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32800 Ortega Highway, Lake Elsinore, CA 92530
$1,440,000
32800 Ortega Highway, Lake Elsinore, CA 92530View this property at 32800 Ortega Highway, Lake Elsinore, CA 92530
32800 Ortega HighwayLake ElsinoreCA92530
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Property Description
Where Serenity meets Tranquility!!! Located in the small Mountain Village of El Cariso just 10 miles from Lake Elsinore and 20 miles from Dana Point and Pacific Coast Hwy... is a RARE opportunity to own this secluded gem amongst ancient oaks and tall pines which has been home to Nicolai Studio Gallery, where he paints and composes most of his poetry and where one can come to reflect. Entering this property is like walking onto a hidden remnant of old California. This 1.6 acres showcases the natural beauty of this land which has a creek/stream that runs through the property and two bridge crossings. There are 3 structures and a mobile home, which consists of a 1br 1ba original bungalow, studio apartment, and a two story unit with an art gallery on the bottom floor and living quarters on the 2nd floor with two balconies. Attached to the 2 story unit is an old stone workshop/storage room which is believed to be one of the oldest buildings on the Mountain. The owner lives is the 2 story unit. The original bungalow, studio apartment and mobile home are all rented. Great frontage on Ortega Hwy route 74 with two driveways. Could possibly be subdivided and has many possible uses. Would possibly be great for a retreat, airbnb (if allowed), destination restaurant in the oaks, or for an artist! This property has huge potential, all that's missing is you! 1br Bungalow is rented for $900mo, Studio is rented at $25 a day, The mobile home is rented for $400mo, seller lives in two story unit. Enter at 32764 Ortega Highway shown by appointment only. Do not disturb occupants
Full Property Details
Full Property Details for 32800 Ortega Hwy.
General
- Price: $1,440,000
- Status: Active
- Type: Commercial
- MLS ID: IV23113729
- Updated: 3/22/2024
- Days on Market: 313 days
- Added to Site: 313 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: See Remarks
Location
- County: Riverside
- Driving Directions: Enter at 32764 Ortega Hwy
Heating & Cooling
- Cooling Type: See Remarks
- Heating Type: See Remarks
Utilities
- Utility Description: Electricity Connected, See Remarks, Water Connected
Structural Information
- # Buildings: 3
- Construction: Stucco, Wood Siding
- Roof: See Remarks
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 2100
- Square Feet: 2,100
- Year Built: 1955
- Year Built Source: Public Records
Lot Features
- Lot Size (Acres): 1.6
- Useable Acres: 1.6
- Lot Size (Sq. Ft.): 69,696
- Lot Size Source: Public Records
- Fence: Yes
- Lot Features: Sloped Down, Gentle Sloping, Secluded, Treed Lot
- Lot Description: Sloped Down, Gentle Sloping, Secluded, Treed Lot
- Fencing (Description): See Remarks
Water Features
- Water Front Desc.: Creek, Stream
Financial Considerations
- Price Per Sq. Ft.: $685
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Property ID: 386070015
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Schools
Schools serving 32800 Ortega Hwy.
School District:Lake Elsinore Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
18730 Grand Ave, Lake Elsinore, CA 92530 | PK-8 | 5.6 mi | |
33005 Canyon Hills Rd, Lake Elsinore, CA 92532 | 6-8 | 9.5 mi | |
32593 Riverside Dr, Lake Elsinore, CA 92530 | 9-12 | 2.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 32800 Ortega Hwy.
Date
Details
Price
Change
Source
2/29/2024
Price Reduced
$1,440,000
-5.88%
MLS
6/26/2023
Listed
$1,530,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 32800 Ortega Hwy.
Year
Property Taxes
Change
Tax Assessment
Change
2023
$439
2%
$47,954
2%
2022
$429
2%
$47,014
2%
2021
$420
1%
$46,093
1%
2020
$415
2%
$45,621
2%
2019
$406
3%
$44,727
2%
2018
$396
2%
$43,851
2%
2017
$388
4%
$42,992
2%
2016
$372
2%
$42,150
2%
2015
$366
4%
$41,520
2%
2014
$353
1%
$40,709
—
2013
$351
—
$40,528
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 32800 Ortega Hwy.
32800 Ortega Highway, Lake Elsinore, CA 92530 (MLS# IV23113729) is a Commercial property. 32800 Ortega Highway is currently listed for $1,440,000 and was received on June 26, 2023. This property is listed by Keven Kelley from our Riverside Office.Want to learn more about 32800 Ortega Highway? Do you have questions about finding other Commercial real estate for sale in Lake Elsinore? You can browse all Lake Elsinore real estate or contact a Coldwell Banker agent to request more information.