32609 Stoneman
Lake Elsinore, CA 92530
Listing broker / agent: PACIFIC STERLING REALTY/Irvine · LILI QIAN · 626-475-2156 · CRMLS
MLS # WS26223680 · Last checked Oct 19, 2026 04:46 UTC
About this property
Rare opportunity to acquire approximately 8.6 acres of vacant land in the growing Lake Elsinore area! Ideally situated near the intersection of Stoneman Street and Palomar Street, this expansive property offers approximately 700 feet of street frontage and excellent potential for future residential development. Surrounded by established neighborhoods and conveniently located near schools, shopping, dining, and major transportation routes, the property combines a desirable residential setting with long-term investment appeal. Previously marketed with a medium-density residential designation, the parcel offers developers and investors the opportunity to explore a variety of residential development concepts, including a potential new-home community. With continued residential growth and demand throughout Southwest Riverside County, this is an attractive opportunity for builders, developers, and land investors seeking a substantial landholding in an expanding market. Buyer to independently verify lot size, zoning, density, utilities, access, permitted uses, development feasibility, and all necessary approvals with the appropriate government agencies.
Property details
- MLS number
- WS26223680
- Status
- Active
- Type
- Land
- Lot size
- 8.6 acres
- County
- Riverside
More property detailsCollapse
Listing
- Days on market
- 0
Exterior & parking
- Lot features
- Lot Over40000 Sqft
- Lot size source
- Assessor
- Property outlook
- Lake
Utilities & community
- Water
- Public
- Community features
- Lake
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Lakeland Village (school website, opens in a new tab) Lake Elsinore Unified · Lake Elsinore | K–8 | 0.5 mi |
| Julia Lee Performing Arts Academy (school website, opens in a new tab) Riverside County Office of Education · Lake Elsinore | K–8 | 0.7 mi |
| William Collier Elementary Lake Elsinore Unified · Wildomar | K–5 | 1.2 mi |
| Jean Hayman Center (school website, opens in a new tab) Lake Elsinore Unified · Wildomar | 12 | 1.8 mi |
| Elsinore High Lake Elsinore Unified · Wildomar | 9–12 | 2.2 mi |
| Railroad Canyon Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 2.5 mi |
| Wildomar Elementary Lake Elsinore Unified · Wildomar | K–5 | 3.1 mi |
| Elsinore Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 3.1 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $1,390,000
- MLS-reported original asking price
- $1,390,000
| Observed (UTC) | Asking price |
|---|---|
| Oct 19, 2026 04:46 | $1,390,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Lake Elsinore
Active residential homes for sale in Lake Elsinore, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
52 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 05:29 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗