1 Palm Drive
Lake Elsinore, CA 92530
Listing broker / agent: Jeff Arcuri, Broker · James Kinney · 949-335-2039 · CRMLS
MLS # OC26152093 · Last checked Oct 20, 2026 21:50 UTC
About this property
Prime Residential Development Opportunity – Country Club Heights, Lake Elsinore Discover an exceptional opportunity to build in the desirable Country Club Heights neighborhood of Lake Elsinore. This expansive 58,350-square-foot (1.34± acre) parcel offers incredible development potential in a peaceful setting just a short, easy distance from the lake. The property is beautifully framed by 12 mature date palms along the paved road, creating an impressive entrance and enhancing its curb appeal. With over an acre of land, this rare parcel presents the opportunity to develop four or more homes (buyer to verify zoning, density, and development requirements with the City of Lake Elsinore). Utilities are conveniently located nearby, with septic required. Enjoy all that Lake Elsinore, Southern California’s largest natural freshwater lake, has to offer. Spanning approximately 3,000 surface acres, the lake features nearly 14 miles of shoreline and is a year-round destination for boating, fishing, water sports, camping, and lakeside recreation. Country Club Heights is one of Lake Elsinore’s most historic neighborhoods, originally established in the early 1900s during the city’s first real estate boom. Known for its elevated homesites, panoramic lake and mountain views, and unique topography, the area continues to attract builders and homeowners seeking custom residences in a community rich in local history and character. Whether you’re a developer, investor, or future homeowner looking to build a custom estate, this is a rare chance to secure a premium parcel in one of Lake Elsinore’s most sought-after hillside communities. Buyer must verify all information with city of Lake Elsinore and Riverside County.
Property details
- MLS number
- OC26152093
- Status
- Active
- Type
- Land
- Lot size
- 1.34 acres
- County
- Riverside
More property detailsCollapse
Listing
- Days on market
- 42
Exterior & parking
- Lot features
- Zero To One Unit Acre, Corner Lot, Corners Marked, Lot Over40000 Sqft, Rectangular Lot
- Lot size source
- Assessor
- Fencing
- None
- Property outlook
- Canyon, Hills, Lake, Water
Utilities & community
- Water
- Public
- Utilities
- See Remarks
- Community features
- Hiking, Lake, Mountainous, Rural, Ravine, Valley, Water Sports
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 |
|---|---|---|
| Elsinore Middle Lake Elsinore Unified · Lake Elsinore | 6–8 | 0.5 mi |
| Ortega High Lake Elsinore Unified · Lake Elsinore | 9–12 | 0.6 mi |
| Elsinore Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 1.0 mi |
| Machado Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 1.8 mi |
| Temescal Canyon High Lake Elsinore Unified · Lake Elsinore | 9–12 | 1.8 mi |
| Earl Warren Elementary (school website, opens in a new tab) Lake Elsinore Unified · Lake Elsinore | K–5 | 2.1 mi |
| Lakeside High Lake Elsinore Unified · Lake Elsinore | 9–12 | 2.2 mi |
| Railroad Canyon Elementary Lake Elsinore Unified · Lake Elsinore | K–5 | 2.3 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
- $297,000
- MLS-reported original asking price
- $350,000
- MLS-reported previous asking price
- $315,000
- MLS-reported last price change
- 2026-08-26 07:04 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:35 | $297,000 |
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
53 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 22:43 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 ↗