11 days on rocket

16482 Grand Ave, Lake Elsinore, CA, 92530

$949,900

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
1,140 SqFt
$833/SqFt
House

Location

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16482 Grand Ave, Lake Elsinore$949,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Garage3 spaces
Year Built1911
HeatingNone
CoolingWall/Window Unit(s)
WaterfrontLake Front, Lake Privileges
FireplaceFamily Room
ViewHills, Lake, Mountain(s), Panoramic, Pond, Trees/Woods, Water
MLS #SW24245422
Lot Size1.00 Acres
StatusActive

About 16482 Grand Ave

Here is a once in a lifetime opportunity to own THE cutest home on the water in Lake Elsinore! This historic 1911 cottage was meticulously rebuilt in the early 1980's under previous ownership in a manner preserving its "cottagecore" charm. Positioned on a spacious one acre lot running from Grand Ave all the way to the the lake, this super-private getaway has its own private beach and features the original 1 bedroom, 2 bath cottage as well as a detached garage with recently renovated upstairs apartment. Additionally, the 3-car garage features an attached bedroom with private bathroom and its own private patio that opens to the beautiful lawn area between the two buildings. The grounds feature majestic shade trees and a lovely variety of flowering plants. Stepping out onto the cottage rear deck you'll have commanding lake, city-lights and mountain views as you enjoy the quiet ambiance next your quaint koi pond. There is ample room on this parcel for storing boats, RV's or for possibly building an additional home as the structure is located several hundred feet from water's edge. This home is ideal for those looking for a unique home on the shores of Southern California's only naturally occurring year-round lake...a true piece of California history. Another possible use would be as a short term rental property while a caretaker could reside in the apartment above the garage. The beach features spectacular views up and down the west shore and of the surrounding mountains. You also have a very nice view of the city lights on the opposite side of the lake. Hurry, this home will not last!

Property Details

Property Features

Property Information:

  • Architectural Style: Cottage
  • Year Built: 1911
  • Stories: 2
  • Living Area: 1,140 SqFt

Listing Office:

  • Office Name: McDermott Realty Group
  • Office Phone: (951) 314-1856
  • Listing Agent: Joseph McDermott

Interior Features

Interior Information:

  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Lake Front, Lake Privileges
  • View: Hills, Lake, Mountain(s), Panoramic, Pond, Trees/Woods, Water
  • Exterior: Koi Pond

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Back Yard, Front Yard, Gentle Sloping, Lawn, Landscaped
  • Lot Size: 1.00 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Take Grand to property address. On lake side of street

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,900
  • Price Per SqFt: $833/SqFt

Tax Information:

  • Annual Amount: $2,877
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Lake Elsinore, CA.

Med. Sold Price

$594.5K

Med. Price/SqFt

$295

Avg. Days On Market

41

# of Sold Homes

65

16482 Grand Ave vs Lake Elsinore

11 DAYS ON ROCKET

-30 Days

$949,900

+$355.3K More

$833/SqFt

+$538 More

KEY TAKEAWAY

This property is $355.3K more than the Median Sold Price and $538/SqFt more than other homes in Lake Elsinore, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW24245422

Listing Office:

  • Office Name: McDermott Realty Group
  • Office Phone: (951) 314-1856
  • Listing Agent: Joseph McDermott

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 07, 2021Home Sold
$782,000

Tax History

YEARPROP. TAXASSESSMENT
2021$2,877$210,702
2020$2,876$208,542
2018$2,876$200,446
2017$2,838$196,517

History based on county public records data.

Payment Calculator

$4,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,914

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4265437
3
/10
  • Elsinore Elementary School

  • 512 W Sumner Ave

  • 2.25 miles

  • Public District Grades KG-5

school-card-donut-4265438
3
/10
  • Machado Elementary School

  • 15150 Joy St

  • 2.39 miles

  • Public District Grades KG-5

school-card-donut-4265439
3
/10
  • Withrow Elementary School

  • 30100 Audelo St

  • 2.96 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,281. Typical income of Lake Elsinore, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16482 Grand Ave

What is the listing price of this property?

The listing price of 16482 Grand Ave property is $949,900.

What type of property is this?

The property 16482 Grand Ave is a house located in Lake Elsinore, California, 92530.

Is this property for sale now?

Active Listing: 16482 Grand Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,877 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 7, 2021 for $782,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16482 Grand Ave has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 16482 Grand Ave is 1,140 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16482 Grand Ave is 1911.

Rocket HomesCaliforniaRiverside CountyLake Elsinore9253016482 Grand Ave

This home is located at 16482 Grand Ave in Lake Elsinore, CA and zip code 92530 in the Lakeland Village neighborhood. This 1,140 square foot home, which was built in 1911, sits on a 1.00 acre lot. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $949,900.

In November 2024, from all listings sold in Lake Elsinore, CA there were more than 31 sold above asking price, over 16 sold below and more than 18 were sold right at the asked price. Between October 2024 and November 2024, Lake Elsinore, CA real estate market has seen decrease in the number of listings by 1.9%. While the average time on the market in November 2024 was 41 days, the median list price was $594,542.

From Rocket Homes Real Estate and based on county public records data.

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