Motivated seller looking to see all offers and trade ideas. With spectacular views of the lake and mountains, this VERY RARE property contains date palm trees, with a value of $6,000 - $20,000 EACH on the property, accessed by PAVED roads. Short distance to Lakeshore Dr and the water! This land is flat AND sloped, allows for easy parking and spectacular views. This is a VERY RARE opportunity to own such a large piece of land in California close to orange county and LA. Water, gas and electricity are nearby while sewer is commonly septic. This amazing property gradually wraps around a large hillside between Palm Drive and Hill Ave. Buyer must verify ALL information with Riverside County and Water District.
Property Details
Property Features
Listing Office:
Office Name: Jeff Arcuri, Broker
Office Phone: (949) 335-2039
Listing Agent: James Kinney
Exterior Features
Exterior Information:
View: Hills, Lake, Panoramic, Water
Lot Features
Lot Information:
Lot Size: 0.51 Acres
Other
Directions Information:
Directions: South on Lakeshore DR, left on Wilson Way, left on Sumner Ave. The land is on your immediate right as you turn left at the Y on Sumner Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $99,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Lake Elsinore, CA.
This property is $495.5K less than the Median Sold Price in Lake Elsinore, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #OC23076164
Listing Office:
Office Name: Jeff Arcuri, Broker
Office Phone: (949) 335-2039
Listing Agent: James Kinney
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: 12/4/2024, 2:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$562
Per Month
Principal & Interest
$495
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$363
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Elsinore Elementary School
512 W Sumner Ave
Distance between this listing and this school0.99 miles
Public District Grades KG-5
3
/10
Machado Elementary School
15150 Joy St
Distance between this listing and this school1.78 miles
Public District Grades KG-5
5
/10
Earl Warren Elementary School
41221 Rosetta Canyon Dr
Distance between this listing and this school1.86 miles
Public District Grades KG-5
Nearby Schools
3
/10
Elsinore Middle School
1203 W Graham Ave
Distance between this listing and this school0.70 miles
Public District Grades 6-8
4
/10
Terra Cotta Middle School
29291 Lake St
Distance between this listing and this school2.87 miles
Public District Grades 6-8
3
/10
Lakeland Village School
18730 Grand Ave
Distance between this listing and this school3.92 miles
Public District Grades KG-8
Nearby Schools
4
/10
Ortega High School
520 Chaney St Bldg 100
Distance between this listing and this school0.52 miles
Public District Grades 9-12
3
/10
Keith Mccarthy Academy
1405 Ed Way
Distance between this listing and this school0.56 miles
Public District Grades KG-12
6
/10
Temescal Valley High School
28755 El Toro Rd
Distance between this listing and this school1.48 miles
The neighbors living near this home have an average income of $51,479. Typical income of Lake Elsinore, CA residents is between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3 Palm Dr
What is the listing price of this property?
The listing price of 3 Palm Dr property is $99,000.
What type of property is this?
The property 3 Palm Dr is land located in Lake Elsinore, California, 92530.
Is this property for sale now?
Active Listing: 3 Palm Dr is For Sale (Active/New) which means the seller is accepting offers.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3 Palm Dr in Lake Elsinore, CA and zip code 92530 in the Country Club Heights neighborhood. This home sits on a 0.51 acre lot. It has been listed on Rocket Homes since May 04, 2023 and is currently priced at $99,000.
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. The number of homes for sale in Lake Elsinore, CA decreased by 1.9% between October 2024 and November 2024. In November 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $594,542.
From Rocket Homes Real Estate and based on county public records data.