$559,000
For Sale

15157 Lincoln Street

Lake Elsinore, CA 92530
1432 sqft | 3 beds | 1.5 baths | 0.59 acres | #WS24207180
Listing OfficeIDEAL REALTY
Browse 4 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Investors! Investors! Introducing a charming residence wrapped in the picturesque landscape of Lake Elsinore. Walking distance to the lake and minutes from the 15 freeway, this 1,432 sqft. house, with its 3 bedrooms and 1.5 bathrooms, boasting almost 26,000 sq ft. lot offers a canvas ripe for the discerning creative eye. Freshly fitted with new flooring, the interiors are mere footsteps from becoming a masterpiece. A fireplace awaits those cold winter nights, and while the heater and kitchen may need some upgrading, the potential for this property is endless.
Imagine transforming the expansive property's ample 26,000 square feet lot, inviting your investment and/or landscaping artistry. Here is the space for potential ADUs or new-builds across the backyard. Utilize the space to bloom tranquil gardens or establish a vibrant playground under the Californian sun, or even integrate extravagant amenities such as an in-ground pool or an alfresco dining pavilion.
For the interior 1,432-square-foot layout—base your endeavors on the home’s robust renovation potential. Whether you're a craftsman at heart or an alteration enthusiast, the very structure eagerly awaits its metamorphosis. Enhance the attic into an artist's alcove or a writer’s retreat. Descend into the basement—ideal for refining into a home cinema or a safety storage space.
With the tranquil Lake Elsinore just nearby, envision serene mornings spent by the water, returning to the comfort of your personalized abode.
Nearby, educational institutions like Lakeside High School and Machado Elementary anchor the community, while local attractions like the Launch Pointe Recreation Destination beckon for weekend adventures. Indulge in the delightful flavors of the nearby El Comal, satisfy your BBQ cravings at Jack’s Bar-B-Q, or fetch your essentials at the proximate Albertsons.
This property is not merely a home but a foundation for your dreams and definition of luxury. A perfect blend of possibility and promise, tailored for those who see not only what is but what can be. Welcome, investor aficionados: Are you ready to leave your legacy in Lake Elsinore?
Property to be sold in as-is condition. Buyer to do their own due diligence. Please give at least 2 hours notice for showing.

  • Interior Details
      • InteriorAttic
    • Beds & Baths
      • Bathrooms1.5
      • Bedrooms3
      • Full Baths1
      • Half Baths1
  • Property Details
      • Lot DescriptionRectangularLot, ValueInLand
      • ViewLake, Mountains
      • Stories1
    • Measurements
      • Acres0.59
      • Square Feet1432
    • Parking
      • Parking Spaces1
  • Construction Details
      • Property TypePurchase
      • BasementFinished
    • Condition
      • Year Built1919
    • Material information
      • FoundationCombination
  • Utilities / Energy Details
      • Utility FeaturesCableAvailable, CableConnected, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, PhoneAvailable, P
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • School DistrictLake Elsinore Unified
      • Middle SchoolTerra Cotta
      • CountyRiverside
      • High SchoolLakeside
      • Elementary SchoolMachado
  • Financial Details
      • Original List Price$559,000
  • Other
      • MLS #WS24207180

Location

Mirvat KhouryReal Estate Group
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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