Property Details
About this Property
**Prime Residential & Commercial Development Opportunity – Lake Elsinore** Exceptional opportunity to acquire a **multi-parcel property totaling approximately 4.5+ acres** in the heart of Lake Elsinore’s expanding residential and commercial corridor. Strategically located on the **northeast corner of Lake Street and Running Deer Road**, the property sits within **2.5 miles of Interstate 15** and is surrounded by high-density residential growth and active commercial development. The property consists of **two residential/land parcels**: * A **3.6-acre lot** with an existing manufactured home that may be remodeled for comfortable living or removed to align with future development plans. * A **0.91-acre lot** featuring multiple existing structures, offering additional flexibility for redevelopment or income-producing improvements. These parcels are part of a larger commercially zoned footprint totaling approximately 4.5 acres, zoned **C2 General Commercial**, allowing for a wide range of uses permitted under C0, C1, and C2, zoning classifications. This zoning provides exceptional flexibility for retail, service, mixed-use, or complementary residential-supporting development. The site is part of a broader **10-acre commercially zoned area** and is located adjacent to
MLS Listing Information
MLS #
CROC26029361
MLS Source
California Regional MLS
Days on Site
1
Parking, School, and Other Information
HOA Fee
$0
Zoning
D1
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
28857 Lake is in Lake Elsinore, CA 92530. This Land is currently priced at $3,800,000. This address can also be written as 28857 Lake, Lake Elsinore, CA 92530.
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This listing information is up-to-date as of February 09, 2026. For the most current information, please contact Genesis White
