125 W Franklin Street
Lake Elsinore, CA 92530
- 3 beds
- 2 baths
- 2,000 sqft
- ~1 acre lot
- $225 per sqft
- 1975 build
- – on site
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First time on the market in over 75 years. This is a one of a kind opportunity. 6 lots making up 1 city block in historic Downtown Lake Elsinore. Property goes from Main Street along Franklin Street all the way to Spring Street. Property is flat and zoned for mixed use development. In addition to the custom home there is also one of the original mineral bath houses on the property. There are only a few mineral springs in the area and this property has one of them. There is a 300 foot hot mineral water well with storage tank as well as city water too. This property would be perfect to develop into a world class spa and resort. Easy freeway access on Main Street with restaurants and shops on Main Street between this property and the lake.
Listed By CRMLS_CA / Tim Suber / Coldwell Banker Res-Murrieta
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Last updated Apr 22, 2024
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MLS# SW13001998 —
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Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
10/30/14
Oct 30, 2014
|
Sold | CRMLS_CA | $450,000 | -10.0% |
10/9/14
Oct 9, 2014
|
Pending | CRMLS_CA | $499,900 | |
10/3/14
Oct 3, 2014
|
Accepting Backup Offers | CRMLS_CA | $499,900 |