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57
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32800 Ortega, Lake Elsinore, CA 92530
$1,053,000 Asking Price
$---/mo Est. Payment Get Prequalified »
2
beds
1
bath
266
sqft
Built in
1955
Where Serenity meets Tranquility!!! Located in the small Mountain Village of El Cariso just 10 miles from Lake Elsinore and 20 miles from Dana Point and Pacific Coast Hwy... is a RARE opportunity to own this secluded gem amongst ancient oaks and tall pines which has been home to Nicolai Studio Gallery, where he paints and composes most of his poetry and where one can come to reflect. Entering this property is like walking onto a hidden remnant of old California. This 1.6 acres showcases the natural beauty of this land which has a creek/stream that runs through the property and two bridge crossings. There are 3 structures and a mobile home, which consists of a 1br 1ba original bungalow, studio apartment, and a two story unit with an art gallery on the bottom floor and living quarters on the 2nd floor with two balconies. Attached to the 2 story unit is an old stone workshop/storage room which is believed to be one of the oldest buildings on the Mountain. The owner lives is the 2 story unit. The original bungalow, studio apartment and mobile home are all rented. Great frontage on Ortega Hwy route 74 with 2 driveways. Could possibly be subdivided and has many possible uses. Would possibly be great for a retreat, airbnb (if allowed), destination restaurant in the oaks, or for an artist! This property has huge potential, all that's missing is you! 1br Bungalow is rented for $900mo, Studio is rented at $25 a day, The mobile home is rented for $400mo, seller lives in two story unit. Enter at 32764 Ortega Highway shown by appointment only. Do not disturb occupants
Features & Amenities
Interior
- Laundry:
- Other/Remarks
- A/C:
- Other/Remarks
- Heating:
- Forced Air Unit
- Fireplace:
- Other/Remarks
Exterior
- Pool:
- None
- Parking:
- Parking spaces: 0
Construction
- General:
- 1 Story
Location
- HOA Amenities:
- 0.0
- Originating MLS:
- California Regional MLS
- County:
- Riverside
Lot
- Zoning:
- C-1/C-P, 386070015
- View:
- Mountains/Hills,Creek/Stream,Trees/Woods
Utilities
- Water:
- Other/Remarks
- Sewer:
- Unknown Sewer
Financial
- Source:
- California Regional MLS
This listing courtesy of:
COLDWELL BANKER REALTY, KEVEN KELLEY
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Lake Elsinore, CA
Housing
- Number of Units
- 27,002
- Median Home Value
- $369,728
- Median Rent
- $1,340
32.89% of housing units are renter occupied.
4.06% are vacant.
Commute
- Car
-
81.73%
- Public Transportation
-
0.25%
- Walk to Work
-
0.50%
- Work from Home
-
15.16%
- Other
-
1.92%
The median travel time to work is 36 minutes.
People
- Population
- 86,623
- Median Age
- 31.40
- Median Household Size
- 3.53
Education
- High School
-
29.37%
- Associate’s Degree
-
8.19%
- Bachelor’s Degree
-
14.23%
- Graduate Degree
-
5.39%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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