Lake Elsinore Properties between $1,500,000 and $2,000,000 for Sale

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Newest Lake Elsinore Properties between $1,500,000 and $2,000,000 for Sale

$1,759,000

DW26140807 MLS ⋅ Active Status

Acquire a rare opportunity to own both the real estate and the established Ringside Bar & Grill in the growing community of Lake Elsinore, California. The real estate must be purchased in conjunction with the business, which is offered separately at $425,000. The business generates gross annual sales exceeding $1,000,000, making this an outstanding opportunity for an owner-user seeking an established, turnkey operation. Cap rate at $10,000 NNN is 6.82 The property features a 2,776-square-foot freestanding building that underwent extensive renovations in 2022, creating a modern, attractive, and welcoming environment for patrons. Originally constructed in 1982, the property has been thoughtfully updated and is well-positioned for continued success. Ideally located in the vibrant Lake Elsinore market and zoned CP (Commercial Professional), the property offers excellent visibility, accessibility, and long-term growth potential. Whether you are an experienced restaurateur looking to expand or an entrepreneur seeking to own your own business and real estate, this offering provides a unique opportunity to acquire a thriving business and a strategically located commercial property in one transaction. 2,776 SF building with an additional 800 SF covered patio Built in 1982 Renovated in 2022 Zoned CP Located on Ortega Hwy just as you come into Lake Elsinor. Cap Rate is based on Market rent of $10,000 a month NNN Ringside Bar and Grill to be sold concurrently at $425,000 Includes a Type 48 liquor license Seats 99 persons 10 beer taps, and 3 wells behind the bar Touchtunes jukebox Multuple Samsung Smart TVs Sound system with DJ set up Flat top grill Two fryers Pizza Oven

31502 Riverside, Lake Elsinore

$1,849,000

6 Beds ⋅ 4 Baths ⋅ OC26111840 MLS ⋅ Active Status

Discover the perfect blend of luxury, privacy, and equestrian functionality in the exclusive, gated community of Rancho Capistrano. This exceptional property spans 3.3 acres of 100% usable, flat-to-rolling land, offering unforgettable views. Fully fenced and secured, the perimeter provides complete peace of mind for your livestock and pets. The expansive acreage accommodates top-tier equestrian amenities, including a 2 stall barn, tack room with miles of trails connecting to the property, surrounded by the Cleveland National Forest. Built with fortress-like concrete filled masonry and designed to maximize natural cross-ventilation, the south-facing residence offers a rare combination of luxury, self-sufficiency, and premium hobby amenities. The heart of the home is a 1,250-square-foot central great room with soaring ceilings, creating a space for grand-scale entertaining, a breathtaking sky high granite fireplace is a stunning focal point & the great room is enhanced by a dramatic floating upper level library. The versatile floor plan features 5 spacious bedrooms & can easily add a sixth, including a luxury primary retreat with a claw foot soaking tub. All upper bedrooms provide a Juliet balcony. For the culinary enthusiast, the kitchen comes fully equipped with 10 burner cooktops, double ovens, self close cabinetry, incredible views, wine refrigerator. Relax in the Adjacent comfortably appointed sitting room. High-tech integration runs deep, with high-speed data wiring hardwired into every single room, including the bathrooms. Beyond the main home, the fully fenced grounds transform into a private paradise for hobbyists, vintners, and equestrian enthusiasts alike. The detached observatory offers full utilities & provides potential for an income producing ADU w/ a dedicated driveway to area. Winemakers can tend to 1,000 feet of mature, producing grapevines & the established fruit trees. Outdoor living is anchored by a private pool w eco-friendly pump and a professional-sized tennis court ready for restoration or a pickleball transformation, also would be ideal for a dedicated RV storage area w 7200 sq.ft concrete pad. Designed for absolute peace of mind, the estate features Andersen windows & doors*a robust grid-independent backups*3 separate zones for A/C & heat*commercial grade copper plumbing*an EV-ready garage*a whole-house generator & advanced climate systems keeping utility bills very low within a community featuring a low monthly HOA.

17392 LOS ALISOS, Lake Elsinore

$1,500,000

3 Beds ⋅ 2 Baths ⋅ SW26062609 MLS ⋅ Active Status

Location Location Location . Value in Land .1 acre with a manufactured home / Home is a fixer and selling AS - IS /. Chapter 17.134 . CMU Commercial Mixed Use District. Permitted use: Apartments , Row housing , townhomes , Supportive housing , Food establishment, Financial , Live and work unit , Medical office , Professional offices, Parking facility, Retail , side walk vendors , Cartaker quarters , Bed and breakfast and more . Other use subject to CUP : Animal Hospital , Bar / PUB / Lounge , Card room , Catering services , Day Care , Condominium complex, Massage establishment , Assembly use ,Residential care facility and more . Temporaty TUP : Open air market / food trucks . This property is next to LA fitness, Super walmart, In and out burger , Douglas burger, Costco, Home Depot, Lowes and more . Easy on and off the 15 Freeways at main street , central or other exits. Live in home while you go threw process to add a drive thru restaurant , up to 18 apartments , church and or any CMU . See remarks

29489 3rd, Lake Elsinore

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.