Lake Elsinore Real Estate Search

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

Our website features the best real estate search for between $1,500,000 and $2,000,000 properties available in Lake Elsinore and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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

17392 Los Alisos, Lake Elsinore
$1,850,000
5 Beds ⋅ 4 Baths ⋅ IG26224476 MLS ⋅ Active Status
Imagine coming home to your own private Mediterranean estate, surrounded by the Cleveland National Forest, with sweeping views of Lake Elsinore and the Temescal Valley. Welcome to Villa Serrano, a remarkable 3.3-acre retreat tucked inside Rancho Capistrano, a private gated equestrian community where privacy, natural beauty, and wide-open spaces come together. Originally designed and built by Andrew Salat, this 4,299-square-foot estate offers five spacious bedrooms, the potential for a sixth, four bathrooms, and a lifestyle that's becoming increasingly difficult to find in Southern California. At the heart of the home is an extraordinary 1,250-square-foot great room with soaring ceilings, a dramatic granite fireplace, and a floating upper-level library that gives the space a character all its own. Expansive windows frame the surrounding landscape, while warm Mediterranean architecture and thoughtful upgrades create an inviting atmosphere for everyday living and unforgettable gatherings. The kitchen was designed for those who love to cook and entertain, featuring a 10-burner cooking setup, double ovens, a wine refrigerator, and beautiful views that make even an ordinary morning feel special. But what truly sets Villa Serrano apart is everything waiting beyond its doors. Picture spending warm afternoons beside your private pool, enjoying fruit from your own established trees, or simply taking in the peaceful surroundings of your fully fenced acreage. For equestrian enthusiasts, a two-stall barn, tack room, and access to miles of nearby riding trails create an opportunity to embrace the Rancho Capistrano lifestyle. There's also a private tennis court awaiting refurbishment, with the potential to restore it for tennis or explore a future pickleball conversion. And for those who dream of creating something more, the detached observatory offers additional possibilities as a creative studio, hobby space, or potential future guest accommodations, subject to applicable approvals. With a private gated entrance, circular driveway, dedicated RV parking area, whole-house generator, and an array of thoughtful upgrades, this estate combines old-world charm with modern functionality. Whether you're dreaming of an equestrian retreat, a private family sanctuary, or simply a place where you can escape the noise and enjoy the beauty of Southern California, Villa Serrano offers something truly special.

17392 Los Alisos, Lake Elsinore

34744 Ortega Highway, Lake Elsinore
$1,890,000
5 Beds ⋅ 5 Baths ⋅ OC26172201 MLS ⋅ Active Status
Escape to your own private retreat on approximately 5.10 acres bordering the Cleveland National Forest, where incredible 360-degree views, privacy, and self-sufficient living come together in a truly special setting. This spacious 5-bedroom, 5-bath, two-story residence offers an exceptional combination of comfort, functionality, and wide-open space, all reached by a picturesque drive beneath a canopy of mature oak trees. A standout feature of the property is the impressive 80' x 35' fully insulated shop, equipped with approximately 160 amps of power, copper air lines, an incredible space for the enthusiast, collector, craftsman, or anyone needing substantial workspace and storage. 45 solar panels located on the shop roof supply power to both the residence and shop, while a private well, two 5,500-gallon water holding tanks providing 11,000 gallons of total storage, propane, and a newer backup generator further enhance the property's self-sufficient capabilities. Inside, the home has been refreshed with new luxury flooring, soft neutral interior paint, pet-friendly carpeting, and ceramic tile in the guest bathrooms. The upgraded kitchen features high end newer appliances by Decor and Kitchen Aid, while custom iron entry doors invite the mountain breeze inside. The spacious primary suite opens to a newly tiled private deck showcasing a truly spectacular view of the surrounding forest. Outdoors, enjoy a gorgeous swimming pool with beach entry, newer pool equipment, relaxing spa, shaded hammock sitting area, and drought-resistant, fire-conscious landscaping designed with limited water needs in mind. The property also features 1.5-inch fire-water hookups around the residence and shop with hoses and nozzles, adding another valuable feature to this mountain setting. With panoramic mountain and forest views, a remarkable shop, 45-panel solar system, private well and substantial water storage, pool, acreage, and direct proximity to the Cleveland National Forest, this is a rare opportunity to experience the beauty and independence of Ortega Mountain living.

34744 Ortega Highway, Lake Elsinore

31502 Riverside, Lake Elsinore
$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

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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.

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