32800 Ortega Lake Elsinore, CA 92530
Listing Courtesy of: CRMLS / Coldwell Banker Realty / Keven Kelley / Charles "Chuck" Iverson - Contact:  951-965-3212

  32800 Ortega Lake Elsinore, CA 92530

Active (303 Days)
$1,440,000

Description

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 two 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

MLS #:
IV23115705
Lot Size
1.6 acres
Type
Multifamily
Year Built
1955
Views
Trees/Woods, Pond, Mountain(s), Hills, Creek/Stream
County
Riverside County

Listed By

Keven Kelley, DRE #01825843 CA, Coldwell Banker Realty, Contact: 951-965-3212
Charles "Chuck" Iverson, DRE #01241096 CA, Coldwell Banker Realty
Source
CRMLS
Last checked Apr 27 2024 at 5:59 AM GMT+0000
Bathroom Details
Interior Features
  • Laundry: See Remarks
  • Workshop
  • Balcony
Lot Information
  • Trees
  • Sloped Down
  • Secluded
  • Gentle Sloping
Property Features
  • Fireplace: See Remarks
Heating and Cooling
  • See Remarks
Utility Information
  • Utilities: Water Source: See Remarks
  • Sewer: Septic Type Unknown
Stories
  • 1
Additional Listing Info
  • Buyer Brokerage Commission: 2.500
Location
   
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Feb 29, 2024
Price Changed
$1,440,000
-6%
-90,000
Jun 26, 2023
Original Price
$1,530,000
-
-
Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.