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Buy a propertyat 32800 Ortega Highway, Lake Elsinore, CA 92530

$1,440,000

$1,530,000 (-5.88%)

$0/mo

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Residential

2,100 Sq. Ft.

1.6 Acres lot

3 Bedrooms

3 Bathrooms

265 Days on market

IV23113755 MLS ID

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About 32800 Ortega Highway property

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
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

Property details

Common walls

No Common Walls

Construction materials

Stucco

Wood Siding

Fireplace features

See Remarks

Foundation details

See Remarks

Heating

See Remarks

Horse amenities

Riding Trail

Laundry features

See Remarks

Levels

One

Lot features

Sloped Down

Gentle Sloping

Secluded

Other structures

Guest House

Outbuilding

Patio and porch features

Rear Porch

Front Porch

Patio

Porch

See Remarks

Pool features

None

Road frontage type

Private Road

Road responsibility

Private Maintained Road

Sewer

Septic Tank

Showing contact type

Agent

Spa features

None

Special listing conditions

Standard

Structure type

Mixed Use

Utilities

Electricity Connected

See Remarks

Water Connected

View

Bridge(s)

Hills

Mountain(s)

Creek/Stream

Trees/Woods

Waterfront features

Creek

Stream

Monthly cost

Estimated monthly cost

$9,176/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,353,600

+$43,200

$1,396,800

Seller agent commission$43,200 (3%)*

$0 (0%)

Buyer agent commission$43,200 (3%)*

$43,200 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

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Unreal Estate checked: May 2, 2024 at 4:52 p.m.

Data updated: Mar 14, 2024 at 8:50 p.m.

Property listed by COLDWELL BANKER REALTY, KEVEN KELLEY 951-965-3212
Based on information from California Regional Multiple Listing Service, Inc. as of 03/14/2024 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing Information © 2024 California Regional MLS. All Rights Reserved.

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