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28750 Pierce Ave, Lake Elsinore, CA 92530
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28750 Pierce Ave Lake Elsinore, CA 92530

$1,350,000
  • 3 Beds
  • 2.5 Baths
  • 1,803 Sq.Ft.
For Sale
$1,350,000 Get Pre-Qualified
Map preview of 28750 Pierce Ave, Lake Elsinore, CA 92530

Property Overview: 28750 Pierce Ave Lake Elsinore, CA has 3 bedrooms, 2.5 bathrooms, 1,803 living square feet and 199,504 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: • LOCATION: Lake Elsinore - Riverside County, CA • TOTAL SITE AREA: ±4.58 Acres • APN: 378-020-018 & 378-020-052 • PURCHASE PRICE: $1,300,000 • PRICE PER SF: $6.51/SF • ZONING: R1 (Single Family Residential) • GENERAL PLAN: Low Medium Residential • Newly renovated 3 bed, 2 bath home • Large Storage Barn • Fully Fenced • Adjacent to incoming development The subject property consists of two parcels totaling approximately 4.58 acres located on Pierce St just south of Nichols Rd in the City of Lake Elsinore. The property has relatively flat topography and is just south and west of two separate proposed industrial development projects. The site is an approximate 0.5 mile drive to I-15 at Nichols Rd. Furthermore the property is approximately 70 miles from the Ports of LA and Long Beach. The property is currently fenced on all sides and contains a newly renovated 3 bedroom, 2 bathroom single family home. Toward the back of the property is a large barn with a small living quarters/office built above the barn. Buyer to verify all permits for existing structures. The subject property is zoned Single Family Residential which is intended to accommodate low density residential projects with +/-7200 SF lots. Ownership has had positive conversations with the city in regards to a potential rezone. Given the prospective industrial developments to the east and to the north of this site it is believed that there will be favorable support for an industrial rezone at this location.

Listed by ERIC WASHLE | BRE #02076218 | COLDWELL BANKER COMMERCIAL SC
Co-listed by BRANDON SUDWEEKS | BRE #01435174 | COLDWELL BANKER COMMERCIAL SC
Last checked: 9 minutes ago | Last updated: April 25th, 2024 | Source CRMLS | DOM: 400
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Home details

Lot Sq. Ft
199,504
HOA Dues
$0/mo
Year built
1964
Garage
2 Car
Property Type:
Single Family Home
Status
Active
MLS#
IV23018787
City
Lake Elsinore
County
Riverside
Time on Site
450 days

Open Houses for 28750 Pierce Ave

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Property Details for 28750 Pierce Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 3
  • Downstairs Bathrooms: 2
  • All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Bathroom, Primary Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 1
Interior Features
  • Granite Counters, Open Floorplan
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
  • Has Attached Garage
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Desert, Lake, Meadow, Mountain(s), Rocks, Valley
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 378020018
  • Year Built Source: Public Records
  • Property is not Attached
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • High School District: Lake Elsinore Unified
Location / Neighborhood
Location Information
  • Directions: The site is an approximate 0.5 mile drive to I-15 at Nichols Rd.
Neighborhood Information
  • Community Features: Biking, Fishing, Foothills, Hiking, Lake, Mountainous
View more facts & features

Local Lake Elsinore Agent

Sale History for 28750 Pierce Ave

Last sold for $100,000 on August 22nd, 2019

  • February, 2023

  • Feb 2, 2023

    Date

    Active

    CRMLS: IV23018787

    $130,000

    Price

  • August, 2019

  • Aug 22, 2019

    Date

    Sold (Public Records)

    Public Records

    $100,000

    Price

  • August, 2019

  • Aug 22, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • August, 2018

  • Aug 16, 2018

    Date

    Sold

    CRMLS: SW17223012

    $50,000

    Price

  • Aug 13, 2018

    Date

    Pending

    CRMLS: SW17223012

    $75,000

    Price

  • Sep 27, 2017

    Date

    Active

    CRMLS: SW17223012

    $75,000

    Price

  • Listing provided courtesy of CRMLS

    Great investment property near the Lake Elsinore Outlet Mall and potential path of new home development. This 2.1 acre view lot offers plenty of possibilities. Currently there is not an access road easement to the property, which is not difficult to obtain. The owner has more than reduced the price of the lot to compensate the work needed.

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Tax History for 28750 Pierce Ave

Assessed Value (2021): --
Year Land Value Improved Value Assessed Value
2021 $100,000 -- --

Home Value Compared to the Market

This property vs the competition

28750 Pierce Ave is listed 121.31% higher than the median list price for the city of Lake Elsinore which has a median list price of $610,000. The median price per/sqft for Lake Elsinore is $297 and this home is listed at $748.75 per/sqft which puts the price per square foot 152.11% higher than the median price per square foot for the city of Lake Elsinore.

About 28750 Pierce Ave

Detailed summary of property

28750 Pierce Ave is a single family home located in Lake Elsinore, CA 92530 and is currently for sale. This house offers 3 bedrooms, 2.5 bathrooms, roughly 1,803 living square feet, and sits on an approximately 199,504 square foot lot. 28750 Pierce Ave was first listed on ArdentRealEstateGroup.com on February 2, 2023. The homeowner is currently asking $1,350,000 and was originally asking $130,000. The median priced home in Lake Elsinore is $610,000 with a median price per square foot of $297. Based on Ardent Real Estate Group's Lake Elsinore Market Data, this home is listed 121.31% higher than the median priced home. Local competing homes currently for sale include 23386 Calle Pepita Rd, 16795 Eagle Peak Rd and 8964 Gentle Wind Dr. While the average home in Lake Elsinore, CA is selling in 56 days, 28750 Pierce Ave has a days on market of 400 days. There are currently 268 homes for sale in the Lake Elsinore real estate market and 255 of them are single family homes while 10 of them are condos and 3 are townhomes. For more information on this home for sale at 28750 Pierce Ave Lake Elsinore, CA 92530 contact Ardent Real Estate Group and we will put you in touch with one of our Lake Elsinore agents.

Public Facts for 28750 Pierce Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
91,475
Stories
--
Type
Residential-Vacant Land
Pool
No
Spa
No
County
Riverside
Lot#
--
APN
378-020-052

The source for these homes facts are from public records.

92530 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$595,500
Median List Price/Sq.Ft.
$320
Median Sold Price
$570,000
Median Sold Price/Sq.Ft.
$320
Total Inventory
169
Median Sale to List Price %
99.13%
Avg Days on Market
60
Loan Type
Conventional (36.17%), FHA (31.91%), VA (6.38%), Cash (19.15%), Other (2.13%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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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