Lake Elsinore homes
For sale14 days on market
$1,390,000

32609 Stoneman, Lake Elsinore, CA 92530

—
Beds
—
Baths
—
Sq ft

About this home

Rare opportunity to acquire approximately 8.6 acres of vacant land in the growing Lake Elsinore area! Ideally situated near the intersection of Stoneman Street and Palomar Street, this expansive property offers approximately 700 feet of street frontage and excellent potential for future residential development. Surrounded by established neighborhoods and conveniently located near schools, shopping, dining, and major transportation routes, the property combines a desirable residential setting with long-term investment appeal. Previously marketed with a medium-density residential designation, the parcel offers developers and investors the opportunity to explore a variety of residential development concepts, including a potential new-home community. With continued residential growth and demand throughout Southwest Riverside County, this is an attractive opportunity for builders, developers, and land investors seeking a substantial landholding in an expanding market. Buyer to independently verify lot size, zoning, density, utilities, access, permitted uses, development feasibility, and all necessary approvals with the appropriate government agencies.

Type
Residential
Year built
—
Lot
374,616 sq ft (8.60 ac)
Garage
—
HOA
None
Pool
No
View
Lake
Solar
—
Estimated payment
$8,766/mo
  • Principal & interest$7,029
  • Property tax (est.)$1,332
  • Home insurance (est.)$405

Example only, not a loan offer. Rate is a placeholder; ask a lender for today's. Taxes vary by neighborhood (Mello-Roos).

Listing provided courtesy of LILI QIAN, PACIFIC STERLING REALTY/Irvine, 626-475-2156. MLS# WS26223680. Based on information from California Regional Multiple Listing Service, Inc. as of November 1, 2026 at 7:43 AM Pacific. Information is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use to identify prospective properties they may be interested in purchasing. Coldwell Banker Associated Brokers Realty, CA DRE #00939614.

Similar homes in Lake Elsinore