32609 Stoneman , Lake Elsinore, CA 92530
$1,390,000
Est. Payment: $7,212.41/mo
8.6 Acres
Status: active | Days on site: 19
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21437 - WS78081
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House Description

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.

Highlights

Listed by LILI QIAN , 626-475-2156 PACIFIC STERLING REALTY/Irvine , 949-222-9911. CRMLS/Multi-Regional MLS mls logo

Property Type

Vacant Land

Lot/Acreage
8.6

County

Riverside

Area

SRCAR - Southwest Riverside County

Listing ID

WS26223680

Questions about this listing?

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Interior Features

Water:Public

Exterior Features

Lot:Lot Over 40000 Sqft,No Land Lease
Zoning:R
Principal Interest
$7,212
Taxes
$886

Home Price

$1,390,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$278,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$7,212.41

Principal

Taxes

Principal Taxes HOA Total
Monthly $7,212.41 $886.13 $0.00 $8,098.54
Yearly $86,548.93 $10,633.50 $0.00 $97,182.43
Total $2,596,467.90 $319,005.00 $0.00 $2,915,472.90

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Lake Elsinore, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T21:34:20.000Z

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