228 S Spring, Lake Elsinore, CA 92530
Local realty services provided by:Better Homes and Gardens Real Estate Everything Real Estate
228 S Spring,Lake Elsinore, CA 92530
$2,400,000
- 7 Beds
- 3 Baths
- 3,823 sq. ft.
- Single family
- Pending
Listed by: leticia vega
Office: century 21 masters951-244-2353
MLS#:IG26203297
Source:CRMLS
Price summary
- Price:$2,400,000
- Price per sq. ft.:$627.78
About this home
HISTORIC LAKE VIEW PROPERTY | 2 PARCELS | 5 BEDROOMS | SEPARATE 1,300± SF STRUCTURE | MIXED-USE ZONING
Rare opportunity to own a historic Lake Elsinore property with stunning, unobstructed lake views and exceptional potential. The main residence offers 5 bedrooms and 2 bathrooms, featuring 3 bedrooms downstairs and 2 bedrooms upstairs. The spacious interior includes two separate living areas, original cedar beam ceilings, crown molding, original cedar wood floors, a charming parlor, built-in china cabinet, and 3 fireplaces with original granite stone. All rooms have potential of being converted to commercial office area, restaurant, retail shops etc etc THE POSSIBILITIES ARE ENDLESS. Central A/C and heat and updated copper plumbing add modern convenience while preserving the home's historic character. The primary suite features panoramic lake views and a private balcony.
The property also includes a separate structure with its own address at 125 Library St. The structure has a separate electric meter, new electrical box and electrical installation, and shares a water meter with the main house. Seller states the structure is grandfathered as a second unit. This structure is unfinished and can be converted to Residential or Commercial use.
Both parcels are included or can be sold separately.
The property is located within a mixed-use zoning designation, offering potential for a variety of residential and commercial uses, subject to city approval and applicable zoning regulations. Potential uses to investigate may include residential, office, retail, coffee shop, restaurant, boutique, hotel, church, spa, and other mixed-use concepts.
Conveniently located in the Historic heart of Lake Elsinore, within walking distance to the lake and minutes from the 15 Freeway. NO HOA and low taxes. A unique opportunity for an owner-user, investor, or buyer seeking a property with historic character, lake views, multiple structures, and future potential....
Contact an agent
Home facts
- Year built:1942
- Listing ID #:IG26203297
- Added:50 day(s) ago
- Updated:November 06, 2026 at 09:24 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:3
- Full bathrooms:3
- Living area:3,823 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Year built:1942
- Building area:3,823 sq. ft.
- Lot area:0.17 Acres
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,400,000
- Price per sq. ft.:$627.78
Features and amenities
- Amenities:Balcony, Utility Room
Parking
- Total parking spaces:2
- Garage:Yes
- Garage spaces:2
New listings near 228 S Spring
- Coming Soon
$495,000Coming Soon3 beds 2 baths1,148 sq. ft.33761 Brand, Lake Elsinore, CA 92530
MLS# SW26236531Listed by: COLDWELL BANKER ASSOC.BRKR-MUR - Coming SoonOpen Sat, 12 to 4pm
$639,900Coming Soon5 beds 3 baths2,756 sq. ft.24511 Preston Court, Lake Elsinore, CA 92532
MLS# IG26174057Listed by: EXP REALTY OF CALIFORNIA INC. - Coming Soon
$675,000Coming Soon4 beds 3 baths2,750 sq. ft.41113 Portia, Lake Elsinore, CA 92532
MLS# ND26230855Listed by: CLIFFORD R STEVENS, BROKER - Coming Soon
$775,000Coming Soon5 beds 3 baths2,589 sq. ft.16 Villa Valtelena, Lake Elsinore, CA 92532
MLS# OC26234503Listed by: FIRST TEAM REAL ESTATE - Coming Soon
$400,000Coming Soon3 beds 2 baths2,364 sq. ft.17421 Crawford, Lake Elsinore, CA 92530
MLS# ND26229512Listed by: CLIFFORD R STEVENS, BROKER - New
$94,900Active0 Acres37818129 Gunnerson, Lake Elsinore, CA 92530
MLS# OC26238677Listed by: REALTY ONE GROUP WEST - New
$94,900Active0 Acres37818130 Gunnerson, Lake Elsinore, CA 92530
MLS# OC26238695Listed by: REALTY ONE GROUP WEST - New
$949,000Active5 beds 5 baths3,992 sq. ft.36657 Hermosa, Lake Elsinore, CA 92532
MLS# OC26238268Listed by: REALTY ONE GROUP WEST - New
$80,000Active0.1 Acres37816333 Bromley Avenue, Lake Elsinore, CA 92530
MLS# OC26238522Listed by: REALTY ONE GROUP WEST - New
$80,000Active0.1 Acres37816330 Bromley Avenue, Lake Elsinore, CA 92530
MLS# OC26238548Listed by: REALTY ONE GROUP WEST