Listed by Justin Schaller, 800-994-3704 from Lion Heart Realty
(If provided) CoList: from
Rare opportunity in Lake Elsinore offering beautiful lake views, a fully remodeled residence, and exceptional future potential. 314 Acacia Street is a charming 2-bedroom, 1-bath ranch-style cottage thoughtfully renovated while retaining its original hardwood floors and character. Improvements include a beautifully updated kitchen and bathroom, newer roof and plumbing, plus a spacious finished basement providing additional storage and utility. Enjoy unobstructed views of Lake Elsinore from the living room and both bedrooms, along with a private patio off the living room-the perfect setting to relax and take in the lake and surrounding hills. The home is currently tenant occupied, providing immediate rental income and flexibility for a future owner-user or investor. The property encompasses seven combined APNs (373-135-012 through 373-135-018) and offers abundant outdoor space for RV parking, recreational vehicles and outdoor living, all surrounded by ranch-style fencing. A professional topographic survey was completed in 2025. Significant preliminary development work has already been completed. The property has undergone preliminary planning review, and architectural plans have been prepared for a proposed additional residence and ADU. The architectural plans, survey and
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