Listed by Melanie Green•DRE #02161784• Coldwell Banker Realty
Contact: 310-691-3169
For sale
$250,000
Est. $1,761/mo —
Land
•
2.93
acres (lot)
0 Arroyo Rd, Lake Elsinore, CA 92530
About this home
Welcome to the stunning gated, horse, community of Rancho Capistrano, perched high in the hills between San Juan Capistrano and Temecula, above Lake Elsinore. This expansive 2.93-acre property is the perfect canvas for your dream home, featuring a cleared, flat, buildable lot, water access, and a seasonal babbling brook. The property begins at a shoveled driveway located in a quiet cul-de-sac. All trees have been removed, and a long circular driveway—ready to be paved—leads you directly to the level building site. Rancho Capistrano offers resort-style amenities, including a tranquil pond, clubhouse, playground, and tennis and basketball courts. A truly breathtaking hidden gem.
Lake View, located between Lake Elsinore’s shoreline and the Ortega Highway corridor, is a lakeside and hillside Lakeland Village neighborhood with wide water views and a laid-back, outdoors-first rhythm. The neighborhood’s character concentrates around Grand Avenue near Lakeshore Drive, where marinas, bait-and-tackle counters, and casual lakefront patios set the tone. Single-story ranch homes and mid-century cottages mix with newer builds on winding grades above the water. Mornings track the lake’s edge, while afternoons shift to trailheads and lookout pullouts in the surrounding hills. Lake Elsinore Marina & RV Resort and Launch Pointe Recreation & RV Park act as local anchors for boat days and weekend gatherings. The setting reads as open-sky Southern California, with the lake as the constant backdrop.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Property has a view
Creek, lake and stream on the lot
Exterior features
Possible uses include agricultural, horse property, investment, multi-family, and recreational
Close to clubhouse
Cul-de-sac location
2–5 units per acre density
Buyer to verify distance to water and other details
Home design
Single-family zoning (R-1A-2 1/2)
Construction
Lot size source: assessor's data
Utilities
Sewer available
Water connected (district/public)
HOA & community
Part of Rancho Capistrano homeowners association
HOA fee approximately $385.25 quarterly
Community amenities include hiking, lake access and mountainous surroundings