237 E Prospect Street Lake Elsinore, CA 92530
Listing Courtesy of: CRMLS / Coldwell Banker Envision / Raul Lozano - Contact:  909-319-2293

  237 E Prospect Street Lake Elsinore, CA 92530

Active (64 Days)
$875,000 (USD)

Description

Calling all investors! Maximize your portfolio with this rare, turnkey duplex opportunity! Perfectly designed for high-yield rental income or sophisticated multi-generational living, this brand-new build offers a total of 2,369 sq. ft. of modern luxury. Primary Residence: Spacious 4-Bed, 2-Bath floor plan (1,519 sq. ft.) featuring an airy, open-concept layout and designer finishes. Private ADU/Unit: Fully independent 2-Bed, 1-Bath (850 sq. ft.)—ideal for short-term rentals or steady long-term tenants. Bonus Value: The oversized 2-car garage is extra-wide and prepped for potential conversion into a Junior ADU (buyer to verify with City), offering a third potential income stream! Key Features: Connected to sewer (no septic worries!), ample off-street parking, and lightning-fast access to the 15 Freeway. Just minutes from the lake for premier fishing and recreation. Note: High days on market is due to early promotion during the construction phase. The home is now complete and move-in ready! Seller is motivated—bring your offers!

MLS #:
TR25266132
Lot Size
7,405 SQFT
Type
Multifamily
Year Built
2026
Views
City Lights, Hills, Neighborhood, Lake, Mountain(s)
County
Riverside County

Listed By

Raul Lozano, DRE #01381705 CA, Coldwell Banker Envision, Contact: 909-319-2293
Source
CRMLS
Last checked Jan 28 2026 at 9:12 AM PST
Bathroom Details
Interior Features
  • Utility Room
  • All Bedrooms Down
  • Beamed Ceilings
  • Laundry: Washer Hookup
  • Laundry: Gas Dryer Hookup
  • Laundry: Electric Dryer Hookup
  • Ceiling Fan(s)
  • Cathedral Ceiling(s)
  • High Ceilings
  • Crown Molding
  • Microwave
  • Laundry: Laundry Room
  • Range Hood
  • Water Heater
  • Walk-In Closet(s)
  • Electric Range
  • Electric Water Heater
  • Laundry: Laundry Closet
  • Solid Surface Counters
  • Main Level Primary
Lot Information
  • Corner Lot
  • Sprinklers In Front
  • Sprinklers Timer
  • Sprinklers on Side
Heating and Cooling
  • Forced Air
  • Electric
  • Central
  • Central Air
Flooring
  • Laminate
Exterior Features
  • Roof: Shingle
Utility Information
  • Utilities: Water Connected, Sewer Connected, Water Source: Public
  • Sewer: Public Sewer
  • Energy: Appliances, Windows
Parking
  • Garage
  • Concrete
  • Garage Faces Side
  • Direct Access
Stories
  • 1

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jan 12, 2026
Price Changed
$875,000
-3%
-$25,000
Nov 25, 2025
Listed
$900,000
-
-
Additional Information: Envision | 909-319-2293
Location
   
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Disclaimer: Based on information from California Regional Multiple Listing Service, Inc. as of 2/22/23 10:28 and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable.