10 months on rocket

32800 Ortega, Lake Elsinore, CA, 92530

$1,440,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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32800 Ortega, Lake Elsinore$1,440,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1955
HeatingOther
CoolingOther
WaterfrontCreek, Stream
FireplaceSee Remarks
ViewHills, Mountain(s), Pond, Creek/Stream, Trees/Woods
MLS #IV23115705
Lot Size1.60 Acres
StatusActive

About 32800 Ortega

Where Serenity meets Tranquility!!! Located in the small Mountain Village of El Cariso just 10 miles from Lake Elsinore and 20 miles from Dana Point and Pacific Coast Hwy... is a RARE opportunity to own this secluded gem amongst ancient oaks and tall pines which has been home to Nicolai Studio Gallery, where he paints and composes most of his poetry and where one can come to reflect. Entering this property is like walking onto a hidden remnant of old California. This 1.6 acres showcases the natural beauty of this land which has a creek/stream that runs through the property and two bridge crossings. There are 3 structures and a mobile home, which consists of a 1br 1ba original bungalow, studio apartment, and a two story unit with an art gallery on the bottom floor and living quarters on the 2nd floor with two balconies. Attached to the 2 story unit is an old stone workshop/storage room which is believed to be one of the oldest buildings on the Mountain. The owner lives is the 2 story unit. The original bungalow, studio apartment and mobile home are all rented. Great frontage on Ortega Hwy route 74 with two driveways. Could possibly be subdivided and has many possible uses. Would possibly be great for a retreat, airbnb (if allowed), destination restaurant in the oaks, or for an artist! This property has huge potential, all that's missing is you! 1br Bungalow is rented for $900mo, Studio is rented at $25 a day, The mobile home is rented for $400mo, seller lives in two story unit. Enter at 32764 Ortega Highway shown by appointment only. Do not disturb occupants

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 1

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (951) 965-3212
  • Listing Agent: KEVEN KELLEY

Interior Features

Interior Information:

  • Interior: Balcony, Workshop
  • Fireplace: See Remarks

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Creek, Stream
  • View: Hills, Mountain(s), Pond, Creek/Stream, Trees/Woods

Lot Features

Lot Information:

  • Lot: Sloped Down, Gentle Sloping, Secluded, Trees
  • Lot Size: 1.60 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Lakeside High School, Public District Grades 9-12
  • Lakeland Village, Public District Grades KG-8

Other

Directions Information:

  • Directions: Enter at 32764 Ortega Highway

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,440,000
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Housing Market Comparison

See how this home compares to others in Lake Elsinore, CA.

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Lake Elsinore, CA

City

Med. Sold Price

$575K

Med. Price/SqFt

$290

Avg. Days On Market

25

# of Sold Homes

77

32800 Ortega vs Lake Elsinore

314 DAYS ON ROCKET

+289 Days

$1,440,000

+$865K More

KEY TAKEAWAY

This property is $865K more than the Median Sold Price in Lake Elsinore, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #IV23115705

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (951) 965-3212
  • Listing Agent: KEVEN KELLEY

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 8:20:45 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Rate/APR

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-6852551
3
/10

  • Lakeland Village

  • 18730 Grand Ave

  • 5.55 miles

  • Public District Grades KG-8

High School

school-card-donut-6852552
4
/10

  • Lakeside High School

  • 32593 Riverside Dr

  • 2.82 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,548. The most common annual income of people living in Lake Elsinore, CA is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 32800 Ortega

What is the listing price of this property?

The listing price of 32800 Ortega property is $1,440,000.

What type of property is this?

The property 32800 Ortega is a house located in Lake Elsinore, California, 92530.

Is this property for sale now?

Active Listing: 32800 Ortega is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 32800 Ortega are:
Lakeland Village: GreatSchools Rating 3/10
Lakeside High School: GreatSchools Rating 4/10

Which year was this property built?

The year of construction for 32800 Ortega is 1955.

Rocket Homes›California›Riverside County›Lake Elsinore›92530›32800 Ortega

This home is located at 32800 Ortega in Lake Elsinore, CA and zip code 92530. This home, which was built in 1955, sits on a 1.60 acre lot. It has been listed on Rocket Homes since June 27, 2023 and is currently priced at $1,440,000.

In April 2024, from all listings sold in Lake Elsinore, CA there were more than 40 sold above asking price, over 16 sold below and more than 21 were sold right at the asked price. Between March 2024 and April 2024, Lake Elsinore, CA real estate market has seen decrease in the number of listings by 0.7%. In April 2024 median list price was $575,000 and the average listing age was 25 days.

From Rocket Homes Real Estate and based on county public records data.

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