Listing provided courtesy of Leticia Vega of Century 21 Masters. Last updated . Listing information © 2025 Sandicor.
Asking Price: $2,400,000 | Active
228 Spring, Lake Elsinore CA 92530
Community:
This Residential property was built in 1942 and is priced at $2,400,000. Please see the additional details below.
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 approximately 3,354 sq. ft. of living space with 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. 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 of approximately 1,300 sq. ft. 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. Adjacent vacant land of approximately 11,761 sq. ft. is also available for purchase 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, of

















































