#CV25070889, Daniel Villarroel, Listing office: GREENVIEW REALTY
#IG25164027·
Listing office: Grand Homes Real Estate·
Listing agent: Carol Goode·
Listing office phone: 951-850-3645
$499,000 List price
305 Line St Lake Elsinore, CA 92530
0.4 acres
House
Property details
About 305 Line St
Prime R3 Zoned Development Opportunity in Lake Elsinore Attention Investors and Developers! Seize this exceptional opportunity to acquire a substantial, Approx 18,000 sq ft R3-zoned lot in the thriving City of Lake Elsinore. This property offers immense potential for multi-unit development, with specific building guidelines available through the City of Lake Elsinore Planning Department. Currently, the property features a main residence generating rental income. Additionally, there are two existing outbuildings, presently utilized for storage, which hold future potential for permitted units or auxiliary structures. For those envisioning significant development, this expansive parcel provides ample space to demolish the existing structures and construct multiple new units, complete with dedicated garage parking. This offering represents a rare chance to capitalize on a property with tremendous redevelopment potential in a desirable location.
Highlights
Home typeSingle Family Residence
StatusActive
Lot size0.41 Acres
Year built1962
MLS #IG25164027
Garage1 space
FireplaceLiving Room
Summary
- Fireplace: Living Room
- Garage Space: 1 space
- Private Pool: No
- List Price: $499,000
- HOA Amount: $0
- Annual Tax Amount: $3,549
- Tax Year: 2024
- Directions: One block north of downtown Lake Elsinore
- Year Built: 1962
- Stories: 1
- Lot Size: 0.41 Acres
- MLS Number: IG25164027
- MLS Name: CRMLS
- Office Name: Grand Homes Real Estate
- Office Phone: (951) 850-3645
- Listing Agent: Carol Goode
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: 7/24/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Sep 17, 2018 | Home Sold | $265,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $334,279 | $3,549 |
| 2023 | $327,726 | $3,505 |
| 2022 | $321,300 | $3,437 |
| 2021 | $273,099 | $2,938 |
| 2020 | $270,300 | $2,909 |
| 2018 | $48,101 | $535 |
| 2017 | $47,159 | $508 |
History based on county public records data.
Nearby schools
3
Elsinore Elementary School
Public District KG-5
0.5 mi
•512 W Sumner Ave
5
Railroad Canyon Elementary School
Public District KG-5
1.2 mi
•1300 Mill St
5
Earl Warren Elementary School
Public District KG-5
2.3 mi
•41221 Rosetta Canyon Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $40,642. Typical income of Lake Elsinore, CA residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
43%
<35k
52%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
33%
Single, No Kids
25%
Single, with Kids
14%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
11%
12-17 yrs old
29%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Basketball
Pro Wrestling
Where do the neighbors shop?
Burlington
Ross Dress For Less
Family Dollar
Where do the neighbors go to eat?
Popeyes
Jasons Deli
Cicis Pizza
What do the neighbors drive?
Dodge
Acura
Pontiac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 305 Line St
The listing price of 305 Line St property is $499,000.
The property 305 Line St is a house located in Lake Elsinore, California, 92530.
Active Listing: 305 Line St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 305 Line St are: Elsinore Elementary School (GreatSchools Rating 3/10), Railroad Canyon Elementary School (GreatSchools Rating 5/10), Earl Warren Elementary School (GreatSchools Rating 5/10), Elsinore Middle School (GreatSchools Rating 3/10), Lakeland Village School (GreatSchools Rating 3/10), Julia Lee Performing Arts Academy (GreatSchools Rating 4/10), Ortega High School (GreatSchools Rating 4/10), Keith Mccarthy Academy (GreatSchools Rating 3/10), Temescal Valley High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $3,549 (source: MLS/based on county public records data).
The last sale was on September 17, 2018 for $265,000 (source: MLS/tax record).
The property at 305 Line St has 0 bathroom.
The year of construction for 305 Line St is 1962.
This home is located at 305 Line St in Lake Elsinore, CA and zip code 92530 in the Lake Elsinore Historic District neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $499,000.
In June 2025 more than 25 listings in Lake Elsinore, CA were sold above the asking price. During the same period more than 20 listings were sold at asking price, while more than 25 were sold below. Between May and June 2025, Lake Elsinore, CA real estate market has seen decrease in the number of listings by 0.5%. In June 2025 median list price was $600,000 and the average listing age was 48 days.
From Rocket Homes Real Estate and based on county public records data.