68-Acre Development Opportunity – Lake Elsinore, Riverside County, CA
Presenting a prime 68-acre development opportunity ideally situated along Ortega Highway (HWY 74), just south of Grand Avenue and Morro Way, adjacent to the scenic Lake Elsinore. This property boasts an approved and recorded final tract map for 133 single-family residential (SFR) lots, offering immediate potential for residential development.
In addition to the approved SFR plan, the site holds potential for a range of alternative uses, including high-density condominiums, apartments, senior housing, schools, churches, educational institutes, industrial, or mixed-use developments (buyers to verify with Riverside County Planning Department for specific use allowances).
Strategically positioned, this location offers convenient access to I-15 and I-215, and serves as a central point between Orange County, San Diego County, and the Inland Empire. Ortega Highway 74 is renowned as one of Southern California’s most scenic routes, enhancing the appeal for future residents or users.
Highlights:
±68 acres of developable land.
Final tract map approved for 133 SFR lots.
Potential for alternative high-density or mixed-use or industrial or Commercial development (verify with county).
Excellent visibility and access via HWY 74.
Minutes from Lake Elsinore and major freeways (I-15 & I-215).
Centrally located between major Southern California markets.
It is an exceptional opportunity for developers, builders, and investors seeking a well-positioned site with flexible development potential.