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Millman Team Real Estate

$1,250,000
40.44 Acre Lot

0 Spruce Street, Lake Elsinore, California 92530

  • Land Property Type
Property Description

The Cape of Good Hope Specific Plan is a master-planned residential community in the Lake View District of northwest Lake Elsinore, originally approved in 1993 to guide the development of approximately 41 acres. The plan envisions a private, gated single-family neighborhood consisting of 67 residential lots, together with open space and recreational amenities designed to preserve the site’s hillside character and scenic views. The specific plan establishes the project’s land use framework, circulation, design standards, landscaping, and infrastructure requirements to ensure cohesive, high-quality residential development. Additionally, the flattest portion of the property front Spruce Street has a Tentative Tract Map for 6 additional lots. Please reach out to our team with any questions or interest in this opportunity.

Basic Details
Land
For Sale
IV26167268
$1,250,000
Lake, Mountain(s), Neighborhood
40.44 Acre
Active
Features
$0
Address Map
CA
Riverside
Lake Elsinore
92530
Spruce Street
W118° 36' 47.2''
N33° 41' 44.2''
Access via Spruce Street and Mountain Street
SRCAR - Southwest Riverside County
SP
Additional Information
$0
$0
$0
$0
$0
: Suburban
: Value In Land
2026-07-31
: Public
Broker/Agent Information
COLDWELL BANKER COMMERCIAL SC
MICHAEL PIZZAGONI
Listing Information
ERIC WASHLE
IVWASHERI
IVCBCSC
COLDWELL BANKER COMMERCIAL SC
IVPIZZMIC
IVCBCSC
Cash, 1031 Exchange, Owner May Carry
Active
2026-07-31T18:19:46Z
CRMLS
: Standard
2026-07-31T11:08:12Z
Agent info
Ray Millman
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