Maximize your portfolio with this rare, turnkey duplex opportunity! Perfectly designed for high-yield rental income or sophisticated multi-generational living, this brand-new build offers a total of 2,369 sq. ft. of modern luxury.
Primary Residence: Spacious 4-Bed, 2-Bath floor plan (1,519 sq. ft.) featuring an airy, open-concept layout and designer finishes.
Private ADU/Unit: Fully independent 2-Bed, 1-Bath (850 sq. ft.)—ideal for short-term rentals or steady long-term tenants.
Bonus Value: The oversized 2-car garage is extra-wide and prepped for potential conversion into a Junior ADU (buyer to verify with City), offering a third potential income stream!
Key Features: Connected to sewer (no septic worries!), ample off-street parking, and lightning-fast access to the 15 Freeway. Just minutes from the lake for premier fishing and recreation.
Note: High days on market is due to early promotion during the construction phase. The home is now complete and move-in ready! Seller is motivated—bring your offers! Buyer and buyer's agent to verify the info with the City.
Sold for $762,350
Listed by: Coldwell Banker Envision • Raul Lozano • Contact: 909-319-2293
Bought with: eXp Realty of Southern California, Inc.
$762,350
237 E Prospect St, Lake Elsinore, CA 92530
6beds
2,369sqft
Duplex
Built in 2026
7,405 Square Feet Lot
$762,300 Zestimate®
$322/sqft
$4,724 Estimated rent
Home value
$762,300
$694,000 - $831,000
$4,724/mo
Zestimate® history
Owner options
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$4,724/mo
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$4,724/mo
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$4,915/mo
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$4,915/mo
Est. payment
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List your homeWhat's special
Designer finishesAiry open-concept layoutAmple off-street parking
Zillow last checked:
Listing updated:
Listed by:
Raul Lozano DRE #01381705 909-319-2293,
Coldwell Banker Envision
Bought with:
Christian Rios, DRE #02003529
eXp Realty of Southern California, Inc.
Source: CRMLS,MLS#: TR25254372
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 3
- Main level bedrooms: 6
Rooms
- Room types: Bedroom, Living Room, Primary Bedroom, Other, Dining Room
Primary bedroom
- Features: Main Level Primary
Bedroom
- Features: All Bedrooms Down
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Bathroom Exhaust Fan, Bathtub, Quartz Counters, Separate Shower, Tub Shower, Upgraded
Kitchen
- Features: Quartz Counters
Other
- Features: Walk-In Closet(s)
Heating
- Electric, ENERGY STAR Qualified Equipment, Forced Air, High Efficiency
Cooling
- Central Air, Attic Fan
Appliances
- Included: ENERGY STAR Qualified Water Heater, Electric Oven, Electric Range, Water To Refrigerator, Water Heater
- Laundry: Washer Hookup, Electric Dryer Hookup, Laundry Closet, Laundry Room
Features
- Cathedral Ceiling(s), Separate/Formal Dining Room, Eat-in Kitchen, Quartz Counters, Recessed Lighting, All Bedrooms Down, Bedroom on Main Level, Main Level Primary, Walk-In Closet(s)
- Flooring: Laminate, Vinyl
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 2,369 sqft
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Direct Access, Driveway, Electric Gate, Garage, Gated, RV Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: See Remarks
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Excellent Condition
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 7,405 Square Feet
- Features: Corner Lot
Details
- Parcel number: 373151003
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Duplex
- Attached to another structure: Yes
Materials
- Drywall
- Foundation: Slab
- Roof: Shingle
Condition
- Turnkey
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Electric: 220 Volts in Garage, 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Sewer Connected, Underground Utilities, Water Available, Water Connected
Green energy
- Energy efficient items: Water Heater
Community & HOA
Community
- Features: Lake, Street Lights, Sidewalks
- Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, Smoke Detector(s)
Location
- Region: Lake Elsinore
Financial & listing details
- Price per square foot: $322/sqft
- Tax assessed value: $61,200
- Annual tax amount: $691
- Date on market: 11/5/2025
- Cumulative days on market: 253 days
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,FHA,Fannie Mae
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Sold | $762,350-4.6%$322/sqft |
Source:  CRMLS #TR25254372 Report a problem | ||
| 4/2/2026 | Pending sale | $799,000$337/sqft |
Source: CRMLS #TR25254372 Report a problem | ||
| 3/10/2026 | Contingent | $799,000$337/sqft |
Source: CRMLS #TR25254372 Report a problem | ||
| 2/17/2026 | Price change | $799,000-8.7%$337/sqft |
Source: CRMLS #TR25254372 Report a problem | ||
| 1/12/2026 | Price change | $875,000-2.8%$369/sqft |
Source: CRMLS #TR25254372 Report a problem | ||
| 6/13/2025 | Listed for sale | $900,000+1400%$380/sqft |
Source: Berkshire Hathaway California Properties #TR25132428 Report a problem | ||
| 5/31/2024 | Sold | $60,000$25/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $691 +19.2% | $61,200 +17.6% |
| 2024 | $580 +97.5% | $52,020 +116.4% |
| 2023 | $293 +1.7% | $24,034 +2% |
| 2022 | $289 +1.7% | $23,563 +2% |
| 2021 | $284 +0.9% | $23,101 +1% |
| 2020 | $281 +1.7% | $22,865 +2% |
| 2019 | $277 +1.7% | $22,417 +2% |
| 2018 | $272 +1.7% | $21,978 +2% |
| 2017 | $268 | $21,548 +2% |
| 2016 | $268 +4.5% | $21,126 +1.5% |
| 2015 | $256 | $20,809 |
Find assessor info on the county website
Neighborhood: 92530
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Nearby schools
GreatSchools rating
- 3/10Railroad Canyon Elementary SchoolGrades: K-5Distance: 1 mi
- 3/10Elsinore Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Elsinore High SchoolGrades: 9-12Distance: 3.9 mi
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Estimated market value
$762,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$762,300
- California
- Riverside County
- Lake Elsinore
- 92530
- 237 E Prospect St
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