About This Home

This 2-bedroom, 1-bathroom single family at 314 Acacia in Lake Elsinore, CA is listed for $475,000 ($413 per sqft). Built in 1957, the home offers 1,150 sqft of living space on a 0.13 acres lot.

Key Features

  • Built in 1957
  • 0.13 acre lot
  • 2 stories
  • 6 parking spaces

Property Details

2 stories
1 full
1-car garage
1957

Amenities

ViewA/CRV Parking
Listing Description

This is your chance to get in on the growing demand in Downtown Lake Elsinore! 314 Acacia is a truly unique property offering character, flexibility, and exciting future potential. Completely renovated approximately three years ago, the home features a newer roof and plumbing, in-unit laundry, beautifully resurfaced original hardwood floors, an upd

ated kitchen and bathroom, and an extra-large finished basement/bonus space-ideal for a game room, home office, hobby space, or additional storage. The property offers generous outdoor space with multiple tiered areas for gardening, patio and entertaining areas, and beautiful lake views.

The size and layout of the property may also provide opportunities to expand the existing home or explore an ADU for additional living space, multigenerational living, or potential rental use. Buyer to independently verify all development, expansion, and ADU possibilities with the City.

Downtown Lake Elsinore continues to experience investment and planned development, with infrastructure improvements in the surrounding area, including sidewalks, curbs, and ongoing septic-to-sewer conversion. Enjoy a front-row seat to local fireworks and events, with views from the home, bedroom windows, or outdoor patio/deck.

Conveniently located near the lake, parks, Downtown Lake Elsinore, and Diamond Stadium. A unique opportunity with substantial improvements already completed and plenty of possibilities still ahead. Don't miss 314 Acacia!

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

314 Acacia

Lake Elsinore, CA 92530

Property Details

Flooring

Wood

Views

Lake

Parking

DrivewayRV

Heating

Central

Cooling

Central Air

Questions & Answers

This 2-bedroom, 1-bathroom single family at 314 Acacia is listed at $475,000 ($413/sqft). The estimated monthly payment is $2,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.13 acre lot, 2 stories, 6 parking spaces.

This property is listed by Justin Schaller.

JS

Justin Schaller

License 01457879

Agent at Lion Heart Realty, Inc.

Listed by Lion Heart Realty, Inc. · Broker phone: (800) 994-3704 · Broker website

MLS# OC26214443· Source: California Regional Multiple Listing Service, Inc· 26 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

314 Acacia, Lake Elsinore, CA 92530

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