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Residential Land for Sale in Lake Elsinore, California

32609 Stoneman, Lake Elsinore, CA 92530

$1,390,000
8.6 acres
Active sale
ago
Est $10,586/mo

Rare opportunity to acquire approximately 8.6 acres of vacant land in the growing Lake Elsinore area! Ideally situated near the intersection of Stoneman Street and Palomar Street, this expansive property offers approximately 700 feet of street frontage and excellent potential for future residential development. Surrounded by established neighborhoods and conveniently located near schools, shopping, dining, and major transportation routes, the property combines a desirable residential setting with long-term investment appeal. Previously marketed with a medium-density residential designation, the parcel offers developers and investors the opportunity to explore a variety of residential development concepts, including a potential new-home community. With continued residential growth and demand throughout Southwest Riverside County, this is an attractive opportunity for builders, developers, and land investors seeking a substantial landholding in an expanding market. Buyer to independently verify lot size, zoning, density, utilities, access, permitted uses, development feasibility, and all necessary approvals with the appropriate government agencies.

Location

Street address
32609 Stoneman
Zip code
92530
Elevation
1,283 feet
Coordinates
33.6297, -117.3169

Property details

Acreage
8.6 acres
Zoning
R
MLS #
MRMLS WS26223680
Posted

Parcels

  • 371110009

Details and features

Listing

Type
Land

Lot

View
Lake
Features
Lot Over 40000 SQFT

Structure

Water
Public

Listing history

DateEventPriceChangeSource
Oct 19, 2026New listing$1,390,000—MRMLS
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This 8.6-acre property is located at 32609 Stoneman in Lake Elsinore, CA 92530. The land is available for sale, priced at $1,390,000 — $161,628 per acre.

Listed by Pacific Sterling Realty, (949) 222-9911

Checked 1 hour agoUpdated

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