Back 16482 Grand Avenue
Off Market

16482 Grand Avenue

Lakeland Village CA 92530

3
4
3
1140 sq. ft.
43560 sq. ft.
Single-Family
Last sold for $785,000
Joseph McDermottJoseph McDermott, last sold this property on 10 October 2025 after 69 days on market.

Overview

$100,000 PRICE REDUCTION! OWN YOUR OWN PRIVATE BEACH!! Here is a once in a lifetime opportunity to own THE cutest home on the water in Lake Elsinore! This historic 1911 cottage was meticulously rebuilt in the early 1980's under previous ownership in a manner preserving its "cottagecore" charm. Positioned on a spacious one acre lot running from Grand Ave all the way to the the lake, this super-private getaway has its own private beach and features the original 1 bedroom, 2 bath cottage as well as a detached garage with recently renovated upstairs apartment. Additionally, the 3-car garage features an attached bedroom with private bathroom and its own private patio that opens to the beautiful lawn area between the two buildings. The grounds feature majestic shade trees and a lovely variety of flowering plants. Stepping out onto the cottage rear deck you'll have commanding lake, city-lights and mountain views as you enjoy the quiet ambiance next your quaint koi pond. There is ample room on this parcel for storing boats, RV's or for possibly building an additional home as the structure is located several hundred feet from water's edge. This home is ideal for those looking for a unique home on the shores of Southern California's only naturally occurring year-round lake...a true piece of California history. Another possible use would be as a short term rental property while a caretaker could reside in the apartment above the garage. The beach features spectacular views up and down the west shore and of the surrounding mountains. You also have a very nice view of the city lights on the opposite side of the lake. Hurry, this home will not last!

Features

3 bedrooms
4 bathrooms
3 carspaces
3 garage spaces
1140 sq. ft. floor area
43560 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Lakeland Village over the last 12 months, the estimated median property value of 16482 Grand Avenue is $550k.

Median value
$550k
Estimated value range
$3.74k - $1.06m
Median days on market
25
Estimated value trend
-2%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lakeland Village. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16482 Grand Avenue

2025
Sold
$785,000
10 Oct 2025 by Joseph McDermott, of Mcdermott Realty Group
2021
Sold
$782,000
07 Jul 2021 by Joseph McDermott, of Mcdermott Realty Group

Happy sellers in Lakeland Village

93%
93% of sellers in Lakeland Village reported that their sale price either exceeded or met their price expectations.

Lakeland Village stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Lakeland Village over the last 12 months.

Local market activity for 3 bedroom single-family properties in Lakeland Village

In the last 12 months, 228 three-bedroom single-family properties similar to 16482 Grand Avenue, have been sold.

This represents a 23% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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