Development opportunity in Lake Elsinore! Per the City of Lake Elsinore, R2 zoning allows for a single-family residence or multifamily options such as a duplex or triplex. Whether you're looking to build and hold, develop rental income property, or create a custom residence, this parcel provides strong potential in a growing area. Conveniently located near everyday essentials including Albertsons and Stater Bros. Markets, and Machado Elementary School. The property is approximately 1.7 miles from the Lake Elsinore Marina, offering easy access to boating and outdoor recreation. Whether you're looking to build your dream house, develop income-producing units, or invest in land within a growing community, this parcel presents strong potential.