***Huge 4.27-Acre Property*** Situated near the scenic Lake Elsinore, this 4-parcel property spans over 4 acres and offers both functionality and potential for a variety of business or residential uses. The property features two units: a spacious 3-bedroom, 1-bathroom home and a separate 1-bedroom, 1-bathroom unit, each with its own laundry and separate meters. Currently undergoing remodeling with upgrades that include a new electrical panel, new kitchen, new windows, new bathroom, and new flooring. The sale also includes three vacant lots that are already utility-ready with gas, water, and electricity – ideal for adding additional units, building new structures, or tailoring the property to fit your business needs. With four APNs (373-270-005, 373-270-006, 373-270-007 and 373-270-009), this property is versatile enough to support uses such as a apartment unit, condominium, townhouse, bed & breakfast, restaurant, community center, daycare facility, fitness club, professional offices, financial institution, medical office, museum or hotel. Its prime location near the lake, with easy access to local amenities, makes it a perfect opportunity for an owner-user or small business operator seeking a unique property with room to grow. With utilities in place and multiple parcels included, the site provides a wide range of possibilities. This property offers extensive potential for residential, mixed-use, or commercial development, subject to City approval. Buyers should confirm current zoning and explore additional uses with the City to maximize investment opportunities.