Unique Investment Opportunity Near Lake Elsinore! Just minutes from the water, this fully permitted property offers two stick-built homes on one lot with a combined three bedrooms, including one conversion, and approximately 2,000 square feet of living space on a generous 8,276 square foot lot. The main home features a spacious primary suite with a large bathroom, dual sinks, and an upgraded walk-in shower, along with laminate flooring throughout, upgraded butcher block countertops, and a dedicated laundry room. The second unit or ADU is ideal for extended family, rental income, or a private guest retreat, offering its own laundry area and move-in ready condition. Outside, the property provides ample space for parking vehicles, trailers, and RVs, complemented by mature grapevines that produce seasonally. Centrally located near parks, schools, the Ortega Highway, freeway access, Waterfront Park, and the new campground, this property offers convenience, versatility, and outstanding investment potential—perfect for both personal use and income opportunities.