Welcome to 505 Lookout St, a charming 1926 home tucked away on a quiet cul-de-sac in Lake Elsinore. Situated on two lots totaling approximately one-third of an acre, this unique property offers an incredible amount of usable outdoor space and endless possibilities. The fully fenced grounds have been cleared and provide plenty of room for RV and toy parking, outdoor entertaining, gardening, future improvements, or simply enjoying the extra space. Inside, the home features 3 bedrooms and 1 bathroom with the character and charm you would expect from a home of this era. Wood flooring runs throughout much of the home, while a cozy fireplace anchors the living room and creates an inviting gathering space. A detached 2-car garage provides additional parking, storage, or potential workspace. With two lots, approximately one-third of an acre of cleared and usable land, a detached garage, and a cul-de-sac location, this property offers a combination of character, space, and flexibility that is increasingly hard to find. Whether you’re looking to preserve its vintage charm or create something entirely your own, 505 Lookout St is full of potential.