16685 Mcpherson Avenue, Lake Elsinore, CA 92530

Ultra charming Spanishstyle ranch home on top of the hill with gorgeous lake and mountain views This historic gem is rich in history and holds modern elegance at nearly a century old but it also features many amazing upgrades and tasteful finishes to keep it true to its era This lovely home sits on 2 parcels coming in close to a 13 of an acre on a sprawling corner lot Upon entering you will immediately notice the vaulted ceilings beautiful beams wrought iron chandeliers custom lighting and showcasing a floor to ceiling custom fireplace mantel adding even more to the homes exquisite craftsmanship This beautifully updated kitchen dazzles with stunning cabinets tile backsplash copper ceilings a beautiful builtin hutch and custom inlaid wooden floors Both bathrooms have been tastefully updated and theres also a den with limitless opportunity to make it into a space of your own such as an office home gym media room or even a nursery This home home also showcases new windows new doors updated hardware crown molding upgraded electrical plumbing whole house water filtration system a jacuzzi and a completely paid off solar system to help cut into those electric bills Outside is a oneofakind backyard designed by a Disney Imagineer that brought in loads of creativity showcasing a Polynesianthemed garden a Wonderlandstyled maze a waterwheel lush landscaping mature trees and so much more Underneath the home are two additional rooms one perfect for a wine cellar or cigar bar and the other a full workshop with excellent storage This truly is a once in a century opportunity and homes like this surely dont come around all that often

Are you looking for an investment property? Wondering what a property like this might rent for in this market? Here is an estimate of what this property will rent for per month.

It is important to conduct thorough market research, property inspection, and evaluation of potential expenses and risks before investing in any property. Real estate investments carry inherent risks, and it is essential to consult with professionals such as real estate agents, property managers, and financial advisors to make informed decisions. This estimate is a starting point in determining the monthly rental price for a specific property. Rental restrictions may apply for this home. It is the buyer's obligation to verify rental availability and details.

The rental real estate market outlook for the 92530 area is predicted to remain strong in the upcoming years. With a population that is steadily growing, the demand for rental properties is expected to continue to rise. The area's proximity to major cities and attractions, such as Temecula and the Temecula Valley Wine Country, has made it an attractive location for renters. Additionally, the 92530 zip code encompasses various communities and neighborhoods, offering a diverse range of rental options to cater to different preferences and budgets. As a result, investors and landlords can expect a steady stream of potential renters seeking affordable and desirable rental properties. However, to maximize their returns, property owners should stay vigilant on market trends and make necessary adjustments to pricing and amenities to remain competitive in this thriving rental real estate market.

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