ActiveResidential · sale

16765 Charro Road

Lake Elsinore, CA 92530

$1,399,888

  • 5 beds
  • 5 baths
  • 3,900 sq ft
  • 2.36 acres
  • Built 1994

Listed by First Team Real Estate · MLS #OC26021218

16765 Charro Road, Lake Elsinore, CA 92530 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1994.

Garage parking

2 garage spaces listed.

Property size

2.36 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Located just beyond the Orange County border is a rare country retreat where expansive acreage privacy flexibility come together to offer a lifestyle that is so often elusive in Southern California Set on an impressive 23acre streettostreet lot this distinctive property delivers space serenity a opportunity all within reach of South Orange County the coastline just a short drive away Positioned at the end of a quiet culdesac within a private gated community of only 95 homes the residence enjoys an elevated setting affording panoramic mountain hillside citylight views A charming circular gravel driveway welcomes you home immediately setting the tone for the relaxed country character that defines this home The approximately 4000squarefoot residence offers a thoughtfully designed retreatstyle floor plan anchored by a spacious great room ideal for gatherings everyday living One of the homes most striking features is the expansive enclosed patio with a mature oak tree growing through it jawdropping views creating a truly oneofakind indooroutdoor space that cannot be replicated The layout is further enhanced by two separate bedroom wings including a private primary suite with beautiful views balcony a separate wing for guest or secondary bedrooms offering exceptional privacy flexibility A full bathroom guest room is also featured on the main level for added convenience Adding significant versatility the property includes a 1 bed1 bath granny flat with full kitchen separate entrance ideal for extended family guests multigenerational living or additional functional space With over 23 acres your new country home provides ample room for equestrian use barns trails organic gardens a pool outdoor entertaining areas or play spaces allowing the next owner to tailor the property to their lifestyle vision Along with convenient access to South Orange County the coastline the property also enjoys ideal proximity to Temeculas wine country an easy drive to Palm Springs the Coachella Valley offering a lifestyle that seamlessly connects coastal wine country desert experiences This is not a modern coastal home but rather a warm characterdriven country residence designed for those who value land privacy a true sense of retreat An extraordinary opportunity to own space flexibility lifestyle all at an extraordinary price Your best life starts here
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THE NEIGHBORHOOD

Explore the location.

16765 Charro Road, Lake Elsinore, CA 92530

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1994
Full baths
5
Garage spaces
2
Cooling
CentralAir,Electric
Heating
Central,Propane
Appliances
Dishwasher,ElectricOven,FreeStandingRange,Freezer,Disposal,GasWaterHeater,HotWaterCirculator,Microwave,PropaneRange,Refrigerator,WaterToRefrigerator,WaterHeater
Flooring
Carpet,Tile,Wood
Utilities
SewerConnected,WaterConnected
Fencing
ExcellentCondition,Wood
Pool
No
Pool features
None
Spa
No
Zoning
R-1A-2 1/2
Parcel
385200014
HOA
Rancho Cap. Prop. Owners Assoc.
HOA amenities
Clubhouse,ControlledAccess,SportCourt,HorseTrails,PicnicArea,Playground,Pickleball,TennisCourts,Trails
HOA fee frequency
Quarterly
High school
Lakeside
HOA fee
$390.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$5,832.87
Cap rate—

Annual operating income: —

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Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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16765 Charro Road, Lake Elsinore, CA 92530 · MLS #OC26021218

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Listing information

MLS #OC26021218 · California Regional MLS

Listing brokerage: First Team Real Estate
Listing agent: Michelle Wilson

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.