1
Map
$464,900
●
House -
Off Market
14705 Cobblestone Lane
Lake Elsinore, CA 92530
4 Beds
2 Baths
2,324 Ft²
$749,300
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
Plenty of room for horses, trailers, or pool - the opportunities
are endless! Amazing storage capability! This spectacular single
level home is located in the prestigious "Brookstone Ranch"
development. The homesite is zoned for horses and is nearly an acre
of flat, useable property. A tranquil location sets this property
apart. The home features an open floor plan with vaulted ceilings,
formal living and dining rooms, spacious family room with large
brick fireplace, and an open, adjoining kitchen with breakfast bar
and stainless steel kitchen appliances. Large master bedroom and
luxurious master bathroom with walk-in closet, dual sinks, and spa
tub. The secondary bedrooms also are spacious, light and bright.
Enjoy a separate laundry & storage room and a 3-car garage with the
3rd garage bay workshop. For the RV enthusiast this home features a
separate, 3-bay garage approximately 2000 sq.ft. which can
accommodate up to 3 RV's! Also has 2 separated street entrances.
Original owners have taken loving care of this home. Make this one
yours.
Unit Size
2,324 Ft²
Days on Market
59 days
Land Size
0.97 acres
Price per sqft
$204
Property Type
House
Property Taxes
-
HOA Dues
$20
Year Built
1988
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (CRMLS #IG17263427)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2025 | Sold | ||
| Sold | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Listed by Trillion Real Estate | $1,300,000 | |
| Listed by Trillion Real Estate | |||
| | |||
|
Discover this turn-key, completely upgraded POOL home with over $500K in upgrades located in the exclusive, peaceful neighborhood of Brookstone Ranch! Inside, find a stunning remodeled kitchen with new high-end appliances, including a $25K custom fridge, granite counters/backsplash, and custom built-ins. Enjoy updated stone flooring, new paint throughout, and designer lighting/fixtures.
This 1-acre property offers unparalleled outdoor living: a new resort-style pool, and a remarkable 2500 sq ft detached shop with 3 RV bays, power, and water. An extra-large patio cover is perfect for entertaining. Benefit from 46 paid-off solar panels (with annual credit), a new water heater, whole house fan, and smart thermostat. The beautifully landscaped yard boasts plants from around the world along with landscape lighting and a fully automated irrigation system. Enjoy spectacular mountain views from this fully graded, usable lot. Septic, city water, fully fenced, low taxes & low HOA. This is more than a home; it's a lifestyle! Schedule a showing and make it yours!
| |||
| Jan 22, 2018 | Sold | ||
| Sold | |||
| Nov 24, 2017 | Listed by First Team Real Estate | $474,900 | |
| Listed by First Team Real Estate | |||
Property Highlights
Garage
Air Conditioning
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Lake View
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Listed by: Steven Osborne, First Team Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17263427
Last Updated: 4 months ago
Data Source: CRMLS, MLS# IG17263427
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