215 W Graham Avenue
Lake Elsinore, CA 92530

$2,460,000

Description

The House of Siloam is a diamond in the rough! Charming Hotel, Motel, Church Retreat, Natural Mineral Spring Spa and Pool. There are currently 19 units and owner secures a permit to extend on the building for huge potential profits. The Natural Hot Spring attracts many clients who wish to absorb some of the health benefits of the Mineral Sulfur Spring Water. Mineral Sulfur Spring Water is also piped into each unit to enjoy in the deep soaking bath, with enough room for two. Upstairs has a large viewing deck. Walking path to Lake Elsinore, located next door to a National Historical Property known as The Chimes, and downtown trendy Restaurants and shopping. Newer roof. Charming Church and Banquet Room. Basketball, Ping-Pong, BBQ's, and Swimming. Lake Elsinore has been known for warm climate, blue sky, clean air, world-famous thermal winds for aerial sports and, our crowning jewel, a sparkling 3,300 acre recreational lake for exciting water sports. All of this is set against the spectacular Ortega Mountains and Cleveland National Forest, providing opportunities for hiking, biking, bird-watching or just plain relaxing in the beauty that abounds in this outdoor recreation destination

Details

MLS#OC17240182
StyleHospitality
Sub-TypeResale
StatusActive
Year1965
Days On Site46

Features

SQ Feet9,000
Story(s)0
ZoningC1

Market Activity 92530

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Area Information

StateCA
CountyRiverside
CityLake Elsinore
Zip Code92530
Area234 - Lake Elsinore East
Listing VS Median (in 92530)
Price:
$2,460,000
low | high
Med:
$289,000
100% of Average
SqFt:
9,000
low | high
Med:
731
100% of Average
$ / SqFt:
$273
low | high
Med:
$99
100% of Average
On Site:
46
low | high
Med:
30
100% of Average
Listing Updated: 02/19/2019
MLS Number: OC17240182
Listing Provided By:
Jill Medley  of  Jill Suzann Medley Broker
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