Beautiful Waterfront Residential Land--Own your very own piece of paradise. Panoramic views of the lake, hills, and city lights. Just over half an acre (.52), 50 ft wide lake frontage by 450'. Lakefront property located in the "Lakeshore District". Owners operated a successful jet ski rental business from 2003-2007, which was licensed, permitted, and approved by the City of Lake Elsinore. Zoned commercial/residential but it has additional permitted uses such as: custom single family residence, hiking and bicycle trails/ tracks, jet ski and boat rentals, private boat docks, and possibly a restaurant. A conditional use permit could be granted by the planning commission for additional uses such as: campground, picnic grounds, RV park, hotel, bed and breakfast, rental cottage, and many other uses. The property is conveniently located close to Downtown Lake Elsinore, shopping, restaurants, and Highway 74. Water and electric nearby. Easy access to the I-15 freeway and Ortega Hwy. This property has No HOA and very low taxes. Don't miss this exceptional opportunity to own a beautiful piece of lakeshore property.