The Cape of Good Hope Specific Plan is a master-planned residential community in the Lake View District of northwest Lake Elsinore, originally approved in 1993 to guide the development of approximately 41 acres. The plan envisions a private, gated single-family neighborhood consisting of 67 residential lots, together with open space and recreational amenities designed to preserve the site’s hillside character and scenic views. The specific plan establishes the project’s land use framework, circulation, design standards, landscaping, and infrastructure requirements to ensure cohesive, high-quality residential development. Additionally, the flattest portion of the property front Spruce Street has a Tentative Tract Map for 6 additional lots. Please reach out to our team with any questions or interest in this opportunity.
Lot Size
1,761,566.4 sqft
Days on Market
0
HOA Fee
N/A
MLS #
IV26167268
Lot Features
Value In Land
Water Source
Public
Suburban
$0
| Rating | School Name |
|---|---|
2 | Terra Cotta Middle Middle School |
7 | Rice Canyon Elementary Elementary School |
6 | Alberhill Elementary Elementary School |
4 | Withrow Elementary Elementary School |
2 | Machado Elementary Elementary School |
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
Flood Risk
Minimal — not in a FEMA flood zone
Wildfire Risk
Moderate — near wildland-urban interface
Heat Risk
Low — moderate summer temperatures
Earthquake Risk
Southern California seismic zone
Based on price, location, and features