Vacant Land (10+ Acres) in Lake Elsinore

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.