142 N Terra Cotta Road, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath

142 N Terra Cotta Road, Lake Elsinore, California 92530 home-pic-0
ACTIVE$564,500
142 N Terra Cotta Road, Lake Elsinore, California 92530
3Beds
2Baths
1,316Sqft
7,841Lot
Year Built
1985
Close
-
List price
$565K
Original List price
$565K
Price/Sqft
$429
HOA
-
Days on market
-
Sold On
-
MLS number
SW25149471
Home ConditionFair
Features
Pool
Patio
ViewHills, Neighborhood

About this home

Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,5 Pros. Rank: price - $564.5K(37th), sqft - 1316(14th), beds - 3(50th), baths - 2(50th).

Welcome to 142 N. Terra Cotta, one of only a handful of PRIVATE POOL homes currently on the market on the north side of Lake Elsinore! This cute single story offers an open floor plan with 3 bedrooms, 2 bathrooms, and a 2 car garage. Interior features include neutral paint; tile and faux-wood flooring; comfortable living spaces; upgraded kitchen with stainless steel appliances; ceiling fans throughout; and a cozy, brick fireplace in the living room. The outside offers mature and established, easy-care landscaping, a covered patio beyond the 2 sliders ~~ one from the family room and the other from the primary bedroom ~~ and of course, the STUNNING POOL WITH WATERFALL FEATURE! Plus, there's several sitting areas and extra space at the far end of the lot for a play set or your favorite vegetable or flower garden. Imagine all the fun family gatherings that could be hosted from this entertainer's backyard! Memories will definitely be made here! But, wait....there's more! A solar panel system with Good Leap was installed in April 2024 and now the house and pool are powered by the strong So. California sunshine. This is a cost-saving feature for the lucky homeowner! Well-known for low taxes and no HOA fees makes 142 N. Terra Cotta a perfect selection for first time buyers or folks scaling down from a larger home. Located close to schools and shopping, and only a short distance from the 15 freeway, Ortega Highway, Lake Elsinore, and Storm Stadium. Additionally, all the Temecula amenities are close enough to enjoy but far enough away to not be bothered by the city's hustle and bustle...Old Town, Pechanga Casino, the Promenade Mall, and the valley's world-renowned wine country. Don't miss out...call for an appointment TODAY!

Price History

Date
Event
Price
07/24/25
Listing
$564,500
Condition Rating
Fair

Built in 1985, this property is well-maintained with recent solar panel installation and updated stainless steel kitchen appliances. However, the kitchen cabinets, countertops, and tile flooring, along with the bathroom vanities and fixtures, appear dated, suggesting renovations that are 15-30 years old rather than recent. The faux-wood flooring and neutral paint are positives, but the overall aesthetic in key areas requires minor cosmetic updates to meet current styles.
Pros & Cons

Pros

Private Pool & Entertainer's Backyard: The property boasts a private pool with a waterfall feature, mature, easy-care landscaping, a covered patio, and multiple sitting areas, creating an ideal space for entertaining and family gatherings.
New Solar Panel System: A recently installed solar panel system (April 2024) provides significant cost savings on electricity for both the house and the pool, enhancing energy efficiency and reducing utility bills.
Financial Benefits: The home benefits from low property taxes and no HOA fees, offering substantial long-term financial advantages to the homeowner.
Upgraded Interior & Kitchen: Features an open floor plan, neutral paint, tile and faux-wood flooring, ceiling fans, a cozy brick fireplace, and an upgraded kitchen with stainless steel appliances, providing a modern and comfortable living environment.
Convenient Location: Strategically located close to schools, shopping, the 15 freeway, Ortega Highway, Lake Elsinore, and Storm Stadium, with easy access to Temecula's amenities including Old Town, Pechanga Casino, and wine country.

Cons

Age of Property: Built in 1985, the property's age suggests that some original systems (e.g., plumbing, electrical, roof) may be nearing the end of their lifespan, potentially requiring future maintenance or upgrades despite recent cosmetic improvements.
No Central Air Conditioning Mentioned: While ceiling fans are present, the description does not explicitly mention central air conditioning, which could be a significant drawback for comfort during hot Southern California summers.
Smaller Square Footage: With 1316 sqft, the property may be considered smaller for some buyer segments, particularly those seeking more expansive living spaces or accommodating larger families.

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