14603 Fair Oak, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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14603 Fair Oak
Lake Elsinore, California 92530
ACTIVE
CONDITION: FAIR
4Beds
3Baths
2,705Sq Ft
6,970Lot Size
Property Price
LIST PRICE$599,990
EST. MARKET VALUE
$603,381
SUMMARY
This Spacious Single-Family Residence represents a High-Potential Investment Opportunity, listed at $625,000—positioned slightly above the $616,838 Fair Market Value. While the home requires cosmetic updates to its Fair Condition Rating (original cabinetry and unfinished backyard), the versatile floor plan and Prime Cul-de-Sac Location provide a solid foundation for value-add projects. With its 4-bedroom layout and proximity to local schools, this property is an ideal acquisition for Value-Add Investors or Owner-Occupants looking to build equity through strategic interior and landscape renovations.
Estimated Market Value
$603,381
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14603 Fair Oak Subject | $599,990* List Price | 4 | 3 | 2,705 | $223 | - |
A 3317 Banyon Circle Sold | $665,000 | 5 | 4 | 3,125 | $213 | 0.3 mi |
B 265 S Pennsylvania Sold | $670,000 | 4 | 3 | 2,762 | $243 | 0.7 mi |
C 15475 Solstice Ct Sold | $660,000 | 4 | 3 | 2,499 | $264 | 0.8 mi |
D 4154 Alderwood Place Sold | $640,000 | 5 | 3 | 2,618 | $244 | 0.8 mi |
E 4170 Alderwood Sold | $715,000 | 5 | 5 | 2,952 | $242 | 0.8 mi |
F 29248 Sandpiper Sold | $560,000 | 4 | 2 | 2,003 | $280 | 0.7 mi |
G 15270 Washington Active | $645,000 List Price | 4 | 3 | 2,459 | $262 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 2004 (20 years old), the home is at the threshold of needing major updates. The kitchen and bathrooms feature original builder-grade honey oak cabinetry and dated black appliances. While the structure appears sound and functional, the interior finishes are dated, and the backyard landscaping requires significant maintenance/finishing.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The 2,705 sq. ft. layout features a rare main-floor bedroom and full bathroom, providing an ideal setup for guests, a home office, or multigenerational living.
- Prime Cul-de-Sac Location
Situated on a desirable tree-lined cul-de-sac, the property offers enhanced privacy, reduced traffic, and a safe environment, all while maintaining a low $90 monthly HOA fee.
- Spacious & Light-Filled Interior
The home boasts dramatic high ceilings and large windows that flood the entry and family room with natural light, creating an open and inviting atmosphere.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 5.
- Unfinished Backyard
The outdoor space requires finishing touches to be fully functional, representing an immediate project and additional investment for the buyer to create a private retreat.
- Average School Ratings
While the property is conveniently located near schools, the local middle and high schools currently hold average ratings (4/10 and 5/10), which may be a concern for education-focused families.
About 14603 Fair Oak
Welcome home to this spacious 4-bedroom, 3-bathroom two-story home nestled on a desirable cul-de-sac. A beautiful tree-lined boulevard welcomes you home, setting the tone for this inviting property. Step inside to a dramatic high-ceiling entry and family room filled with abundant natural light. The main level features a bedroom and full bathroom, offering an ideal space for guests, a home office, or multigenerational living. The living room features a built-in bookshelf and cabinetry, along with a cozy gas fireplace. The kitchen offers abundant cabinet space and plenty of room to create a welcoming gathering place. Upstairs, you'll find the remaining three bedrooms and a convenient laundry room. The backyard is ready for entertaining and enjoying beautiful Southern California evenings, with just the finishing touches needed to make it your own private outdoor retreat. Conveniently located near schools, shopping, Lake Elsinore, Launch Pointe, dining, recreation, and more. With a low HOA and a cul-de-sac location, this home offers comfort, convenience, and plenty of potential to make it your own. Come see all this home has to offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $90.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Rice Canyon Elementary School
Grades K-5 • 0.5 mi
6/10
Terra Cotta Middle School
Grades 6-8 • 0.3 mi
4/10
Lakeside High School
Grades 9-12 • 2.0 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,705 | 1,997.676 |
| Lot Size | 6,970 | 7,302.624 |
| Price | $600.0K | $602.7K |
| Price per sq ft | $222 | $299 |
| Built year | 2004 | 2005 |
| HOA | $90.0 | $146 |
| Days on market | 29 | 65 |
Pricing History
Listed for Sale
Sep 3, 2026
$599,990
$610,000
-2% Price Drop
Initial Listing
Price Change
Aug 26, 2026
$610,000
$625,000
-2% Price Drop
Initial Listing
Price Change
Aug 11, 2026
$625,000
Initial Listing
Sold
Jul 29, 2011
$223,000
Public Record
Sold
Sep 30, 2004
$397,000
Public Record