15020 Larson, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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Lake Elsinore, California 92530
This Custom Spanish-Style Residence is a Strong Value Opportunity, listed at $875,000—positioned well below the $925,000 Fair Market Value by 5%. This valuation gap offers $50,000 in Instant Equity for buyers. Maintaining a Move-In Ready Condition, the home features a renovated Granite Kitchen, custom millwork, and serene Mountain Views. The expansive One-Acre Lot provides rare privacy and outdoor versatility within the Lake Elsinore Unified district. This is an ideal acquisition for Owner-Occupants or Lifestyle-Focused Buyers seeking a sophisticated, turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15020 Larson Subject | $875,000* List Price | 3 | 2 | 1,641 | $564 | - |
A 30560 Timey Sold | $706,000 | 3 | 2 | 1,227 | $575 | 0.2 mi |
B 30921 Sarabia Street Sold | $720,000 | 3 | 2 | 1,227 | $587 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant interior renovations that modernize its 1976 construction. The kitchen is a standout feature with high-quality granite countertops, custom dark wood cabinetry, a tile backsplash, and stainless steel appliances, including a wine cooler. The interior also boasts updated tile flooring, recessed lighting, plantation shutters, and custom millwork. While the home is well-maintained and updated, it does not meet the 'excellent' criteria as the renovations appear to be within the 5-15 year range rather than brand new.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 1641.
The property sits on a massive 43,560 sqft lot, offering rare privacy, a 'country living' feel, and extensive outdoor amenities including a gazebo and storage shed.
This custom-built home features elegant Spanish architecture, a high-end kitchen with granite countertops, and a unique custom fireplace, providing a sophisticated living environment.
Built in 1976, the home may require more maintenance or modernization of its core systems compared to newer residential builds in the Lake Elsinore area.
Having spent 58 days on the market with a significant $50,000 price reduction, the property may be struggling to find its footing against current market competition.
Discover the allure of your future Spanish-style custom built one story 3-bedroom 2 bath home with elegance and a welcoming U-shaped driveway with an additional side driveway that beckons you to explore further. Step inside to find a haven of sophistication. The custom kitchen is a dream for any culinary enthusiast, featuring granite countertops and a breakfast bar that invites casual conversations. The living room is equally impressive, with a custom fireplace that sets the mood and seamless access to the backyard. Outside, enjoy a perfect blend of privacy and leisure. The fenced-in backyard offers a covered patio, a delightful gazebo for those sunny afternoons, and a storage shed for all your needs. It's a slice of country living, yet just a stone's throw away from urban conveniences. This prime location offers the best of both worlds. You're close to shopping centers, major highways, and scenic routes, making this home not just a place to live, but a lifestyle to embrace. Can you see yourself living here? Imagine the possibilities and make it a reality. Schedule a visit today or reach out for more information. Your dream home awaits!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,641 | 1,924 | 33% |
| Lot Size | 43,560 | 7,510 | 98% |
| Price | $875.0K | $595.0K | 100% |
| Price per sq ft | $533 | $310 | 98% |
| Built year | 1976 | 2004 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 65 | 195 | 7% |
Mar 14, 2026
$875,000
$925,000
-5% Price Drop
Initial Listing
Feb 16, 2026
$925,000
Initial Listing