15020 Larson, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
15020 Larson
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 15020 Larson, Lake Elsinore, California 92530 reveals a Fairly Priced Property with a current list price of $925,000 aligned with the estimated $927,633 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15020 Larson Subject | $925,000* List Price | 3 | 2 | 1,641 | $565 | - |
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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant interior updates, including a custom kitchen with granite countertops and stainless steel appliances. While the home was built in 1976, the high-end finishes, custom fireplace, and well-maintained exterior and landscaping indicate extensive renovation within the last 5 to 15 years, placing it firmly in the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Expansive One-Acre Lot
The property sits on a generous 43,560 square foot lot, offering a rare blend of privacy and 'country living' with a fully fenced backyard, gazebo, and storage shed.
- Custom Spanish Architecture
This unique one-story custom home features elegant Spanish-style design, a sophisticated U-shaped driveway, and high-end interior finishes like granite countertops and a custom fireplace.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1976, the home may require significant capital investment for updates to major systems such as electrical, plumbing, or HVAC to meet modern efficiency standards.
- High Price Per Square Foot
At a list price of $925,000 for 1,641 square feet, the property is positioned at a premium price point that may challenge appraisal values compared to larger homes in the Lake Elsinore area.
About 15020 Larson
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!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 43,560 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,641 | 1,857 | 36% |
| Lot Size | 43,560 | 7,841 | 98% |
| Price | $925.0K | $595.0K | 100% |
| Price per sq ft | $564 | $319 | 98% |
| Built year | 1976 | 2004 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 193 | 2% |
Pricing History
Listed for Sale
Feb 16, 2026
$925,000
Initial Listing