15111 Audrey, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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Lake Elsinore, California 92530
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $625,000—positioned well below the $646,000 Fair Market Value by 3%. This valuation gap offers $21,000 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes paid-off solar and a versatile bonus den. With no HOA restrictions and expansive mountain views, this property balances financial stability with lifestyle flexibility. It is an ideal acquisition for Owner-Occupants seeking a turnkey home or first-time buyers prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15111 Audrey Subject | $625,000* List Price | 3 | 2 | 2,052 | $315 | - |
A 5008 Napoli Way Sold | $610,990 | 3 | 2 | 1,742 | $351 | 0.4 mi |
B 15294 Madrone Court Sold | $670,000 | 4 | 3 | 2,000 | $335 | 1.0 mi |
C 15112 Audrey Sold | $640,000 | 4 | 3 | 2,319 | $276 | 0.0 mi |
D 902 Porta Marina Lane Sold | $621,039 | 4 | 3 | 2,218 | $280 | 0.8 mi |
E 186 S Massachusetts Sold | $660,000 | 4 | 3 | 1,928 | $342 | 0.4 mi |
F 127 N Massachusetts Sold | $615,000 | 4 | 2 | 1,585 | $388 | 0.5 mi |
G 29116 Outrigger Sold | $659,000 | 4 | 3 | 2,176 | $303 | 0.9 mi |
H 235 Laurelwood Lane Pending | $529,000 List Price | 3 | 2 | 1,760 | $301 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is only 6 years old, placing it well within the 'Excellent' age bracket. The interior features a modern kitchen with white shaker cabinets, contemporary flooring, and recessed lighting. Systems are newer, including the added value of paid-off solar, and the home appears to be in mint, move-in ready condition.
The property features fully paid-off solar panels, providing significant value-add by reducing monthly utility costs and increasing long-term energy independence.
With no HOA fees or restrictive association rules, homeowners have the flexibility to customize the property and avoid the burden of monthly dues.
The 2,052 sqft single-story layout includes a large bonus den that can easily function as a fourth bedroom, home office, or media room to suit various lifestyle needs.
Despite the generous square footage, the home is officially listed as a 3-bedroom, which may result in lower appraisal comparisons or less appeal for larger families requiring more dedicated closets.
While the backyard is described as expansive, the 8,712 sqft lot size may be insufficient to realistically accommodate all suggested additions like an ADU, pool, and basketball court simultaneously.
Welcome to a beautifully designed single-story home tucked away on a quiet cul-de-sac, offering space, flexibility, and endless possibilities. Featuring 3 spacious bedrooms, 2 bathrooms, and a large bonus den, this versatile floor plan easily adapts to your lifestyle. The oversized den can serve as a 4th bedroom, home office, playroom, media room, or guest space, giving you the flexibility today's buyers are looking for. Enjoy the added value of fully paid-off solar, helping reduce energy costs, along with the freedom of NO HOA—no monthly dues and no HOA restrictions. Step outside to an expansive backyard with breathtaking mountain views and imagine the possibilities. Whether you envision building an ADU, creating your own private pool oasis, installing a basketball court, or designing a lush flower or garden retreat, there's ample space to make it your own. Located in a desirable neighborhood, this home offers the privacy of cul-de-sac living while remaining conveniently close to schools, shopping, dining, parks, and commuter routes. Lake Elsinore residents enjoy easy access to the city's recreational amenities, including nearby parks, hiking trails, outdoor activities, and the beautiful lake, making it an ideal location for those who love an active Southern California lifestyle. The city features numerous parks and recreational facilities throughout the community, providing plenty of opportunities for families and outdoor enthusiasts. Don't miss this incredible opportunity to own a home that offers comfortable living today with room to grow and customize for tomorrow.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,052 | 1,973 |
| Lot Size | 8,712 | 6,970 |
| Price | $625.0K | $601.5K |
| Price per sq ft | $305 | $293 |
| Built year | 2018 | 2004 |
| HOA | $0 | $146 |
| Days on market | 9 | 64 |
Jul 13, 2026
$625,000
Initial Listing
Jan 10, 2018
$363,500
Public Record