15145 Lighthouse Drive, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
15145 Lighthouse Drive
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 15145 Lighthouse Drive, Lake Elsinore, California 92530 reveals a Prime Investment Opportunity with a current list price of $575,000—significantly undercutting the $651,347 Fair Market Value by 11%. This valuation gap indicates a +$76,347 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 15145 Lighthouse Drive Subject | $575,000* List Price | 4 | 3 | 2,197 | $296 | - |
A 15771 Lake Terrace Drive Sold | $638,340 | 4 | 3 | 2,293 | $278 | 0.4 mi |
B 33165 Windward Way Sold | $595,000 | 5 | 3 | 2,505 | $238 | 0.1 mi |
C 15157 Spinnaker Drive Sold | $565,000 | 4 | 3 | 2,505 | $226 | 0.1 mi |
D 15710 Lake Ridge Road Sold | $557,000 | 4 | 3 | 1,782 | $313 | 0.5 mi |
E 15660 Laguna Active | $625,000 List Price | 4 | 3 | 2,293 | $273 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition, benefiting from recent cosmetic updates including fresh interior paint and new carpeting throughout. Built in 2003, the home is well-maintained with functional major systems, including the added value of a fully paid-off solar system and low-maintenance backyard turf. While the kitchen and bathrooms appear to maintain their original 20-year-old cabinetry and fixtures, the overall cleanliness and 'turnkey' status meet the criteria for a good condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Views & Privacy
The property features exceptional, unobstructed views of Lake Elsinore, the surrounding mountains, and city lights, further enhanced by the lack of rear neighbors for maximum privacy.
- Energy Efficiency
The home includes a fully paid-off solar system, offering the new owner significant long-term savings on utility costs and increasing the property's overall value.
- Turnkey Condition
With brand-new interior paint and new carpeting throughout, the home is in move-in-ready condition, reducing immediate post-purchase maintenance costs for the buyer.
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 = 3.
- Second-Floor Centric Layout
All four bedrooms are located on the upper level, which may be a disadvantage for buyers requiring a ground-floor bedroom for guests or multi-generational living accessibility.
- Bathroom-to-Bedroom Ratio
For a four-bedroom home plus a loft, the 2.5-bathroom configuration may be considered tight for larger families or when hosting multiple guests.
About 15145 Lighthouse Drive
Panoramic View Home with Privacy and Paid Solar!! Enjoy peaceful living with breathtaking panoramic views of the lake, surrounding mountains, and sparkling city lights. Located just 29 miles from San Juan Capistrano, this home offers the perfect balance of scenic tranquility and commuter convenience. This spacious home features 4 bedrooms, 2.5 bathrooms, and a versatile loft, with all bedrooms located upstairs for added privacy. The primary suite includes a private balcony—perfect for relaxing and unwinding while taking in the peaceful mountain views. The suite also offers a large walk-in closet, dual sinks, a separate soaking tub and shower, and a private toilet area. Upstairs you'll find a centrally located laundry closet for easy access. The guest bathroom includes a single sink with a separate tub/shower and toilet area. Downstairs features a convenient half bath for guests, along with a formal living room and dining room. The open-concept family room flows into the kitchen, creating a perfect space for entertaining. The kitchen includes a walk-in pantry, and the refrigerator is included. The home has been freshly updated with new interior paint and new carpet throughout, giving it a clean and move-in-ready feel. Step outside to a low-maintenance turf backyard complete with a play set and above-ground spa, plus a designated garden area for those who love to grow their own plants or vegetables. One of the standout features is the privacy—no neighbors behind you, allowing you to fully enjoy the incredible lake, mountain, and city light views. Additional highlights include paid-off solar, a 2-car garage with opener, and front yard RV parking on the side of the driveway with potential for larger RV parking. If you’re looking for views, privacy, and space, this Lake Elsinore home delivers.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 7,405 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,197 | 1,868 | 67% |
| Lot Size | 7,405 | 7,841 | 47% |
| Price | $575.0K | $590.0K | 44% |
| Price per sq ft | $262 | $319 | 24% |
| Built year | 2003 | 2004 | 49% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 193 | 1% |
Pricing History
Listed for Sale
Mar 5, 2026
$575,000
Initial Listing
Sold
Mar 13, 2009
$169,500
Public Record
Sold
Nov 20, 2003
$267,000
Public Record