
Lake Elsinore, California 92530
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $560,000—positioned well below the $593,268 Fair Market Value by 5%. This valuation gap offers $33,268 in Instant Equity for the buyer. Featuring a Modernized Kitchen and an Excellent Condition Rating, the home offers a move-in ready lifestyle with scenic Lake and Hill Views. Its strategic location near the I-15 freeway makes it an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term stability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15148 Anchor Subject | $560,000* List Price | 4 | 3 | 1,879 | $316 | - |
A 33108 Windward Way Sold | $690,000 | 4 | 3 | 2,505 | $275 | 0.1 mi |
B 15145 Lighthouse Drive Sold | $585,000 | 4 | 3 | 2,197 | $266 | 0.2 mi |
C 33130 Trabuco Drive Sold | $547,000 | 3 | 2 | 1,754 | $312 | 0.3 mi |
D 33089 Garner Sold | $515,000 | 3 | 2 | 1,628 | $316 | 0.8 mi |
E 15505 Shadow Mountain Ln Sold | $490,000 | 3 | 2 | 1,380 | $355 | 0.7 mi |
F 32965 Kevin Active | $599,900 List Price | 3 | 2 | 2,232 | $269 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1991, the property features a high-end kitchen renovation completed within the last 5 years, including modern white shaker cabinetry, stone countertops, and stainless steel appliances. The interior shows mint condition with updated large-format tile and carpet, soaring ceilings, and a move-in ready status that requires no immediate maintenance.
The home features a fully updated kitchen with stylish finishes and soaring ceilings that create an open, light-filled, and move-in-ready living environment.
With no rear neighbors and scenic views of the hills and lake, the property offers a peaceful outdoor setting and a sense of seclusion rare in suburban tracts.
Situated minutes from Lake Elsinore's recreational activities and providing quick access to the I-15 freeway, the home is perfectly positioned for both commuters and outdoor enthusiasts.
With all bedrooms located on the upper floor, the home may lack the accessibility desired by buyers seeking a ground-floor primary suite or guest accommodations.
Built in 1991, the property may soon require capital improvements for original major systems, such as the roof or HVAC, which are approaching the end of their typical functional lifespan.
Welcome to 15148 Anchor Way in Lake Elsinore, where comfort, convenience, and modern upgrades come together. This beautifully maintained home features a fully updated kitchen with stylish finishes, offering the perfect space for both everyday living and entertaining. As you step through the front door, you're greeted by soaring ceilings and an abundance of natural light creating an open and inviting atmosphere. The thoughtfully designed floor plan offers all bedrooms upstairs, providing separation between the living and shared spaces. The functional floor plan includes a convenient downstairs laundry room, making household tasks effortless. Enjoy added privacy with no rear neighbors, creating a peaceful backyard setting to relax and unwind. Located just minutes from Lake Elsinore, you'll have easy access to boating, fishing, waterfront dining, and outdoor recreation. Commuters will appreciate the quick access to the I-15 freeway, making travel throughout Southern California a breeze. Whether you're looking for a move in ready home or a property in a prime location close to shopping, dining, and the lake, this home checks all the boxes
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,879 | 1,928 | 47% |
| Lot Size | 6,098 | 7,319 | 39% |
| Price | $560.0K | $595.0K | 37% |
| Price per sq ft | $298 | $305 | 45% |
| Built year | 1991 | 2003 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 169 | 2% |
Jun 4, 2026
$560,000
Initial Listing
Nov 6, 2024
$540,000
Public Record