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15149 Lighthouse Lane, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 2 bath

15149 Lighthouse Lane, Lake Elsinore, California 92530 home-pic-0
ACTIVE$569,000
15149 Lighthouse Lane, Lake Elsinore, California 92530
4Beds
2Baths
1,625Sqft
7,841Lot

Price Vs. Estimate

The estimated value ($505,284.04) is $63,715.96 (11%) lower than the list price ($569,000). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 7841, living area = 1625.
Top Cons:
Overpriced Relative to Market Estimation: The current listing price is 11% above the estimated property value, potentially impacting buyer interest and requiring price adjustments.

Compared to the nearby listings

Price:$569.0K vs avg $585.9K ($-16,858)41%
Size:1,625 sqft vs avg 1,884 sqft37%
Price/sqft:$350 vs avg $32165%

More Insights

Built in 2003 (22 years old).
Condition: Built in 2003, this property is 21 years old, placing it just outside the 10-20 year range for 'Good' but its condition aligns well with this category. The kitchen features modern stainless steel appliances, light wood cabinetry, and solid surface countertops, appearing clean and functional. Bathrooms are similarly well-maintained with matching vanities and tile surrounds. Flooring consists of clean tile in main areas and neutral carpeting in bedrooms. The home appears move-in ready with no immediate renovations required, and the description mentions 'many modern upgrades' and a 'newly built backyard patio,' indicating recent investments that keep it current and well-maintained.
Year Built
2003
Close
-
List price
$569K
Original List price
$580K
Price/Sqft
$350
HOA
-
Days on market
-
Sold On
-
MLS number
PW25057905
Home ConditionGood
Features
Excellent View: Hills, Lake
Patio
ViewHills, Lake

About this home

Rare Single-Story Gem with Stunning Lake & Valley Views Discover this beautiful and hard-to-find single-story home nestled in the scenic hills of Lake Elsinore. Located on a peaceful single-loaded street with no neighbors in front or behind, this home offers both privacy and breathtaking panoramic views. Featuring four spacious bedrooms and two full baths, the home boasts a bright and open floor plan. The large living and dining areas are accented with elegant crown molding, while the inviting family kitchen seamlessly connects to the newly built backyard patio—perfect for outdoor relaxation and entertaining. The front and back yards are thoughtfully landscaped for easy maintenance, complementing the home’s many modern upgrades. Additional highlights include a two-car attached garage, an oversized driveway for extra parking, a generously sized attic for storage, and much more. Conveniently located near the lake, schools, shopping centers, restaurants, Highway 74, and the 15 Freeway, this home offers the perfect blend of tranquility and accessibility. Don’t miss out on this exceptional opportunity!

Condition Rating
Good
Built in 2003, this property is 21 years old, placing it just outside the 10-20 year range for 'Good' but its condition aligns well with this category. The kitchen features modern stainless steel appliances, light wood cabinetry, and solid surface countertops, appearing clean and functional. Bathrooms are similarly well-maintained with matching vanities and tile surrounds. Flooring consists of clean tile in main areas and neutral carpeting in bedrooms. The home appears move-in ready with no immediate renovations required, and the description mentions 'many modern upgrades' and a 'newly built backyard patio,' indicating recent investments that keep it current and well-maintained.
Pros & Cons

Pros

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 = 7841, living area = 1625.
Panoramic Lake & Valley Views: The property boasts stunning, unobstructed panoramic views of the lake and valley, a highly desirable and value-adding feature.
Desirable Single-Story Layout: A rare and sought-after single-story home, offering ease of access and broad appeal, built in the relatively modern year of 2003.
Exceptional Privacy & Quiet Location: Situated on a peaceful, single-loaded street with no rear or front neighbors, ensuring enhanced privacy and tranquility.
Convenient Accessibility: Strategically located with easy access to Lake Elsinore, schools, shopping, dining, and major freeways (Highway 74, I-15).
Enhanced Outdoor Living & Low Maintenance: Features a newly built backyard patio perfect for entertaining and thoughtfully landscaped, easy-to-maintain front and back yards.

Cons

Overpriced Relative to Market Estimation: The current listing price is 11% above the estimated property value, potentially impacting buyer interest and requiring price adjustments.
Lack of Detailed Interior Modernization: While 'modern upgrades' are mentioned, the description lacks specific details on comprehensive interior renovations beyond crown molding and kitchen connection to patio, which might be expected for the price point.
Absence of Explicit Cooling System: The property description does not explicitly mention a central air conditioning system, which could be a significant concern for comfort during warmer months in Lake Elsinore.

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