15158 Spinnaker Drive, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 6 bed, 3 bath

15158 Spinnaker Drive, Lake Elsinore, California 92530 home-pic-0

Price Vs. Estimate

The estimated value ($629,136.1) is $54,136.1 (9%) higher than the list price ($575,000). This property may be underpriced.

Key pros and cons

Top Pros:
Prime Lakefront Location & Views: The property boasts an unbeatable lakeside location, just moments from Lake Elsinore, offering direct lake views from the Master Suite, an adjacent bedroom, and a balcony, along with serene mountain views from other bedrooms.
Top Cons:
Loft Conversion Impact: The conversion of the loft into a 6th bedroom, while increasing room count, may reduce open common areas and could be a less desirable layout for buyers preferring dedicated loft space or a more open floor plan.

Compared to the nearby listings

Price:$575.0K vs avg $586.0K ($-11,023.5)46%
Size:2,505 sqft vs avg 1,888.5 sqft80%
Price/sqft:$230 vs avg $3207%

More Insights

Built in 2004 (22 years old).
Condition: Built in 2004, this home is well-maintained and move-in ready, but the kitchen and bathrooms show significant signs of being outdated. The kitchen features original-style oak cabinets and basic white laminate countertops, with a mix of older and newer appliances. Bathrooms have basic vanities, fixtures, and notably, one bathroom has carpeted flooring, which is a significant detractor. While functional, the property requires minor to moderate updates to modernize its aesthetics and bring it up to current standards, particularly in the kitchen and bathrooms. The flooring throughout (laminate and carpet) also shows some wear consistent with its age.
Year Built
2004
Close
-
List price
$575K
Original List price
$575K
Price/Sqft
$230
HOA
-
Days on market
-
Sold On
-
MLS number
SW25276628
Home ConditionFair
Features
Excellent View: Lake, Mountain(s)
Deck
Patio
ViewLake, Mountain(s)

About this home

LAKESIDE HOME WITH LAKE VIEWS! Welcome to 15158 Spinnaker Drive, this home is located just moments from Lake Elsinore. The spacious floor plan is highlighted by a living room with a cozy fireplace and a versatile Main Floor Bedroom, perfect for multi-generational living or a private home office. The second level features a loft that was converted to a 6th bedroom. Wake up to breathtaking scenery; the Master Suite and adjacent bedroom offer direct Lake Views, while the additional bedrooms provide serene Mountain Views. With an unbeatable location near the water, this home offers the ultimate Southern California lifestyle. Whether you’re working from your quiet downstairs office or enjoying the balcony with the lake views, the beauty of Lake Elsinore surrounds you. Schedule your private showing today and experience these incredible views for yourself!

J
Justin Butler
Listing Agent

Price History

Date
Event
Price
02/08/21
Sold
$380,000
06/02/09
Sold
$185,000
11/02/05
Sold
$460,000
06/29/04
Sold
$338,500
Condition Rating
Fair

Built in 2004, this home is well-maintained and move-in ready, but the kitchen and bathrooms show significant signs of being outdated. The kitchen features original-style oak cabinets and basic white laminate countertops, with a mix of older and newer appliances. Bathrooms have basic vanities, fixtures, and notably, one bathroom has carpeted flooring, which is a significant detractor. While functional, the property requires minor to moderate updates to modernize its aesthetics and bring it up to current standards, particularly in the kitchen and bathrooms. The flooring throughout (laminate and carpet) also shows some wear consistent with its age.
Pros & Cons

Pros

Cons

Browse Properties by State Browse housing market trends by state