15219 Laguna Ave, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath

15219 Laguna Ave, Lake Elsinore, California 92530 home-pic-0
ACTIVE$639,000
15219 Laguna Ave, Lake Elsinore, California 92530
4Beds
3Baths
1,941Sqft
12,135Lot

Price Vs. Estimate

The estimated value ($643,345.9) is $4,345.9 (0%) lower than the list price ($639,000). 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 = 12135, living area = 1941.
Top Cons:
Ongoing Association Fees: The property is subject to a monthly association fee of $128.0, which adds to the recurring cost of homeownership.

Compared to the nearby listings

Price:$639.0K vs avg $587.6K (+$51,405.5)71%
Size:1,941 sqft vs avg 1,893 sqft53%
Price/sqft:$329 vs avg $32055%

More Insights

Built in 2024 (1 years old).
Condition: This property was built in 2024, making it a virtually new home. The listing explicitly states 'over $100,000 in upgrades' including upgraded tile flooring, custom backsplash, freshly painted interior, stainless steel appliances, and modern finishes throughout. The kitchen features contemporary wood-toned cabinetry, white quartz countertops, a stylish mosaic backsplash, and modern stainless steel appliances. Bathrooms are equally modern with walk-in showers, subway tile, and updated fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Year Built
2024
Close
-
List price
$639K
Original List price
$649K
Price/Sqft
$329
HOA
$128
Days on market
-
Sold On
-
MLS number
IG25250003
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

This stunning one-year-old home offers 4 bedrooms and 3 bathrooms with nearly 2,000 sq. ft. of living space. Over $100,000 in upgrades enhance every corner, including upgraded tile flooring throughout, custom backsplash, and a freshly painted interior. The open-concept kitchen features stainless steel appliances and modern finishes. Step outside to your private, low-maintenance backyard complete with turf, an extended 15-foot covered patio with cooling fans and lighting — perfect for entertaining year-round. The garage boasts epoxy flooring and a full camera security system for peace of mind. Additional highlights include shutters on every window, potential RV parking, and one of the larger lots in the community. Conveniently located near schools, shopping, and freeways — this home blends comfort, style, and function in a prime location!

Price History

Date
Event
Price
11/08/24
Sold
$576,500
Condition Rating
Excellent

This property was built in 2024, making it a virtually new home. The listing explicitly states 'over $100,000 in upgrades' including upgraded tile flooring, custom backsplash, freshly painted interior, stainless steel appliances, and modern finishes throughout. The kitchen features contemporary wood-toned cabinetry, white quartz countertops, a stylish mosaic backsplash, and modern stainless steel appliances. Bathrooms are equally modern with walk-in showers, subway tile, and updated fixtures. All components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
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 = 12135, living area = 1941.
New Construction & Extensive Upgrades: This is a stunning one-year-old home with over $100,000 in upgrades, including upgraded tile flooring, custom backsplash, and a freshly painted interior, offering a move-in ready modern living experience.
Exceptional Outdoor Entertainment Space: The private, low-maintenance backyard features turf, an extended 15-foot covered patio with cooling fans and lighting, perfect for year-round entertaining.
Modern & Functional Interior: The home boasts an open-concept kitchen with stainless steel appliances and modern finishes, 4 bedrooms, 3 bathrooms, and practical features like shutters on every window.
Large & Versatile Lot: The property sits on one of the larger lots in the community and offers potential RV parking, providing ample space and flexibility for homeowners.
Convenient Location & Views: Conveniently located near schools, shopping, and freeways, the home also offers desirable mountain views, blending accessibility with aesthetic appeal.

Cons

Ongoing Association Fees: The property is subject to a monthly association fee of $128.0, which adds to the recurring cost of homeownership.
Recent Price Reduction: The listing has recently undergone a price reduction from $649,000 to $639,000, which could indicate initial overpricing or market resistance.
Significant Price Appreciation: The current list price of $639,000 represents a substantial increase from its last sale price of $576,500 in November 2023, which may require strong justification to potential buyers.

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