15294 Highland Park Court, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath

15294 Highland Park Court, Lake Elsinore, California 92530 home-pic-0

15294 Highland Park Court

Lake Elsinore, California 92530

ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,758Sq Ft
9,204Lot Size

Property Price

LIST PRICE$599,000
EST. MARKET VALUE
$619,000
3% BelowMARKET VALUE

SUMMARY

Analysis of 15294 Highland Park Court, Lake Elsinore, California 92530 reveals a Prime Investment Opportunity with a current list price of $599,000—significantly undercutting the $619,000 Fair Market Value by 3%. This valuation gap indicates a +$20,000 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$619,000 +$20,000 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
15294 Highland Park Court
Subject
$599,000*
List Price
321,758$352-
A
15276 Darnell Dr Lot 79 Lot 79
Sold
$586,189321,569$3740.2 mi
B
33270 Friar Tuck
Sold
$515,000321,413$3640.5 mi
C
15219 Laguna Ave
Sold
$639,000431,941$3290.1 mi
D
15300 Darnell Dr Lot 77 Lot 77
Sold
$626,086321,758$3560.2 mi
E
15195 Kingsway Drive
Sold
$524,000421,678$3120.3 mi
F
15276 Darnell Dr Lot 79
Pending
$538,174
List Price
321,569$3430.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This is a brand-new 2024 construction featuring over $60,000 in modern upgrades. The home includes high-end finishes such as upgraded wood plank flooring, granite countertops, stainless steel appliances, and recessed lighting. As a newly built property, all major systems including HVAC, electrical, and plumbing are new and meet current quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 9204, living area = 1758.

  • Modern Turn-Key Condition

    Built in 2024 with over $60,000 in premium upgrades, this move-in-ready home features contemporary finishes, wood plank flooring, and smart home technology, including EV charging capabilities.

  • Exceptional Lot & Views

    Situated on a large corner lot within a quiet cul-de-sac, the property offers rare, unobstructed views of Lake Elsinore and the San Jacinto mountains, providing a serene and private setting.

CONSRISKS & DEFICIENCIES

  • Market Pricing Volatility

    The property has seen multiple price reductions since its initial listing, which may suggest initial overpricing or a disconnect with current buyer demand in the immediate area.

  • Conversion Requirements

    To maximize the home's value and utility as a 4-bedroom or 3-bathroom residence, the buyer would need to invest additional capital to convert the existing den and mudroom spaces.

About 15294 Highland Park Court

Over $60,000 worth of upgrades in this stunning MOVE IN READY home. Tucked away on a quiet cul-de-sac, this corner-lot home offers a truly tranquil setting with scenic views in every direction. With an open floor plan and modern design throughout, the home feels light, airy, and effortlessly inviting. Neutral, contemporary colors paired with large windows create a soothing atmosphere filled with natural light and a sense of openness. The single-story layout features 9-foot ceilings, upgraded wood plank flooring, and recessed lighting throughout. The heart of the home is the beautifully designed kitchen with granite countertops, stainless steel appliances, a large island, walk-in pantry, and a modern one-touch faucet. Ideal for entertaining or gathering with family. The spacious living area flows seamlessly to the backyard, enhancing the indoor and outdoor lifestyle. The private backyard is a peaceful retreat, offering upgraded landscaping and stunning lake and San Jacinto mountain views. The primary suite provides a calming escape with a large walk-in closet and serene views, while the flexible floor plan includes a den with potential for a 4th bedroom and a mudroom with the option to convert into a third bathroom. Additional highlights include smart home features, EV charging capability, a two-car garage, ample parking, and one of the best lots in the neighborhood. Located near three community parks and close to Launch Pointe for boating, dining, and outdoor recreation, this home blends modern comfort with a peaceful, resort-like setting.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2024
Lot Size
9,204 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$128.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
49%
Baths2.03.0
48%
Square foot1,7581,857
44%
Lot Size9,2047,841
69%
Price$599.0K$595.0K
53%
Price per sq ft$341$319
62%
Built year20242004
76%
HOA$128.0$0
77%
Days on market39193
2%

Pricing History

Listed for Sale

Mar 3, 2026

$599,000

$610,000

-2% Price Drop

Initial Listing

Price Change

Feb 16, 2026

$610,000

$619,000

-1% Price Drop

Initial Listing

Price Change

Jan 27, 2026

$619,000

Initial Listing

Sold

Jul 17, 2024

$563,500

Public Record

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