15318 Mesquite, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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15318 Mesquite
Lake Elsinore, California 92530
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,771Sq Ft
4,792Lot Size
Property Price
LIST PRICE$595,000
EST. MARKET VALUE
$590,599
SUMMARY
This Turnkey Single-Story Residence is a Strong Value Opportunity, listed at $595,000—positioned slightly above the $590,600 Fair Market Value. While priced at market, the home offers exceptional stability with a Condition Rating of 3, featuring a High-End Outdoor Kitchen, Custom In-Ground Spa, and Panoramic Lake Views. Located within the Lake Elsinore Unified School District, this property provides a premium lifestyle for Owner-Occupants or discerning professionals seeking a move-in-ready sanctuary with permanent, unobstructed mountain and water vistas.
Estimated Market Value
$590,599
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15318 Mesquite Subject 3 bd · 2 ba · 1,771 sqft · $333 | $595,000* List Price | 3 | 2 | 1,771 | $333 | - |
A 16647 Evelyn Place Sold 3 bd · 2 ba · 2,009 sqft · $311 · 0.8 mi | $625,000 | 3 | 2 | 2,009 | $311 | 0.8 mi |
B 29448 Rock Point Sold 4 bd · 3 ba · 2,000 sqft · $295 · 0.5 mi | $590,000 | 4 | 3 | 2,000 | $295 | 0.5 mi |
C 3432 Harrison Avenue Sold 3 bd · 3 ba · 1,768 sqft · $303 · 0.9 mi | $535,000 | 3 | 3 | 1,768 | $303 | 0.9 mi |
D 29164 Ocotillo Pending 3 bd · 2 ba · 1,342 sqft · $406 · 0.1 mi | $545,000 List Price | 3 | 2 | 1,342 | $406 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2003 (21 years old), the home is in well-maintained, turnkey condition. It features modern updates including wood-look tile flooring, a stone accent wall in the master, and a high-end outdoor kitchen with granite countertops. While the structure is just over the 20-year mark, the interior and exterior upgrades keep it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Premium Outdoor Living
The backyard is a standout feature, boasting a custom in-ground spa, a high-end outdoor kitchen with granite countertops, and a large patio cover, perfect for high-end entertaining.
- Exceptional Views
The property offers permanent, unobstructed views of Lake Elsinore and the surrounding mountains from both the backyard and the master suite, significantly increasing its long-term value.
- Turnkey Single-Story Layout
This move-in-ready home features a desirable stair-free floor plan with custom upgrades, including a finished garage with built-in cabinetry and a versatile office that can serve as a fourth bedroom.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
At 4,792 square feet, the lot is relatively small, which may limit privacy and traditional yard space for families or pet owners compared to other homes in the region.
- Recurring HOA Costs
The property is subject to a $130 monthly association fee, which increases the monthly carrying cost and may be a drawback for buyers seeking a fee-free residential area.
About 15318 Mesquite
This is the property you have been waiting for!!! Gorgeous turnkey home with a VIEW of the lake from the backyard!!! One level home with no stairs and a great floor plan. Great curb appeal and wait till you see the custom entry door. Through the door is a living room and dining area with an office in front ( that could be converted to a 4th bedroom ) . Toward the backyard is a family room with a fireplace, another eating area and the beautiful kitchen. You can exit to the backyard through custom doors or a slider in the dining area. The master bedroom sits by the backyard and has an awesome view and access to the yard as well. There is a master bath with a great layout and a walk-in closet, dual sinks and a tub/shower combination. Additionally, you have two nice size bedrooms and another good size bathroom. Through the hall area is the inside washer/dryer area that leads to the completely finished garage area with custom cabinets and a built-in TV!! But the backyard is the icing on the cake!! A custom in ground spa, outdoor kitchen complete with high end barbeque, fridge and sink, granite counter top, outdoor TV a huge patio cover and the best part is an absolute beautiful view of the Lake and the mountains!! This would be YOUR VIEW forever. Please take the time to see this amazing property in person, you will not be disappointed.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2003
- Lot Size
- 4,792 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Rice Canyon Elementary School
Grades K-5 • 0.7 mi
6/10
Terra Cotta Middle School
Grades 6-8 • 1.0 mi
4/10
Lakeside High School
Grades 9-12 • 1.6 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,771 | 2,014.188 |
| Lot Size | 4,792 | 7,537.856 |
| Price | $595.0K | $605.8K |
| Price per sq ft | $336 | $297 |
| Built year | 2003 | 2005 |
| HOA | $130.0 | $143 |
| Days on market | 17 | 70 |
Pricing History
Listed for Sale
Oct 8, 2026
$595,000
Initial Listing
Sold
May 14, 2010
$177,000
Public Record
Sold
Oct 31, 2006
$435,000
Public Record