15364 Spyglass, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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15364 Spyglass
Lake Elsinore, California 92530
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,285Sq Ft
8,276Lot Size
Property Price
LIST PRICE$670,000
EST. MARKET VALUE
$658,394
SUMMARY
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $670,000—positioned slightly above the $658,394 Fair Market Value. While priced at market, the home offers significant long-term savings through the absence of HOA fees and Mello-Roos. Featuring a Condition Rating of 3, the property includes major 2022 upgrades like PEX plumbing and a new HVAC system. With a private backyard spa and scenic hill views, this home provides a turnkey lifestyle for Owner-Occupants or first-time buyers seeking a peaceful, well-maintained retreat.
Estimated Market Value
$658,394
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 |
|---|---|---|---|---|---|---|
★ 15364 Spyglass Subject 4 bd · 3 ba · 2,285 sqft · $288 | $670,000* List Price | 4 | 3 | 2,285 | $288 | - |
A 15475 Solstice Ct Sold 4 bd · 3 ba · 2,499 sqft · $264 · 0.3 mi | $660,000 | 4 | 3 | 2,499 | $264 | 0.3 mi |
B 3273 Ivy Court Sold 4 bd · 3 ba · 2,090 sqft · $340 · 0.6 mi | $710,000 | 4 | 3 | 2,090 | $340 | 0.6 mi |
C 15156 Biarritz St. Sold 4 bd · 2 ba · 1,969 sqft · $289 · 0.8 mi | $570,000 | 4 | 2 | 1,969 | $289 | 0.8 mi |
D 15344 Regatta Sold 4 bd · 2 ba · 1,901 sqft · $315 · 0.1 mi | $599,000 | 4 | 2 | 1,901 | $315 | 0.1 mi |
E 29113 Tradewinds Circle Sold 4 bd · 2 ba · 1,901 sqft · $337 · 0.0 mi | $639,900 | 4 | 2 | 1,901 | $337 | 0.0 mi |
F 29248 Sandpiper Sold 4 bd · 2 ba · 2,003 sqft · $280 · 0.3 mi | $560,000 | 4 | 2 | 2,003 | $280 | 0.3 mi |
G 29073 Forest View Sold 3 bd · 3 ba · 1,857 sqft · $338 · 0.2 mi | $628,000 | 3 | 3 | 1,857 | $338 | 0.2 mi |
H 29116 Outrigger Sold 4 bd · 3 ba · 2,176 sqft · $303 · 0.2 mi | $659,000 | 4 | 3 | 2,176 | $303 | 0.2 mi |
I 15416 Regatta Pending 4 bd · 2 ba · 2,000 sqft · $300 · 0.2 mi | $599,900 List Price | 4 | 2 | 2,000 | $300 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property was built in 1992 but has been well-maintained and features major system upgrades completed in 2022, including new PEX plumbing, HVAC, water heater, and an updated electrical panel. The kitchen has been modernized with stone countertops and newer flooring, making the home fully functional and move-in ready, despite some dated cabinetry remaining in the bathrooms.
PROSSTRENGTHS & OPPORTUNITIES
- Financial Efficiency
The absence of HOA fees and Mello-Roos assessments significantly lowers monthly ownership costs and increases long-term affordability for buyers.
- Major System Upgrades
Recent 2022 improvements including PEX plumbing, a new HVAC system, and an upgraded electrical panel minimize immediate capital expenditure and maintenance concerns.
- Scenic Outdoor Living
The property offers beautiful hill and mountain views complemented by a private backyard spa and a generous 8,276 sqft lot, providing a premium retreat feel.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1992, the home may eventually require updates to original structural components, such as the roof or windows, which were not noted as recently replaced.
- Commuter Location
While peaceful, the Lake Elsinore location may present a lengthy daily commute for professionals working in the major employment hubs of Orange County or Los Angeles.
About 15364 Spyglass
NO HOA • NO MELLO-ROOS • BEAUTIFUL HILL VIEWS! Welcome to 15364 Spyglass Drive, a spacious and beautifully upgraded home nestled in the established and peaceful North Shore community of Lake Elsinore. Here, you’ll enjoy the benefits of a well-developed neighborhood, mature surroundings, quiet streets, beautiful hill and mountain views, and the freedom of no HOA and no Mello-Roos. This 4-bedroom, 3-bathroom home offers approximately 2,285 square feet of comfortable living space with a warm farmhouse-inspired style and thoughtful improvements throughout. The spacious floor plan provides plenty of room for everyday living, entertaining, and accommodating family or guests. The home has been thoughtfully updated, including a remodeled kitchen and bathrooms, plantation shutters, and stylish finishes that blend comfort with timeless appeal. Major system upgrades completed in 2022 include PEX plumbing, HVAC system with air conditioning and furnace, water heater, and an upgraded electrical panel ready for future solar installation. The spacious primary suite provides a comfortable private retreat, while three additional bedrooms offer flexibility for family, guests, a home office, or hobbies. A generous 3-car garage adds valuable storage and parking space. Step into the backyard and enjoy your own private outdoor retreat, complete with a spa and plenty of room to relax or entertain. Beautiful surrounding hills and mountain views create a peaceful backdrop and add to the sense of privacy and tranquility. Beyond the property, the established North Shore community offers convenient access to parks, trails, lake recreation, shopping, dining, schools, and major transportation routes. It’s a location that offers the feeling of an established neighborhood rather than a new construction tract — while still providing the conveniences today’s buyers are looking for. With no HOA, no Mello-Roos, beautiful views, a quiet setting, a spacious 4-bedroom floor plan, and significant upgrades already completed, 15364 Spyglass Drive is an opportunity to enjoy Lake Elsinore living with room to settle in and make it your own. Come experience the views, the neighborhood, and everything this home has to offer!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,285 | 2,014.188 |
| Lot Size | 8,276 | 7,537.856 |
| Price | $670.0K | $605.8K |
| Price per sq ft | $293 | $297 |
| Built year | 1992 | 2005 |
| HOA | $0 | $143 |
| Days on market | 32 | 70 |
Pricing History
Listed for Sale
Sep 23, 2026
$670,000
Initial Listing
Sold
May 3, 2018
$410,000
Public Record
Sold
Oct 13, 1995
$141,000
Public Record