15510 Rose, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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Lake Elsinore, California 92530
This Updated Single-Story Residence is a Prime Investment Opportunity, listed at $498,500—positioned well below the $513,865 Fair Market Value by 2%. This valuation gap provides $15,365 in Instant Equity for incoming buyers. Boasting a Condition Rating of 3, the home features a new roof, upgraded bathrooms, and scenic mountain views. Located in the Lake Elsinore Unified district near Ortega Highway, it offers a perfect blend of recreational lifestyle and commuter convenience. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 15510 Rose Subject | $498,500* List Price | 3 | 2 | 1,338 | $384 | - |
A 15600 Lake Ridge Sold | $570,000 | 3 | 2 | 1,384 | $412 | 0.1 mi |
B 15556 Orange Street Sold | $499,000 | 3 | 2 | 1,483 | $336 | 0.1 mi |
C 32895 Marie Drive Sold | $455,000 | 3 | 2 | 1,032 | $441 | 0.9 mi |
D 15710 Lake Ridge Road Sold | $557,000 | 4 | 3 | 1,782 | $313 | 0.2 mi |
E 15505 Shadow Mountain Ln Pending | $490,000 List Price | 3 | 2 | 1,380 | $355 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several significant recent upgrades, including a roof installed last year, newer laminate wood flooring, and refreshed bathrooms. While the 1980s construction is evident through the popcorn ceilings and vintage stone fireplace, the interior has been well-maintained with updated kitchen surfaces and functional systems, meeting the criteria for a well-maintained home that does not require immediate renovation.
The property features significant recent upgrades, including a roof installed just last year, renovated bathrooms, and newer fencing, providing immediate value and reducing near-term maintenance concerns.
Situated minutes from Lake Elsinore and Glam Campgrounds, the home offers exceptional access to water sports and outdoor activities, enhanced by beautiful mountain and hill views.
The home's proximity to the Ortega Highway provides a convenient route for those commuting to Orange County, making it an attractive option for professionals seeking a balance between work and lifestyle.
At 4,356 square feet, the lot is relatively small for the area, which may limit outdoor privacy, expansion possibilities, or extensive landscaping projects.
Built in 1980, the property may have aging infrastructure or original systems not mentioned in the recent updates that could require future capital investment compared to newer developments.
Welcome Home! Discover this charming, beautifully maintained gem located just minutes from the recreational paradise of Lake Elsinore and the popular Glam Campgrounds. Whether you enjoy boating, fishing, or water sports, outdoor adventure is always within easy reach. This inviting 3-bedroom, 2-bathroom home is perfect for families, first-time buyers, or anyone looking for comfort and convenience. Step into a spacious living room featuring a cozy fireplace—ideal for relaxing evenings at home. The kitchen offers a pantry, garden window, and a functional dining area, making everyday living and entertaining effortless. Thoughtfully updated throughout, this home features recent renovations, including a newer roof (installed last year), upgraded bathrooms, newer fencing, and stylish laminated wood flooring for easy maintenance. Enjoy year-round comfort with central heating and air conditioning, a whole house fan, and ceiling fans in all bedrooms. The property also includes a detached 2-car garage with an automatic opener. Take in the gorgeous mountain views and appreciate the convenient location near Ortega Highway, offering an easy commute to Orange County. This is a fantastic opportunity to own a move-in-ready home in a desirable location—don’t miss it!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,338 | 1,924 | 17% |
| Lot Size | 4,356 | 7,405 | 12% |
| Price | $498.5K | $595.0K | 17% |
| Price per sq ft | $373 | $310 | 82% |
| Built year | 1980 | 2004 | 19% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 195 | 2% |
Apr 9, 2026
$498,500
Initial Listing
Apr 7, 2026
$489,900
Initial Listing
Jul 28, 2022
$440,000
Public Record
Jun 10, 2005
$260,000
Public Record
Apr 13, 2001
$145,000
Public Record