16817 Bell Avenue, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 5 bed, 4 bath
Loading property details...
Lake Elsinore, California 92530
This Multi-Generational Residence is a Strong Value Opportunity, listed at $640,000—positioned well below the $683,182 Fair Market Value by 6%. This valuation gap offers $43,182 in Instant Equity for the buyer. The property is in Good Condition, featuring a versatile tri-level layout with a kitchenette and private entrance. With Panoramic Lake and Mountain Views and a Granite Kitchen, it balances lifestyle appeal with financial upside. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living space.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16817 Bell Avenue Subject | $640,000* List Price | 5 | 4 | 3,269 | $209 | - |
A 4671 Swan Avenue Sold | $625,000 | 4 | 3 | 2,517 | $248 | 0.6 mi |
B 15120 Audrey Drive Sold | $650,000 | 4 | 4 | 2,709 | $240 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property falls within the 10-20 year age bracket for 'Good' condition. The home appears well-maintained and move-in ready with functional upgrades like granite countertops and stainless steel appliances. While some interior elements such as the oak cabinetry, carpet, and glass-block shower are becoming dated, the overall structure and systems appear to be in solid, functional condition without immediate need for major rehab.
The tri-level floor plan features a lower level with two bedrooms, a kitchenette, and a separate entrance, offering excellent flexibility for rental income, guests, or extended family.
Positioned in Country Club Heights, the property boasts stunning panoramic views of Lake Elsinore and the surrounding mountains, significantly enhancing its market appeal.
This 3,269 sq. ft. custom home includes high-end details like granite countertops, a 3-car garage with workshop space, and a primary suite with a Jacuzzi tub, providing great value for the size.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 3484.
The tri-level architectural design requires navigating multiple flights of stairs, which may be a drawback for buyers with mobility concerns or those seeking a more traditional layout.
With a large 3,269 sq. ft. footprint on a 6,534 sq. ft. lot, the remaining yard space is relatively modest, potentially limiting options for extensive landscaping or large outdoor recreation.
Lake views, mountain scenery, and flexible multi-generational living — this custom-built Country Club Heights home has it all! Located in the desirable Country Club Heights area of Lake Elsinore, this impressive 3,269 sq. ft. tri-level residence offers 5 bedrooms and 3.5 bathrooms with a versatile floor plan ideal for extended family, guests, or rental potential. A grand double-door entry opens to a spacious great room with a cozy fireplace, a formal dining room with crown molding, and a large kitchen featuring granite countertops, stainless steel appliances, and ample cabinetry. Beautiful ceiling fans are featured throughout the home for added comfort and style. The lower level includes 2 bedrooms, a private bathroom, a kitchenette, and its own separate entrance, providing added privacy and flexibility. Upstairs, the expansive primary suite offers 2 walk-in closets, a large bathroom with a relaxing Jacuzzi tub, and an oversized shower. Additional highlights include a 3-car garage with workshop space and generous living areas throughout. This beautifully designed custom home combines comfort, functionality, and scenic lake and mountain views in one of Lake Elsinore’s sought-after neighborhoods close to the lake, shopping, dining, and freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 85% |
| Baths | 4.0 | 3.0 | 90% |
| Square foot | 3,269 | 1,941 | 98% |
| Lot Size | 6,534 | 7,319 | 42% |
| Price | $640.0K | $596.0K | 69% |
| Price per sq ft | $196 | $305 | 2% |
| Built year | 2005 | 2003 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 169 | 2% |
May 28, 2026
$640,000
Initial Listing
May 29, 2009
$300,000
Public Record
Mar 22, 2007
$800,000
Public Record
Jul 3, 2002
$20,000
Public Record
Dec 8, 1997
$8,500
Public Record