17011 Gunnerson, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 1 bath

17011 Gunnerson, Lake Elsinore, California 92530 home-pic-0

17011 Gunnerson

Lake Elsinore, California 92530

ACTIVE
CONDITION: FAIR
3Beds
1Baths
1,608Sq Ft
21,344Lot Size

Property Price

LIST PRICE$499,900

SUMMARY

Analysis of 17011 Gunnerson, Lake Elsinore, California 92530 is currently available with a list price of $499,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1932, this Spanish Colonial Revival home is well-maintained but shows significant signs of age and outdated finishes. While the exterior has been updated with newer stucco and solar panels, the interior features a dated kitchen with older cabinetry and white appliances, and only one bathroom for a three-bedroom home. The property retains historic charm like original oak flooring, but requires modernization of fixtures and systems to meet current market standards.

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 = 21344, living area = 1608.

  • Income Potential

    The property features a detached two-car garage with a studio apartment above, providing an excellent opportunity for rental income, a guest suite, or a private home office.

  • Historic Architectural Charm

    Built in 1932 in the Spanish Colonial Revival style, this home retains unique period details and original oak plank flooring, offering a rare level of character and historical significance.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.

  • Limited Bathroom Count

    With three bedrooms and over 1,600 square feet of living space, the presence of only one bathroom may be a significant drawback for families or modern buyers.

  • Age-Related Maintenance

    As a 94-year-old structure currently undergoing various repairs, the home likely requires ongoing investment to modernize aging systems and maintain its historic integrity.

About 17011 Gunnerson

Check out this fantastic opportunity to own a piece of Lake Elsinore history! This home is perfect for investors, first time home buyers or anyone else looking for a cozy and architecturally significant gem to call their own. This home was built in 1932 in the "Country Club Heights" neighborhood in Spanish Colonial Revival style and has only had 3 owners over the last 94 years! The current owner made several updates during their 40+ years of ownership including updated stucco exterior and adding solar. The interior entry and living area features original oak plank flooring and many touches from the period that make this a very unique home. The home also features a spacious kitchen, 2 decent sized bedrooms, large living room/family room area with cozy fireplace and a "sun room" with terra cota style tile flooring. The large property features plenty of room for parking, separate area for solar panels and a detached two car garage with extra tall doors for high vehicles. Upstairs above the garage is a studio apartment for extra living space or a possible tenant. This home is located on a hill facing east where you can take in the magnificent views of our mountains and hills! This home has already had a full home inspection with several items already corrected by the current owner (like a new water heater!). Please inquire with the listing agent for a copy of the home inspection report prior to submitting an offer. Investors welcome! NOTE: SELLER IS IN THE PROCESS OF MAKING SEVERAL REPAIRS AND IMPROVEMENTS TO THE PROPERTY SO HURRY, THIS ONE WILL NOT LAST!!!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1932
Lot Size
21,344 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
1 (1 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
49%
Baths1.03.0
5%
Square foot1,6081,857
35%
Lot Size21,3447,841
92%
Price$499.9K$590.0K
17%
Price per sq ft$311$319
46%
Built year19322004
4%
HOA$0$0
50%
Days on market11193
2%

Pricing History

Listed for Sale

Feb 24, 2026

$499,900

Initial Listing

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