
Lake Elsinore, California 92530
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $425,000—positioned above the $397,379 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring a coastal-inspired renovation and a versatile Craftsman-style workshop with dedicated A/C. With stunning Lake and Mountain views and an elevated balcony, this home provides a unique lifestyle experience. Its move-in ready status and functional outdoor entertaining space make it an ideal acquisition for Owner-Occupants or first-time buyers seeking a character-filled retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17466 Haynes Subject | $399,000* List Price | 2 | 2 | 820 | $465 | - |
A 17653 Raley Sold | $372,500 | 2 | 1 | 750 | $497 | 0.4 mi |
B 18255 Brightman Sold | $425,000 | 2 | 1 | 960 | $443 | 0.9 mi |
C 33195 Schaper Sold | $373,000 | 2 | 2 | 960 | $389 | 0.8 mi |
D 17607 Mackay Active | $429,999 List Price | 2 | 1 | 736 | $584 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (23 years old), the property falls slightly outside the age bracket for 'Good' but qualifies due to being well-maintained and move-in ready. The kitchen features updated stainless steel appliances and the flooring appears recently refreshed. While the cabinetry is dated (original 2003 style), the description notes a 'thoughtful renovation' and upgraded systems, including a workshop with a dedicated electrical panel and A/C, which supports a higher rating than 'Fair'.
The property features breathtaking views of Lake Elsinore and the mountains, complemented by an elevated balcony and a unique tiki bar for premium outdoor entertaining.
A detached Craftsman-style workshop equipped with its own electrical panel and A/C offers exceptional utility for a home office, studio, or hobby space.
The home boasts a coastal-inspired, thoughtful renovation that provides a modern, bright interior, reducing the need for immediate post-purchase improvements.
With only 820 square feet of living space, the home's small footprint may be restrictive for buyers seeking more interior room or storage.
The 3,049 square foot lot is relatively small, which may limit privacy and restrict options for significant landscaping or future structural expansions.
Charming hillside retreat with stunning views of Lake Elsinore and the surrounding mountains. This thoughtfully renovated 2-bedroom, 1.5-bath home features a coastal-inspired design and a bright, inviting interior. The kitchen, dining, and living areas are positioned to capture beautiful lake views, while the elevated rear balcony provides the perfect place to relax and enjoy the scenery. The lower level offers a unique outdoor entertaining space complete with a tiki bar, observation deck, and a spacious Craftsman-style workshop featuring its own electrical panel, attic storage, and A/C unit—ideal for hobbies, projects, or a home office. Conveniently located near Interstate 15 and Highway 74, providing easy access to Orange County, San Juan Capistrano, and surrounding communities. A truly unique property offering character, views, and versatility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 820 | 1,973 |
| Lot Size | 3,049 | 6,970 |
| Price | $399.0K | $601.5K |
| Price per sq ft | $487 | $293 |
| Built year | 2003 | 2004 |
| HOA | $0 | $146 |
| Days on market | 38 | 64 |
Jul 1, 2026
$399,000
$425,000
-6% Price Drop
Initial Listing
Jun 14, 2026
$425,000
Initial Listing
Mar 19, 2010
$91,000
Public Record
Sep 5, 2003
$175,000
Public Record
Apr 18, 2001
$7,000
Public Record
Apr 18, 2001
$7,000
Public Record