17616 Sutherland, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
Loading property details...
Lake Elsinore, California 92530
This Turnkey Single-Story Residence represents a Prime Investment Opportunity, listed at $425,000—positioned well below the $434,172 Fair Market Value by 2%. This valuation gap offers $9,172 in Instant Equity. Boasting a Condition Rating of 3, the home is a "Certified Pre-Owned" asset featuring scenic lake and mountain views and a functional open layout. Situated in the Lake Elsinore Unified district near Lakeland Village School, it provides a low-maintenance lifestyle. This is an ideal acquisition for first-time buyers or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17616 Sutherland Subject | $425,000* List Price | 2 | 2 | 1,152 | $377 | - |
A 33195 Schaper Sold | $373,000 | 2 | 2 | 960 | $389 | 0.6 mi |
B 17582 Brightman Avenue Sold | $412,500 | 3 | 2 | 1,364 | $302 | 0.1 mi |
C 33272 Adelfa Street Sold | $420,000 | 2 | 2 | 1,317 | $319 | 0.4 mi |
D 33411 Landerville Boulevard Sold | $450,000 | 3 | 2 | 1,314 | $342 | 0.4 mi |
E 33070 Lorimer Active | $340,000 List Price | 4 | 2 | 1,157 | $294 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained, consistent with its 'turnkey' description. Although built in 1984, the home features several modern updates including stainless steel kitchen appliances, updated ceiling fans, and clean flooring throughout. The kitchen and bathrooms are in good, functional condition with painted cabinetry and updated counters. While some dated elements remain, such as popcorn ceilings and a fluorescent kitchen light box, the overall maintenance and 'Certified Pre-Owned' status justify a good rating.
The property is move-in ready and designated as a Certified Pre-Owned Home, featuring completed home and termite inspections plus a 12-month home warranty for buyer peace of mind.
The home boasts desirable views of the lake and surrounding mountains, providing a premium aesthetic and enhancing the overall value of the residence.
The single-level floor plan offers excellent accessibility and a bright, open flow between living spaces, making it ideal for a variety of buyers from retirees to small families.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The property includes only a 1-car garage, which may be a constraint for households with multiple vehicles or those requiring significant additional storage.
With only two bedrooms, the home may have limited appeal for larger families or buyers needing multiple dedicated spaces for home offices and guest rooms.
SINGLE STORY | TURNKEY | SPACIOUS LOT | Welcome to a beautifully maintained single-story home located in a quiet and established Lake Elsinore neighborhood. Situated on a generous lot, this property offers the perfect combination of comfort, functionality, and value. HOME FEATURES: This well-designed home offers a functional layout ideal for everyday living and entertaining. With 2 bedrooms and 2 bathrooms, plus a spacious 1-car garage, there’s plenty of room for families, guests, or a home office setup. LIVING AREA: Bright and open living spaces create a warm and inviting atmosphere. Numerous windows bring in natural light, while the layout offers a comfortable flow between living and dining areas—perfect for relaxing or hosting. KITCHEN: The kitchen is centrally located and designed for convenience, offering ample counter space and cabinetry. It opens to the main living areas, making it easy to stay connected while cooking or entertaining. PARKING: Enjoy the convenience of a 1-car garage with additional driveway parking, providing plenty of space for vehicles and storage. OUTDOOR LIVING: The spacious backyard offers endless potential—whether you’re looking to create an outdoor entertaining area, garden, or simply enjoy the open space. CERTIFIED PRE-OWNED HOME™: Buy with confidence! This home has been pre-inspected by licensed home and termite inspectors, and detailed reports will be provided to the buyer prior to purchase. BONUS: The seller is offering a premium 12-month Home Warranty for added peace of mind. LOCATION: With close proximity to parks, schools, and quick access to Ortega Highway 74, this location offers excellent convenience for commuting and daily living. This move-in-ready home is a fantastic opportunity—schedule your private showing today!
No exterior & parking available.
Grades K-8 • 1.5 mi
Grades 6-8 • 5.5 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 10% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,152 | 1,924 | 9% |
| Lot Size | 3,920 | 7,510 | 11% |
| Price | $425.0K | $595.0K | 10% |
| Price per sq ft | $369 | $310 | 79% |
| Built year | 1984 | 2004 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 195 | 2% |
Apr 13, 2026
$425,000
Initial Listing
Oct 12, 2018
$250,000
Public Record
Sep 17, 2010
$89,000
Public Record
Mar 17, 2005
$260,000
Public Record
Mar 25, 1998
$79,000
Public Record