
Lake Elsinore, California 92530
This Completely Updated Turnkey Residence is a High-Potential Investment Opportunity, listed at $479,900—positioned well below the $501,633 Fair Market Value by 4%. This valuation gap provides $21,733 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the home features new LVP flooring, a custom Trex deck, and mountain views. With NO HOA and super low taxes in the Lake Elsinore Unified district, it offers exceptional financial efficiency. This is an ideal match for Owner-Occupants or first-time buyers seeking a polished, value-driven home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17622 Sutherland Subject | $479,900* List Price | 3 | 3 | 1,268 | $396 | - |
A 32940 Blackwell Blvd Sold | $498,000 | 3 | 3 | 1,650 | $302 | 0.2 mi |
B 33195 Schaper Sold | $373,000 | 2 | 2 | 960 | $389 | 0.6 mi |
C 33411 Landerville Boulevard Sold | $450,000 | 3 | 2 | 1,314 | $342 | 0.4 mi |
D 17616 Sutherland Active | $425,000 List Price | 2 | 2 | 1,152 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1993, the property has undergone an extensive recent renovation within the last year, meeting the criteria for excellent condition. The interior features brand-new LVP flooring, new carpet, and fresh paint throughout. The kitchen and bathrooms have been modernized with stainless steel appliances, updated fixtures, and contemporary finishes. Exterior improvements include a new concrete driveway and a high-quality custom Trex deck, ensuring the home is in fully turnkey, like-new condition.
The property offers an exceptional financial advantage with no HOA fees and very low taxes, significantly reducing the monthly carrying costs for the homeowner.
Completely updated with new LVP flooring, fresh paint, brand-new carpet, and a modernized kitchen, this home is truly move-in ready and requires no immediate renovation.
The backyard features a newly built custom Trex deck and covered patio, providing a high-quality, low-maintenance space for outdoor entertaining and relaxation.
At 1,268 square feet on a 3,920 square foot lot, the property is relatively small for a three-bedroom home, which may limit appeal for families needing more interior or yard space.
The assigned K-8 school has a lower performance rating of 3, which could be a drawback for families prioritizing high-ranking educational districts.
Don’t miss this completely updated 3-bedroom, 2.5 bathroom, two-story home that is truly turnkey and move-in ready, offering NO HOA and SUPER LOW TAXES—an incredible opportunity! From the moment you arrive, you’ll appreciate the clean curb appeal, low-maintenance landscaping, and brand-new concrete driveway that enhances both functionality and aesthetics. Step inside to a beautifully updated interior featuring new paint throughout, brand-new carpet, and stylish LVP flooring that flows through the main living areas. The inviting entry opens to a spacious living room highlighted by an updated fireplace, creating a warm and comfortable setting perfect for relaxing or entertaining. The layout is both practical and welcoming, designed to maximize space and natural light. A conveniently located half bathroom downstairs adds functionality for guests. The kitchen offers a fantastic layout with an abundance of cabinet storage, stainless steel appliances, updated sink, and ample counter space for meal preparation. The dining area flows seamlessly from the kitchen and provides direct access through a sliding glass door to the backyard, creating a great indoor-outdoor connection. Step outside to your newly built custom Trex deck with a covered patio, offering the perfect space for outdoor dining, entertaining, or simply enjoying the Southern California lifestyle year-round. Upstairs, you will find a generously sized primary bedroom that serves as a private retreat, complete with updated dual sinks, a shower/tub combination, and a functional layout that provides both comfort and convenience. The two additional bedrooms are well-sized and share a beautifully updated hallway bathroom featuring a shower/tub combo and modern finishes. Both the front and backyard are designed for low-maintenance living, allowing you to spend more time enjoying your home and less time on upkeep. Additional highlights include vinyl and wood fencing, rain gutters, and a spacious 2-car garage equipped with a newer water heater and custom sealed garage floor, providing durability and a clean, finished look. Ideally located close to shopping centers, restaurants, schools, and local businesses, this home also offers easy access to Lake Elsinore recreation and the Ortega Highway (74), making commuting and weekend getaways simple and convenient. With its extensive updates, desirable features, and prime location, this home truly checks all the boxes. Don’t miss your this move-in ready gem!
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 | 3.0 | 4.0 | 46% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,268 | 1,924 | 14% |
| Lot Size | 3,920 | 7,510 | 11% |
| Price | $479.9K | $595.0K | 15% |
| Price per sq ft | $378 | $310 | 84% |
| Built year | 1993 | 2004 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 195 | 2% |
Apr 13, 2026
$479,900
Initial Listing