17635 Nelson Avenue, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
17635 Nelson Avenue
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 17635 Nelson Avenue, Lake Elsinore, California 92530 reveals a Fairly Priced Property with a current list price of $399,700 aligned with the estimated $399,700 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17635 Nelson Avenue Subject | $399,700* List Price | 3 | 2 | 886 | $451 | - |
A 33165 Baldwin Blvd Sold | $415,000 | 3 | 2 | 1,020 | $407 | 0.2 mi |
B 33195 Schaper Sold | $373,000 | 2 | 2 | 960 | $389 | 0.6 mi |
C 17653 Raley Pending | $374,990 List Price | 2 | 1 | 750 | $500 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand-new 2025 construction that has never been lived in. The property features entirely new systems including a composition tile roof, central HVAC, and a permanent 433 foundation. The interior boasts modern finishes such as stainless steel appliances, contemporary soft-close cabinetry, recessed lighting, and dual-pane windows, meeting all criteria for the highest condition rating.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
Built in 2025, this never-lived-in home features modern upgrades including stainless steel appliances, soft-close cabinetry, and energy-efficient dual-pane windows, ensuring a turnkey move-in experience.
- Financing Accessibility
The property includes a permanent 433 foundation, which is a critical feature that allows buyers to qualify for a wide range of financing options, including FHA, VA, and conventional loans.
- Public Utility Connections
Unlike many rural or foothill properties, this home is connected to public water and sewer systems, providing the convenience of municipal services and eliminating the maintenance risks of septic tanks or wells.
CONSRISKS & DEFICIENCIES
- Limited Square Footage
At only 886 square feet for a three-bedroom configuration, the interior living spaces and bedrooms may feel significantly cramped or undersized for many families.
- Propane Gas Dependency
The home relies on a propane tank for gas service rather than a natural gas line, which requires the homeowner to monitor fuel levels and manage periodic delivery costs and logistics.
About 17635 Nelson Avenue
DREAMS DO COME TRUE! Wait 'til you see this IMMACULATE brand new, never before lived in home! A brand new chain link fence is being added shortly around the very large backyard. Includes new permanent 433 foundation which allows for all types of purchase financing. The lucky buyer of this home will enjoy all of the following brand new features for many years to come: Composition Tile Roof, Water Heater, Central Heating and Air conditioning System, Fire Sprinklers, dual pane windows, 6 panel doors throughout, Beautiful Stainless steel refrigerator, range, dishwasher and microwave, contemporary soft close cabinets and counter tops, recessed lighting, flooring and more! It is located in the foothills surrounded by beautiful mountains and near the lake on a 5,200 square foot lot. Includes 3 bedrooms, 2 baths and an interior separate laundry room off the kitchen with a door to your side yard. Public water and sewer are connected and a propane tank for gas. Enjoy the freedom of not concerning yourself with a septic tank nor a well. Located within walking distance to the Lake and parks! Great neighborhood. Easy access to Hwy 74, the 5 and the 215.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2025
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 886 | 1,857 | 2% |
| Lot Size | 5,227 | 7,841 | 20% |
| Price | $399.7K | $590.0K | 5% |
| Price per sq ft | $451 | $319 | 95% |
| Built year | 2025 | 2004 | 85% |
| HOA | $0 | $0 | 50% |
| Days on market | 94 | 193 | 12% |
Pricing History
Listed for Sale
Feb 21, 2026
$399,700
$398,700
+0% Price Increase
Initial Listing
Price Change
Dec 3, 2025
$398,700
Initial Listing