17640 Brightman, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
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Lake Elsinore, California 92530
This Single Family Residence presents a Strong Value Opportunity, listed at $495,000—positioned well below the $497,365 Fair Market Value by 0.48%. This valuation gap offers $2,365 in Instant Equity. Featuring a Condition Rating of 4, the home is move-in ready but offers significant potential for cosmetic upgrades. Highlights include an upper deck with panoramic lake and mountain views, a 2-car garage, and NO HOA fees. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a customizable home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17640 Brightman Subject | $495,000* List Price | 2 | 2 | 1,512 | $329 | - |
A 33195 Schaper Sold | $373,000 | 2 | 2 | 960 | $389 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the property is meticulously maintained but remains largely in original condition. The kitchen features dated oak cabinetry, tile countertops, and a fluorescent light box, while the bathrooms retain 1980s-style wood-surround tubs and fixtures. While functional and move-in ready, the home exceeds the 20-year threshold for modern updates and requires cosmetic renovations to align with current market standards.
The property features an upper deck with impressive views of the mountains and lake, providing a serene outdoor space that enhances the home's overall appeal.
As a rare find with no HOA, this home offers owners greater financial flexibility and freedom from the restrictive covenants often found in Lake Elsinore communities.
The oversized primary suite serves as a true retreat, featuring a wet bar, jetted tub, and direct access to the viewing deck for a high-end feel.
With only two bedrooms, the property may have a more limited buyer pool compared to the standard three-bedroom family homes typically sought after in this price range.
The front and back yards are described as a blank canvas, requiring the buyer to invest additional time and capital to transform the dirt lots into functional outdoor living spaces.
Welcome to this cozy 2-bedroom 2 bath home with amazing views from the upper deck! This beautifully maintained home is a rare find with NO HOA. Pride of ownership shines throughout, as the seller has meticulously cared for the property. Is conveniently located near the lake and Ortega Highway. Main level bedroom offers convenience and practicality, while the generous sized primary suite is expansive and has plenty of room for a sitting area and a cozy retreat featuring the wet bar area. Imagine enjoying your morning coffee off the upper deck while taking in a view of the mountains or relax in the jetted tub at night. The family room is open. The front and back yard is a blank canvas ready to be transformed into your dream garden and outdoor entertainment space and both are fully fenced. There is a 2-car garage. Schedule your private showing today!
No exterior & parking available.
Grades K-8 • 1.4 mi
Grades 6-8 • 5.5 mi
Grades 9-12 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,512 | 1,973 |
| Lot Size | 3,485 | 6,970 |
| Price | $495.0K | $601.5K |
| Price per sq ft | $327 | $293 |
| Built year | 1987 | 2004 |
| HOA | $0 | $146 |
| Days on market | 34 | 64 |
Jun 18, 2026
$495,000
Initial Listing
Nov 26, 2024
$449,000
Public Record
Sep 26, 2002
$136,500
Public Record
Sep 30, 1997
$58,000
Public Record