
Lake Elsinore, California 92530
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $530,000—positioned well below the $548,045 Fair Market Value by 3%. This valuation gap offers $18,045 in Instant Equity for the buyer. The property is in Condition Rating 3, featuring a renovated kitchen and laminate flooring. With a large 7,841 sqft corner lot and scenic mountain views, it offers both immediate comfort and long-term potential. This is an ideal acquisition for Owner-Occupants seeking a move-in ready home or first-time buyers looking to build wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18974 Reindeer Subject | $530,000* List Price | 3 | 2 | 1,416 | $387 | - |
A 32465 Beechwood Lane Sold | $546,000 | 3 | 2 | 1,500 | $364 | 0.5 mi |
B 19018 Tule Way Sold | $530,000 | 3 | 2 | 1,416 | $374 | 0.1 mi |
C 19250 Henshaw Court Sold | $572,000 | 3 | 2 | 1,380 | $414 | 0.3 mi |
D 19385 Stonewood Sold | $540,000 | 3 | 2 | 1,304 | $414 | 0.4 mi |
E 18820 Applewood Sold | $560,000 | 4 | 2 | 1,708 | $328 | 0.3 mi |
F 32816 Autumn Wood Cir Sold | $595,000 | 3 | 2 | 1,770 | $336 | 0.5 mi |
G 32850 Gregory Place Pending | $550,000 List Price | 3 | 2 | 1,408 | $391 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989, the home has been well-maintained with clear updates including a renovated kitchen with dark cabinetry and stone countertops, as well as updated laminate flooring. It appears move-in ready and functional.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1416.
Situated on a spacious 7,841 sqft corner lot, the property offers enhanced privacy, a generous front yard, and a large backyard ideal for outdoor entertaining.
The backyard features impressive mountain views, providing a serene and picturesque backdrop that adds significant aesthetic value to the home.
With 40 days on the market and three consecutive price reductions from the original $575,000, the property has struggled to find its price point in the current market.
Built in 1989, the home may require cosmetic updates or modern renovations to compete with newer residential inventory in the Lake Elsinore area.
Charmin Corner-Lot Home with Mountain Views in Lake Elsinore Welcome to this spacious Single - Family Home perfectly situated on a desirable corner lot in a Peaceful Lake Elsinore neighborhood. Features 3 bedrooms, 2 bathrooms across 1,416 square feet of livable space, this property offer a functional layout with endless possibility. The inviting living room serves as the heart of the home, complete with a cozy fireplace, the bright kitchen is equipped with a beautiful gourmet stove, making it ideal for home cooking. Outside, you will find a Generous front Yard and a Large Backyard featuring scenic mountain views, perfect for outdoor entertaining or relaxation additional attached 2- car garage with direct access Conveniently located near to local schools, shopping centers, and freeway access .
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,416 | 1,973 |
| Lot Size | 7,841 | 6,970 |
| Price | $530.0K | $601.5K |
| Price per sq ft | $374 | $293 |
| Built year | 1989 | 2004 |
| HOA | $0 | $146 |
| Days on market | 47 | 64 |
Jul 15, 2026
$530,000
$540,000
-2% Price Drop
Initial Listing
Jun 19, 2026
$540,000
$560,000
-4% Price Drop
Initial Listing
Jun 18, 2026
$560,000
$575,000
-3% Price Drop
Initial Listing
Jun 5, 2026
$575,000
Initial Listing
Jun 20, 2014
$215,000
Public Record
Dec 5, 2008
$162,000
Public Record
Jan 28, 2005
$310,000
Public Record
Dec 14, 1999
$104,000
Public Record