19018 Tule Way, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath

19018 Tule Way, Lake Elsinore, California 92530 home-pic-0
ACTIVE$545,000
19018 Tule Way, Lake Elsinore, California 92530
3Beds
2Baths
1,416Sqft
7,405Lot
Year Built
1989
Close
-
List price
$545K
Original List price
$599K
Price/Sqft
$385
HOA
-
Days on market
-
Sold On
-
MLS number
HD25110777
Home ConditionGood
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

We found 3 Cons,6 Pros. Rank: price - $545.0K(29th), sqft - 1416(21th), beds - 3(50th), baths - 2(50th).

Welcome Home! Excellent opportunity to own this 3 bedroom 2 bathroom single story property. Open kitchen with island. Gorgeous counter tops and plenty of cupboard space. Recently updated with beautiful laminate flooring and bathroom fixtures. Water softener. New AC ducting. Paid off leased solar panels to save on the electric bills. Close to shopping, schools, and the picturesque Lake Elsinore. A must see!

Price History

Date
Event
Price
10/28/25
Price Change
$545,000-2.5%
09/16/25
Price Change
$559,000-0.9%
08/29/25
Price Change
$564,000-0.9%
08/15/25
Price Change
$569,000
05/18/25
Listing
$599,000
Condition Rating
Good

Built in 1989, this property has undergone significant recent renovations that elevate its condition. The kitchen is fully updated with modern gray shaker cabinets, light granite/quartz countertops, stainless steel appliances, recessed lighting, and stylish pendant lights, making it highly functional and aesthetically pleasing. New laminate flooring extends throughout the main living areas and bedrooms, and the description notes 'recently updated' bathroom fixtures. The addition of new AC ducting and paid-off leased solar panels further enhances its appeal and efficiency. While the original structure is older, the extensive and modern updates to key areas like the kitchen, flooring, and bathrooms, along with system improvements, make it move-in ready and well-maintained, aligning with a 'Good' condition score. The lack of specific age for all major systems (e.g., main AC unit, roof) prevents an 'Excellent' rating, but the visible and described updates are substantial.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1416.
Modern Interior Updates: The property features recent updates including beautiful laminate flooring and bathroom fixtures, enhancing its aesthetic appeal and move-in readiness.
Energy Efficiency & Cost Savings: Benefit from paid-off leased solar panels, significantly reducing electricity bills, and new AC ducting, contributing to improved HVAC efficiency.
Functional & Updated Kitchen: The open kitchen is well-appointed with an island, gorgeous countertops, and ample cupboard space, ideal for cooking and entertaining.
Single-Story Layout: As a single-story property, it offers broad appeal for various buyers, including those seeking accessibility or a convenient floor plan.
Desirable Location & Amenities: Conveniently located close to shopping, schools, and the picturesque Lake Elsinore, with mountain views, offering a blend of convenience and natural beauty.

Cons

Property Age: Built in 1989, the property is over 30 years old, which may imply that some major systems (e.g., roof, original plumbing, electrical panel) could be nearing the end of their lifespan if not explicitly updated.
Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $599,000 down to $545,000, which could indicate initial overpricing or market resistance.
Unspecified Major System Updates: While new AC ducting is mentioned, the description lacks specific details on the age or condition of the main AC unit, furnace, or roof, which are critical components for a home of this age and can be costly to replace.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state