19880 Silverwood Drive, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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19880 Silverwood Drive
Lake Elsinore, California 92530
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,465Sq Ft
6,098Lot Size
Property Price
LIST PRICE$549,900
EST. MARKET VALUE
$568,087
3% BelowMARKET VALUE
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $549,900—positioned well below the $568,088 Fair Market Value by 3%. This valuation gap offers $18,188 in Instant Equity. The home features a Condition Rating of 3, with modern quartz counters and updated cabinetry providing a solid foundation for cosmetic personalization. Located in a community with extensive amenities and proximity to local schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Estimated Market Value
$568,087+$18,187 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19880 Silverwood Drive Subject 4 bd · 3 ba · 2,465 sqft · $230 | $549,900* List Price | 4 | 3 | 2,465 | $230 | - |
A 19830 Silverwood Sold 4 bd · 3 ba · 2,823 sqft · $213 · 0.1 mi | $600,000 | 4 | 3 | 2,823 | $213 | 0.1 mi |
B 19845 Silverwood Drive Sold 4 bd · 2 ba · 1,973 sqft · $289 · 0.0 mi | $570,000 | 4 | 2 | 1,973 | $289 | 0.0 mi |
C 32795 Santa Cruz Sold 3 bd · 2 ba · 1,864 sqft · $289 · 0.2 mi | $539,000 | 3 | 2 | 1,864 | $289 | 0.2 mi |
D 18930 Applewood Sold 5 bd · 3 ba · 2,364 sqft · $258 · 0.6 mi | $610,000 | 5 | 3 | 2,364 | $258 | 0.6 mi |
E 32670 Santa Cruz Active 4 bd · 3 ba · 2,228 sqft · $247 · 0.2 mi | $549,900 List Price | 4 | 3 | 2,228 | $247 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2006 and renovated 9 years ago, the home features a modern kitchen with white quartz counters and updated bathrooms. While the listing suggests 'a little love' is needed for cosmetic refresh, the systems and major surfaces fall within the 5-15 year renovation window for a 'Good' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Community Amenities
The property is situated in a community with a very low HOA fee that provides access to an extensive array of amenities including a skate park, dog park, tennis courts, and a pump track.
- Spacious and Functional Floor Plan
Boasting 2,465 square feet, the layout is ideal for families, featuring four bedrooms plus a loft, dual downstairs living spaces, and a convenient upstairs laundry room.
- Modern Base Upgrades
The home features a solid foundation of previous upgrades including white quartz countertops, tile and laminate flooring, and updated cabinetry, reducing the need for a full-scale kitchen remodel.
CONSRISKS & DEFICIENCIES
- Deferred Maintenance
The listing indicates the home requires 'a little love' to bring it back to life, suggesting that buyers should budget for cosmetic repairs and minor renovations.
- Limited View Premium
Although the property is noted to have a view, it is restricted to the surrounding neighborhood, lacking the high-value lake or mountain vistas often sought after in the Lake Elsinore area.
About 19880 Silverwood Drive
Beautiful 4 bed, 2.5 bath centrally located in Lake Elsinore. Located in a very low cost HOA with incredible amenities: skate park, dog park, tennis court, park, playground, basketball, skate park, pump track and walking paths. Close to the new Ice Cave and Lake Elsinore for recreation. Only 9 years ago this home boasted EVERYTHING brand new - tile and laminate floors, beautiful white quartz counters, new kitchen and bath cabinets, toilets and sinks. A little love will bring this home back to life, and you can make it your own. Priced to sell and inspections are attached! Two living spaces downstairs with a powder room. Upstairs boasts 4 bedrooms PLUS loft, laundry room and balcony.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $72.69 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
William Collier Elementary School
Grades K-5 • 0.5 mi
4/10
David A. Brown Middle School
Grades 6-8 • 2.7 mi
3/10
Elsinore High School
Grades 9-12 • 1.5 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,465 | 2,014.188 |
| Lot Size | 6,098 | 7,537.856 |
| Price | $549.9K | $605.8K |
| Price per sq ft | $223 | $297 |
| Built year | 2006 | 2005 |
| HOA | $72.69 | $143 |
| Days on market | 24 | 70 |
Pricing History
Listed for Sale
Oct 1, 2026
$549,900
Initial Listing
Sold
May 18, 2017
$355,000
Public Record
Sold
May 14, 2012
$152,000
Public Record
Sold
Nov 27, 2006
$432,000
Public Record