
Lake Elsinore, California 92532
This Single-Story Estate represents a Strong Value Opportunity, listed at $699,000—positioned well below the $733,106 Fair Market Value by 4%. This valuation gap provides $34,106 in Instant Equity. With a Good Condition Rating, the home features a Granite Kitchen and Split Floor Plan. The massive 38,768 sq ft lot offers a blank canvas for custom outdoor amenities. Located near the highly-rated Tuscany Hills Elementary, this property is an ideal acquisition for Owner-Occupants seeking long-term appreciation or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Villa Roma Subject | $699,000* List Price | 5 | 3 | 2,965 | $247 | - |
A 4 Via Del Fico Court Sold | $867,000 | 5 | 5 | 3,842 | $226 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, the property is exactly 20 years old, placing it at the top of the 'Good' category. The interior is well-maintained and move-in ready with functional granite countertops, stainless steel appliances, and a spa-like primary bath. While the backyard is unfinished, the structural elements and systems appear consistent with a well-kept home of this age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38768, living area = 2965.
At nearly an acre (38,768 sq ft), this is one of the largest lots in Tuscany Hills, offering a rare blank canvas for a custom pool, ADU, or resort-style landscaping.
The spacious 2,965 sq ft single-level floor plan features a modern split-wing design and high ceilings, providing high accessibility and functional living space.
The massive backyard lacks finished landscaping or a pool, requiring a substantial immediate capital investment from the buyer to make the outdoor space functional.
Being part of a planned community involves monthly fees and architectural guidelines that may limit the owner's flexibility in developing the expansive lot.
Rare Single-Story Estate on One of Tuscany Hills' Largest Lots — Build Your Dream Backyard Welcome to 2 Villa Roma — a rare single-story home set on one of the largest lots in all of Tuscany Hills. This 5-bedroom, 3-bath residence offers approximately 2,965 sq ft of single-level living on a sprawling 38,768 sq ft (nearly an acre) lot, with extra parking and open views toward Canyon Lake. Through the double front doors, soaring ceilings and a light-filled split floor plan greet you. Formal living and dining rooms flow into an oversized great room made for gatherings. The kitchen features granite counters, stainless steel appliances, a large center island, and a built-in double oven, and opens to a family room anchored by a cozy fireplace. Plantation shutters and wide sliding doors bring in natural light and lead to a covered Alumawood patio. Everything lives on one level. Three oversized secondary bedrooms with ceiling fans and large closets share a full bath on one wing, while the private primary suite sits on the other — with direct patio access, a spa-like bath featuring a jetted soaking tub, an oversized glass-door shower, dual sinks, a separate vanity, and a walk-in closet. A fourth bedroom, full bath, dedicated laundry room, and generous storage complete the layout. Outside is where this property truly stands apart. There's no pool today — and that's the opportunity. This enormous, private yard is a true blank canvas, ready for you to create the backyard you've always dreamed of: a custom pool, a resort-style garden, a sport court, or all three. A lot this large and this open is nearly impossible to find in Tuscany Hills. Residents enjoy resort-style HOA amenities including a pool, tennis and basketball courts, and multiple parks, with easy access to schools, freeways, shopping, and dining.Offered at $699,000 — a rare chance to own one of the neighborhood's largest single-story lots at a compelling value. Schedule your private showing today.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 2.0 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,965 | 1,997.676 |
| Lot Size | 38,768 | 7,302.624 |
| Price | $699.0K | $602.7K |
| Price per sq ft | $236 | $299 |
| Built year | 2006 | 2005 |
| HOA | $168.0 | $146 |
| Days on market | 20 | 65 |
Aug 20, 2026
$699,000
Initial Listing
Dec 27, 2021
$670,000
Public Record
Nov 22, 2013
$365,000
Public Record
Dec 14, 2006
$635,000
Public Record