2 Bella Minozza, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 5 bed, 3 bath

2 Bella Minozza, Lake Elsinore, California 92532 home-pic-0
ACTIVE$703,000
2 Bella Minozza, Lake Elsinore, California 92532
5Beds
3Baths
2,716Sqft
12,197Lot
Year Built
1993
Close
-
List price
$703K
Original List price
$343K
Price/Sqft
$259
HOA
$203
Days on market
-
Sold On
-
MLS number
25547795
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 34% below the list price. We found 3 Cons,5 Pros. Rank: price - $703.0K(83th), sqft - 2716(62th), beds - 5(75th), baths - 3(50th).

Property sold "as-is" in current condition. No repairs, warranties, disclosures, or inspections provided by seller. All offers subject to lien holder(s) approval. Buyer proof of funds or pre-qual letter and addendum to contract is required. Submit all offers on Special Sales Contract with Rider. Needs TLC, needs electrical/plumbing work, property has potential mold, water damage and plumbing issues. Professional inspections required.

Nearby schools

8/10
Tuscany Hills Elementary School
Public,K-50.9mi
3/10
Railroad Canyon Elementary School
Public,K-51.4mi
5/10
Cottonwood Canyon Elementary School
Public,K-52.1mi
6/10
Earl Warren Elementary School
Public,K-52.7mi
6/10
Canyon Lake Middle School
Public,6-82.2mi
3/10
Elsinore Middle School
Public,6-83.0mi
6/10
Temescal Canyon High School
Public,9-123.9mi

Price History

Date
Event
Price
10/22/25
Price Change
$703,000
06/03/25
Listing
$342,900
Condition Rating
Poor

Built in 1993, this property is explicitly listed 'as-is' with significant issues. The description states it 'needs electrical/plumbing work' and has 'potential mold, water damage and plumbing issues.' These are major defects affecting safety and soundness, requiring substantial repairs and rehabilitation, particularly impacting critical areas like kitchens and bathrooms. While the exterior image doesn't show obvious structural flaws, the internal systems are clearly compromised, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Expansive Living Space: With 5 bedrooms, 3 bathrooms, and 2716 sqft, the property offers substantial interior space suitable for a large family or diverse living needs.
Generous Lot Size: The 12197 sqft lot provides ample outdoor space for recreation, gardening, or potential future enhancements.
Desirable School Proximity: Located near highly-rated schools, including Tuscany Hills Elementary (rating 8), which is a significant draw for families.
Significant Value-Add Potential: The property's distressed condition and 'as-is' sale present a substantial opportunity for an experienced buyer or investor to add considerable equity through renovation and repairs.
Established Neighborhood: Built in 1993, the home is situated in a mature community, often implying stable infrastructure and a settled environment.

Cons

Extensive Repair Needs: The property requires significant work, including electrical, plumbing, and remediation for potential mold and water damage, indicating substantial upfront investment.
As-Is Sale & Lack of Disclosures: The seller offers no repairs, warranties, or disclosures, placing all risk, responsibility, and financial burden for the property's condition squarely on the buyer.
Overpriced Relative to Condition: The current list price of $703,000 is significantly higher than the estimated value of $425,510, making it potentially overpriced given its extensive repair requirements and 'as-is' status.

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