2 Bella Minozza, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 5 bed, 3 bath
2 Bella Minozza
Lake Elsinore, California 92532
Property Price
SUMMARY
Analysis of 2 Bella Minozza, Lake Elsinore, California 92532 reveals a property with a current list price of $525,000, which is 52% above the estimated $345,246 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2 Bella Minozza Subject | $525,000* List Price | 5 | 3 | 2,716 | $127 | - |
A 1 Ponte Bianco Sold | $660,000 | 5 | 4 | 3,227 | $205 | 0.9 mi |
B 4 Plaza Avila Sold | $595,000 | 5 | 3 | 3,194 | $186 | 0.3 mi |
C 31648 Canyon Estate Drive Sold | $572,500 | 4 | 3 | 2,671 | $214 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
The property is in poor condition and requires substantial rehabilitation. Built in 1993, the listing explicitly states the home needs significant electrical and plumbing work, and suffers from potential mold and water damage. These issues, combined with the 'as-is' sale status and the need for professional inspections, indicate major system failures and safety concerns that go beyond cosmetic updates.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 12197, living area = 2716.
- Generous Living Space
With 5 bedrooms and over 2,700 square feet of living area on a large 12,197 square foot lot, this property offers significant scale and potential for a spacious family estate.
- High Investment Potential
Priced to reflect its condition, this home presents a prime 'fix-and-flip' or sweat-equity opportunity for investors looking to capitalize on a substantial renovation project in Lake Elsinore.
CONSRISKS & DEFICIENCIES
- Extensive Deferred Maintenance
The residence requires significant structural and system overhauls, including electrical, plumbing, and remediation for potential mold and water damage.
- Complex Sale Requirements
Sold strictly 'as-is' with no warranties and subject to lien holder approval, the purchase process involves higher risk and potentially longer timelines than a standard transaction.
About 2 Bella Minozza
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 12,197 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $203.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Tuscany Hills Elementary School
Grades K-5 • 0.9 mi
Railroad Canyon Elementary School
Grades K-5 • 1.4 mi
Cottonwood Canyon Elementary School
Grades K-5 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,716 | 2,541 | 61% |
| Lot Size | 12,197 | 7,405 | 86% |
| Price | $525.0K | $630.0K | 2% |
| Price per sq ft | $193 | $258 | 7% |
| Built year | 1993 | 2007 | 5% |
| HOA | $203.0 | $134 | 75% |
| Days on market | 277 | 184 | 87% |
Pricing History
Listed for Sale
Feb 28, 2026
$525,000
$703,000
-25% Price Drop
Initial Listing
Price Change
Oct 22, 2025
$703,000
Initial Listing
Price Change
Jun 3, 2025
$342,900
Initial Listing