20907 Malaga Road, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 2 bath
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20907 Malaga Road
Lake Elsinore, California 92530
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,435Sq Ft
7,841Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$521,488
5% AboveMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $550,000—positioned above the $521,488 Fair Market Value. While currently priced slightly above market, the property features a Condition Rating of 3, offering a functional, move-in ready interior. Key assets include a spacious 7,841 sq. ft. corner lot and an oversized 505 sq. ft. garage, providing rare storage utility. With low 1.2% taxes and no HOA restrictions, this home offers long-term financial stability. It is an ideal acquisition for first-time buyers or owner-occupants seeking a versatile, low-maintenance property.
Estimated Market Value
$521,488
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 |
|---|---|---|---|---|---|---|
★ 20907 Malaga Road Subject 4 bd · 2 ba · 1,435 sqft · $363 | $550,000* List Price | 4 | 2 | 1,435 | $363 | - |
A 32512 Wildomar Sold 3 bd · 2 ba · 1,438 sqft · $330 · 0.3 mi | $475,000 | 3 | 2 | 1,438 | $330 | 0.3 mi |
B 29428 Golden Glove Sold 3 bd · 2 ba · 1,739 sqft · $336 · 0.4 mi | $584,000 | 3 | 2 | 1,739 | $336 | 0.4 mi |
C 29467 Village Parkway Sold 4 bd · 3 ba · 1,856 sqft · $364 · 0.4 mi | $675,000 | 4 | 3 | 1,856 | $364 | 0.4 mi |
D 29480 Major League Sold 3 bd · 2 ba · 1,868 sqft · $297 · 0.3 mi | $555,000 | 3 | 2 | 1,868 | $297 | 0.3 mi |
E 29546 Major League Sold 3 bd · 2 ba · 1,920 sqft · $299 · 0.3 mi | $575,000 | 3 | 2 | 1,920 | $299 | 0.3 mi |
F 29324 Wild Lilac Sold 3 bd · 2 ba · 1,941 sqft · $296 · 0.9 mi | $575,000 | 3 | 2 | 1,941 | $296 | 0.9 mi |
G 29530 Major League Active 3 bd · 2 ba · 1,920 sqft · $318 · 0.3 mi | $610,000 List Price | 3 | 2 | 1,920 | $318 | 0.3 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 2005, the property falls within the 10-20 year age bracket. It features a durable tile roof and central HVAC system. While the exterior landscaping and porch railing show signs of deferred maintenance, the interior appears functional with some flooring updates, making it move-in ready.
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 = 7841, living area = 1435.
- Financial Advantages
The property offers significant long-term savings with a low tax rate of approximately 1.2% and the absence of HOA fees and restrictive rules.
- Enhanced Lot and Storage
Situated on a spacious 7,841 sq. ft. corner lot, the home features an oversized 505 sq. ft. garage, providing considerably more storage or workshop space than the area standard.
CONSRISKS & DEFICIENCIES
- Compact Interior Layout
Fitting four bedrooms into 1,435 square feet results in a high-density floor plan that may lead to smaller individual bedroom sizes and limited common living areas.
- Lack of Scenic Views
Despite being located in a region known for its natural beauty, the property listing indicates no views, which may be a disadvantage compared to other homes in the Lake Elsinore market.
About 20907 Malaga Road
Single story home : 4 bedroom 2 bath . Year 2005 , 1435 square feet , on a .18 / 7,841 sq foot corner lot - 105 by 78 deep lot +/-, Tile roof . Just a few minutes to the 15 freeways for easy on and off highway access. Lake Elsinore offer so much : Golfing , Camping , Casino / Cards , MX tract , Sky diving, Water sports, Walking trails , Ball games, Hiking , Biking , Movies , Bowling alley , temecula winerys and dining and much more . Central heat and AC. Walk to shopping and dining , Low Taxes 1.2% +/- and NO HOA Rules . larger garage at 505 square feet - typical is 400 sq ft . See remarks .
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,435 | 2,014.188 |
| Lot Size | 7,841 | 7,537.856 |
| Price | $550.0K | $605.8K |
| Price per sq ft | $383 | $297 |
| Built year | 2005 | 2005 |
| HOA | $0 | $143 |
| Days on market | 40 | 70 |
Pricing History
Listed for Sale
Sep 15, 2026
$550,000
Initial Listing
Sold
Jul 18, 2008
$149,500
Public Record
Sold
Oct 15, 2004
$275,000
Public Record
Sold
Feb 20, 2004
$80,000
Public Record
Sold
Oct 16, 2001
$30,000
Public Record