221 Matich Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 1 bath
ACTIVE$489,900
221 Matich Street, Lake Elsinore, California 92530
2Beds
1Bath
1,008Sqft
6,098Lot
Year Built
1963
Close
-
List price
$490K
Original List price
$500K
Price/Sqft
$486
HOA
-
Days on market
-
Sold On
-
MLS number
PW25191212
Home ConditionExcellent
Features
Good View: City Lights, Hills, Lake
ViewCity Lights,Hills,Lake
About this home
Possibly Over-Priced:The estimated price is 7% below the list price. We found 3 Cons,5 Pros. Rank: price - $489.9K(12th), sqft - 1008(3th), beds - 2(7th), baths - 1(3th).
Amazing!!! beautifully Home!!! COMPLETELY REMODELED!!! offering comfort and functionality. 2 bedrooms, 1 bath. Laundry inside. New roof. One-car garage and lots of space in the front and back for more cars with a rear access alley. Two blocks from the Lake. Close to schools, church, shops, Markets and restaurants.
Price History
Date
Event
Price
10/15/25
Price Change
$489,900-2.0%
08/26/25
Listing
$499,999
Condition Rating
Excellent
Despite being built in 1963, the property has been 'COMPLETELY REMODELED' as stated in the description, and the images strongly support this claim. The kitchen features modern white shaker cabinets, light-colored countertops, subway tile backsplash, stainless steel appliances, and recessed lighting, all appearing new. The bathroom is equally updated with a modern vanity, new fixtures, and subway tile in the shower. New light-toned LVP/laminate flooring and fresh paint are consistent throughout the living areas and bedrooms. A new roof is also specified. These extensive and high-quality updates bring the property to a virtually new condition, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Completely Remodeled: The property has been completely remodeled, offering modern comfort and functionality, which significantly enhances its appeal and reduces immediate renovation needs for a buyer.
Lake Proximity & Views: Located just two blocks from Lake Elsinore and boasting desirable City Lights, Hills, and Lake views, providing a highly attractive lifestyle and potential for appreciation.
New Roof: A new roof has been installed, eliminating a major potential expense and maintenance concern for the new homeowner.
Convenient Location: The home is conveniently located close to schools, churches, shops, markets, and restaurants, offering easy access to essential amenities and services.
Ample Parking & Rear Access: Beyond the one-car garage, the property offers significant space in the front and back for additional parking, complemented by a rear access alley, which is a valuable asset for multiple vehicles or guests.
Cons
Older Construction: Despite being remodeled, the property was built in 1963, which may imply older underlying infrastructure or a layout that might not appeal to all modern preferences.
Limited Bathrooms: With only one bathroom for a two-bedroom home, this could be a functional limitation for some buyers, especially families or those who prefer more private facilities.
Potential Overpricing: The current listing price is 6% higher than the estimated property value, which could suggest it is priced above market expectations and potentially lead to longer market time or negotiation challenges.