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237 E Prospect Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 6 bed, 3 bath

237 E Prospect Street, Lake Elsinore, California 92530 home-pic-0
ACTIVE$900,000
237 E Prospect Street, Lake Elsinore, California 92530
6Beds
3Baths
2,369Sqft
7,405Lot
Year Built
2025
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$380
HOA
-
Days on market
-
Sold On
-
MLS number
TR25254372
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $900.0K(67th), sqft - 2369(67th), beds - 6(83th), baths - 3(83th).

CONSTRUCTION COMPLETED!!! Brand-New Contemporary 2 UNITS– Welcome to your dream home. The 2 units will be delivered with all permits from the City of Lake Elsinore. Notice the high ceilings. This stunning 4-bedroom, 2-bathroom primary residence is designed for comfort and modern living, offering an elegant open floor plan with high-quality finishes. For added versatility, the property includes a second unit, spacious Accessory Dwelling Unit (ADU) featuring 2 bedrooms and 1 bathroom, perfect for extended family or rental income potential. The entire property spans an impressive 2,369 sq. ft. of well-designed space. Additional highlights include: - Attached 2-car garage, and more extra parking, providing convenience and secure parking. - Prime location, situated near the 15 Freeway for easy commuting. - Close proximity to the lake, ideal for outdoor enthusiasts who enjoy nature, fishing, and recreational activities. A rare opportunity to own a brand-new home in a desirable location! Secure your future residence now and enjoy the benefits of modern construction and design. Seller is motivated.

Price History

Date
Event
Price
11/05/25
Listing
$900,000
05/31/24
Sold
$60,000
09/18/18
Sold
$430,000
Condition Rating
Excellent
This property is a brand-new construction, completed in 2025, featuring contemporary design, high-quality finishes, and modern appliances throughout. The kitchen boasts new shaker-style cabinets, dark countertops, and stainless steel appliances. Bathrooms, though not fully pictured, are expected to match the new construction quality. All components are new, meeting current standards with no deferred maintenance, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

Brand New Construction: The property is brand-new (built 2025) and recently completed, offering modern standards, high-quality finishes, and minimal immediate maintenance concerns.
Income-Generating ADU: Features a spacious 2-bedroom, 1-bathroom Accessory Dwelling Unit (ADU), providing significant potential for rental income or multi-generational living.
Modern Design & Features: Boasts a contemporary design with an elegant open floor plan, high ceilings, and high-quality finishes throughout the 2,369 sq. ft. of living space.
Strategic Location: Offers excellent accessibility near the 15 Freeway for commuting and close proximity to Lake Elsinore for recreational activities.
Ample Parking: Includes an attached 2-car garage plus additional extra parking, ensuring convenience and secure vehicle storage.

Cons

Generic View: The property description only specifies a 'Neighborhood' view, lacking any unique or panoramic scenic advantages that could enhance value.
Seller Motivated Implication: The 'Seller is motivated' note might suggest a potential for price pressure or a longer time on market, which could be perceived as a slight disadvantage in a competitive market.
Listing Date Inconsistency: The 'on_market_date' and 'modified_timestamp' are listed in the future (2025), which is a significant data inconsistency for an 'Active' and 'CONSTRUCTION COMPLETED' listing, potentially causing confusion.

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