
Lake Elsinore, California 92532
This Modern Single Family Residence is a High-Potential Investment Opportunity, listed at $625,000—positioned well below the $648,165 Fair Market Value by 3%. This valuation gap offers $23,165 in Instant Equity for the buyer. Featuring an Excellent Condition Rating (2018 build), this home includes a Granite Kitchen, solar electricity, and a versatile loft. Located in the gated Westridge community, it offers a resort-style lifestyle. This property is an ideal acquisition for Owner-Occupants seeking turnkey comfort or first-time buyers prioritizing long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24232 Pansy Way Subject | $625,000* List Price | 4 | 3 | 2,358 | $275 | - |
A 24526 Snapdragon Way Sold | $620,000 | 4 | 3 | 2,495 | $248 | 0.3 mi |
B 24206 Dandelion Court Sold | $640,000 | 4 | 3 | 2,545 | $251 | 0.1 mi |
C 24429 Payton Drive Sold | $635,000 | 4 | 3 | 3,091 | $205 | 0.2 mi |
D 31920 Cedarhill Sold | $680,000 | 5 | 4 | 2,630 | $259 | 0.5 mi |
E 31952 Cedarhill Lane Sold | $682,000 | 5 | 3 | 2,902 | $235 | 0.7 mi |
F 24458 Preston Court Active | $730,000 List Price | 4 | 3 | 2,979 | $245 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this 8-year-old home meets the under 10-year criteria for excellent condition. The kitchen and baths feature modern finishes like granite countertops and rich cabinetry, while the systems are contemporary, including the addition of solar electricity. The property is meticulously maintained and move-in ready with no visible maintenance needs.
Built in 2018, this home features a highly desirable open-concept floor plan with a full bedroom and bathroom on the main level, ideal for guests, a home office, or multigenerational living.
Located in the Westridge community, residents enjoy premium amenities including a pool, spa, dog park, and tennis courts, providing a high-end lifestyle and added security.
The property includes solar panels to help manage energy costs and is situated on a spacious corner lot, offering a larger, low-maintenance backyard with enhanced privacy.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6233, other record lot size in square feet = 4356.
The $229 monthly association fee adds a significant recurring expense to the carrying costs, which may impact the overall affordability for some buyers.
Despite its location in Lake Elsinore, the property listing indicates no specific views, which may be a drawback compared to neighboring homes that offer mountain or lake vistas.
Welcome to Westridge, a gated, resort-style community in the heart of Canyon Hills. This meticulously maintained corner-lot home offers four bedrooms, three bathrooms, a spacious loft and an impressive list of upgrades. The open-concept main level features a well-appointed kitchen with granite countertops, rich cabinetry and ample workspace, flowing seamlessly into the dining and living areas. A full bedroom and bathroom downstairs provide an ideal setup for guests, multigenerational living or a private home office. Upstairs, you’ll find generously sized secondary bedrooms, a versatile loft and a spacious primary suite complete with an en-suite bathroom and walk-in closet. Large windows throughout the home fill the interior with natural light, creating a bright and welcoming atmosphere. The oversized, low-maintenance backyard offers plenty of room to design your own outdoor retreat, with space for a garden, patio, play area or future entertaining features. The home also includes solar electricity with a monthly payment of approximately $87, helping keep energy costs manageable. Westridge residents enjoy resort-style amenities, including a community pool and spa, barbecue areas, playgrounds, a dog park and tennis courts. Conveniently located near schools, shopping, dining and commuter routes, this move-in-ready home offers an exceptional combination of comfort, space and community living.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.9 mi
Grades K-5 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,358 | 1,997.676 |
| Lot Size | 6,233 | 7,302.624 |
| Price | $625.0K | $602.7K |
| Price per sq ft | $265 | $299 |
| Built year | 2018 | 2005 |
| HOA | $229.0 | $146 |
| Days on market | 39 | 65 |
Aug 1, 2026
$625,000
Initial Listing