257 Ohio St, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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257 Ohio St
Lake Elsinore, California 92530
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,636Sq Ft
10,890Lot Size
Property Price
LIST PRICE$699,000
EST. MARKET VALUE
$661,641
5% AboveMARKET VALUE
SUMMARY
This Spacious Single-Story Pool Home is a Strong Value Opportunity, listed at $699,000—positioned well below the $661,642 Fair Market Value by -5%. While the list price exceeds the current valuation, the property offers significant long-term utility savings through 13 paid-off solar panels and a Good Condition Rating. Featuring a versatile layout with a primary and junior suite, this home is ideal for multigenerational living. The quarter-acre lot provides substantial ADU potential and outdoor amenities, making it a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants.
Estimated Market Value
$661,641
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 |
|---|---|---|---|---|---|---|
★ 257 Ohio St Subject | $699,000* List Price | 4 | 3 | 1,636 | $404 | - |
A 233 Southshore Sold | $545,000 | 4 | 2 | 1,410 | $387 | 0.1 mi |
B 15344 Regatta Sold | $599,000 | 4 | 2 | 1,901 | $315 | 0.6 mi |
C 127 N Massachusetts Sold | $615,000 | 4 | 2 | 1,585 | $388 | 0.3 mi |
D 29113 Tradewinds Circle Sold | $639,900 | 4 | 2 | 1,901 | $337 | 0.7 mi |
E 209 Ohio Sold | $510,000 | 3 | 2 | 1,256 | $406 | 0.1 mi |
F 281 Jessica Sold | $537,000 | 3 | 2 | 1,442 | $372 | 0.6 mi |
G 16550 Arnold Avenue Sold | $548,500 | 4 | 2 | 1,700 | $323 | 0.7 mi |
H 142 N Massachusetts Sold | $540,000 | 3 | 2 | 1,365 | $396 | 0.2 mi |
I 16500 Running Deer Road Active | $585,000 List Price | 4 | 2 | 1,615 | $362 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1981, the property has undergone significant renovations that place it in the 'Good' category. The kitchen features modern white shaker cabinets and stainless steel appliances, and the bathrooms have been recently remodeled with contemporary tile work and fixtures. With central HVAC, paid-off solar panels, and a well-maintained pool area, the home is functional and 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 = 10890, living area = 1636.
- Multigenerational Layout
The home features a highly versatile floor plan with both a primary suite and a junior suite, each offering private bathrooms, making it ideal for extended family or guests.
- Outdoor Amenities & Energy Efficiency
The property includes a private pool and spa, RV parking, and 13 paid-off solar panels, providing both a premium lifestyle and significant long-term utility savings.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Square Footage Discrepancy
There is a notable discrepancy between the recorded 1,636 sq. ft. and the advertised 2,035 sq. ft., which may require verification and could impact appraisal valuations.
- Age of Core Systems
Built in 1981, the property may require updates to original infrastructure or major systems not mentioned as remodeled, despite the recent bathroom upgrades.
About 257 Ohio St
Welcome to this spacious single-story pool home in Lake Elsinore! Featuring 4 bedrooms, 3 full bathrooms, and approximately 2,035 sq. ft. of living space, this home offers a versatile layout with both a primary suite and a junior suite, each with its own private bathroom—ideal for multigenerational living, guests, or extended family. Situated on a generous quarter-acre lot, the backyard is designed for entertaining and features a private pool and spa, putting green, RV parking, and plenty of space to relax, entertain, or explore the potential for a future ADU. Inside, you'll find remodeled bathrooms, tile flooring, central air and heat, and a fireplace. Additional highlights include an attached 2-car garage with 220V power and 13 paid-off solar panels. Currently being used as an Airbnb, this property also offers an exciting opportunity for buyers looking for a primary residence, vacation home, or potential income-producing investment property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1981
- Lot Size
- 10,890 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 3.0 | 3.0 |
| Square foot | 1,636 | 1,997.676 |
| Lot Size | 10,890 | 7,302.624 |
| Price | $699.0K | $602.7K |
| Price per sq ft | $427 | $299 |
| Built year | 1981 | 2005 |
| HOA | $0 | $146 |
| Days on market | 21 | 65 |
Pricing History
Listed for Sale
Aug 19, 2026
$699,000
Initial Listing
Sold
Feb 7, 2025
$600,000
Public Record
Sold
Feb 22, 2019
$345,000
Public Record
Sold
Jun 25, 2012
$165,000
Public Record