
Lake Elsinore, California 92530
This Turnkey Single Family Residence is a Prime Investment Opportunity, listed at $674,900—positioned well below the $694,117 Fair Market Value by 2%. This valuation gap offers $19,217 in Instant Equity. Featuring a 2025 renovation with a new kitchen, luxury flooring, and HVAC, the home maintains an Excellent Condition Rating. With fully paid solar, panoramic mountain views, and RV/boat parking, this property offers significant lifestyle utility. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a modern, energy-efficient sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28900 Bayberry Drive Subject | $674,900* List Price | 3 | 3 | 2,126 | $326 | - |
A 3273 Ivy Court Sold | $710,000 | 4 | 3 | 2,090 | $340 | 0.5 mi |
B 16511 Kiwi Sold | $710,000 | 5 | 3 | 2,249 | $316 | 0.2 mi |
C 29100 Oak Grove Sold | $710,000 | 4 | 4 | 2,557 | $278 | 0.3 mi |
D 29508 Westwind Sold | $678,000 | 4 | 3 | 2,214 | $306 | 0.5 mi |
E 16496 Nectarine Way Sold | $625,000 | 4 | 2 | 1,606 | $389 | 0.2 mi |
F 29116 Outrigger Sold | $659,000 | 4 | 3 | 2,176 | $303 | 0.7 mi |
G 29144 Oak Grove Active | $675,000 List Price | 3 | 2 | 2,009 | $336 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the property underwent a comprehensive renovation in 2025, including a brand-new kitchen with quartz countertops, new luxury flooring, and fresh paint. Key systems were also updated with a new heater and AC in 2025, meeting the criteria for mint condition with no maintenance required.
The property features fully paid solar panels and a brand-new 2025 HVAC system, which combined with no HOA fees and low taxes, offers significant long-term financial savings.
Extensive 2025 renovations including new luxury flooring, quartz countertops, and fresh interior paint provide a contemporary, move-in-ready experience for the buyer.
Situated on a large pool-sized lot with no rear neighbors, the property offers panoramic mountain views and highly desirable dedicated RV/boat parking.
Despite having over 2,100 square feet of living space, the home currently only offers three dedicated bedrooms, which may limit its appeal to larger families.
The property was purchased in late 2024 for $650,000; the current list price reflects a rapid markup that may face appraisal challenges despite the recent interior upgrades.
UPGRADED & MOVE-IN READY | LOFT/OPTIONAL 4TH BEDROOM | LARGE LOT | GORGEOUS VIEWS | FULLY PAID SOLAR | 3-CAR GARAGE | BOAT/RV PARKING | NO HOA | LOW TAXES | Welcome to the Lake Elsinore home that checks all the boxes—space to gather, room to grow, incredible mountain views, and a backyard just waiting for your dream setup. From the delightful covered front porch, step inside to a freshly painted interior (2025) filled with natural light and gorgeous NEW luxury flooring (2025) throughout the entire home! The inviting Living Room centers around a gas fireplace, while the nearby formal Dining Room is ready for holiday dinners and celebrations. At the heart of the home is the beautifully UPGRADED Kitchen (2025) featuring quartz countertops and backsplash, stainless-steel appliances, an island with breakfast bar seating, deep sink overlooking the backyard, and a large walk-in pantry. The casual Dining area keeps everyday meals easy while connecting seamlessly to the living space and the outdoors for great entertaining flow! Upstairs, the expansive Primary Suite feels like a true retreat with double-door entry, TWO closets—including an oversized walk-in—and an Ensuite Bathroom with dual vanities, soaking tub, walk-in shower, and privacy door. Two additional bedrooms offer plenty of space for family and guests, while a second bathroom upstairs has a dual-sink vanity and tub/shower combination. The loft is perfect as an entertaining space or is easily convertible into the builder's optional 4th bedroom! A separate laundry room with storage and GE washer and dryer make everyday life much easier and the 3rd bathroom downstairs adds extra convenience. Now let's talk backyard! With no neighbors directly behind you, panoramic mountain views, and a pool-sized lot, this space has serious potential -- think summer BBQs, a future pool, evenings under the stars, and everyone's favorite place to hang out. This home has sooooo many extras: Fully paid solar, a NEW heater (2025) and NEW AC (2025), LED lighting, insulated garage doors, new backyard slider with doggy door, updated bathroom faucets, lighting and vents and RV/boat parking! Enjoy quick access to 15 Expressway, 74, 91 & 71 Freeways, & 241 Toll Road and conveniently located near shopping centers, theaters, and schools. Spacious, upgraded, energy-efficient, and surrounded by views—this is the kind of home you can settle into! Welcome home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,126 | 1,997.676 |
| Lot Size | 7,841 | 7,302.624 |
| Price | $674.9K | $602.7K |
| Price per sq ft | $317 | $299 |
| Built year | 2003 | 2005 |
| HOA | $0 | $146 |
| Days on market | 14 | 65 |
Aug 26, 2026
$674,900
Initial Listing
Nov 25, 2024
$650,000
Public Record
Feb 4, 2020
$404,000
Public Record
Jul 24, 2015
$342,000
Public Record
Jul 1, 2010
$230,000
Public Record
Apr 21, 2010
$168,000
Public Record