29102 Crabapple, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath

29102 Crabapple, Lake Elsinore, California 92530 home-pic-0

29102 Crabapple

Lake Elsinore, California 92530

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,263Sq Ft
7,022Lot Size

Property Price

LIST PRICE$673,000
EST. MARKET VALUE
$626,587
7% AboveMARKET VALUE

SUMMARY

Analysis of 29102 Crabapple, Lake Elsinore, California 92530 reveals a property with a current list price of $673,000, which is 7% above the estimated $626,587 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$626,587
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
29102 Crabapple
Subject
$673,000*
List Price
332,263$277-
A
29162 Brittbush
Sold
$635,000432,442$2600.4 mi
B
29133 Carrotwood
Sold
$628,000442,442$2570.4 mi
C
29120 Tanoak
Sold
$634,500432,442$2600.4 mi
D
29362 Wild Lilac
Sold
$600,000432,309$2600.4 mi
E
29102 Carrotwood
Sold
$629,000332,304$2730.4 mi
F
29217 Date Palm
Sold
$615,000432,097$2930.3 mi
G
29115 Brittbush
Pending
$634,990
List Price
332,304$2760.3 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2021, this property is in like-new condition and meets all modern quality standards. The interior features a gourmet kitchen with contemporary white soft-close cabinetry, designer granite countertops, and stainless steel appliances. The home includes high-efficiency systems such as a tankless water heater and solar panels, with no visible deferred maintenance or physical depreciation.

PROSSTRENGTHS & OPPORTUNITIES

  • Exceptional Storage & RV Accommodations

    The property features a rare 420-sqft permitted storage building with roll-up doors and dedicated RV/boat parking with 12-foot gates, providing immense value for hobbyists and outdoor enthusiasts.

  • Modern Turn-Key Condition

    Built in 2021, this move-in-ready home offers contemporary upgrades including a gourmet kitchen with granite countertops, soft-close cabinetry, and energy-efficient features like a tankless water heater.

  • Scenic Community Location

    Situated in the desirable Summerly community, the home boasts beautiful lake and mountain views while offering close proximity to golf courses, parks, and easy 15-freeway access.

CONSRISKS & DEFICIENCIES

  • Solar Lease Obligation

    The solar panels are under a lease agreement rather than being owned, which requires the buyer to assume ongoing monthly payments and contractual terms.

  • Modest School Ratings

    The assigned public schools have ratings ranging from 3 to 5, which may be a consideration for families prioritizing high-performing educational districts.

About 29102 Crabapple

Welcome to Your New Home in the Highly Desirable Summerly Community!This beautifully upgraded and move-in-ready two-story single-family home offers everything you've been searching for--space, comfort, and incredible views! Nestled in a newly developed neighborhood, this 3-bedroom, 3-bathroom gem features a spacious open layout with a large loft, formal living room, cozy family room, and a 2-car garage.Step into the bright and airy family room, complete with light-catching windows and built-in surround sound--perfect for entertaining or relaxing. The adjacent dining area seamlessly connects to the gourmet kitchen, creating an ideal open-concept living space. The kitchen boasts a large center island with designer granite countertops, soft-close white cabinetry, stainless steel appliances, recessed lighting, and a generous walk-in pantry.Upstairs, you'll find a spacious loft, two secondary bedrooms, a full bathroom, and a luxurious primary suite. The primary suite features a large bedroom, walk-in shower, dual vanities, and an expansive walk-in closet.Step outside to a low-maintenance backyard loaded with upgrades--including a recently built 420-sqft storage room with two 7-foot roll-up doors and a separate man door. Whether you need space for work equipment, golf carts, dirt bikes, or quads, this area has you covered. The property also includes 12-foot RV gates, a permitted RV/boat driveway and parking area--eliminating the need for off-site storage!Additional highlights include:Low-lease solar panelsTankless water heaterFire sprinkler systemSeven added windows for enhanced natural lightConveniently located near shopping, golf course, parks, walking trails, lake activities, Storm Stadium, and the 15 freeway--this home truly has it all.Don't miss your chance--this stunning home is a must-see!

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2021
Lot Size
7,022 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$135.0 / Month

Neighborhood Insights

Lake Elsinore Unified Schools

William Collier Elementary School

Grades K-5 • 2.0 mi

4/10

Wildomar Elementary School

Grades K-5 • 3.5 mi

5/10

David A. Brown Middle School

Grades 6-8 • 4.1 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
49%
Baths3.03.0
50%
Square foot2,2631,868
69%
Lot Size7,0227,841
40%
Price$673.0K$595.0K
82%
Price per sq ft$297$319
40%
Built year20212004
72%
HOA$135.0$0
81%
Days on market2193
1%

Pricing History

Listed for Sale

Mar 5, 2026

$673,000

Initial Listing

Sold

Feb 25, 2022

$624,000

Public Record

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