29104 Outrigger Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
29104 Outrigger Street
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 29104 Outrigger Street, Lake Elsinore, California 92530 reveals a property with a current list price of $665,000, which is 3% above the estimated $643,511 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29104 Outrigger Street Subject | $665,000* List Price | 4 | 3 | 2,285 | $282 | - |
A 15031 Valencia Way Sold | $695,000 | 4 | 3 | 2,247 | $309 | 0.2 mi |
B 179 S Massachusetts Sold | $580,000 | 4 | 3 | 1,928 | $301 | 0.5 mi |
C 15139 Camphor Way Sold | $650,000 | 4 | 3 | 1,901 | $342 | 0.8 mi |
D 29110 Wayfarer Lane Sold | $710,000 | 4 | 3 | 2,176 | $326 | 0.4 mi |
E 15242 Washington Sold | $597,000 | 4 | 3 | 2,459 | $243 | 0.6 mi |
F 29508 Westwind Pending | $678,000 List Price | 4 | 3 | 2,214 | $306 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant modern updates that exceed its 1992 build year. The kitchen has been extensively renovated with a modern central island, sleek tile backsplash, and stainless steel appliances. Throughout the home, the flooring has been updated to contemporary hard surfaces, and the bathrooms feature modernized vanities and fixtures. While the interior reflects recent aesthetic renovations, the property is categorized as 'good' rather than 'excellent' due to its 30-plus year age, as major structural systems like the roof and HVAC may be approaching the end of their typical lifecycles despite the high-quality interior finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Modernized Kitchen
The open-concept kitchen serves as a focal point with its sleek backsplash, ample counter space, and a modern central island, catering perfectly to contemporary culinary needs.
- Outdoor Entertaining Space
The property features a beautifully landscaped backyard equipped with a patio cover, offering a ready-to-use space for outdoor dining and social gatherings.
- Scenic Mountain Views
The home offers desirable mountain views, providing a picturesque backdrop that enhances the overall ambiance and aesthetic value of the residence.
CONSRISKS & DEFICIENCIES
- Property Age
Built in 1992, the home may soon require capital improvements for aging systems such as the roof or HVAC if they have not been recently updated.
- Standard Lot Size
At 6,970 square feet, the lot size is relatively standard for the area, which may be a limitation for buyers seeking expansive private grounds or significant outdoor additions.
About 29104 Outrigger Street
Welcome to Desire community, a 4-bedroom, 3-bathroom property, with 2,285 sq/ft of living space. Step inside and be a greeter in the light-filled living room, featuring large windows and an inviting fireplace perfect for a cozy evening in. The open-concept kitchen with a dining area is a chef's dream, with sleek backsplash, ample counter space and a modern kitchen Island finished throughout. The master suite is a peaceful retreat, with a bathroom and plenty of closet space. The additional bedrooms are generously sized, perfect for gues of a family member, Outside, enjoyed the beautiful lascaped backyard complete with a Patio Cover perfect for entertaining. This stunning home is in a desirable neighborhood, with close schools, with easy access to shopping, dining, and entertainment. Don't, miss this opportunity to make this house your own house!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 6,970 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,285 | 1,868 | 69% |
| Lot Size | 6,970 | 7,841 | 40% |
| Price | $665.0K | $595.0K | 79% |
| Price per sq ft | $291 | $319 | 39% |
| Built year | 1992 | 2004 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 406 | 194 | 98% |
Pricing History
Listed for Sale
Jan 25, 2025
$665,000
Initial Listing