
Lake Elsinore, California 92530
This Modern Turnkey Residence is a Prime Investment Opportunity, listed at $615,000—positioned well below the $634,816 Fair Market Value by 3%. This valuation gap offers $19,816 in Instant Equity. Boasting an Excellent Condition Rating, this 2021 Meritage home features paid-off solar, a granite kitchen, and mountain views. Located in the resort-style Summerly community near Lake Elsinore Unified schools, it combines energy efficiency with a premium lifestyle. It is the perfect fit for growing families or multigenerational households seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29105 Gardenia Subject | $607,000* List Price | 4 | 4 | 2,049 | $300 | - |
A 29115 Longleaf Sold | $590,000 | 4 | 3 | 2,049 | $288 | 0.1 mi |
B 29132 Gardenia Sold | $580,000 | 4 | 3 | 1,850 | $314 | 0.1 mi |
C 29127 Longleaf Sold | $575,000 | 4 | 3 | 1,850 | $311 | 0.1 mi |
D 29217 Date Palm Sold | $615,000 | 4 | 3 | 2,097 | $293 | 0.3 mi |
E 29157 Sunforest Sold | $575,000 | 3 | 3 | 2,263 | $254 | 0.1 mi |
F 29306 Summer House Lane Sold | $549,999 | 4 | 3 | 1,769 | $311 | 0.4 mi |
G 29077 Soraya Active | $615,000 List Price | 4 | 3 | 1,929 | $319 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this modern Meritage home is in pristine, turn-key condition, meeting the highest quality standards. The interior features contemporary upgrades including waterproof LVP flooring, plantation shutters, and a stylish kitchen equipped with granite countertops, white cabinetry, and stainless steel appliances. With energy-efficient systems like paid-off solar and a tankless water heater, the property shows no signs of deferred maintenance.
The property features fully paid-off solar panels, a tankless water heater, and a RainSoft water softener system, offering significant long-term utility savings and modern convenience.
Built in 2021, this Meritage home is move-in ready with high-end finishes including waterproof LVP flooring, plantation shutters, and a stylish kitchen with granite countertops and a large island.
The layout includes a highly desirable downstairs bedroom and full bath, providing an ideal setup for guests, a home office, or multigenerational living arrangements.
At approximately 4,356 square feet, the lot is relatively small, which limits private backyard space for gardening or extensive outdoor recreation.
The local schools assigned to this address have modest ratings ranging from 3 to 5, which may be a drawback for families specifically seeking top-tier educational districts.
Turn-Key Summerly Home with PAID OFF SOLAR! Beautifully upgraded 4 bedroom, 3 bathroom Meritage home featuring abundant natural light, recessed lighting with dimmers, plantation shutters, a tankless water heater, and paid off RainSoft water softener system. The backyard includes a large patio for entertaining and the low maintenance front yard includes artificial turf. The stylish kitchen features white cabinetry, stainless farmhouse-style pulls, white subway tile backsplash, black granite countertops, stainless steel appliances, a walk-in pantry, and a large island with seating for four. The open layout flows into the dining area and living room with ceiling fan. Upgraded waterproof LVP flooring downstairs and neutral carpet upstairs complement any décor. A downstairs bedroom with easily accessible bath is perfect for guests or multigenerational living. Upstairs includes a laundry room with built-in shelving, two secondary bedrooms, and a spacious primary suite with a versatile nook, oversized walk-in shower, dual sinks, private toilet room, and large walk-in closet. The garage offers overhead storage. Residents of the Summerly community in Lake Elsinore enjoy resort-style amenities including pools, splash pad, sports fields, parks, trails, and nearby Lake Elsinore Diamond Stadium. Conveniently located minutes from the Interstate 15, Lake Elsinore, shopping, dining, and everyday essentials.
No exterior & parking available.
Grades K-5 • 2.0 mi
Grades K-5 • 3.5 mi
Grades 6-8 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 90% |
| Square foot | 2,049 | 1,928 | 56% |
| Lot Size | 4,356 | 7,405 | 12% |
| Price | $607.0K | $595.0K | 57% |
| Price per sq ft | $296 | $309 | 45% |
| Built year | 2021 | 2004 | 71% |
| HOA | $135.0 | $0 | 80% |
| Days on market | 41 | 195 | 2% |
Apr 11, 2026
$607,000
$615,000
-1% Price Drop
Initial Listing
Mar 12, 2026
$615,000
Initial Listing
May 4, 2023
$549,000
Public Record
Mar 17, 2021
$485,500
Public Record