29108 Tradewinds, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 5 bed, 3 bath
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29108 Tradewinds
Lake Elsinore, California 92530
ACTIVE
CONDITION: FAIR
5Beds
3Baths
2,539Sq Ft
8,712Lot Size
Property Price
LIST PRICE$675,000
EST. MARKET VALUE
$685,702
SUMMARY
This Spacious Lake View Home is a Strong Value Opportunity, listed at $699,900—positioned well below the $709,002 Fair Market Value by 1%. This valuation gap offers $9,102 in Instant Equity for the buyer. Featuring a Pool and Spa, Lake Views, and a versatile floor plan, the property maintains a Fair Condition Rating with 1990s-era finishes. It is an ideal acquisition for Owner-Occupants seeking a lifestyle upgrade or Value-Add Investors looking to modernize a well-located asset.
Estimated Market Value
$685,702
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 |
|---|---|---|---|---|---|---|
★ 29108 Tradewinds Subject | $675,000* List Price | 5 | 3 | 2,539 | $270 | - |
A 15475 Solstice Ct Sold | $660,000 | 4 | 3 | 2,499 | $264 | 0.4 mi |
B 29073 Forest View Sold | $628,000 | 3 | 3 | 1,857 | $338 | 0.2 mi |
C 3273 Ivy Court Sold | $710,000 | 4 | 3 | 2,090 | $340 | 0.5 mi |
D 15158 Etienne Street Sold | $650,000 | 5 | 3 | 2,305 | $282 | 0.8 mi |
E 265 S Pennsylvania Sold | $670,000 | 4 | 3 | 2,762 | $243 | 0.8 mi |
F 15344 Regatta Sold | $599,000 | 4 | 2 | 1,901 | $315 | 0.0 mi |
G 29248 Sandpiper Sold | $560,000 | 4 | 2 | 2,003 | $280 | 0.4 mi |
H 29483 Rock Point Sold | $560,000 | 5 | 3 | 2,000 | $280 | 0.7 mi |
I 30066 Lake Trail Pending | $599,000 List Price | 4 | 2 | 2,340 | $256 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1992 (32 years old), the property is exceptionally well-maintained and move-in ready, but falls into the 'Fair' category based on age and dated finishes. The kitchen retains original oak cabinetry and a 90s-style fluorescent light box, and while the bathrooms show some counter updates, the overall aesthetic and primary systems are over 20 years old and require modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Outdoor Entertainment Oasis
The backyard is a true entertainer's dream, featuring a sparkling pool and spa, a covered patio, and low-maintenance synthetic grass.
- Scenic Lake Views
The property offers breathtaking views of the lake, particularly from the luxurious master suite, adding significant aesthetic value and tranquility.
- Spacious & Flexible Layout
With 2,539 sqft, cathedral ceilings, and rooms currently configured as a stylish office and playroom, the floor plan offers great versatility for modern families.
CONSRISKS & DEFICIENCIES
- Modified Bedroom Configuration
Two of the original five bedrooms have been converted into specialized spaces, which may require additional effort or cost for buyers needing a traditional five-bedroom setup.
- 1990s Era Originality
Built in 1992, some elements like the built-in appliances and fixtures may feel dated to buyers looking for a completely modernized or contemporary aesthetic.
About 29108 Tradewinds
Look no further—this absolutely stunning and spacious pool home is located in a quiet cul-de-sac in a fantastic Lake Elsinore neighborhood. Enjoy proximity to parks, schools, shopping, and the freeway, all while taking in beautiful views of the lake! Gorgeous wood floors, cathedral ceilings, and vaulted ceilings in the master bedroom. Originally a five-bedroom home, the downstairs bedroom has been transformed into a stylish office with built-in desk and plantation shutters. An upstairs bedroom has been converted into a spacious playroom or additional living area—both can easily revert to bedrooms. Inviting Kitchen: Features a center island, ample counter space, and built-in appliances, perfect for home chefs! Spacious Living Areas: Large formal living and dining rooms, plus a separate family room with a cozy fireplace. Master Suite: Vaulted ceilings, a luxurious bath with dual sinks, a sunken tub, and a walk-in closet—all overlooking the beautiful lake view! Backyard Oasis: Enjoy a sparkling pool and spa, synthetic grass for easy maintenance, and a covered patio area—an entertainer's dream.This home is a rare find and won't last long on the market. Don't miss your chance to live in this gorgeous home with breathtaking views and incredible amenities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1992
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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 | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,539 | 1,997.676 |
| Lot Size | 8,712 | 7,302.624 |
| Price | $675.0K | $602.7K |
| Price per sq ft | $266 | $299 |
| Built year | 1992 | 2005 |
| HOA | $0 | $146 |
| Days on market | 40 | 65 |
Pricing History
Listed for Sale
Aug 18, 2026
$675,000
$699,900
-4% Price Drop
Initial Listing
Price Change
Jul 31, 2026
$699,900
Initial Listing
Sold
Mar 17, 2011
$250,000
Public Record
Sold
Jul 28, 2004
$472,000
Public Record