29113 Tradewinds Circle, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 2 bath
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Lake Elsinore, California 92530
This Single-Story Pool Home represents a Strong Value Opportunity, listed at $639,900—positioned well below the $660,549 Fair Market Value by 3%. This valuation gap provides $20,649 in Instant Equity for the buyer. With a Condition Rating of 3, the home features a Full Plumbing Repipe, 24 Paid-Off Solar Panels, and a Private Pool on a large 10,454 sqft lot. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready, energy-efficient residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29113 Tradewinds Circle Subject | $639,900* List Price | 4 | 2 | 1,901 | $347 | - |
A 16496 Nectarine Way Sold | $625,000 | 4 | 2 | 1,606 | $389 | 0.5 mi |
B 3273 Fig Court Sold | $660,000 | 4 | 3 | 2,090 | $316 | 0.5 mi |
C 15062 Amorose Street Sold | $615,000 | 4 | 2 | 2,232 | $276 | 1.0 mi |
D 29193 Sunswept Drive Sold | $575,000 | 4 | 2 | 1,771 | $325 | 0.3 mi |
E 29110 Wayfarer Lane Sold | $710,000 | 4 | 3 | 2,176 | $326 | 0.4 mi |
F 16513 Mountain Sold | $619,000 | 4 | 2 | 1,656 | $374 | 0.4 mi |
G 15344 Regatta Active Under Contract | $599,000 List Price | 4 | 2 | 1,901 | $315 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1992 (32 years old), the property is well-maintained and functional. It features significant system and cosmetic updates including a full plumbing repipe, 24 solar panels, granite kitchen countertops, and stainless steel appliances. While some elements like the oak cabinetry and carpeting are dated, the home is move-in ready with major maintenance items addressed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10454, living area = 1901.
The inclusion of 24 solar panels, to be paid off by the seller at closing, provides the new owner with immediate equity and substantial long-term savings on utility costs.
The property features a private pool, a spacious 10,454 sqft lot, and dedicated RV parking with no HOA restrictions, offering rare flexibility for recreation and storage.
Built in 1992, the interior may require modern cosmetic renovations to the kitchen and bathrooms to compete with newer contemporary builds in the area.
While located near the lake, the property offers a standard neighborhood view rather than premium lake or mountain vistas, which may impact its competitive positioning for view-oriented buyers.
Welcome to this inviting single-story pool home located in the City of Lake Elsinore, offering comfort, convenience, and a great layout for everyday living. This home features 4 bedrooms, 2 bathrooms, and approximately 1,901 square feet of living space. The open floor plan creates a spacious feel throughout the main living areas, making it easy to enjoy both relaxing and entertaining. Step outside to your private pool area, perfect for enjoying warm Southern California days with family and friends. The property also features a spacious RV parking area with plenty of room for recreational vehicles, boats, trailers, or additional parking needs, a great bonus for those needing extra space. With no HOA, you’ll have even more flexibility and freedom to truly enjoy your property. The home includes 24 solar panels, which will be paid off by the seller at close of escrow, providing added value and energy efficiency for the future owner. Additional recent improvements include a plumbing repipe, renovated patio cover, and updated fencing, helping make the home even more move-in ready and enjoyable. Conveniently located less than 10 minutes from the lake, this property also offers easy access to Ortega Highway for commuting, along with nearby hiking trails, shopping, dining, and Lakeside High School. A comfortable and well-located home with great features, outdoor enjoyment, thoughtful updates, and easy access to everything the area has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,901 | 1,928 | 49% |
| Lot Size | 10,454 | 7,319 | 82% |
| Price | $639.9K | $595.0K | 70% |
| Price per sq ft | $337 | $306 | 69% |
| Built year | 1992 | 2003 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 169 | 2% |
May 21, 2026
$639,900
Initial Listing
Jan 10, 2020
$405,000
Public Record
Mar 11, 2011
$212,000
Public Record
Mar 4, 2002
$186,000
Public Record
Jun 21, 1996
$109,000
Public Record