29118 Carrotwood, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath

29118 Carrotwood, Lake Elsinore, California 92530 home-pic-0

29118 Carrotwood

Lake Elsinore, California 92530

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
4Beds
3Baths
2,442Sq Ft
5,998Lot Size

Property Price

LIST PRICE$624,999
EST. MARKET VALUE
$637,826

SUMMARY

Estimated Market Value

$637,826
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
29118 Carrotwood
Subject
$624,999*
List Price
432,442$261-
A
29120 Tanoak
Sold
$634,500432,442$2600.1 mi
B
29362 Wild Lilac
Sold
$600,000432,309$2600.3 mi
C
29133 Carrotwood
Sold
$628,000442,442$2570.1 mi
D
29217 Date Palm
Sold
$615,000432,097$2930.2 mi
E
29350 Wild Lilac
Sold
$605,000432,309$2620.3 mi
F
29268 Turnhouse
Sold
$717,500432,551$2810.6 mi
G
29162 Brittbush
Pending
$630,000
List Price
432,442$2580.1 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 2020, this property is less than 10 years old and meets the highest quality standards. It features a modern open-concept kitchen with a large center island, contemporary flooring, energy-efficient Tesla solar, and a fully finished backyard with a spa and turf, showing no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Modern Single-Story Design

    Built in 2020, this spacious 2,442 sq. ft. home offers a highly desirable open-concept layout and a large center-island kitchen, providing contemporary aesthetics and excellent accessibility.

  • Resort-Style Community Amenities

    Situated in the Summerly master-planned community, residents enjoy premium amenities including multiple pools, a clubhouse, splash zones, and parks, significantly enhancing the lifestyle value.

  • Energy Efficiency and Low Maintenance

    The property features a cost-effective Tesla solar system and professional turf landscaping, offering buyers significant savings on monthly utility bills and reduced yard upkeep.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.

  • Solar Lease Assumption

    The requirement for the buyer to assume an existing Tesla solar lease may be a drawback for those who prefer owned equipment or a debt-free title at closing.

  • Average School Ratings

    With local school ratings ranging from 3 to 5, the property may be less competitive for families specifically prioritizing top-tier academic performance in their district.

About 29118 Carrotwood

Welcome to this highly desirable single-story home in the Summerly community of Lake Elsinore. Offering 2,442 sq. ft., this spacious and thoughtfully designed residence features 4 full bedrooms and 3 bathrooms with a fantastic open floor plan ideal for both everyday living and entertaining. The heart of the home is the expansive great room, highlighted by a large center-island kitchen that seamlessly opens to the family room and dining area—perfect for gatherings and comfortable living. The home offers wonderful curb appeal with turf and low-maintenance landscaping in the front, while the backyard is designed for relaxation and entertaining. Enjoy a beautifully finished yard with turf, a spa, and a covered patio, creating the perfect setting for BBQs, summer evenings, and outdoor enjoyment. For added efficiency, the home features a Tesla solar system on a low-cost lease with an approximate monthly payment of just $55. The buyer will assume the lease, helping keep energy costs manageable. Located in the vibrant Summerly master-planned community, residents enjoy resort-style amenities including multiple pools, a clubhouse, splash zone, parks, a fire pit, and a basketball half-court. The home is conveniently situated near Storm Stadium, shopping, dining, and entertainment, with easy access to the 15 Freeway for commuters. You’ll also be just minutes from Lake Elsinore, where boating, fishing, and family recreation create a true Southern California lifestyle. This is a fantastic opportunity to own a move-in-ready single-story home in one of Lake Elsinore’s most popular communities

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2020
Lot Size
5,998 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$122.0 / Month

Neighborhood Insights

Lake Elsinore Unified Schools

William Collier Elementary School

Grades K-5 • 1.7 mi

4/10

Wildomar Elementary School

Grades K-5 • 3.1 mi

5/10

David A. Brown Middle School

Grades 6-8 • 3.6 mi

3/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,4421,868
76%
Lot Size5,9987,841
28%
Price$625.0K$595.0K
65%
Price per sq ft$256$319
20%
Built year20202004
66%
HOA$122.0$0
60%
Days on market22193
2%

Pricing History

Listed for Sale

Feb 13, 2026

$624,999

Initial Listing

Sold

Sep 22, 2020

$430,000

Public Record

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