29134 Evans, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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29134 Evans
Lake Elsinore, California 92530
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
2,009Sq Ft
6,665Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$631,168
5% BelowMARKET VALUE
SUMMARY
This Modern Single-Family Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $631,169 Fair Market Value by 5%. This valuation gap offers $32,169 in Instant Equity for the buyer. Built in 2022, the home maintains a Mint Condition Rating, featuring a large solar array and an open-concept layout. While the backyard remains a blank canvas, the property offers significant energy efficiency and modern finishes. This is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or first-time buyers.
Estimated Market Value
$631,168+$32,168 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 29134 Evans Subject | $599,000* List Price | 3 | 2 | 2,009 | $314 | - |
A 15294 Madrone Court Sold | $670,000 | 4 | 3 | 2,000 | $335 | 0.9 mi |
B 3273 Ivy Court Sold | $710,000 | 4 | 3 | 2,090 | $340 | 0.7 mi |
C 4108 Ballantree Street Sold | $560,000 | 3 | 2 | 1,714 | $327 | 0.9 mi |
D 29100 Oak Grove Sold | $710,000 | 4 | 4 | 2,557 | $278 | 0.1 mi |
E 29264 Crystal Ridge Court Sold | $607,000 | 4 | 2 | 1,753 | $346 | 0.9 mi |
F 29248 Sandpiper Sold | $560,000 | 4 | 2 | 2,003 | $280 | 0.5 mi |
G 16647 Evelyn Place Pending | $625,000 List Price | 3 | 2 | 2,009 | $311 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2022, this home is less than 5 years old and in mint condition. It features a modern open-concept kitchen with stainless steel appliances, contemporary bathrooms with high-end tile work, and new systems including central HVAC and a large solar array.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Energy Efficiency
Built in 2022, this newer construction includes a large solar system designed to significantly reduce monthly electricity costs for the homeowner.
- Spacious & Versatile Layout
The 2,009 sqft open-concept floor plan features a flexible bonus room that can serve as a third bedroom or office, offering more interior volume than typical two-bedroom homes.
- Turn-Key Interior Finishes
The home boasts contemporary neutral finishes, abundant natural light through large windows, and a primary suite with a generous walk-in closet, ensuring a move-in-ready experience.
CONSRISKS & DEFICIENCIES
- Unfinished Landscaping
The backyard is a 'clean slate,' requiring the buyer to invest additional time and capital to design and install landscaping or hardscaping.
- Limited Formal Bedrooms
Despite the large square footage, the home only offers two formal bedrooms with closets, which may limit its appeal to larger families compared to other homes of this size.
About 29134 Evans
The bright, open-concept floor plan creates an inviting space for both everyday living and entertaining, with a spacious kitchen that flows seamlessly into the dining and living areas. 2 bedroom with bonus room/office possible 3rd bedroom (no closet). Large windows and sliding glass doors bring in plenty of natural light, while the neutral finishes throughout make the home feel fresh. The primary suite provides a private retreat with a spacious bathroom and generous walk-in closet space. Additional features include central air conditioning, indoor laundry hookups, an attached two-car garage. Solar system is large enough to keep electric bills low. Clean slate backyard waiting for your personal touch. A wonderful opportunity to enjoy a newer home in Lake Elsinore!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2022
- Lot Size
- 6,665 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,009 | 1,997.676 |
| Lot Size | 6,665 | 7,302.624 |
| Price | $599.0K | $602.7K |
| Price per sq ft | $298 | $299 |
| Built year | 2022 | 2005 |
| HOA | $0 | $146 |
| Days on market | 24 | 65 |
Pricing History
Listed for Sale
Aug 16, 2026
$599,000
Initial Listing
Sold
Sep 23, 2022
$644,000
Public Record