29135 Cosmos, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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29135 Cosmos
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,461Sq Ft
5,502Lot Size
Property Price
LIST PRICE$630,000
EST. MARKET VALUE
$652,353
3% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Prime Investment Opportunity, listed at $630,000—positioned well below the $652,354 Fair Market Value by 3%. This valuation gap offers $22,354 in Instant Equity. Featuring a Mint, Turn-Key Condition Rating, this 2021 build includes Paid-Off Solar, a Downstairs Bedroom, and a Spacious Loft. Located in the Summerly Community with access to pools and parks, it is an ideal choice for Owner-Occupants or first-time buyers seeking a modern, energy-efficient lifestyle.
Estimated Market Value
$652,353+$22,353 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 |
|---|---|---|---|---|---|---|
★ 29135 Cosmos Subject 4 bd · 3 ba · 2,461 sqft · $265 | $630,000* List Price | 4 | 3 | 2,461 | $265 | - |
A 29205 Date Palm Sold 4 bd · 3 ba · 2,097 sqft · $302 · 0.1 mi | $632,500 | 4 | 3 | 2,097 | $302 | 0.1 mi |
B 29244 Date Palm Sold 4 bd · 3 ba · 2,314 sqft · $259 · 0.1 mi | $600,000 | 4 | 3 | 2,314 | $259 | 0.1 mi |
C 29233 Windflower Sold 4 bd · 3 ba · 2,314 sqft · $279 · 0.1 mi | $645,000 | 4 | 3 | 2,314 | $279 | 0.1 mi |
D 29325 Links Sold 4 bd · 3 ba · 2,586 sqft · $247 · 0.4 mi | $640,000 | 4 | 3 | 2,586 | $247 | 0.4 mi |
E 29214 Queen Palm Sold 4 bd · 3 ba · 2,097 sqft · $289 · 0.1 mi | $605,000 | 4 | 3 | 2,097 | $289 | 0.1 mi |
F 29162 Crabapple Sold 4 bd · 3 ba · 1,929 sqft · $314 · 0.2 mi | $605,000 | 4 | 3 | 1,929 | $314 | 0.2 mi |
G 29324 Wild Lilac Sold 3 bd · 2 ba · 1,941 sqft · $296 · 0.2 mi | $575,000 | 3 | 2 | 1,941 | $296 | 0.2 mi |
H 29118 Carrotwood Sold 4 bd · 3 ba · 2,442 sqft · $260 · 0.3 mi | $635,000 | 4 | 3 | 2,442 | $260 | 0.3 mi |
I 29161 Dune Primrose Pending 4 bd · 3 ba · 2,461 sqft · $262 · 0.1 mi | $645,000 List Price | 4 | 3 | 2,461 | $262 | 0.1 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 2021, this home is under 10 years old and in mint, turn-key condition. It features a modern open-concept kitchen with white cabinetry, pristine bathrooms, updated flooring, and newer systems including paid-off solar panels.
PROSSTRENGTHS & OPPORTUNITIES
- Energy Efficiency
The property features fully paid-off solar panels, providing significant long-term utility savings and increasing the home's overall value without the burden of a monthly lease or loan.
- Modern Turn-Key Condition
Built in 2021, this contemporary home is move-in ready with custom countertops, an open floor plan, and high-end finishes, eliminating the need for immediate renovations or repairs.
- Versatile Layout
The floor plan includes a highly desirable downstairs bedroom and full bath, plus a spacious upstairs loft, offering excellent flexibility for multi-generational living or a dedicated home office.
CONSRISKS & DEFICIENCIES
- Modest Lot Size
With a lot size of 5,502 square feet, the outdoor space is relatively compact for a large four-bedroom home, which may limit options for extensive landscaping or large private gatherings.
- School Performance
The assigned local schools have average to lower ratings, ranging from 3 to 5, which could be a drawback for families prioritizing top-tier educational districts.
About 29135 Cosmos
GRANTS AND DOWNPAYMENT ASSISTANCE AVAILABLE /PAID-OFF SOLAR LOFT 4 BEDROOMS 3 FULL BATHROOMS DOWNSTAIRS BEDROOM & FULL BATH CUSTOM COUNTERTOPS OPEN FLOOR PLAN LOW HOA TURN-KEY READY! Welcome to the highly desirable Summerly Community! This beautiful two-story home offers an open and functional floor plan with thoughtful upgrades throughout. The home features 4 bedrooms and 3 full bathrooms, including a bedroom and full bathroom downstairs, perfect for guests, extended family, or a home office. Upstairs, you’ll find a spacious loft that can be used as an office, gym, playroom, game room, or potentially converted into a fifth bedroom. One of the biggest benefits is the PAID-OFF SOLAR, helping provide long-term energy savings without a solar loan payment. Enjoy all that Summerly has to offer, including three pools, a relaxing spa, splash pad, clubhouse, fire pits, BBQ areas, parks, basketball courts, hiking trails, and year-round community events. The HOA is only $135 per month. Conveniently located near the 15 Freeway, Ortega Highway, Lake Elsinore Storm Stadium, shopping, dining, entertainment, and everyday conveniences.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2021
- Lot Size
- 5,502 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $135.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
William Collier Elementary School
Grades K-5 • 2.0 mi
4/10
Wildomar Elementary School
Grades K-5 • 3.4 mi
5/10
David A. Brown Middle School
Grades 6-8 • 4.0 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,461 | 2,014.188 |
| Lot Size | 5,502 | 7,537.856 |
| Price | $630.0K | $605.8K |
| Price per sq ft | $256 | $297 |
| Built year | 2021 | 2005 |
| HOA | $135.0 | $143 |
| Days on market | 39 | 70 |
Pricing History
Listed for Sale
Sep 16, 2026
$630,000
Initial Listing
Sold
Jun 18, 2021
$548,500
Public Record