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29263 Gateway Drive, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath

29263 Gateway Drive, Lake Elsinore, California 92530 home-pic-0
ACTIVE$690,000
29263 Gateway Drive, Lake Elsinore, California 92530
4Beds
3Baths
2,595Sqft
9,148Lot

Price Vs. Estimate

The estimated value ($690,000) is $0 (0%) lower than the list price ($690,000). This property may be overpriced.

Key pros and cons

Top Pros:
Lake View & Community: The home is situated in the desirable Shore Point Community and offers a pleasant lake view, enhancing its appeal and lifestyle.
Top Cons:
Undeveloped Backyard: The exterior of the home is described as a 'blank canvas,' indicating the backyard is largely undeveloped and will require significant investment and effort from the buyer for landscaping and personalization.

Compared to the nearby listings

Price:$690.0K vs avg $586.2K (+$103,811)87%
Size:2,595 sqft vs avg 1,893 sqft86%
Price/sqft:$266 vs avg $31924%

More Insights

Built in 2007 (18 years old).
Condition: This property, built in 2007, is 17 years old, placing it within the 'Good' category's age range. The home appears well-maintained and move-in ready, with functional systems and minimal wear and tear. The kitchen features granite countertops, dark cabinets, and stainless steel appliances (except for a white microwave), which are in good condition, though the style is not ultra-modern. The bathrooms are clean and functional, with updated vanities in some areas, a soaking tub, and a walk-in shower in the primary suite. Flooring consists of tile downstairs and laminate/engineered hardwood upstairs, all appearing in good condition. While some elements like the downstairs tile and certain light fixtures reflect the home's age, they are not severely outdated or in need of immediate repair. The presence of solar panels is a positive feature. Overall, it's a solid, well-kept home that doesn't require immediate renovations.
Year Built
2007
Close
-
List price
$690K
Original List price
$690K
Price/Sqft
$266
HOA
$130
Days on market
-
Sold On
-
MLS number
IG25138466
Home ConditionGood
Features
Good View: Lake, Neighborhood
ViewLake, Neighborhood

About this home

Welcome to this charming home located in the Shore Point Community situated with a Lake view. This home features 4 bedrooms, 2 1/2 bathrooms a 3-car garage with 2595 sq. ft of living space and 9148 sq ft lot with Solar Panels. As you enter the home you are greeted with a spacious living room and dining room with tile flooring and dual pane windows throughout. The kitchen is open to the Family room with a fireplace. The Kitchen features a center island with granite counter tops, stainless steel sink, dishwasher and gas stove and oven with an ample amount of cabinets and a dual sliding glass door leading to the backyard. The downstairs bedroom has laminate flooring a ceiling fan, walk in closet and plenty of natural light. The guest bathroom has a vanity and walk in shower. Upstairs there is a spacious loft with laminate flooring and a ceiling fan. The primary bedroom has laminate flooring a ceiling fan with a en suite that includes a double vanity, soaking tub, walk in shower, two separated walk-in closets. There is an individual laundry room with plenty of cabinets for storage. The two guest bedrooms have laminate flooring one has a walk-in closet and the other a sliding double door closet. They share a full bathroom with a separate area for the vanity and sink. The exterior of the home is a blank canvas with plenty of space to create a beautiful backyard. Conveniently located close to the 15 Freeway, close to downtown Lake Elsinore Shopping, Dining and Schools, this home is situated close to the park and within a great community. Come and make this your own!

Nearby schools

6/10
Rice Canyon Elementary School
Public,•K-5•0.7mi
4/10
Terra Cotta Middle School
Public,•6-8•1.4mi
5/10
Lakeside High School
Public,•9-12•2.4mi
Condition Rating
Good
This property, built in 2007, is 17 years old, placing it within the 'Good' category's age range. The home appears well-maintained and move-in ready, with functional systems and minimal wear and tear. The kitchen features granite countertops, dark cabinets, and stainless steel appliances (except for a white microwave), which are in good condition, though the style is not ultra-modern. The bathrooms are clean and functional, with updated vanities in some areas, a soaking tub, and a walk-in shower in the primary suite. Flooring consists of tile downstairs and laminate/engineered hardwood upstairs, all appearing in good condition. While some elements like the downstairs tile and certain light fixtures reflect the home's age, they are not severely outdated or in need of immediate repair. The presence of solar panels is a positive feature. Overall, it's a solid, well-kept home that doesn't require immediate renovations.
Pros & Cons

Pros

Lake View & Community: The home is situated in the desirable Shore Point Community and offers a pleasant lake view, enhancing its appeal and lifestyle.
Energy Efficiency: Equipped with solar panels, the property offers potential energy savings and a reduced environmental footprint.
Spacious & Functional Layout: Boasting 2595 sq. ft. of living space with 4 bedrooms, 2.5 bathrooms, a 3-car garage, a downstairs bedroom, and an upstairs loft, the home provides ample space and flexibility for various living arrangements.
Modern Kitchen Features: The kitchen is well-appointed with a center island, granite countertops, stainless steel sink, gas stove, and ample cabinetry, making it functional and appealing.
Convenient Location: The property is conveniently located close to the 15 Freeway, downtown Lake Elsinore shopping, dining, schools, and a nearby park, offering easy access to amenities and transportation.

Cons

Undeveloped Backyard: The exterior of the home is described as a 'blank canvas,' indicating the backyard is largely undeveloped and will require significant investment and effort from the buyer for landscaping and personalization.
Monthly HOA Fees: The property is subject to a monthly association fee of $130.0, which is an additional recurring cost for the homeowner.
Absence of Mentioned Cooling System: The property description does not explicitly mention a cooling system (e.g., central air conditioning), which could be a significant drawback and potential expense in the warm Lake Elsinore climate if not present.

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