29267 Gateway Drive, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
29267 Gateway Drive
Lake Elsinore, California 92530
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29267 Gateway Drive Subject | $650,000* List Price | 4 | 3 | 2,499 | $263 | - |
A 29149 Edgewood Drive Sold | $645,000 | 4 | 3 | 2,350 | $274 | 0.2 mi |
B 29295 Gateway Drive Sold | $620,000 | 4 | 3 | 2,499 | $248 | 0.1 mi |
C 29224 Sandpiper Drive Sold | $685,000 | 4 | 3 | 2,499 | $274 | 0.6 mi |
D 29371 High Ridge Drive Sold | $655,000 | 4 | 3 | 2,595 | $252 | 0.2 mi |
E 29110 Wayfarer Lane Sold | $710,000 | 4 | 3 | 2,176 | $326 | 1.0 mi |
F 29263 Gateway Drive Active | $690,000 List Price | 4 | 3 | 2,595 | $266 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2007, this home falls within the 10-20 year age bracket for a 'good' rating. It is move-in ready and appears well-maintained with minimal wear. The kitchen is functional and updated with granite countertops and stainless steel appliances, while the bathrooms are clean and in good working order. Although the square tile flooring and carpet are original to the build date, the property shows pride of ownership and requires no immediate renovations.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10019, living area = 2499.
- Panoramic Views
The property's elevated position on a quiet slope offers stunning panoramic views of Lake Elsinore and the surrounding neighborhood, significantly enhancing its market appeal.
- Expansive Lot
Situated on a generous 10,019 sq ft lot, the home features a mature, park-like backyard that provides a private and tranquil outdoor retreat rarely found in newer developments.
CONSRISKS & DEFICIENCIES
- Dated Flooring Materials
The use of carpet in bedrooms and standard square-tile in the kitchen may feel outdated to modern buyers who typically prefer luxury vinyl plank or hardwood finishes.
- Average School Ratings
The assigned schools have mid-range ratings (4 to 6 out of 10), which may be a drawback for families specifically seeking top-tier educational districts.
- Recurring HOA Fees
The $130 monthly association fee adds to the fixed carrying costs of the property, which may be a deterrent for budget-conscious buyers looking for no-HOA communities.
About 29267 Gateway Drive
Welcome to this spacious two-story home offering 5 bedrooms, 3 bathrooms, and 2,499 sq ft of open living space on a generous 10,019 sq ft lot. Set along a gently elevated street in a quiet slope area overlooking Lake Elsinore, this home enjoys a peaceful setting with scenic surroundings. Inside, the bedrooms feature comfortable carpeted flooring, while the kitchen and dining areas showcase durable square-tile floors. The kitchen is highlighted by recessed lighting, granite countertops, and a functional center island, creating a bright and practical space for cooking and gathering. The open living area includes a cozy fireplace and flows seamlessly into the kitchen and dining spaces for easy everyday living. Step outside to a beautiful, park-like backyard filled with mature plants and greenery, offering a tranquil outdoor retreat that feels like a private garden. With its spacious layout, elevated location, and serene outdoor environment, this home provides comfort, space, and natural beauty in one place.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 10,019 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Rice Canyon Elementary School
Grades K-5 • 0.7 mi
Terra Cotta Middle School
Grades 6-8 • 1.4 mi
Lakeside High School
Grades 9-12 • 2.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,499 | 1,868 | 78% |
| Lot Size | 10,019 | 7,841 | 71% |
| Price | $650.0K | $595.0K | 74% |
| Price per sq ft | $260 | $319 | 23% |
| Built year | 2007 | 2004 | 54% |
| HOA | $130.0 | $0 | 79% |
| Days on market | 29 | 193 | 2% |
Pricing History
Listed for Sale
Feb 6, 2026
$650,000
Initial Listing