29268 Point Shore Drive, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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Lake Elsinore, California 92530
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $615,000—positioned well below the $654,735 Fair Market Value by 6%. This valuation gap offers $39,735 in Instant Equity for the buyer. The property maintains a Good Condition Rating (3/5), featuring a modern kitchen and a versatile bonus room. Situated on a large corner lot in a quiet cul-de-sac, it offers significant privacy and lifestyle appeal. This is an ideal acquisition for Owner-Occupants seeking long-term value or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29268 Point Shore Drive Subject | $615,000* List Price | 4 | 3 | 2,311 | $283 | - |
A 29223 Woodbridge Street Sold | $735,000 | 4 | 3 | 2,350 | $313 | 0.3 mi |
B 29483 Rock Point Sold | $560,000 | 5 | 3 | 2,000 | $280 | 0.3 mi |
C 15475 Solstice Ct Sold | $660,000 | 4 | 3 | 2,499 | $264 | 0.5 mi |
D 29415 High Ridge Sold | $640,000 | 4 | 3 | 2,213 | $289 | 0.0 mi |
E 29113 Tradewinds Circle Sold | $639,900 | 4 | 2 | 1,901 | $337 | 0.9 mi |
F 29508 Westwind Sold | $678,000 | 4 | 3 | 2,214 | $306 | 0.8 mi |
G 29231 Spectra Drive Sold | $550,000 | 3 | 2 | 1,753 | $314 | 0.2 mi |
H 15294 Madrone Court Sold | $670,000 | 4 | 3 | 2,000 | $335 | 0.9 mi |
I 29267 Gateway Drive Pending | $629,000 List Price | 5 | 3 | 2,499 | $252 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2008, this 18-year-old home falls within the 10-20 year range for 'Good' condition. The property is well-maintained and move-in ready, featuring a functional kitchen with updated white cabinetry, granite countertops, and stainless steel appliances. Systems including central HVAC are operational, and the interior shows modern aesthetic updates such as contemporary paint and flooring.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11761, living area = 2311.
Situated on a spacious 0.27-acre corner lot within a quiet cul-de-sac, offering enhanced privacy and significant outdoor space compared to standard neighborhood lots.
The property features a low HOA fee and no Mello-Roos, providing substantial monthly savings and increased purchasing power for buyers.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2311, other record living area = 2003.
Local middle and high schools carry lower-than-average ratings (4/10 and 5/10), which may impact long-term resale value for education-focused families.
While offering a suburban retreat, the location may necessitate long commute times to major employment hubs in Orange County or the Inland Empire.
Welcome to this beautifully maintained 4-bedroom, 2.5-bath home located on a quiet cul-de-sac in Lake Elsinore. Offering approximately 2,311 square feet of living space on a spacious 0.27-acre corner lot, this two-story home features a bright and open floor plan with a generous living room, separate family room with a cozy fireplace, and an open kitchen with ample cabinet space and a walk-in pantry. Upstairs, you'll find all four bedrooms, including a spacious primary suite with a soaking tub, dual-sink vanity, and walk-in closet, along with a versatile bonus room perfect for a home office, gym, or additional living space. Additional highlights include a 3-car attached garage, private backyard, and central heating and air conditioning. Enjoy the convenience of nearby hiking trails less than a mile away, as well as McVicker Canyon Park featuring playgrounds, picnic areas, basketball courts, walking paths, and open green space. Conveniently located near Lake Elsinore, shopping, dining, and major commuter routes. Low HOA and no Mello-Roos!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,311 | 1,973 |
| Lot Size | 11,761 | 6,970 |
| Price | $615.0K | $601.5K |
| Price per sq ft | $266 | $293 |
| Built year | 2008 | 2004 |
| HOA | $130.0 | $146 |
| Days on market | 9 | 64 |
Jul 13, 2026
$615,000
Initial Listing
Jan 12, 2018
$375,000
Public Record
Oct 31, 2008
$268,500
Public Record