
Lake Elsinore, California 92530
This Exceptional Former Model Home represents a Strong Value Opportunity, listed at $729,900—positioned above the $691,689 Fair Market Value. While priced slightly above market, the property offers a Condition Rating of 3, featuring premium upgrades like crown molding, plantation shutters, and paid-off Tesla solar panels. The unique Multigenerational Gen Suite provides unmatched versatility for extended family or rental income. Located in the Lake Elsinore Unified district, this residence is an ideal sanctuary for multi-generational families or discerning owner-occupants seeking a turnkey, energy-efficient lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29303 Fenway Park Subject | $729,900* List Price | 4 | 4 | 2,792 | $248 | - |
A 29426 Batters Box Sold | $619,000 | 4 | 3 | 2,402 | $258 | 0.2 mi |
B 29316 Fenway Sold | $740,000 | 5 | 4 | 2,936 | $252 | 0.0 mi |
C 29329 Saltbush Sold | $750,000 | 4 | 4 | 2,952 | $254 | 0.2 mi |
D 29428 Golden Glove Sold | $584,000 | 3 | 2 | 1,739 | $336 | 0.3 mi |
E 29275 Royal Aberdeen Sold | $685,000 | 5 | 4 | 2,854 | $240 | 0.5 mi |
F 29162 Brittbush Sold | $635,000 | 4 | 3 | 2,442 | $260 | 0.5 mi |
G 29307 Saltbush Sold | $859,000 | 6 | 6 | 3,605 | $238 | 0.2 mi |
H 29118 Carrotwood Sold | $635,000 | 4 | 3 | 2,442 | $260 | 0.5 mi |
I 29205 Catalpa Active Under Contract | $719,800 List Price | 4 | 3 | 2,486 | $290 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2013 (11 years old), the property falls into the 10-20 year age bracket. As a former model home, it is well-maintained and move-in ready with a modern kitchen featuring granite countertops, functional bathrooms, and updated systems including paid-off Tesla solar panels.
The inclusion of a private 'Gen Suite' with its own entrance, kitchenette, and laundry provides exceptional versatility for extended family, guests, or potential rental income.
As a former model home, the property features premium finishes like crown molding and plantation shutters, complemented by the significant value of fully paid-off Tesla solar panels.
The nearly 2,800 sqft open-concept floor plan offers a rare and highly desirable single-level layout on a generous 9,583 sqft lot, maximizing both accessibility and entertaining space.
The $135 monthly HOA fee represents a recurring carrying cost that may deter buyers looking for properties without community restrictions or additional fixed expenses.
For a home designed for multigenerational living and potentially multiple drivers, a 2-car garage may offer insufficient parking and storage, particularly with a portion dedicated to a workshop.
Welcome to this exceptional FORMER MODEL HOME located in the highly desirable Summerly Master Planned Community! This spacious single-story residence offers a thoughtfully designed open-concept floor plan featuring 4 bedrooms and 3.5 bathrooms, including a private Multigenerational Gen Suite with its own separate entrance, kitchenette, living room area, laundry, bedroom and full bathroom, ideal for extended family, guests or independent living. The generously sized bedrooms provide comfort and flexibility. The Primary Suite is a relaxing retreat with dual vanities and two generous walk-in closets. The beautifully appointed kitchen features a large granite center island, perfect for entertaining, meal preparation and gathering with family and friends. Elegant upgrades throughout include crown molding and plantation shutters. Enjoy the energy efficiency of paid-off Tesla solar panels and the convenience of a 2 car garage with an attached workshop area providing additional storage space. Step outside to a beautifully landscaped oversize backyard designed for entertaining and relaxation, complete with covered patio, stamped concrete and tranquil water fountain. Don't miss out, this home wont last!!!
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades K-5 • 3.4 mi
Grades 6-8 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,792 | 1,973 |
| Lot Size | 9,583 | 6,970 |
| Price | $729.9K | $601.5K |
| Price per sq ft | $261 | $293 |
| Built year | 2013 | 2004 |
| HOA | $135.0 | $146 |
| Days on market | 5 | 64 |
Jul 17, 2026
$729,900
Initial Listing
Aug 13, 2019
$475,000
Public Record
Jan 8, 2018
$452,500
Public Record
Feb 16, 2016
$408,000
Public Record