29316 Fenway, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 5 bed, 4 bath

29316 Fenway, Lake Elsinore, California 92530 home-pic-0
ACTIVE$754,900
29316 Fenway, Lake Elsinore, California 92530
5Beds
4Baths
2,936Sqft
7,841Lot
Year Built
2015
Close
-
List price
$755K
Original List price
$775K
Price/Sqft
$257
HOA
$122
Days on market
-
Sold On
-
MLS number
IG25170746
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $754.9K(93th), sqft - 2936(95th), beds - 5(87th), baths - 4(94th).

Step up onto a covered porch and through a LEADED GLASS front door into this stunning 3,000 sq. ft. single-story MULTIGENERATIONAL smart home in the sought-after Summerly community of Lake Elsinore. This open floor plan with 9-FOOT CEILINGS includes 5 BEDROOMS (one ideal as an OFFICE) and has been beautifully updated inside and out. A FULLY PAID 24-PANEL 6KW SOLAR SYSTEM keeps electric costs minimal, and the current owner even receives an annual credit. The home features upgraded LVP FLOORING, 6-INCH BASEBOARDS, CROWN MOLDING, CUSTOM RECESSED LED LIGHTING, and HIGH-END CEILING FANS. The CHEF-STYLE KITCHEN includes a STACKED STONE BACKSPLASH, UNDER-LIT 13-FOOT GRANITE ISLAND with seating for six, CHERRY WOOD CABINETS, LARGE WALK-IN PANTRY, and UPSCALE STAINLESS STEEL APPLIANCES with GAS COOKTOP and DOUBLE OVEN. Patio doors lead to a LARGE COVERED PATIO perfect for entertaining. The GREAT ROOM showcases a TRAY CEILING, CUSTOM 18-FOOT STACKED STONE ELECTRIC FIREPLACE WALL, and BUILT-IN BRITISH PUB with WINE RACKS, BARRELS, and BUTCHER BLOCK COUNTERTOPS. The MASTER RETREAT features a seating area, SECOND STONE FIREPLACE WALL, and FRENCH DOORS to a PERGOLA-COVERED PATIO. The SPA-INSPIRED MASTER BATH offers DUAL VANITIES, SOAKING TUB, WALK-IN SHOWER, and TWO WALK-IN CLOSETS with FLOOR-TO-CEILING MIRRORED CABINETRY. EVERY BEDROOM has its own WALK-IN CLOSET. The PRIVATE MULTI-GEN SUITE has a SEPARATE ENTRANCE, FULL LIVING AREA, KITCHENETTE with DISHWASHER, SPACE for FRIDGE, HUGE CLOSET, WALK-IN SHOWER, STACKABLE WASHER/DRYER, and INDEPENDENT AC. Great for family or as a RENTAL with INCOME POTENTIAL around $1,400/MO. SMART-HOME FEATURES include RING DOORBELL, SMART LIGHTS, THERMOSTATS for both the main home and suite, EV CHARGER STATION, and TANKLESS WATER HEATER. The TWO-CAR GARAGE includes an UPRIGHT FREEZER. The landscaped yard offers DRIP IRRIGATION, PET TURF, DOG RUN, STORAGE SHED, DOG DOOR, and MULTIPLE SEATING AREAS. Enjoy SUMMERLY amenities: POOLS, SPLASH PADS, PLAYGROUNDS, WALKING TRAILS, CLUBHOUSE, and PARKS, minutes to SHOPPING, DINING, GROCERY STORES, GAS STATIONS, STORM STADIUM, and I-15 ACCESS. This home truly has it all with UPGRADES, ENERGY EFFICIENCY DUAL AC/Heater systems, FLEXIBLE LIVING, and a PRIME LOCATION in one of Lake Elsinore’s most desirable communities.

Nearby schools

4/10
William Collier Elementary School
Public,K-52.1mi
5/10
Wildomar Elementary School
Public,K-53.4mi
3/10
David A. Brown Middle School
Public,6-84.0mi
5/10
Elsinore High School
Public,9-122.0mi

Price History

Date
Event
Price
10/08/25
Price Change
$754,900-1.9%
08/24/25
Price Change
$769,900-0.6%
07/29/25
$774,900
Condition Rating
Excellent

Built in 2015, this property is less than 10 years old and has been extensively updated with high-end features. The 'chef-style' kitchen boasts upscale stainless steel appliances, granite countertops, cherry wood cabinets, and a stacked stone backsplash. The 'spa-inspired' master bath features dual vanities, a soaking tub, and a walk-in shower with modern fixtures. Throughout the home, upgraded LVP flooring, custom recessed LED lighting, crown molding, and smart home features contribute to its pristine, move-in ready condition. Energy-efficient additions like a fully paid solar system, tankless water heater, and EV charger further enhance its appeal, indicating no deferred maintenance and meeting current quality standards.
Pros & Cons

Pros

Multigenerational Living & Income Potential: The dedicated private multi-gen suite with a separate entrance, full living area, kitchenette, and independent AC offers significant flexibility for extended family or potential rental income of approximately $1,400/month.
Exceptional Energy Efficiency: A fully paid 24-panel 6KW solar system, tankless water heater, and dual AC/heater systems ensure minimal electric costs, with the current owner even receiving an annual credit, providing substantial long-term savings.
Extensive High-End Upgrades & Smart Home Integration: The home boasts numerous premium finishes including LVP flooring, 6-inch baseboards, crown molding, custom LED lighting, a chef-style kitchen with granite island and upscale appliances, two stone fireplaces, a built-in pub, and comprehensive smart-home features (Ring, smart lights, thermostats, EV charger).
Desirable Community Amenities & Convenient Location: Situated in the sought-after Summerly community, residents enjoy access to pools, splash pads, playgrounds, trails, and a clubhouse, all minutes from shopping, dining, entertainment (Storm Stadium), and I-15 freeway access.
Spacious & Functional Single-Story Layout: A generous 3,000 sq. ft. single-story floor plan with 9-foot ceilings, 5 bedrooms (all with walk-in closets), a large covered patio, and a well-landscaped yard with pet-friendly features (turf, dog run) caters to diverse family needs.

Cons

Specific Interior Design Choices: While high-end, the 'stacked stone' features, 'cherry wood cabinets,' and 'British pub' aesthetic are distinctive and may not appeal to all potential buyers, potentially narrowing the buyer pool.
Ongoing Association Fees: The property is subject to a $122 monthly association fee, which is an additional recurring cost that some buyers might prefer to avoid.
Lake Elsinore Market Perception: Despite being in a desirable community within Lake Elsinore, the broader market perception of Lake Elsinore compared to more affluent Southern California cities might influence long-term appreciation rates or resale value for some buyers.

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