
Lake Elsinore, California 92530
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $629,000—positioned well below the $641,950 Fair Market Value by 2%. This valuation gap offers $12,950 in Instant Equity for buyers. With a Condition Rating of 2, this 2019-built home features a Granite Kitchen, Owned Solar Panels, and a flexible layout with a Downstairs Bedroom. Located in the Summerly community, it offers resort-style amenities and mountain views, making it an ideal choice for Owner-Occupants or first-time buyers seeking a modern, move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29338 Sword Fern Subject 4 bd · 3 ba · 2,309 sqft · $278 | $629,000* List Price | 4 | 3 | 2,309 | $278 | - |
A 29233 Windflower Sold 4 bd · 3 ba · 2,314 sqft · $279 · 0.3 mi | $645,000 | 4 | 3 | 2,314 | $279 | 0.3 mi |
B 29118 Carrotwood Sold 4 bd · 3 ba · 2,442 sqft · $260 · 0.3 mi | $635,000 | 4 | 3 | 2,442 | $260 | 0.3 mi |
C 29205 Date Palm Sold 4 bd · 3 ba · 2,097 sqft · $302 · 0.2 mi | $632,500 | 4 | 3 | 2,097 | $302 | 0.2 mi |
D 29522 Mascot Sold 4 bd · 3 ba · 2,049 sqft · $305 · 0.5 mi | $625,000 | 4 | 3 | 2,049 | $305 | 0.5 mi |
E 29324 Wild Lilac Sold 3 bd · 2 ba · 1,941 sqft · $296 · 0.1 mi | $575,000 | 3 | 2 | 1,941 | $296 | 0.1 mi |
F 29244 Date Palm Sold 4 bd · 3 ba · 2,314 sqft · $259 · 0.2 mi | $600,000 | 4 | 3 | 2,314 | $259 | 0.2 mi |
G 29214 Queen Palm Sold 4 bd · 3 ba · 2,097 sqft · $289 · 0.3 mi | $605,000 | 4 | 3 | 2,097 | $289 | 0.3 mi |
H 29155 Bottlebrush Sold 5 bd · 3 ba · 2,620 sqft · $245 · 0.3 mi | $642,000 | 5 | 3 | 2,620 | $245 | 0.3 mi |
I 29108 Basswood Active 3 bd · 3 ba · 2,378 sqft · $273 · 0.2 mi | $650,000 List Price | 3 | 3 | 2,378 | $273 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018/2019, this property is less than 10 years old and in turnkey condition. It features modern finishes including an open-concept kitchen with granite countertops, durable vinyl flooring, and updated energy-efficient systems including owned solar panels.
Built in 2019, this turnkey home features owned solar panels and high-end finishes like granite countertops and durable vinyl flooring, offering immediate move-in readiness and long-term utility savings.
The spacious 2,309 sq. ft. floor plan includes a highly sought-after downstairs bedroom and full bathroom, providing excellent flexibility for guests or multi-generational living.
Residents enjoy access to the Summerly community’s resort-style pool, clubhouse, and parks, all while being conveniently located near recreational hubs like Storm Stadium and local golf courses.
With 46 days on market and a recent $20,000 price reduction, the property may be facing challenges in buyer perception or initial overpricing relative to current local demand.
The local school district shows mixed performance, particularly with the assigned middle school holding a lower rating of 3, which may be a concern for education-focused families.
DREAM HOME! - Open spacious Floor Plan. This turnkey, highly upgraded 2019-built two-story home in Lake Elsinore’s Summerly community features 4 bedrooms, 3 bathrooms, and 2,309 square feet of living space. Highlights include a convenient downstairs bedroom and bath, owned solar panels, an open-concept kitchen with granite counters, durable vinyl flooring, and a large, entertainer's backyard. The laundry room is upstairs with added cabinets for storage. A second story Master Suite features a very spacious walk-in closet, linen closet, large walk-in shower and dual-sink vanity. Other features of the home include energy efficient appliances, LED lighting and ceiling fans. Views of Mountains everywhere! The list of features goes on in this one-of-a-kind home! Clean. Located in Summerly, a Master Planned Community offering Swim Club with resort-like pool, Clubhouse, Half basketball court, 2 Parks, Splash Zone and Fire Pit. Located across the street from Storm Stadium and Links golf course. Very close to Shopping, Restaurants,, Entertainment and I-15. Great Location and Great Amenities. Lake Elsinore is known for lots of recreation activities including mountain biking, water sports, nature parks, sporting events and more.
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 3.2 mi
Grades 6-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,309 | 2,014.188 |
| Lot Size | 6,098 | 7,537.856 |
| Price | $629.0K | $605.8K |
| Price per sq ft | $272 | $297 |
| Built year | 2018 | 2005 |
| HOA | $135.0 | $143 |
| Days on market | 73 | 70 |
Sep 26, 2026
$629,000
$649,000
-3% Price Drop
Initial Listing
Aug 13, 2026
$649,000
Initial Listing
Dec 15, 2021
$580,000
Public Record
May 22, 2019
$416,000
Public Record