RealKey
‪(213) 433-7766‬

29362 Wild Lilac, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath

29362 Wild Lilac, Lake Elsinore, California 92530 home-pic-0
ACTIVE$600,000
29362 Wild Lilac, Lake Elsinore, California 92530
4Beds
3Baths
2,309Sqft
5,663Lot

Price Vs. Estimate

The estimated value ($622,282.06) is $22,282.06 (3%) higher than the list price ($600,000). This property may be underpriced.

Key pros and cons

Top Pros:
Modern & Updated Interior: Recently updated with brand new interior paint, upgraded vinyl flooring throughout (no carpet), an open-concept floor plan, and a spacious kitchen featuring white cabinetry, granite countertops, stainless steel appliances, and a large center island.
Top Cons:
Leased Solar System: While offering energy savings, the solar panels are leased, which entails ongoing monthly payments and potential complexities during the transfer of ownership.

Compared to the nearby listings

Price:$600.0K vs avg $586.2K (+$13,811)56%
Size:2,309 sqft vs avg 1,893 sqft73%
Price/sqft:$260 vs avg $31922%

More Insights

Built in 2018 (7 years old).
Condition: This property, built in 2018, is only 6 years old, placing it well within the 'built within 10 years' criterion for an excellent rating. The listing explicitly states 'brand new interior paint' and 'upgraded vinyl flooring throughout (no carpet anywhere!)', indicating recent and extensive cosmetic renovations. The kitchen features modern white cabinetry, granite countertops, stainless steel appliances, and a large center island, all appearing virtually new in the images. Bathrooms also showcase modern vanities, granite, and updated fixtures. Overall, the property is move-in ready with current quality standards and no visible deferred maintenance, aligning perfectly with an 'excellent' condition score.
Year Built
2018
Close
-
List price
$600K
Original List price
$600K
Price/Sqft
$260
HOA
$122
Days on market
-
Sold On
-
MLS number
IG25241945
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

***Seller to offer $10,000 towards buyers closing cost with a full price offer*** Welcome to 29362 Wild Lilac, located in the highly sought-after Summerly community of Lake Elsinore! This beautifully maintained 4-bedroom, 3-bath home offers 2,309 sq. ft. of modern living space, including a convenient downstairs bedroom and bath — perfect for guests or multi-generational living. Step inside to find brand new interior paint and upgraded vinyl flooring throughout (no carpet anywhere!). Enjoy an open-concept floor plan with a spacious kitchen featuring white cabinetry, granite countertops, stainless steel appliances, and a large center island ideal for gatherings and meal prep. The home has a large pool-sized backyard, offering endless potential for outdoor fun and entertaining. Additional highlights include leased solar for energy efficiency and a prime location just a short walk to the community clubhouse and pools. This home is move-in ready and waiting for its next owner to enjoy the Summerly lifestyle — close to parks, golf, shopping, and more!

Nearby schools

4/10
William Collier Elementary School
Public,•K-5•1.9mi
5/10
Wildomar Elementary School
Public,•K-5•3.2mi
3/10
David A. Brown Middle School
Public,•6-8•3.8mi
5/10
Elsinore High School
Public,•9-12•1.9mi
Condition Rating
Excellent
This property, built in 2018, is only 6 years old, placing it well within the 'built within 10 years' criterion for an excellent rating. The listing explicitly states 'brand new interior paint' and 'upgraded vinyl flooring throughout (no carpet anywhere!)', indicating recent and extensive cosmetic renovations. The kitchen features modern white cabinetry, granite countertops, stainless steel appliances, and a large center island, all appearing virtually new in the images. Bathrooms also showcase modern vanities, granite, and updated fixtures. Overall, the property is move-in ready with current quality standards and no visible deferred maintenance, aligning perfectly with an 'excellent' condition score.
Pros & Cons

Pros

Modern & Updated Interior: Recently updated with brand new interior paint, upgraded vinyl flooring throughout (no carpet), an open-concept floor plan, and a spacious kitchen featuring white cabinetry, granite countertops, stainless steel appliances, and a large center island.
Versatile Layout: Includes a convenient downstairs bedroom and full bath, perfect for guests, multi-generational living, or a dedicated home office.
Community Amenities & Location: Located in the highly sought-after Summerly community, offering a prime location just a short walk to the community clubhouse and pools, and close to parks, golf, and shopping.
Energy Efficiency & Buyer Incentive: Features leased solar for energy efficiency, contributing to lower utility bills, and the seller is offering $10,000 towards buyer's closing costs with a full-price offer.
Large Backyard with Potential: Boasts a large, pool-sized backyard, providing ample space and endless potential for future outdoor enhancements and entertaining.

Cons

Leased Solar System: While offering energy savings, the solar panels are leased, which entails ongoing monthly payments and potential complexities during the transfer of ownership.
Recurring Association Fees: The property is subject to a monthly association fee of $122, which adds to the homeowner's recurring expenses.
Undeveloped Backyard: Although described as 'pool-sized' with 'endless potential,' the backyard appears to be undeveloped, requiring significant investment and landscaping efforts to create a finished outdoor living space.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state