
Lake Elsinore, California 92530
This Single-Story Residential Home is a Strong Value Opportunity, listed at $579,990—positioned well below the $606,936 Fair Market Value by 4%. This valuation gap offers $26,946 in Instant Equity for the buyer. With a Condition Rating of 3, the home features PAID solar, an open-concept kitchen, and a private backyard with an above-ground pool. Located in the Lake Elsinore Unified district, this property balances lifestyle comfort with financial stability, making it an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29403 Canyon Valley Drive Subject | $579,990* List Price | 4 | 2 | 1,753 | $346 | - |
A 29483 Rock Point Sold | $560,000 | 5 | 3 | 2,000 | $280 | 0.4 mi |
B 29231 Spectra Drive Sold | $550,000 | 3 | 2 | 1,753 | $314 | 0.1 mi |
C 29223 Woodbridge Street Sold | $735,000 | 4 | 3 | 2,350 | $313 | 0.2 mi |
D 29073 Forest View Sold | $628,000 | 3 | 3 | 1,857 | $338 | 0.9 mi |
E 29415 High Ridge Sold | $640,000 | 4 | 3 | 2,213 | $289 | 0.1 mi |
F 29448 Rock Point Sold | $590,000 | 4 | 3 | 2,000 | $295 | 0.4 mi |
G 29264 Crystal Ridge Court Pending | $620,000 List Price | 4 | 2 | 1,753 | $354 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2009 (15 years old), the property is well-maintained and move-in ready. The kitchen features functional granite countertops and stainless steel appliances, while the bathrooms are in clean, original condition. Systems are a highlight with the inclusion of paid solar and a functional HVAC unit.
The property features fully paid solar panels, providing significant long-term utility savings and immediate value to the homeowner.
Positioned on an elevated lot with no rear neighbors and a long private driveway, the home offers exceptional privacy and scenic mountain views.
The open-concept floor plan includes a 3-car garage and a flexible front office that can serve as a fourth bedroom, accommodating various lifestyle needs.
The inclusion of an above-ground pool may be viewed as less desirable than an in-ground option and could impact the aesthetic appeal of the backyard.
The property is subject to a $130 monthly association fee, which adds to the recurring carrying costs for the homeowner.
Beautifully positioned on an elevated view lot with no rear neighbors, this single-story Lake Elsinore home offers privacy, space, and an ideal layout designed for comfortable everyday living and effortless entertaining. Set back from the street with a long private driveway, great curb appeal, a 3-car garage, and a gated private front porch, the home makes a strong first impression from the moment you arrive. Inside, the open and functional floor plan features a front office that can serve as a 4th bedroom option, a formal living and dining area, and an inviting open-concept kitchen with custom cabinetry, abundant storage, a center island, and seamless flow into the oversized family room with built-ins and a cozy fireplace. The home offers 3 spacious bedrooms, including a private primary suite with backyard access, walk-in closet, soaking tub, and walk-in shower. The generous backyard is made for enjoying the Southern California lifestyle with an Alumawood patio cover, above-ground pool, beautiful views, and plenty of room to relax, play, and entertain. Additional highlights include PAID solar, a desirable view setting, and access to community amenities. Conveniently located near parks, schools, shopping, dining, and commuter routes, this home offers the perfect blend of privacy, comfort, and lifestyle.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,753 | 1,973 |
| Lot Size | 8,712 | 6,970 |
| Price | $580.0K | $601.5K |
| Price per sq ft | $331 | $293 |
| Built year | 2009 | 2004 |
| HOA | $130.0 | $146 |
| Days on market | 16 | 64 |
Jul 6, 2026
$579,990
Initial Listing
Jul 18, 2019
$410,000
Public Record
Dec 9, 2016
$350,000
Public Record
Jul 17, 2009
$222,000
Public Record