29483 Rock Point, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 5 bed, 3 bath
29483 Rock Point
Lake Elsinore, California 92530
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29483 Rock Point Subject | $569,900* List Price | 5 | 3 | 2,000 | $284 | - |
A 15505 Starview Street Sold | $539,000 | 4 | 2 | 1,954 | $276 | 0.3 mi |
B 29110 Wayfarer Lane Sold | $710,000 | 4 | 3 | 2,176 | $326 | 0.7 mi |
C 29149 Edgewood Drive Sold | $645,000 | 4 | 3 | 2,350 | $274 | 0.4 mi |
D 29231 Spectra Drive Sold | $550,000 | 3 | 2 | 1,753 | $314 | 0.5 mi |
E 15031 Valencia Way Sold | $695,000 | 4 | 3 | 2,247 | $309 | 0.8 mi |
F 29224 Sandpiper Drive Sold | $685,000 | 4 | 3 | 2,499 | $274 | 0.5 mi |
G 29435 Falling Leaf Drive Active Under Contract | $543,600 List Price | 4 | 3 | 2,000 | $272 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age bracket for a 'Good' rating. The home is move-in ready and appears well-maintained with functional systems, including energy-efficient solar panels and a water softener. While the kitchen and bathrooms feature original builder-grade finishes and styles from the mid-2000s rather than recent modern renovations, the overall condition shows minimal wear and tear, making it a solid, functional residence.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2000.
- Versatile Floor Plan
With five bedrooms including a converted den, this home offers exceptional flexibility for multigenerational living, guest accommodations, or a dedicated home office space.
- Scenic Lake Views
The property features desirable lake views and an expansive outdoor patio and deck, providing a premium setting for relaxation and entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
- Leased Solar Obligation
The solar panels are leased rather than owned, requiring the buyer to assume a contract and meet specific credit requirements, which can complicate the financing process.
- Recurring Association Fees
A monthly HOA fee of $149 increases the total carrying cost of the property, which may impact the purchasing power of budget-sensitive buyers.
About 29483 Rock Point
Spacious two-story home located in the city of Lake Elsinore, offering 5-bedrooms and 3-bathrooms. Originally designed as a 4-bedroom home, the den has been converted into a 5th bedroom, providing added flexibility for guests, a home office, or multigenerational living. The home features a functional layout with generous living spaces and plenty of natural light. Enjoy outdoor living with a large patio and deck, perfect for entertaining or relaxing. Additional highlights include a water softener system and leased solar panels, helping improve energy efficiency and reduce utility costs. Conveniently located near parks and hiking trails, as well as schools, shopping, dining, and commuter access. A great opportunity to own a spacious home in a desirable Lake Elsinore location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $149.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Rice Canyon Elementary School
Grades K-5 • 0.7 mi
Terra Cotta Middle School
Grades 6-8 • 1.3 mi
Lakeside High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 84% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,000 | 1,868 | 59% |
| Lot Size | 8,712 | 7,841 | 64% |
| Price | $569.9K | $590.0K | 39% |
| Price per sq ft | $285 | $319 | 37% |
| Built year | 2006 | 2004 | 53% |
| HOA | $149.0 | $0 | 83% |
| Days on market | 44 | 193 | 2% |
Pricing History
Listed for Sale
Feb 20, 2026
$569,900
$599,916
-5% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$599,916
Initial Listing
Sold
Apr 21, 2021
$460,000
Public Record
Sold
Feb 24, 2006
$411,500
Public Record