
Lake Elsinore, California 92530
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $635,000—positioned well below the $647,555 Fair Market Value by 2%. This valuation gap offers $12,555 in Instant Equity. With a Mint Condition Rating, the home features a Granite Kitchen, Luxury Vinyl Plank Flooring, and a Private Patio with artificial turf. Located in the Lake Elsinore Unified district, this property is an ideal sanctuary for growing families or first-time buyers seeking a modern, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29517 Summerly Subject | $635,000* List Price | 4 | 3 | 2,275 | $285 | - |
A 29162 Brittbush Sold | $635,000 | 4 | 3 | 2,442 | $260 | 0.2 mi |
B 29115 Brittbush Sold | $644,990 | 3 | 3 | 2,304 | $280 | 0.2 mi |
C 29202 Hackberry Sold | $615,000 | 3 | 3 | 2,486 | $247 | 0.3 mi |
D 29162 Crabapple Sold | $605,000 | 4 | 3 | 1,929 | $314 | 0.2 mi |
E 29205 Date Palm Sold | $632,500 | 4 | 3 | 2,097 | $302 | 0.1 mi |
F 29324 Wild Lilac Sold | $575,000 | 3 | 2 | 1,941 | $296 | 0.2 mi |
G 29301 Dogwood Sold | $725,000 | 4 | 4 | 2,829 | $256 | 0.4 mi |
H 29155 Bottlebrush Sold | $642,000 | 5 | 3 | 2,620 | $245 | 0.3 mi |
I 29205 Catalpa Active Under Contract | $719,800 List Price | 4 | 3 | 2,486 | $290 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2021, this home is only 3 years old and in mint condition. It features a modern kitchen with granite countertops and stainless steel appliances, brand-new carpet, luxury vinyl plank flooring, and nearly new systems including leased solar.
Built in 2021, this home features a highly desirable downstairs bedroom and full bath plus an upstairs loft, providing excellent flexibility for multi-generational living or a home office.
Situated directly across from one of the Summerly community’s three parks, the property offers immediate access to outdoor recreation and open green space right outside the front door.
The residence is move-in ready with brand-new carpet, luxury vinyl plank flooring, and a low-maintenance backyard featuring artificial turf, reducing immediate post-purchase expenses.
The property comes with a solar lease that must be assumed by the buyer, which adds a fixed monthly expense and can complicate the financing process for some individuals.
The assigned local schools carry average ratings ranging from 3 to 5, which may be a drawback for families specifically seeking top-tier educational performance scores.
Welcome to 29517 Summerly Place, a spacious and beautifully updated home located in the highly desirable Summerly community. Offering approximately 2,275 square feet, this home features 4 bedrooms and 3 bathrooms, including a convenient downstairs bedroom and full bath, perfect for guests, extended family, or a home office. Step inside to a bright, open floor plan featuring brand-new carpet throughout the main living areas and luxury vinyl plank flooring in the kitchen and bathrooms. The spacious kitchen is designed for both everyday living and entertaining, complete with granite countertops, upgraded espresso cabinetry, stainless steel appliances, and a large center island that opens directly to the family room. Upstairs, you’ll find a versatile loft, additional bedrooms, and plenty of space for the whole family. Outside, the large backyard is finished with low-maintenance artificial turf, creating a great space for entertaining, kids, pets, or simply relaxing. One of the home’s standout features is its location—directly across from one of Summerly’s three community parks, giving you easy access to outdoor recreation right outside your front door. Additional features include leased solar and access to all that the Summerly community has to offer. With its spacious layout, upgraded finishes, fresh carpet, and prime location, 29517 Summerly Place is move-in ready and waiting for its next owner.
No exterior & parking available.
Grades K-5 • 1.9 mi
Grades K-5 • 3.3 mi
Grades 6-8 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,275 | 1,997.676 |
| Lot Size | 7,932 | 7,302.624 |
| Price | $635.0K | $602.7K |
| Price per sq ft | $279 | $299 |
| Built year | 2021 | 2005 |
| HOA | $135.0 | $146 |
| Days on market | 16 | 65 |
Aug 25, 2026
$635,000
Initial Listing
Aug 24, 2026
$63,500
Initial Listing
Aug 25, 2021
$554,000
Public Record