30066 Lake Trail, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 2 bath
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Lake Elsinore, California 92530
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $610,769 Fair Market Value by 2%. This valuation gap offers $11,769 in Instant Equity for the buyer. Featuring a 4-bedroom layout with a versatile bonus room and a generous 9,212 sq ft lot, the home maintains a Fair Condition Rating. With no HOA fees and stunning lake views, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30066 Lake Trail Subject | $599,000* List Price | 4 | 2 | 2,340 | $263 | - |
A 15062 Amorose Street Sold | $615,000 | 4 | 2 | 2,232 | $276 | 0.2 mi |
B 30100 Sugarpine Street Sold | $652,000 | 4 | 3 | 2,037 | $320 | 0.1 mi |
C 15475 Solstice Ct Sold | $660,000 | 4 | 3 | 2,499 | $264 | 0.9 mi |
D 15158 Etienne Street Sold | $650,000 | 5 | 3 | 2,305 | $282 | 0.5 mi |
E 15128 Versailles Sold | $566,000 | 3 | 2 | 1,800 | $314 | 0.5 mi |
F 29193 Sunswept Drive Sold | $575,000 | 4 | 2 | 1,771 | $325 | 0.7 mi |
G 32015 Bourges Active | $649,000 List Price | 4 | 3 | 2,234 | $291 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the property falls into the 'Fair' category based on age. Although the home is well-maintained and move-in ready with updated granite countertops and stainless steel appliances, the cabinetry, bathroom tile, and primary systems (HVAC/Electric) are likely original and exceed the 20-year threshold, appearing dated by modern standards.
The property offers a significant financial advantage with no HOA fees and low taxes, providing lower monthly carrying costs and increased long-term affordability for the buyer.
Situated on a generous 9,212 sq ft lot, the home features a long and wide driveway that provides rare and ample space for additional vehicles, boats, or RV storage.
The 2,340 sq ft interior includes four bedrooms plus a flexible bonus room, offering the space and layout versatility needed for a home office, gym, or multi-generational living.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9212, other record lot size in square feet = 8712. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2340, other record living area = 2232. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With four bedrooms and a bonus room, the presence of only two bathrooms may be a drawback for larger households or when hosting guests.
Built in 2002, the home may require cosmetic modernizations to its fixtures and finishes to align with contemporary design trends and maximize its competitive market value.
Welcome to this well maintained 4 bedroom, 2-bath home plus versatile bonus room perfect for an office or flex space. Home offers 2,340 Sf Ft of living space on a generously size lot of over 8,500 sq ft with ample long wide driveway space for additional vehicles/boats and attached spacious two car garage. You'll find beautiful wood floor flooring throughout home with porcelain tile in the kitchen area. The spacious open concept layout offers a comfortable flow between living areas and 4 bedrooms plus bonus room, providing plenty of room for everyone. The home is equipped with central air conditioning and heating for year-round comfort, and convenient inside laundry room. The backyard is a great size for relaxing, entertaining, or gardening. Conveniently located in a quiet, established neighborhood close to schools, minutes from lake, shopping, and with easy access to the 15 Freeway. Low taxes and no HOA make this home a great opportunity. Don't miss your opportunity to call it home. HOME HAS SOLAR PANELS PAID OFF, no electrical bills.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,340 | 1,973 |
| Lot Size | 9,212 | 6,970 |
| Price | $599.0K | $601.5K |
| Price per sq ft | $256 | $293 |
| Built year | 2002 | 2004 |
| HOA | $0 | $146 |
| Days on market | 42 | 64 |
Jun 10, 2026
$599,000
Initial Listing
Apr 17, 2009
$200,000
Public Record
Jul 29, 2005
$440,000
Public Record
Apr 2, 2003
$263,000
Public Record