30492 Illinois Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath
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30492 Illinois Street
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,600Sq Ft
3,920Lot Size
Property Price
LIST PRICE$590,000
EST. MARKET VALUE
$584,718
SUMMARY
This 2026 New Construction Home is a Strong Value Opportunity, listed at $590,000—positioned slightly above the $584,719 Fair Market Value. While priced at market stability, this turnkey property features a Condition Rating of 2, showcasing a modern open-concept layout, contemporary blue-and-gray kitchen, and advanced energy solutions including a Tesla battery system. Located in the Lake Elsinore Unified district with scenic hill and tree views, this home offers a stress-free lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a modern, energy-efficient sanctuary.
Estimated Market Value
$584,718
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30492 Illinois Street Subject 3 bd · 3 ba · 1,600 sqft · $365 | $590,000* List Price | 3 | 3 | 1,600 | $365 | - |
A 1079 Sardinia Drive Sold 3 bd · 3 ba · 1,976 sqft · $304 · 1.0 mi | $599,990 | 3 | 3 | 1,976 | $304 | 1.0 mi |
B 16484 Mcpherson Sold 3 bd · 2 ba · 1,024 sqft · $469 · 0.7 mi | $480,000 | 3 | 2 | 1,024 | $469 | 0.7 mi |
C 16359 Stevens Street Sold 3 bd · 2 ba · 1,553 sqft · $335 · 1.0 mi | $520,000 | 3 | 2 | 1,553 | $335 | 1.0 mi |
D 32024 Merano Active Under Contract 3 bd · 2 ba · 1,503 sqft · $333 · 0.6 mi | $499,999 List Price | 3 | 2 | 1,503 | $333 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
This is a 2026 new construction home in mint condition. It features a modern kitchen with contemporary cabinetry and stainless steel appliances, brand-new bathrooms, and high-efficiency systems including a new HVAC, solar panels, and a Tesla battery.
PROSSTRENGTHS & OPPORTUNITIES
- New Construction Appeal
As a 2026 build, this home offers the latest in modern building standards, energy efficiency, and contemporary finishes, providing a turnkey experience with no immediate maintenance needs.
- Advanced Energy Solutions
The inclusion of a Tesla battery system paired with solar panels offers significant value in energy storage and backup power, a premium feature for modern homeowners.
- Modern Open Concept
The interior features a seamless flow between the stylish blue-and-gray kitchen and the living area, maximizing the 1,600 square feet for both daily comfort and entertaining.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
With a lot size of just 3,920 square feet, the outdoor space is relatively compact, which may not appeal to buyers seeking a large backyard or significant privacy.
- Leased Solar Commitment
The solar panels are leased rather than owned, requiring the buyer to assume a monthly contract, which can be a financial deterrent compared to properties with fully owned systems.
About 30492 Illinois Street
2026 New Construction home located in the beautiful city of Lake Elsinore, just moments from the lake! This thoughtfully designed two story home features a spacious open concept floor plan, creating a seamless flow between the kitchen and living area, perfect for everyday living and entertaining. The modern blue & gray kitchen adds a stylish, contemporary touch to the heart of the home. Enjoy a beautifully landscaped front yard and low maintenance outdoor space, offering the convenience of easy upkeep. Additional features include leased solar panels and a Tesla battery system, providing modern energy solutions. Ideally situated near shopping, dining, and everyday essentials, this turnkey home offers the perfect combination of modern design, comfort, and convenience. Don’t miss your opportunity to own a beautiful new home in Lake Elsinore!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 3,920 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,600 | 2,014.188 |
| Lot Size | 3,920 | 7,537.856 |
| Price | $590.0K | $605.8K |
| Price per sq ft | $369 | $297 |
| Built year | 2026 | 2005 |
| HOA | $0 | $143 |
| Days on market | 8 | 70 |
Pricing History
Listed for Sale
Oct 17, 2026
$590,000
Initial Listing
Sold
Feb 2, 2023
$67,000
Public Record
Sold
Nov 20, 2000
$20,000
Public Record