30505 Canyon Hills Road 406, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 3 bed, 3 bath
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Lake Elsinore, California 92532
This Spacious End-Unit Townhouse represents a Strong Value Opportunity, listed at $474,990—positioned well below the $474,990 Fair Market Value. While currently priced at market, the property offers a Good Condition Rating and a functional 1,633 sqft layout featuring a Granite Kitchen and Private End-Unit Location. Situated within the Lake Elsinore Unified district near top-rated schools like Tuscany Hills Elementary, this home provides a stable, low-maintenance lifestyle. With community amenities including a pool and park views, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30505 Canyon Hills Road 406 Subject | $474,990* List Price | 3 | 3 | 1,633 | $291 | - |
A 30505 Canyon Hills 2204 Sold | $407,000 | 2 | 3 | 1,274 | $319 | 0.1 mi |
B 30505 Canyon Hills Sold | $417,000 | 2 | 3 | 1,274 | $327 | 0.1 mi |
C 34213 Parkside Drive Sold | $535,000 | 4 | 3 | 1,922 | $278 | 0.8 mi |
D 30505 Canyon Hills Rd 502 Active | $485,000 List Price | 3 | 3 | 1,565 | $310 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this 19-year-old townhouse falls within the 10-20 year range for 'Good' condition. The interior is well-maintained and move-in ready with functional dark wood cabinetry, granite countertops, and stainless steel appliances. Systems like the HVAC units appear original but operational, and the overall aesthetic remains contemporary and functional without immediate need for major renovation.
As a desirable end-unit within a secure gated community, this property offers enhanced privacy, more natural light, and a quieter living environment compared to standard interior units.
The 1,633 sqft floor plan is highly optimized for modern living, featuring an open-concept main level, a dedicated built-in office nook, and the convenience of an upstairs laundry room.
The association provides excellent value through well-maintained amenities including a swimming pool and play areas, which bolsters both residential quality of life and rental appeal.
With 98 days on market and a recent price reduction, the property is experiencing slower-than-average absorption, which may indicate a mismatch between current pricing and buyer expectations.
The current list price of $474,990 is slightly below the property's 2022 sale price of $480,000, suggesting a lack of recent capital growth in this specific condominium segment.
Welcome to this desirable end-unit townhouse in Lake Elsinore, ideally located near Canyon Lake and within a popular local school district. Offering 3 bedrooms, 2.5 bathrooms, and 1,633 square feet of well-designed living space, this home presents a fantastic opportunity for both first-time buyers and investors. The open-concept floor plan features a cozy fireplace and seamless flow between the living, dining, and kitchen areas, creating a comfortable and functional space for everyday living. All bedrooms are located upstairs, including a spacious primary suite with an oversized bathroom and ample closet space. A built-in office nook and upstairs laundry add convenience and flexibility. Additional highlights include an attached garage, guest parking, and a private end-unit location within a secure GATED community. Residents enjoy access to well-maintained amenities such as a pool and play areas. With close proximity to schools, parks, shopping, and dining, this home offers strong rental appeal and long-term value in a growing area.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,633 | 1,807 |
| Lot Size | - | 1,485 |
| Price | $475.0K | $415.9K |
| Price per sq ft | $291 | $275 |
| Built year | 2007 | 2026 |
| HOA | $300.0 | $229 |
| Days on market | 107 | 97 |
Jun 13, 2026
$474,990
$480,000
-1% Price Drop
Initial Listing
Apr 6, 2026
$480,000
Initial Listing
Jul 21, 2022
$480,000
Public Record
Feb 24, 2022
$443,000
Public Record
Jun 10, 2019
$303,000
Public Record
Jan 11, 2010
$149,000
Public Record
Aug 31, 2007
$313,500
Public Record