30505 Canyon Hills Road 406, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 3 bed, 3 bath
Loading property details...
Lake Elsinore, California 92532
This Desirable End-Unit Townhouse is a Prime Investment Opportunity, listed at $480,000—positioned well below the $493,364 Fair Market Value by 2%. This valuation gap provides $13,364 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the 1,633 sqft residence features a Granite Kitchen, a private Park/Greenbelt View, and access to a gated Pool and Spa. Located within the Lake Elsinore Unified district near Canyon Lake Middle, it is perfectly suited for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 30505 Canyon Hills Road 406 Subject | $480,000* List Price | 3 | 3 | 1,633 | $310 | - |
A 30505 Canyon Hills 2505 Sold | $425,000 | 3 | 3 | 1,565 | $272 | 0.1 mi |
B 30505 Canyon Hills Sold | $417,000 | 2 | 3 | 1,274 | $327 | 0.1 mi |
C 34182 Carissa Drive Sold | $470,000 | 3 | 3 | 1,631 | $288 | 0.9 mi |
D 34169 Carissa Drive Sold | $529,500 | 3 | 3 | 1,767 | $300 | 0.9 mi |
E 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, the property is approximately 19 years old, placing it squarely in the 'Good' category. The kitchen and bathrooms are functional and well-maintained, featuring granite countertops and stainless steel appliances. The home appears move-in ready with no visible signs of deferred maintenance, and the community amenities are in good condition.
As a desirable end-unit, this home offers increased natural light and fewer shared walls, featuring a spacious 1,633 sqft open-concept floor plan with a functional office nook and upstairs laundry.
Located within a secure gated community, residents benefit from well-maintained amenities including a pool, play areas, and greenbelt views, providing a safe and lifestyle-oriented environment.
The property is ideally situated for families, with Cottonwood Canyon Elementary and Canyon Lake Middle School both located within a convenient half-mile radius.
The $300 monthly association fee represents a significant ongoing carrying cost that buyers must factor into their monthly budget and overall affordability.
Being a condominium, the property lacks a traditional private backyard, which may be a disadvantage for buyers prioritizing dedicated outdoor space for pets or gardening.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,633 | 1,475.5 | 70% |
| Lot Size | - | 272 | 50% |
| Price | $480.0K | $439.9K | 70% |
| Price per sq ft | $294 | $305 | 40% |
| Built year | 2007 | 2007 | 50% |
| HOA | $300.0 | $300 | 50% |
| Days on market | 61 | 202 | 10% |
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