30903 Olas Court, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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30903 Olas Court
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,900Sq Ft
1,874Lot Size
Property Price
LIST PRICE$509,990
EST. MARKET VALUE
$509,856
SUMMARY
This Modern New Construction home is a Strong Value Opportunity, listed at $509,990—positioned well below the $509,857 Fair Market Value by a negligible margin, reflecting a stable, fair-market price point. Featuring a Modern Farmhouse facade, Smart Home technology, and an Excellent Condition Rating (2), this 1,900-sf residence offers a versatile layout with a downstairs bedroom and loft. Residents enjoy gated community amenities including a built-in pool. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a turnkey, energy-efficient lifestyle.
Estimated Market Value
$509,856
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 |
|---|---|---|---|---|---|---|
★ 30903 Olas Court Subject 4 bd · 3 ba · 1,900 sqft · $268 | $509,990* List Price | 4 | 3 | 1,900 | $268 | - |
A 30927 Olas Court Sold 4 bd · 3 ba · 1,900 sqft · $265 · 0.0 mi | $503,990 | 4 | 3 | 1,900 | $265 | 0.0 mi |
B 30943 Olas Court Sold 4 bd · 3 ba · 1,900 sqft · $263 · 0.0 mi | $498,825 | 4 | 3 | 1,900 | $263 | 0.0 mi |
C 30940 Olas Court Sold 4 bd · 3 ba · 2,009 sqft · $267 · 0.0 mi | $535,825 | 4 | 3 | 2,009 | $267 | 0.0 mi |
D 30956 Olas Court Sold 4 bd · 3 ba · 2,009 sqft · $267 · 0.0 mi | $536,825 | 4 | 3 | 2,009 | $267 | 0.0 mi |
E 30952 Olas Court Sold 3 bd · 3 ba · 1,907 sqft · $264 · 0.0 mi | $503,050 | 3 | 3 | 1,907 | $264 | 0.0 mi |
F 30967 Olas Court Sold 4 bd · 3 ba · 1,900 sqft · $265 · 0.1 mi | $503,825 | 4 | 3 | 1,900 | $265 | 0.1 mi |
G 30951 Olas Court Sold 4 bd · 3 ba · 1,900 sqft · $265 · 0.1 mi | $503,825 | 4 | 3 | 1,900 | $265 | 0.1 mi |
H 30948 Olas Court Sold 4 bd · 3 ba · 2,009 sqft · $266 · 0.1 mi | $534,825 | 4 | 3 | 2,009 | $266 | 0.1 mi |
I 30919 Olas Court Active 4 bd · 3 ba · 1,900 sqft · $258 · 0.0 mi | $489,990 List Price | 4 | 3 | 1,900 | $258 | 0.0 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.
Brand new construction (2026) featuring modern farmhouse finishes, granite countertops, stainless steel appliances, and energy-efficient systems including solar and EV pre-plumbing.
PROSSTRENGTHS & OPPORTUNITIES
- Modern New Construction
Built in 2026, this home features a contemporary Modern Farmhouse facade, integrated Smart Home technology, and energy-efficient solar power, ensuring a move-in-ready experience with modern standards.
- Versatile Floor Plan
The 1,900-sf layout includes a highly desirable downstairs bedroom with a full bathroom and an upstairs loft, offering excellent flexibility for multi-generational living or a dedicated home office.
- Gated Community Amenities
Located in a secure gated community, the property offers residents access to premium shared amenities including a built-in pool and open green space play areas.
CONSRISKS & DEFICIENCIES
- Minimal Lot Size
With a lot size of only 1,874 sqft for a 1,900 sqft home, the property offers very limited private outdoor space, which may be a drawback for buyers seeking a traditional backyard.
- Additional Monthly Costs
The combination of a $229 monthly association fee and mandatory solar requirements increases the total monthly carrying cost beyond the mortgage principal and interest.
About 30903 Olas Court
This lovely two-story 1,900-sf home in a gated community has a Modern Farmhouse facade, and downstairs bedroom with walk-in closet and full bathroom. The first floor living area also has an Island kitchen with granite counters, built-in stainless-steel appliances and pantry closet, Great room and separate dining room. Upstairs is a loft, the primary bedroom with ensuite bathroom and separate walk-in closet, 2 additional bedrooms with walk-in closets, a full bathroom, laundry room, and linen closet. The interior comes complete with White shaker-style cabinetry, lots of included recessed lighting, laminate flooring in the main living areas and carpet in the bedrooms and closets. This truly modern home has all the Smart Home and energy efficient features you would expect including a direct-access 2-car garage pre-plumbed for an electric car, and solar mandatory. The community features an entry gate, built-in pool, open green space play area, and is situated approximately one mile Northwest of the lake with nearby freeway access. We anticipate this home will be ready for move-in mid-December this year.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2026
- Lot Size
- 1,874 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $229.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,900 | 1,604.241 |
| Lot Size | 1,874 | 1,588.276 |
| Price | $510.0K | $427.1K |
| Price per sq ft | $268 | $270 |
| Built year | 2026 | 2012 |
| HOA | $229.0 | $298 |
| Days on market | 77 | 85 |
Pricing History
Listed for Sale
Oct 8, 2026
$509,990
$525,990
-3% Price Drop
Initial Listing
Price Change
Aug 18, 2026
$525,990
$521,990
+1% Price Increase
Initial Listing
Price Change
Aug 9, 2026
$521,990
Initial Listing