30968 Olas Court, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath
30968 Olas Court
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 30968 Olas Court, Lake Elsinore, California 92530 is currently available with a list price of $489,990. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This is a brand-new construction property (built in 2026) featuring modern high-quality finishes such as granite countertops, stainless steel appliances, white shaker cabinetry, and vinyl flooring. As a new build, all systems, including the smart home features and EV pre-plumbing, are new with no deferred maintenance or physical depreciation.
PROSSTRENGTHS & OPPORTUNITIES
- Modern New Construction
Built in 2026, this home features contemporary Smart Home technology, energy-efficient pre-plumbing for electric vehicles, and high-end finishes like granite countertops and shaker cabinetry.
- Desirable Gated Community
Residents benefit from the security of a gated entrance and access to premium amenities, including a community pool, open green spaces, and a dedicated play area.
- Functional Corner Lot Layout
The 1,907-square-foot floor plan maximizes space with an open-concept great room, a dedicated upstairs tech area for remote work, and the added privacy of a corner lot position.
CONSRISKS & DEFICIENCIES
- Extended Delivery Timeline
With an anticipated completion date in late May 2026, this property is not suitable for buyers requiring immediate occupancy or those wary of long-term construction schedules.
- Minimal Private Lot Size
The 1,485-square-foot lot is relatively small compared to the home's interior square footage, offering limited private outdoor space for gardening or large-scale entertaining.
About 30968 Olas Court
This lovely two-story 1,907-square foot French Country facade home on a corner lot is in a gated community. The first floor has an island kitchen with granite counters, built-in stainless-steel appliances and pantry closet, a free-flowing Great room and Dining room, and a powder bathroom. Upstairs is the primary bedroom with ensuite bathroom and walk-in closet, 2 additional bedrooms, a full bathroom, laundry room, and tech area. The interior comes complete with white shaker-style cabinetry, lots of included recessed lighting, and vinyl flooring in the main living areas and carpet in the bedrooms and closets. This truly modern home has all the Smart Home features you would expect with a direct-access 2-car garage pre-plumbed for an electric car! This community features a pool, open space with a "tot lot" play area, and it is situated approximately one mile Northwest of the lake with nearby freeway access. We anticipate this home will be ready for move-in at the end of May 2026.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2026
- Lot Size
- 1,485 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,907 | 1,807 | 69% |
| Lot Size | 1,485 | 1,473 | 63% |
| Price | $490.0K | $495.0K | 50% |
| Price per sq ft | $257 | $279 | 6% |
| Built year | 2026 | 2025 | 94% |
| HOA | $229.0 | $229 | 50% |
| Days on market | 21 | 174 | 6% |
Pricing History
Listed for Sale
Feb 27, 2026
$489,990
$509,990
-4% Price Drop
Initial Listing
Price Change
Feb 14, 2026
$509,990
Initial Listing