315 Davis, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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315 Davis
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,443Sq Ft
8,712Lot Size
Property Price
LIST PRICE$535,000
EST. MARKET VALUE
$517,653
3% AboveMARKET VALUE
SUMMARY
This 2024 Custom-Built Single-Family Residence is a Strong Value Opportunity, listed at $535,000—positioned slightly above the $517,653 Fair Market Value. While the price reflects a premium for its Mint Condition Rating, the property offers significant long-term stability with its 9,000 sq ft lot and No HOA fees. Featuring modern quartz finishes and energy-efficient systems, this home provides a turnkey lifestyle near Lake Elsinore’s recreational hubs. It is an ideal acquisition for first-time buyers or owner-occupants seeking a modern, low-maintenance sanctuary.
Estimated Market Value
$517,653
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 |
|---|---|---|---|---|---|---|
★ 315 Davis Subject 3 bd · 2 ba · 1,443 sqft · $359 | $535,000* List Price | 3 | 2 | 1,443 | $359 | - |
A 206 Silver Sold 3 bd · 2 ba · 1,950 sqft · $310 · 0.3 mi | $605,000 | 3 | 2 | 1,950 | $310 | 0.3 mi |
B 1005 W Sumner Active 3 bd · 2 ba · 1,450 sqft · $379 · 0.3 mi | $550,000 List Price | 3 | 2 | 1,450 | $379 | 0.3 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 2024 custom construction featuring modern quartz countertops, shaker cabinets, energy-efficient appliances, and new electrical/HVAC systems. Mint condition with no maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 1443.
- Brand New Construction
Built in 2024, this custom contemporary ranch offers modern craftsmanship, energy-efficient appliances, and high-end finishes like quartz countertops and shaker cabinets, ensuring a move-in-ready experience.
- Expansive Lot with No HOA
The nearly 9,000 square foot lot provides significant outdoor space for customization or recreation, while the absence of an HOA offers homeowners greater freedom and lower monthly carrying costs.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
Despite its proximity to the lake and surrounding natural beauty, the property is noted as having no views, which may be a drawback for buyers seeking the quintessential Lake Elsinore landscape.
- Compact Living Area
At 1,443 square feet, the interior living space is relatively modest for a new construction home on such a large lot, which may feel restrictive for larger families or those requiring more indoor utility.
About 315 Davis
2024 Custom Made Home with Large Lot! Contemporary Ranch STUNNING single-story open concept home with 3 BR, 2 BA in the vibrant city of Lake Elsinore ! This home offers unparalleled craftmanship with over 1500 sq feet + a 400 SQ Garage, expansive Kitchen quartz counters with white shaker cabinets, top of the line energy efficient appliances, recessed lighting throughout, double panel windows, walk -in closet and inviting bathrooms plus a HUGE YARD of almost 9000 square feet, with NO HOA. Attention to detail and beautiful finishes abound !! Located 1/2 mile from Yarborough Park complete with playground, football field, water games and more, 3 miles from the coveted Elm Grove Beach and the Launch Pointe Recreation and RV Park on the Lake. Quick 15 freeway access, close to Murrieta and adjoining cities and close to all shopping, Don't miss this great opportunity to own this home !!!!! A MUST SEE!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2024
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 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 | 2.0 | 3.0 |
| Square foot | 1,443 | 2,014.188 |
| Lot Size | 8,712 | 7,537.856 |
| Price | $535.0K | $605.8K |
| Price per sq ft | $371 | $297 |
| Built year | 2024 | 2005 |
| HOA | $0 | $143 |
| Days on market | 7 | 70 |
Pricing History
Listed for Sale
Oct 18, 2026
$535,000
Initial Listing
Sold
Oct 30, 2019
$38,000
Public Record
Sold
Nov 14, 2005
$67,000
Public Record