315 Davis Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
ACTIVE$569,900
315 Davis Street, Lake Elsinore, California 92530
3Beds
2Baths
1,500Sqft
9,148Lot
Price Vs. Estimate
The estimated value ($569,900) is $0 (0%) lower than the list price ($569,900). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 9148, living area = 1500.
Top Cons:
Lack of Cooling System Mention: Despite being a new build in a warm climate, the description does not specify the presence of an air conditioning or cooling system, which could be a significant concern for potential buyers.
Compared to the nearby listings
Price:$569.9K vs avg $585.9K ($-15,958)41%
Size:1,500 sqft vs avg 1,884 sqft26%
Price/sqft:$380 vs avg $32181%
More Insights
Built in 2024 (1 years old).
Condition: This property is a brand new custom-built home from 2024, meeting the 'Excellent' criteria of being built within 10 years. The images and description showcase a modern, open-concept design with high-quality finishes throughout. The kitchen features expansive quartz countertops, white shaker cabinets, and new energy-efficient stainless steel appliances. Both bathrooms are impeccably designed with contemporary fixtures, stylish vanities, and modern tile work (including a striking patterned tile in the master bath). Recessed lighting, new wood-look laminate flooring, and double-panel windows contribute to a virtually new condition with no deferred maintenance.
Year Built
2024
Close
-
List price
$570K
Original List price
$575K
Price/Sqft
$380
HOA
-
Days on market
-
Sold On
-
MLS number
SW25036622
Home ConditionExcellent
Features
View-
About this home
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!!!!!
Condition Rating
Excellent
This property is a brand new custom-built home from 2024, meeting the 'Excellent' criteria of being built within 10 years. The images and description showcase a modern, open-concept design with high-quality finishes throughout. The kitchen features expansive quartz countertops, white shaker cabinets, and new energy-efficient stainless steel appliances. Both bathrooms are impeccably designed with contemporary fixtures, stylish vanities, and modern tile work (including a striking patterned tile in the master bath). Recessed lighting, new wood-look laminate flooring, and double-panel windows contribute to a virtually new condition with no deferred maintenance.
Pros & Cons
Pros
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 = 9148, living area = 1500.
Brand New Construction & Modern Features: Built in 2024, this custom-made, contemporary ranch-style home offers an open concept, new energy-efficient appliances, quartz countertops, white shaker cabinets, recessed lighting, and double-panel windows.
Generous Lot Size & No HOA: The property features a large lot of nearly 9,000 sq ft, providing ample outdoor space, and benefits from having no HOA fees, offering greater flexibility and cost savings.
High-Quality Craftsmanship & Finishes: The home emphasizes 'unparalleled craftsmanship' and 'attention to detail,' with quality finishes throughout, including a well-appointed kitchen and inviting bathrooms.
Prime Recreational & Commuter Location: Strategically located within half a mile of Yarborough Park and 3 miles from Elm Grove Beach/Launch Pointe on Lake Elsinore, offering excellent recreational opportunities. It also provides quick access to the I-15 freeway for commuters.
Functional Single-Story Layout: The single-story, 3-bedroom, 2-bathroom layout offers 1500 sq ft of comfortable living space, complemented by a 400 sq ft garage, enhancing practicality.
Cons
Lack of Cooling System Mention: Despite being a new build in a warm climate, the description does not specify the presence of an air conditioning or cooling system, which could be a significant concern for potential buyers.
Absence of Scenic Views: The property explicitly states 'view: None,' which is a notable drawback in Lake Elsinore, where lake, hill, or mountain views are often desirable and present in comparable properties.
Recent Price Adjustment: The property has undergone a slight price reduction from its original list price of $575,000 to $569,900, which might indicate initial overpricing or a need to stimulate buyer interest.