
Lake Elsinore, California 92530
This Modern Turnkey Residence is a Strong Value Opportunity, listed at $520,000—positioned well below the $572,662 Fair Market Value by 9%. This valuation gap provides $52,662 in Instant Equity for incoming buyers. Boasting an Excellent Condition Rating, the 2020-built home features energy-efficient solar panels, a SMART home setup, and mountain views. Located in a gated community within the Lake Elsinore Unified district, it offers resort-style amenities and seamless commuter access. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a low-maintenance, high-efficiency asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32894 Crown Point Subject | $500,000* List Price | 3 | 3 | 1,794 | $279 | - |
A 32921 Middlegate Sold | $551,610 | 4 | 3 | 2,021 | $273 | 0.2 mi |
B 32976 Middlegate Sold | $508,000 | 3 | 3 | 1,794 | $283 | 0.1 mi |
C 15397 Darnell Drive Lot 68 Lot 68 Sold | $595,839 | 3 | 2 | 1,768 | $337 | 0.4 mi |
D 15373 Darnell Drive Lot 66 Lot 66 Sold | $594,000 | 4 | 3 | 2,216 | $268 | 0.4 mi |
E 15337 Darnell Lot 63 Lot 63 Sold | $628,680 | 5 | 3 | 2,216 | $284 | 0.4 mi |
F 15296 Laguna Ave Lot 133 Echo Lot 133 Pending | $587,000 List Price | 4 | 2 | 1,941 | $302 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2020, placing it well within the 10-year window for an excellent rating. The kitchen is modern, featuring dark shaker-style cabinetry, granite countertops, and a full suite of stainless steel appliances. The bathrooms are in pristine condition with contemporary fixtures and finishes. The home also includes high-value modern upgrades such as solar panels and a smart home setup. Throughout the images, there is no evidence of deferred maintenance or significant physical depreciation, making it a virtually new, move-in-ready residence.
Built in 2020, this home features energy-saving solar panels and a comprehensive smart home setup, providing significant utility savings and modern convenience.
Located in the desirable Westlake Village, the property offers access to resort-style amenities including a pool, spa, dog park, and secure gated entry.
The home is ideally positioned near the 15 freeway and Ortega Highway, offering mountain views and excellent accessibility for those commuting to surrounding employment hubs.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2178, living area = 1794.
The small 2,178 sq ft lot and finished concrete backyard offer minimal space for gardening, play, or traditional landscaping.
The compact lot size and proximity to neighboring homes within the gated community may result in less privacy compared to traditional detached residences.
Welcome to this beautifully upgraded home in the highly sought-after gated community of Westlake Village in Lake Elsinore, where comfort, style, and convenience come together. This well-maintained 3-bedroom, 2.5-bath home offers 1,794 sq. ft. of bright, open living space that’s perfect for everyday living and entertaining. Inside, you’ll find an open-concept floor plan filled with natural light. The spacious kitchen flows seamlessly into the dining and living areas, creating an inviting space for family gatherings or hosting friends. Upstairs, the generously sized primary suite serves as a private retreat, complete with an en-suite bathroom and a large walk-in closet. Two additional bedrooms offer flexibility for guests, a home office, or a growing family. Step outside to a low-maintenance backyard featuring a covered patio and finished concrete, perfect for relaxing with your morning coffee, weekend barbecues, or enjoying Southern California evenings. Additional highlights include solar panels for energy efficiency, a SMART home system, indoor laundry, an attached garage, and ample storage throughout. As a resident of Westlake Village, you’ll enjoy resort-style amenities including a pool, spa, park, dog park, and beautifully maintained grounds, all within a secure gated community. Conveniently located near the lake, shopping, dining, scenic trails, and highly rated schools, with easy access to the I-15 Freeway and Ortega Highway for commuters. Situated near the front of the community with beautiful mountain and sunset views, this move-in-ready home truly has it all. Extra Remarks: Buyer was unable to perform after utilizing additional credit prior to closing, resulting in loan qualification issues. Seller had already identified a replacement property and remained fully committed to the transaction. There were no property-related issues, no inspection concerns, and the home appraised at value. Transaction canceled solely due to buyer financing. Please contact the listing agent directly with any questions.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,794 | 1,997.676 |
| Lot Size | 2,178 | 7,302.624 |
| Price | $500.0K | $602.7K |
| Price per sq ft | $279 | $299 |
| Built year | 2020 | 2005 |
| HOA | $167.0 | $146 |
| Days on market | 155 | 65 |
Aug 14, 2026
$500,000
$520,000
-4% Price Drop
Initial Listing
Apr 7, 2026
$520,000
Initial Listing
Aug 6, 2021
$345,500
Public Record