33051 Adelfa, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 1 bath
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Lake Elsinore, California 92530
This Turnkey Single Family Residence is a High-Potential Investment Opportunity, listed at $474,999—positioned above the $427,732 Fair Market Value. While priced above market, the property features a Mint Condition Rating following comprehensive recent renovations, including a new kitchen with quartz countertops and new flooring. Situated on a generous 7,405 sqft lot with mountain views, the home offers significant outdoor potential. This property provides a stable, move-in-ready lifestyle for first-time buyers or owner-occupants seeking a low-maintenance home with no HOA fees.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33051 Adelfa Subject | $474,999* List Price | 3 | 1 | 864 | $495 | - |
A 17635 Nelson Avenue Sold | $401,700 | 3 | 2 | 886 | $453 | 0.6 mi |
B 17656 Brightman Sold | $405,000 | 2 | 1 | 858 | $472 | 0.6 mi |
C 33217 Wood Sold | $435,000 | 4 | 2 | 1,100 | $395 | 1.0 mi |
D 33091 Adelfa Active Under Contract | $465,000 List Price | 2 | 1 | 864 | $538 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1974, the property has undergone a comprehensive recent renovation (likely <2 years) including a brand new kitchen with quartz countertops and upgraded appliances, new flooring throughout, and a custom updated bathroom, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 864.
The home features a completely updated kitchen with quartz countertops and upgraded appliances, along with new flooring and a custom bathroom, offering a move-in-ready experience for buyers.
With no HOA fees and a low tax rate, this property provides significant monthly savings and greater financial flexibility compared to newer developments in the area.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2026-05-19. The sold price is $316,000.00.
Despite having three bedrooms, the home only features one bathroom, which may be a significant drawback for families or multi-resident households.
Nestled in the scenic community of Lake Elsinore just blocks from the lake and surrounding picturesque mountains. Perfect blend of modern upgrades, you’ll find a stunning new kitchen featuring a quartz countertops, upgraded appliances, and abundant cabinetry—perfect for a warming and comfort feeling you can call home. New flooring throughout and custom new bathroom adds durability and a clean, modern aesthetic, this three bedrooms one bath home with ample outdoor living, and endless potential. Conveniently located near the lake, shopping, dining, and commuter routes. Low taxes and no HOA!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 864 | 1,973 |
| Lot Size | 7,405 | 6,970 |
| Price | $475.0K | $601.5K |
| Price per sq ft | $550 | $293 |
| Built year | 1974 | 2004 |
| HOA | $0 | $146 |
| Days on market | 11 | 64 |
Jul 11, 2026
$474,999
Initial Listing
May 19, 2026
$316,000
Public Record
Mar 28, 1997
$4,636
Public Record
Dec 31, 1996
$22,000
Public Record