
Lake Elsinore, California 92530
This Single Family Residence presents a Strong Value Opportunity, listed at $550,000—positioned above the $521,915 Fair Market Value by 5%. While priced slightly above market, the property offers significant long-term stability due to its No HOA status and prime location near Lake Elsinore. Featuring a Fair Condition Rating, the home includes modern granite countertops and a functional 4-bedroom layout. This residence balances lifestyle convenience with potential for cosmetic personalization, making it an ideal acquisition for Owner-Occupants or first-time buyers seeking a well-located home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33130 Shoreline Subject | $550,000* List Price | 4 | 3 | 1,677 | $311 | - |
A 15710 Lake Ridge Road Sold | $557,000 | 4 | 3 | 1,782 | $313 | 0.4 mi |
B 15660 Laguna Sold | $605,000 | 4 | 3 | 2,293 | $264 | 0.4 mi |
C 33130 Trabuco Drive Sold | $547,000 | 3 | 2 | 1,754 | $312 | 0.3 mi |
D 33089 Garner Sold | $515,000 | 3 | 2 | 1,628 | $316 | 0.9 mi |
E 15505 Shadow Mountain Ln Sold | $490,000 | 3 | 2 | 1,380 | $355 | 0.6 mi |
F 15556 Orange Street Sold | $499,000 | 3 | 2 | 1,483 | $336 | 0.6 mi |
G 15510 Rose Active | $498,500 List Price | 3 | 2 | 1,338 | $373 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995, the home is approximately 31 years old. While it features some updates such as granite countertops and newer laminate flooring, the kitchen cabinetry remains original and dated. The bathrooms show basic refreshes rather than full modern renovations, and the exterior landscaping requires attention, placing it in the 'Fair' category for its age and dated elements.
The absence of a Homeowners Association (HOA) provides significant monthly savings and greater freedom for property modifications, a highly desirable feature in the Lake Elsinore market.
Ideally situated just minutes from the lake and close to schools, shopping, and freeway access, offering an excellent balance of recreation and commuter convenience.
The home is beautifully maintained with modern granite countertops and a functional four-bedroom layout, making it an attractive option for families seeking immediate occupancy.
Despite its proximity to the lake, the property lacks any significant views, which may be a drawback for buyers specifically looking for the aesthetic appeal of the surrounding landscape.
The lot size is relatively modest for a four-bedroom home, which may restrict options for extensive outdoor amenities or provide less privacy from neighboring properties.
Beautifully maintained two-story home located in the desirable Lake Elsinore community just minutes from the lake! This spacious residence features 4 bedrooms, 2 bathrooms, and approximately 1,677 square feet of living space situated on a 5,662 sq ft lot. Built in 1995, the home offers an inviting layout with abundant natural light, granite countertops, comfortable living spaces, and a functional floor plan ideal for everyday living and entertaining. The property also includes a 2-car garage, generously sized bedrooms, and a private backyard with endless possibilities for outdoor enjoyment. Conveniently located near schools, shopping, dining, parks, and freeway access. This home combines comfort, convenience, and value in one of Lake Elsinore’s growing neighborhoods. No HOA!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,677 | 1,920 | 35% |
| Lot Size | 5,227 | 6,970 | 26% |
| Price | $550.0K | $595.0K | 37% |
| Price per sq ft | $328 | $307 | 63% |
| Built year | 1995 | 2002 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 160 | 2% |
May 21, 2026
$550,000
Initial Listing
Dec 15, 2021
$534,000
Public Record
Jul 29, 2021
$500,000
Public Record
May 13, 1998
$124,000
Public Record