3317 Banyon Circle, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 5 bed, 4 bath
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Lake Elsinore, California 92530
This Spacious Single-Family Residence is a Strong Value Opportunity, listed at $649,999—positioned well below the $670,469 Fair Market Value by 3%. This valuation gap offers $20,470 in Instant Equity. Featuring a Modern Gourmet Kitchen and a versatile floor plan with a main-floor bedroom, the home maintains a Condition Rating of 3. While local school ratings are average, the property offers significant lifestyle value through resort-style community amenities and scenic mountain views. This is an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3317 Banyon Circle Subject | $649,999* List Price | 5 | 4 | 3,125 | $215 | - |
A 4170 Alderwood Sold | $715,000 | 5 | 5 | 2,952 | $242 | 0.5 mi |
B 4154 Alderwood Place Sold | $640,000 | 5 | 3 | 2,618 | $244 | 0.5 mi |
C 3977 Hudson Lane Sold | $819,990 | 5 | 5 | 3,100 | $265 | 0.5 mi |
D 3937 Hudson Lane Sold | $749,990 | 5 | 5 | 3,188 | $235 | 0.6 mi |
E 4110 Poplar Sold | $710,000 | 5 | 4 | 3,840 | $185 | 0.4 mi |
F 4671 Swan Avenue Sold | $625,000 | 4 | 3 | 2,517 | $248 | 0.9 mi |
G 4154 Ladrillo Active | $718,000 List Price | 5 | 4 | 3,125 | $230 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005 (19 years old), this home is well-maintained and move-in ready. The kitchen and bathrooms feature functional granite countertops and original cabinetry that appear in good condition, fitting the 10-20 year age bracket for functional, well-kept properties.
The 3,125 sqft layout includes five bedrooms and four bathrooms, featuring a highly desirable main-floor bedroom and full bath perfect for guests or multi-generational living.
Located in a premier master-planned community, residents enjoy access to resort-style pools, splash pads, sports courts, and extensive walking trails, enhancing the overall lifestyle value.
The heart of the home features granite slab countertops, a large center island, and built-in stainless appliances, providing a functional and stylish space for entertaining.
The local assigned schools, specifically Machado Elementary and Terra Cotta Middle, carry lower performance ratings (3 and 4 respectively), which may be a drawback for education-focused families.
The property is subject to a $150 monthly association fee, which increases the total monthly carrying cost compared to nearby non-HOA communities.
Welcome to 3317 Banyon Circle, a spacious and beautifully appointed home offering 5 bedrooms, 4 bathrooms, a 3-car garage, and stunning mountain views in one of Lake Elsinore's most desirable master-planned communities. Situated on an approximately 6,970 square foot lot, this thoughtfully designed home provides the perfect balance of functionality and comfort. From the moment you enter, you'll appreciate the elegant custom wrought iron staircase, abundant natural light, and open-concept layout designed for both everyday living and entertaining. The heart of the home is the expansive kitchen, featuring rich cabinetry, granite slab countertops, a large center island, built-in wall oven and microwave, a 5-burner gas cooktop, and ample storage and workspace. The kitchen flows seamlessly into the family room and dining area, creating a welcoming gathering space for family and friends. A highly desirable main-floor bedroom and full bathroom offer flexibility for guests, multigenerational living, or a private home office. Upstairs, the spacious primary suite serves as a true retreat with beautiful views, dual vanities, granite countertops, a soaking tub, separate walk-in shower, and an oversized walk-in closet. Three additional bedrooms provide plenty of room for family and guests, including one bedroom with its own private ensuite bathroom. Two secondary bedrooms share a convenient double-sink bathroom. The upstairs laundry room is thoughtfully designed with a utility sink, folding counter, and abundant cabinetry. A built-in desk and storage area in the upstairs hallway create the perfect homework station or workspace. Step outside and enjoy Southern California living at its finest. Whether you're sipping your morning coffee while watching the sunrise over the mountains or relaxing in the evening as the sun sets, the backyard offers a peaceful setting to take in the surrounding views. Residents enjoy access to exceptional community amenities including resort-style pools, splash pads, parks, soccer fields, basketball courts, clubhouses, and walking trails. Conveniently located just minutes from Lake Elsinore, shopping, dining, entertainment, and easy access to the 15 Freeway, this home offers the lifestyle, space, and amenities today's buyers are searching for.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 86% |
| Baths | 4.0 | 3.0 | 90% |
| Square foot | 3,125 | 1,928 | 97% |
| Lot Size | 6,970 | 6,970 | 50% |
| Price | $650.0K | $595.0K | 74% |
| Price per sq ft | $208 | $306 | 3% |
| Built year | 2005 | 2002 | 55% |
| HOA | $150.0 | $0 | 88% |
| Days on market | 10 | 159 | 2% |
Jun 4, 2026
$649,999
Initial Listing
Aug 27, 2018
$425,000
Public Record
Aug 29, 2016
$375,000
Public Record
Oct 28, 2005
$497,000
Public Record