
Lake Elsinore, California 92530
This Custom-Built Rural Residence is a Strong Value Opportunity, listed at $775,000—positioned slightly above the $761,767 Fair Market Value. While the property requires cosmetic updates to its Condition Rating of 4, it offers a unique lifestyle on a nearly one-acre lot featuring a private pool, orchard, and lake views. With no HOA or Mello Roos, this home provides significant long-term financial stability. It is an ideal acquisition for Owner-Occupants seeking a rural sanctuary or lifestyle-focused buyers who value privacy and outdoor amenities.
Property is moderate renovation needed.
The property was built in 1990 (36 years old), placing it in the >20y category. While the kitchen has received recent updates including new quartz countertops and appliances, the bathrooms remain dated with original 1990s tile vanities and oak cabinetry. The interior features dated green carpeting and older fixtures, suggesting the home is functional and move-in ready but requires cosmetic modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 37462, living area = 2861.
The nearly one-acre lot is a private oasis featuring a pool, basketball court, BBQ island, and a diverse orchard with over 20 fruit trees, perfect for resort-style rural living.
The interior boasts a recently remodeled kitchen with Quartz countertops and new appliances, while the primary suite offers a private deck with stunning lake and mountain views.
With over 90 days on the market and multiple price reductions totaling $100,000, the property may face challenges regarding its initial valuation or niche rural appeal.
The expansive split-level lot, private well system, and large orchard demand significant ongoing maintenance and upkeep compared to a traditional suburban residence.
CUSTOM BUILT HOME...POOL HOME!! 4 bedroom, 2-1/2 bath home presents a great room that is open to the kitchen, dining, and family rooms. The kitchen has extensive counter space & cupboards, and provides new appliances, new Quartz counters, new sink & faucet. The walk-in pantry is about 50 sq ft, & there is a separate closet-style pantry, perfect to use as your appliance cabinet or bulk storage space. The primary bedroom also offers a woodburning fireplace, access to the 136 square foot deck giving lake & mountain views, and 2 walk-in closets. The property is just under 1 acre, with a split level set-up having the pool, basketball 1/2 court, firepit and bbq island on the upper level, along with a fenced dog kennel area. The lower level is flat and has an "orchard area" with about 20 fruit trees on property - including oranges, apples, avocados, apricots, lemons, etc. There is also a raised bed growing boysenberries in the spring. The property has auto-sprinklers & a drip system and the well (new pump & tech panel) provides water to make this process seamless. The 3-car extended garage, and the oversized driveway give plenty of room for vehicles. A bonus room off the garage works great as an office, workshop, or exercise room. The home is located on a road with only 3 other homes and no neighbors across the street. The property is fully fenced, having a double access fence directly to the back yard (think larger vehicle storage). All this and NO HOA...NO MELLO ROOS. This home is for a buyer who enjoys rural living.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,861 | 2,014.188 |
| Lot Size | 37,462 | 7,537.856 |
| Price | $775.0K | $605.8K |
| Price per sq ft | $271 | $297 |
| Built year | 1990 | 2005 |
| HOA | $0 | $143 |
| Days on market | 95 | 70 |
Aug 28, 2026
$775,000
$800,000
-3% Price Drop
Initial Listing
Aug 13, 2026
$800,000
$845,000
-5% Price Drop
Initial Listing
Aug 5, 2026
$845,000
$875,000
-3% Price Drop
Initial Listing
Jul 22, 2026
$875,000
Initial Listing
Aug 25, 2000
$295,000
Public Record