
Lake Elsinore, California 92530
This Spacious Rural Estate is a Strong Value Opportunity, listed at $875,000—positioned well above the $821,696 Fair Market Value. While the property requires cosmetic updates, its Fair Condition Rating is offset by a massive 1-acre lot, private well, and extensive orchard. Featuring a modernized kitchen, pool, and panoramic lake views, this home offers a unique lifestyle for those seeking privacy without HOA restrictions. It is an ideal acquisition for Owner-Occupants desiring a rural retreat or Value-Add Investors looking to capitalize on the expansive grounds.
Property is moderate renovation needed.
The property was built in 1990 (34 years old), placing it in the 'Fair' to 'Poor' age bracket. While the kitchen has received a recent partial renovation with new quartz countertops and appliances, the bathrooms remain dated with original 1990s oak cabinetry and tile counters. The presence of dated green carpeting and original fixtures suggests the home is functional and move-in ready but requires cosmetic updates to meet modern standards.
The nearly one-acre lot is a private oasis featuring a pool, basketball court, BBQ island, and an orchard with over 20 fruit trees, all serviced by a private well for efficient irrigation.
The heart of the home has been updated with new Quartz countertops and appliances, featuring a massive 50 sq. ft. walk-in pantry plus a secondary pantry for maximum organization.
The property offers significant value with no HOA or Mello Roos fees, situated on a secluded road with only three other homes and no neighbors directly across the street.
The extensive grounds, pool, and diverse orchard will require significant ongoing labor and expense to maintain, which may overwhelm some buyers.
The property is specifically designed for rural living, which may limit its marketability to buyers who prefer traditional suburban proximity to shopping and services.
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 | 1,997.676 |
| Lot Size | 37,462 | 7,302.624 |
| Price | $775.0K | $602.7K |
| Price per sq ft | $271 | $299 |
| Built year | 1990 | 2005 |
| HOA | $0 | $146 |
| Days on market | 49 | 65 |
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