
Lake Elsinore, California 92530
This Updated Lakeside Residence is a Prime Investment Opportunity, listed at $484,990—positioned well below the $497,002 Fair Market Value by 2%. This valuation gap provides $12,012 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the home features a Remodeled Kitchen with stone countertops and Solar Panels, complemented by scenic Mountain Views. Located just a 3-minute walk from the lake within the Lake Elsinore Unified district, it offers a turnkey lifestyle with long-term appreciation potential. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is move-in ready.
The property is move-in ready and features significant recent interior updates. The kitchen has been fully remodeled with modern white shaker cabinets, gold hardware, dark stone countertops, and stainless steel appliances. The home also boasts updated laminate flooring, fresh interior paint, and a modernized bathroom with a new vanity and vessel sink. While the 1979 construction is still visible in the exterior architecture and popcorn ceilings, the overall quality of the interior renovations and the addition of solar panels justify a 'good' condition rating.
The property is situated just a 3-minute walk from the lake and boat launch, offering exceptional convenience for water sports and outdoor recreation enthusiasts.
Featuring a fully remodeled kitchen and fresh interior paint, the home provides a contemporary, move-in-ready environment that appeals to modern buyers.
With a recent price reduction and its proximity to desirable amenities, this property represents a competitive entry point for both primary residents and investors in the Lake Elsinore market.
The lot size of 3,049 square feet is relatively small for a single-family residence, which may limit outdoor activities or future expansion possibilities.
Built in 1979, the home may require more frequent maintenance of its original structural or mechanical systems compared to newer constructions in the area.
Welcome to this beautifully updated home in the desirable Lake Elsinore area, offering the perfect blend of comfort, convenience, and lifestyle. Recently painted throughout the interior, the home feels fresh, bright, and move-in ready from the moment you walk in. The remodeled kitchen is a true highlight, featuring modern updates that make it ideal for both everyday living and entertaining. Enjoy the unbeatable location just a short 3-minute walk to the lake and nearby boat launch, perfect for those who love water activities, morning walks, or relaxing by the water. Whether you are looking for a primary residence or a great investment opportunity, this home offers incredible value with its updates and proximity to outdoor recreation. Do not miss your chance to own a well-maintained, upgraded home in one of Lake Elsinore’s most convenient and enjoyable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,251 | 1,924 | 13% |
| Lot Size | 3,049 | 7,405 | 5% |
| Price | $485.0K | $595.0K | 15% |
| Price per sq ft | $388 | $310 | 85% |
| Built year | 1979 | 2004 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 15 | 195 | 2% |
Apr 9, 2026
$484,990
Initial Listing
Apr 7, 2026
$499,990
Initial Listing
Sep 12, 2023
$436,000
Public Record
Apr 7, 2017
$208,000
Public Record
Oct 7, 2008
$112,000
Public Record
Apr 13, 2004
$185,000
Public Record
Oct 16, 2000
$82,000
Public Record