3710 Colonial Circle, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath

3710 Colonial Circle, Lake Elsinore, California 92530 home-pic-0
ACTIVE$545,000
3710 Colonial Circle, Lake Elsinore, California 92530
3Beds
2Baths
1,467Sqft
6,098Lot
Year Built
1983
Close
-
List price
$545K
Original List price
$550K
Price/Sqft
$372
HOA
-
Days on market
-
Sold On
-
MLS number
DW25071152
Home ConditionFair
Features
Good View: Mountain(s)
Pool
Spa
Patio
ViewMountain(s)

About this home

Possibly Over-Priced:The estimated price is 60% below the list price. We found 3 Cons,5 Pros. Rank: price - $545.0K(29th), sqft - 1467(25th), beds - 3(50th), baths - 2(50th).

Just one mile from Lake Elsinore, this 3-bedroom, 2-bath home features a PRIVATE POOL and SPA, mountain views, and room for RV or boat parking. The open floor plan includes two living areas, perfect for entertaining or a home office. The primary suite has its own bathroom and sliding doors that open straight to the pool—great for indoor-outdoor living. Located in a quiet neighborhood near parks and outdoor activities. A great opportunity for anyone looking to enjoy lake life, poolside summers, and extra space.

Condition Rating
Fair

Built in 1983, this property is over 40 years old. While the exterior and pool area appear well-maintained, and some interior updates like laminate flooring and ceiling fans are visible, there are no images or descriptions of the kitchen or bathrooms. This omission strongly suggests these key areas are likely original or have older, outdated renovations. The property analysis also notes 'Potential for Interior Updates' as a weakness. Therefore, the home is aged but maintained, with major components functional but showing signs of being outdated, requiring minor to moderate updates, particularly in the kitchen and bathrooms, to meet current standards.
Pros & Cons

Pros

Private Pool and Spa: The property features a private pool and spa, offering significant recreational value and appeal, especially in a warm climate.
Proximity to Lake Elsinore: Located just one mile from Lake Elsinore, providing convenient access to lake-related activities and a desirable lifestyle.
RV/Boat Parking: Includes dedicated space for RV or boat parking, a valuable amenity for owners with recreational vehicles.
Mountain Views: Offers desirable mountain views, enhancing the property's aesthetic appeal and outdoor living experience.
Flexible Living & Indoor-Outdoor Flow: Features an open floor plan with two living areas and direct pool access from the primary suite, ideal for entertaining and seamless indoor-outdoor living.

Cons

Age of Property: Built in 1983, the home may have older systems and finishes that could require future updates or maintenance, potentially incurring additional costs for a buyer.
Lack of Mention of Cooling System: The description does not specify a cooling system (e.g., central AC), which is a crucial amenity in Lake Elsinore's warm climate and could be a drawback for potential buyers.
Potential for Interior Updates: While the floor plan is open, the description does not highlight recent renovations to key interior areas like the kitchen or bathrooms, suggesting potential for buyer-funded upgrades to modernize the home.

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