
Lake Elsinore, California 92530
This Recently Refreshed Single-Story Residence is a High-Potential Investment Opportunity, listed at $385,000—positioned well below the $436,652 Fair Market Value by 11%. This valuation gap provides $51,652 in Instant Equity for the incoming buyer. Boasting a Move-In Ready Condition Rating, the home features a modernized kitchen with quartz countertops, fresh paint, and scenic mountain range views. Located near the lake with No HOA fees, it offers a rare blend of lifestyle and financial upside. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey asset in a strategic location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3803 Eisenhower Subject | $385,000* List Price | 3 | 2 | 1,125 | $388 | - |
A 809 Canary Sold | $425,000 | 2 | 2 | 1,142 | $372 | 0.5 mi |
B 3591 Raven Active | $484,990 List Price | 3 | 2 | 1,251 | $388 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition following a recent cosmetic renovation. Key updates include newly installed kitchen cabinets, sleek quartz countertops, and fresh interior and exterior paint. The bathrooms have been modernized with updated vanities, contemporary light fixtures, and hardware. While the home was built in 1980, the consistent ceramic tile flooring and updated aesthetic throughout the living spaces meet modern quality standards for a well-maintained, updated residence.
The home features recent interior and exterior paint, along with a fully updated kitchen boasting new cabinets and quartz countertops, offering a move-in-ready experience for buyers.
The absence of a Homeowners Association provides homeowners with greater financial freedom and flexibility regarding property use without monthly fees or restrictive bylaws.
Ideally situated within walking distance to the lake and close to the 15 Freeway and Storm Stadium, the property offers excellent accessibility to recreation, shopping, and commuting.
Built in 1980, the property may eventually require maintenance or updates to core systems like plumbing or electrical that are not covered by the recent cosmetic refreshments.
With a lot size of approximately 3,485 square feet, the outdoor space is relatively compact, which may be a constraint for buyers seeking a large yard or significant expansion potential.
Beautiful single-story 3-bedroom, 2-bath home featuring a cozy open floor plan that welcomes you as soon as you enter. The home has been recently refreshed with new interior and exterior paint, along with newly installed kitchen cabinets and sleek quartz countertops, creating a modern and inviting feel throughout. The kitchen offers a generous peninsula and opens seamlessly to the dining and living areas, making it perfect for everyday living and entertaining. Ceramic tile flooring runs throughout the home, providing a clean and low-maintenance finish. Step outside to enjoy a large private backyard with a pergola style patio, offering plenty of space to relax and unwind. The attached 2-car garage provides parking, with additional space available in front of the garage. Centrally located in Lake Elsinore, this home is just a short distance from the 15 Freeway, Storm Stadium, and within walking distance to the lake, with convenient access to shops and schools—WITH NO HOA.
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 | 1,125 | 1,924 | 9% |
| Lot Size | 3,485 | 7,510 | 7% |
| Price | $385.0K | $595.0K | 5% |
| Price per sq ft | $342 | $310 | 68% |
| Built year | 1980 | 2004 | 20% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 195 | 1% |
Apr 15, 2026
$385,000
Initial Listing
Jul 15, 2010
$75,000
Public Record
Sep 1, 2004
$212,000
Public Record