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4063 Madonna, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath

4063 Madonna, Lake Elsinore, California 92530 home-pic-0
ACTIVE$758,800$2,792/sqft
Est. Value: $710,862
-6%
AboveEstimate
4063 Madonna, Lake Elsinore, California 92530
4Beds
3Baths
2,792Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($710,862.35) is $47,937.65 (6%) lower than the list price ($758,800). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction: Built in 2024, this home offers modern design, systems, and finishes, minimizing immediate maintenance concerns for the new owner.
Top Cons:
Unfinished Backyard: While plans are designed, the backyard requires significant investment from the buyer to complete landscaping and bring their vision to life.

Compared to the nearby listings

Price:$758.8K vs avg $587.6K (+$171,205.5)94%
Size:2,792 sqft vs avg 1,888.5 sqft89%
Price/sqft:$272 vs avg $32027%

More Insights

Built in 2024 (2 years old).
Condition: This property was built in 2024, making it a brand new construction. All components, including the kitchen with its modern dark wood cabinetry, granite countertops, and stainless steel appliances (double oven, gas cooktop, range hood, dishwasher), and the bathrooms with contemporary vanities, white subway tile, and glass shower enclosures, are new and meet current quality standards. The home features new carpet and tile flooring, recessed lighting, and is equipped with fully paid-off solar panels, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2024
Close
-
List price
$759K
Original List price
$759K
Price/Sqft
$272
HOA
$184
Days on market
-
Sold On
-
MLS number
OC26010003
Home ConditionExcellent
Features
View-

About this home

Fully paid-off solar panels enhance this beautiful and spacious 5- bedroom home with an additional den, ideally located within the highly desirable, master-planned Alberhill Ranch community. Step into a large, inviting living room that flows seamlessly into an oversized kitchen—perfect for entertaining and everyday living. The main floor offers a convenient bedroom and full bath, ideal for guests or multigenerational living. Upstairs, you’ll find four generously sized bedrooms, each with walk-in closets, along with an open den that makes an excellent home office, media room, or TV lounge. A spacious laundry room adds to the home’s functionality. The backyard plans have already been thoughtfully designed and are ready to bring your vision to life. Enjoy walking distance to Alberhill Elementary School and access to outstanding community amenities, including miles of scenic trails, a sprawling 22-acre park, and close proximity to the I-15 for an easy commute.

P
Preeti Bhathal
Listing Agent

Price History

Date
Event
Price
12/24/24
Sold
$729,500
Condition Rating
Excellent
This property was built in 2024, making it a brand new construction. All components, including the kitchen with its modern dark wood cabinetry, granite countertops, and stainless steel appliances (double oven, gas cooktop, range hood, dishwasher), and the bathrooms with contemporary vanities, white subway tile, and glass shower enclosures, are new and meet current quality standards. The home features new carpet and tile flooring, recessed lighting, and is equipped with fully paid-off solar panels, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Brand New Construction: Built in 2024, this home offers modern design, systems, and finishes, minimizing immediate maintenance concerns for the new owner.
Significant Energy Savings: Features fully paid-off solar panels, providing substantial utility cost reductions and environmental benefits.
Expansive & Functional Floor Plan: Boasts 5 bedrooms plus an additional den (2792 sqft), including a convenient main-floor bedroom and bath, and generous upstairs bedrooms with walk-in closets, catering to diverse living needs.
Master-Planned Community Benefits: Situated in the highly desirable Alberhill Ranch, offering access to extensive amenities like scenic trails, a 22-acre park, and walking distance to Alberhill Elementary School.
Excellent Commuter Access: Strategically located with close proximity to the I-15 freeway, ensuring an easy commute for residents.

Cons

Unfinished Backyard: While plans are designed, the backyard requires significant investment from the buyer to complete landscaping and bring their vision to life.
Monthly HOA Dues: The property is subject to a monthly association fee of $184, which adds to the overall cost of homeownership.
Absence of Scenic Views: The property does not offer any notable scenic views, which might be a consideration for buyers prioritizing vistas.
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