
Lake Elsinore, California 92530
This Turnkey Single-Story Home in Alberhill Ranch is a High-Potential Investment Opportunity, listed at $649,000—positioned above the $586,348 Fair Market Value. While priced at a premium, the property features an Excellent Condition Rating (2018 build) with Solar Panels, a Tankless Water Heater, and a Large 12,632 sqft Lot. The modern open floor plan and quartz kitchen offer immediate lifestyle value. Despite modest school ratings, the home’s energy efficiency and expansive outdoor space provide long-term stability. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4096 Elderberry Subject | $649,000* List Price | 4 | 2 | 1,851 | $317 | - |
A 16550 Arnold Avenue Sold | $548,500 | 4 | 2 | 1,700 | $323 | 1.0 mi |
B 902 Porta Marina Lane Sold | $621,039 | 4 | 3 | 2,218 | $280 | 0.9 mi |
C 4085 Hudson Lane Sold | $675,990 | 3 | 2 | 2,070 | $327 | 0.1 mi |
D 1056 Sardinia Drive Sold | $601,049 | 4 | 3 | 1,840 | $327 | 1.0 mi |
E 4033 Hudson Lane Sold | $664,665 | 3 | 2 | 2,304 | $288 | 0.3 mi |
F 16496 Nectarine Way Sold | $625,000 | 4 | 2 | 1,606 | $389 | 0.6 mi |
G 1115 Sardinia Drive Sold | $594,990 | 3 | 3 | 1,976 | $301 | 1.0 mi |
H 4678 Swan Avenue Sold | $561,429 | 3 | 2 | 1,742 | $322 | 0.8 mi |
I 4269 Empressa Circle Active | $665,000 List Price | 4 | 2 | 1,959 | $339 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is under 10 years old and in mint condition. The kitchen and bathrooms feature modern finishes like quartz countertops and stainless steel appliances. Key systems are updated and highly efficient, including a tankless water heater and solar panels, requiring no immediate maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12632, living area = 1851.
Built in 2018, this home is equipped with solar panels, a tankless water heater, and a water softener, providing significant long-term utility savings and modern convenience.
The property sits on an oversized 12,632 sqft lot featuring a large covered patio and an extra-large side yard, offering rare outdoor space and privacy for a newer development.
The local schools assigned to this property have average to below-average ratings (ranging from 3 to 6), which may impact appeal for families prioritizing top-tier education districts.
The $150 monthly association fee adds a fixed carrying cost to the property, which may be a deterrent for buyers seeking to minimize monthly overhead in the Lake Elsinore market.
Beautiful single-story home in the desirable Alberhill Ranch community, offering 4 bedrooms and 2 full bathrooms, with one bedroom currently used as a den. The home features a convenient separate laundry room and an inviting open floor plan designed for modern living. The spacious kitchen is a standout, complete with a large center island, quartz countertops, and stainless steel appliances. Wood shutter blinds throughout, laminate flooring, and mirrored closet doors add a clean, cohesive finish to the interior. Additional highlights include a tankless water heater, water softener, solar panels for energy efficiency, and an automatic sprinkler system. Outside, enjoy a generously sized covered patio and an extra-large side yard—ideal for outdoor living and entertaining. The tile roof, mountain views, and well-maintained surroundings enhance the home’s appeal. Conveniently located with easy freeway access, and close to schools and shopping.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,851 | 1,973 |
| Lot Size | 12,632 | 6,970 |
| Price | $649.0K | $601.5K |
| Price per sq ft | $351 | $293 |
| Built year | 2018 | 2004 |
| HOA | $150.0 | $146 |
| Days on market | 29 | 64 |
Jun 23, 2026
$649,000
Initial Listing
May 2, 2024
$640,000
Public Record
Jul 20, 2018
$398,500
Public Record