4096 Elderberry, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 2 bath
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4096 Elderberry
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,851Sq Ft
12,632Lot Size
Property Price
LIST PRICE$605,000
EST. MARKET VALUE
$624,693
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Story Home is a Strong Value Opportunity, listed at $605,000—positioned well below the $624,694 Fair Market Value by 3%. This valuation gap offers $19,694 in Instant Equity. Featuring a Mint Condition Rating, the home includes a modern quartz kitchen, solar panels, and an extra-large lot with mountain views. While local school ratings are modest, the property’s energy efficiency and move-in-ready status provide significant long-term stability. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking a modern, low-maintenance lifestyle.
Estimated Market Value
$624,693+$19,693 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4096 Elderberry Subject 4 bd · 2 ba · 1,851 sqft · $337 | $605,000* List Price | 4 | 2 | 1,851 | $337 | - |
A 4269 Empressa Circle Sold 4 bd · 2 ba · 1,959 sqft · $350 · 0.4 mi | $685,000 | 4 | 2 | 1,959 | $350 | 0.4 mi |
B 4109 Cottonwood Circle Sold 3 bd · 2 ba · 2,064 sqft · $300 · 0.2 mi | $620,000 | 3 | 2 | 2,064 | $300 | 0.2 mi |
C 4139 Pioneer Lane Sold 4 bd · 3 ba · 2,191 sqft · $282 · 0.4 mi | $617,000 | 4 | 3 | 2,191 | $282 | 0.4 mi |
D 4028 Hudson Lane Sold 3 bd · 2 ba · 2,304 sqft · $291 · 0.3 mi | $669,990 | 3 | 2 | 2,304 | $291 | 0.3 mi |
E 4141 Lovitt Cir Sold 3 bd · 2 ba · 2,064 sqft · $306 · 0.1 mi | $632,455 | 3 | 2 | 2,064 | $306 | 0.1 mi |
F 4118 Larkspur Sold 4 bd · 3 ba · 2,410 sqft · $263 · 0.3 mi | $635,000 | 4 | 3 | 2,410 | $263 | 0.3 mi |
G 5085 Siena Court Sold 3 bd · 2 ba · 1,539 sqft · $393 · 0.5 mi | $605,000 | 3 | 2 | 1,539 | $393 | 0.5 mi |
H 4708 Swan Avenue Sold 3 bd · 2 ba · 1,742 sqft · $347 · 0.8 mi | $605,000 | 3 | 2 | 1,742 | $347 | 0.8 mi |
I 5049 Siena Court Active 3 bd · 2 ba · 1,742 sqft · $362 · 0.6 mi | $630,017 List Price | 3 | 2 | 1,742 | $362 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2018, this property is less than 10 years old and remains in mint condition. The interior features a modern kitchen with quartz countertops and stainless steel appliances, along with high-efficiency systems such as a tankless water heater and solar panels, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
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.
- Modern Energy Efficiency
Built in 2018, the home is equipped with sustainable features including solar panels, a tankless water heater, and a water softener, offering significant utility savings and modern convenience.
- Expansive Lot Size
The property sits on a generous 12,632 sqft lot featuring an extra-large side yard and a covered patio, providing significantly more outdoor space than typical suburban listings in this price range.
CONSRISKS & DEFICIENCIES
- School District Ratings
The assigned elementary and middle schools have lower academic ratings (3 and 4 out of 10), which may impact the property's appeal to families prioritizing top-tier educational performance.
- Recent Market Value Volatility
Public records show a previous sale of $640,000 in early 2024, while the current list price is $605,000, suggesting a recent decline in localized market value or equity.
About 4096 Elderberry
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 12,632 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $160.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Rice Canyon Elementary School
Grades K-5 • 1.0 mi
6/10
Machado Elementary School
Grades K-5 • 1.5 mi
3/10
Terra Cotta Middle School
Grades 6-8 • 0.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,851 | 2,014.188 |
| Lot Size | 12,632 | 7,537.856 |
| Price | $605.0K | $605.8K |
| Price per sq ft | $327 | $297 |
| Built year | 2018 | 2005 |
| HOA | $160.0 | $143 |
| Days on market | 22 | 70 |
Pricing History
Listed for Sale
Oct 3, 2026
$605,000
Initial Listing
Sold
May 2, 2024
$640,000
Public Record
Sold
Jul 20, 2018
$398,500
Public Record