4165 Alderwood, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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4165 Alderwood
Lake Elsinore, California 92530
ACTIVE
CONDITION: GOOD
3Beds
2Baths
2,064Sq Ft
9,583Lot Size
Property Price
LIST PRICE$599,000
EST. MARKET VALUE
$608,567
SUMMARY
This Spacious Single-Story Home is a Strong Value Opportunity, listed at $614,900—positioned slightly above the $607,828 Fair Market Value. While priced at market stability, the property features an Excellent Condition Rating with modern updates, including an EV charger and updated flooring. The expansive 9,583 sqft corner lot offers significant potential for a custom backyard oasis. Located in the Alberhill community with proximity to local schools and the 15 freeway, this home is an ideal fit for first-time buyers or growing families seeking a turnkey, lifestyle-focused residence.
Estimated Market Value
$608,567
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 |
|---|---|---|---|---|---|---|
★ 4165 Alderwood Subject 3 bd · 2 ba · 2,064 sqft · $295 | $599,000* List Price | 3 | 2 | 2,064 | $295 | - |
A 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 |
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 4118 Larkspur Sold 4 bd · 3 ba · 2,410 sqft · $263 · 0.3 mi | $635,000 | 4 | 3 | 2,410 | $263 | 0.3 mi |
D 4269 Empressa Circle Sold 4 bd · 2 ba · 1,959 sqft · $350 · 0.2 mi | $685,000 | 4 | 2 | 1,959 | $350 | 0.2 mi |
E 4139 Pioneer Lane Sold 4 bd · 3 ba · 2,191 sqft · $282 · 0.1 mi | $617,000 | 4 | 3 | 2,191 | $282 | 0.1 mi |
F 834 Sicily Drive Sold 3 bd · 3 ba · 2,218 sqft · $290 · 0.6 mi | $642,183 | 3 | 3 | 2,218 | $290 | 0.6 mi |
G 4524 Avellino Place Sold 3 bd · 2 ba · 1,840 sqft · $352 · 0.7 mi | $647,506 | 3 | 2 | 1,840 | $352 | 0.7 mi |
H 4101 Larkspur Active 4 bd · 3 ba · 2,147 sqft · $301 · 0.2 mi | $645,900 List Price | 4 | 3 | 2,147 | $301 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2012, this 14-year-old property is well-maintained and move-in ready. It features updated flooring throughout, a modern kitchen with stainless steel appliances and a contemporary backsplash, and updated systems including an EV charger, fitting the 10-20 year age bracket for functional, high-quality condition.
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 = 9583, living area = 2064.
- Modern Single-Story Layout
The 2,064 sqft open-concept floor plan features a desirable split-bedroom design, updated flooring, and a versatile bonus room, offering both privacy and functional living space.
- Premium Lot and Parking
Situated on a spacious corner lot, this property includes a rare 3-car tandem garage equipped with an EV charger, providing ample storage and modern utility.
CONSRISKS & DEFICIENCIES
- Unfinished Backyard
The backyard is currently a 'blank canvas,' which will require additional capital investment and effort from the buyer to landscape and create a functional outdoor living area.
- Average School Ratings
The assigned local schools have modest ratings, ranging from 3 to 5, which may be a drawback for families prioritizing high-performing educational districts.
About 4165 Alderwood
CORNER LOT! SINGLE STORY! 3 CAR GARAGE! SPACIOUS LAYOUT! MOVE-IN READY! Welcome home to 4165 Alderwood - in the desirable Alberhill community of Lake Elsinore! Offering 2,064 square feet of open concept living, and the most thoughtful layout - guest bedrooms on one side of the home, while primary is on the other! The spacious living areas include a cozy fireplace, while the kitchen and adjoining great room create a welcoming central gathering space. You’ll also enjoy a private bonus room for formal dining, or large playroom/ office space! The private backyard is a blank canvas waiting to be transformed into your own oasis, with endless possibilities for outdoor entertaining, relaxing, and creating the backyard of your dreams. Additional highlights include an attached 3-car (tandem) garage, EV Car Charger, and updated flooring throughout. Location convenience at its finest with easy access to the 15fwy, walking distance to local elementary school, community sports park, and community amenities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2012
- Lot Size
- 9,583 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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 • 1.2 mi
6/10
Machado Elementary School
Grades K-5 • 1.5 mi
3/10
Terra Cotta Middle School
Grades 6-8 • 0.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 2,064 | 2,014.188 |
| Lot Size | 9,583 | 7,537.856 |
| Price | $599.0K | $605.8K |
| Price per sq ft | $290 | $297 |
| Built year | 2012 | 2005 |
| HOA | $160.0 | $143 |
| Days on market | 13 | 70 |
Pricing History
Listed for Sale
Oct 22, 2026
$599,000
$614,900
-3% Price Drop
Initial Listing
Price Change
Oct 12, 2026
$614,900
Initial Listing
Sold
Jan 10, 2023
$592,000
Public Record
Sold
Dec 14, 2012
$250,000
Public Record