42867 Montello Drive, Lake Elizabeth, California 93532, Lake Elizabeth, 93532 - 2 bed, 2 bath
ACTIVE$439,990
42867 Montello Drive, Lake Elizabeth, California 93532
2Beds
2Baths
1,305Sqft
7,499Lot
Year Built
1981
Close
-
List price
$440K
Original List price
$450K
Price/Sqft
$337
HOA
-
Days on market
-
Sold On
-
MLS number
225005397
Home ConditionExcellent
Features
Good View:
Patio
View-
About this home
Fairly Priced:The estimated price is in line with the list price. We found 3 Cons,6 Pros. Rank: price - $440.0K(50th), sqft - 1305(48th), beds - 2(50th), baths - 2(50th).
Welcome to this bright & charming home. This home is waiting for you to come in and put your touches on it, to make it your own. Everything has been completely updated and upgraded with no detail spared. From beautiful cabinetry, Quartz Countertops, ceiling fans, new vanities, showers & toilets, custom flooring, new appliances and so much more, there isn't anything that wasn't thought of. Another plus is the indoor laundry! There is also a brand new slider leading to the spacious back yard (big enough for an ADU!) Don't miss this one, you'll be glad you stopped in! Welcome home.
Price History
Date
Event
Price
12/06/25
Price Change
$439,990-2.2%
10/29/25
Listing
$449,990
Condition Rating
Excellent
The property, despite being built in 1981, has undergone a comprehensive and recent renovation, as explicitly stated in the description ('Everything has been completely updated and upgraded with no detail spared'). The images confirm this with a modern kitchen featuring Quartz countertops, subway tile backsplash, and a new sink/faucet. Bathrooms also show new vanities, modern faucets, and updated tiling. New LVP flooring is installed throughout, and the interior paint is fresh. While the original structure is older and some minor elements like the popcorn ceiling and exterior driveway show age, the critical areas (kitchen, bathrooms, flooring) are virtually new and meet current quality standards, aligning with the 'extensively renovated within 5 years' criterion for an 'Excellent' score.
Pros & Cons
Pros
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 = 7499, living area = 1305.
Comprehensive Updates: The property has undergone extensive, 'no detail spared' updates throughout, including cabinetry, Quartz Countertops, new vanities, custom flooring, and new appliances, ensuring a modern and move-in ready condition.
High-Quality Interior Finishes: Specific upgrades such as beautiful cabinetry, Quartz Countertops, new vanities, showers, toilets, and custom flooring provide a premium feel and modern functionality to the home.
ADU Development Potential: The spacious backyard is explicitly highlighted as being large enough for an Accessory Dwelling Unit (ADU), offering significant future value, potential rental income, or expanded living space.
Convenient Indoor Laundry: The inclusion of indoor laundry is a practical and desirable amenity that enhances daily living convenience for residents.
Enhanced Outdoor Access: A brand new slider provides improved access to the spacious backyard, promoting seamless indoor-outdoor living and entertaining opportunities.
Cons
Modest Living Space: With 1305 square feet, the property offers a relatively modest living area, which may not be ideal for larger families or those seeking more expansive interior spaces.
Aging Core Structure: Despite extensive cosmetic and interior updates, the home's 1981 construction means the underlying structure and potentially some major systems are over 40 years old, which could lead to future maintenance considerations.
Recent Price Reduction: The listing has recently undergone a price reduction from its original asking price, which may suggest the initial valuation was too high or that the property is struggling to attract sufficient buyer interest.