
Lake Elsinore, California 92532
This property presents a High-Potential Investment Opportunity with a List Price of $690,000—positioned well below the $663,650 Fair Market Value by -3%. Featuring a Fair Condition Rating, this home offers a 4-bedroom floor plan with panoramic lake and mountain views and a massive 15,246 sqft lot. While the interior features dated oak cabinetry, the resort-style community amenities and proximity to Tuscany Hills Elementary provide significant long-term value. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 43 Villa Valtelena Subject | $650,000* List Price | 4 | 3 | 2,589 | $251 | - |
A 13 Del Pizzoli Sold | $660,000 | 4 | 3 | 2,441 | $270 | 0.1 mi |
B 35 Villa Valtelena Sold | $665,000 | 3 | 3 | 2,425 | $274 | 0.0 mi |
C 5 Del Pizzoli Sold | $760,000 | 5 | 3 | 2,846 | $267 | 0.1 mi |
D 12 Plaza Avila Sold | $715,000 | 4 | 4 | 3,208 | $223 | 0.3 mi |
E 28 Villa Milano Pending | $629,900 List Price | 4 | 3 | 2,375 | $265 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is 26 years old, placing it in the 'Fair' category. While well-maintained with granite countertops, the kitchen features dated oak cabinetry and white tile flooring typical of its era. The home is functional but requires cosmetic updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 15246, living area = 2589.
The property boasts stunning, unobstructed views of Canyon Lake and the surrounding mountains, providing a high-value aesthetic that is a primary selling point for the Tuscany Hills area.
Residents enjoy access to premium Tuscany Hills amenities, including a clubhouse, pool, spa, fitness center, and tennis courts, offering a luxury lifestyle at a modest association fee.
With 84 days on market and a significant price reduction from $760,000 to $690,000, the property may carry a market stigma that requires aggressive positioning to overcome.
Built in 1998 and featuring oak cabinetry, the interior may require cosmetic updates and modernization to appeal to contemporary buyers looking for a turnkey aesthetic.
*** view *** View*** in the Tuscany Hills , stunning views of Canyon Lake and surrounding mountains. house features a desirable floor plan with one bedroom on the main level, three bedrooms upstairs. high ceiling formal entry. kitchen has oak cabinetry, granite countertops, a large center island, recessed lighting, crown molding, and a walk-in pantry. It also includes a casual dining area with a built-in desk and prep station. Upstairs bedrooms are generously sized with wood floor and abundant natural light. The secondary bathroom includes dual sinks, custom wall accents, ample cabinetry, and a shower/tub combination. three-car garage, and beautifully maintained landscaping. The backyard is designed for entertaining, offering an open patio, decorative fountain, garden areas, exterior lighting, and sweeping unobstructed views. Residents of the Tuscany Hills community enjoy access to resort-style amenities including a clubhouse, pool and spa, fitness center, tennis courts, playground, picnic areas, and more.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.9 mi
Grades K-5 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,589 | 1,997.676 |
| Lot Size | 15,246 | 7,302.624 |
| Price | $650.0K | $602.7K |
| Price per sq ft | $251 | $299 |
| Built year | 1998 | 2005 |
| HOA | $203.0 | $146 |
| Days on market | 130 | 65 |
Aug 29, 2026
$650,000
$690,000
-6% Price Drop
Initial Listing
Jul 1, 2026
$690,000
$738,000
-7% Price Drop
Initial Listing
May 23, 2026
$738,000
$760,000
-3% Price Drop
Initial Listing
May 2, 2026
$760,000
Initial Listing
Jun 3, 2022
$660,000
Public Record
Nov 26, 2008
$285,000
Public Record
Jan 31, 2007
$514,000
Public Record
Jun 11, 2003
$350,000
Public Record