4518 Avellino Place, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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4518 Avellino Place
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,139Sq Ft
9,693Lot Size
Property Price
LIST PRICE$599,990
EST. MARKET VALUE
$619,990
3% BelowMARKET VALUE
SUMMARY
This New Construction Single Family Residence is a High-Potential Investment Opportunity, listed at $619,990—positioned well below the $641,619 Fair Market Value by 3%. This valuation gap offers $21,629 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2026 build includes a Granite Kitchen, stainless appliances, and a Large Lot with Mountain Views. It is an ideal acquisition for Owner-Occupants or first-time buyers seeking a modern, turnkey lifestyle in the Lake Elsinore Unified district.
Estimated Market Value
$619,990+$20,000 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 |
|---|---|---|---|---|---|---|
★ 4518 Avellino Place Subject 4 bd · 3 ba · 2,139 sqft · $290 | $599,990* List Price | 4 | 3 | 2,139 | $290 | - |
A 4740 Sicily Drive Sold 4 bd · 3 ba · 2,139 sqft · $286 · 0.1 mi | $612,000 | 4 | 3 | 2,139 | $286 | 0.1 mi |
B 4524 Avellino Place Sold 3 bd · 2 ba · 1,840 sqft · $352 · 0.0 mi | $647,506 | 3 | 2 | 1,840 | $352 | 0.0 mi |
C 834 Sicily Drive Sold 3 bd · 3 ba · 2,218 sqft · $290 · 0.4 mi | $642,183 | 3 | 3 | 2,218 | $290 | 0.4 mi |
D 1115 Sardinia Drive Sold 3 bd · 3 ba · 1,976 sqft · $301 · 0.1 mi | $594,990 | 3 | 3 | 1,976 | $301 | 0.1 mi |
E 902 Porta Marina Lane Sold 4 bd · 3 ba · 2,218 sqft · $280 · 0.2 mi | $621,039 | 4 | 3 | 2,218 | $280 | 0.2 mi |
F 4269 Empressa Circle Sold 4 bd · 2 ba · 1,959 sqft · $350 · 0.6 mi | $685,000 | 4 | 2 | 1,959 | $350 | 0.6 mi |
G 4139 Pioneer Lane Sold 4 bd · 3 ba · 2,191 sqft · $282 · 0.6 mi | $617,000 | 4 | 3 | 2,191 | $282 | 0.6 mi |
H 4308 Ladrillo Street Sold 3 bd · 3 ba · 2,191 sqft · $304 · 0.5 mi | $666,990 | 3 | 3 | 2,191 | $304 | 0.5 mi |
I 884 Porta Marina Lane Active 3 bd · 3 ba · 2,218 sqft · $289 · 0.2 mi | $639,990 List Price | 3 | 3 | 2,218 | $289 | 0.2 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.
New construction (built 2026) in mint condition; features modern granite countertops, stainless steel appliances, and brand new systems including solar.
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 = 9693, living area = 2139.
- New Construction & Modern Finishes
Built in 2026, this move-in ready home features contemporary upgrades including granite countertops, stainless steel appliances, and recessed lighting, ensuring a turnkey experience.
- Expansive Lot Size
The property boasts a generous 9,693 sq. ft. lot, providing a rare amount of outdoor space for a new build, ideal for custom landscaping, a pool, or large-scale entertaining.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9693, other record lot size in square feet = 9583.
- Solar Financial Commitment
The requirement to either lease or purchase the solar system adds a mandatory financial consideration and potential monthly cost beyond the base mortgage.
- Recurring HOA Fees
The property is subject to a $124 monthly association fee, which increases the long-term cost of ownership and may be a deterrent for buyers seeking fee-free neighborhoods.
About 4518 Avellino Place
Beautiful Carrera two story 2139 sq. ft. two story has 4 beds 3 baths and loft upstairs, with a large lot that makes for a great entertaining space, this house is move in ready. It also comes with granite counters, stainless electric appliances, recess lighting, and much more. Solar is lease or purchase. Come and see this house and you can start asking yourself what you want to do with the yard. Easy access to the freeway and shops nearby like Costco, the Lake Elsinore outlets and more. Lake Elsinore is a beautiful area where you can take advantage of the outdoors like hiking, fishing and camping at Lake Elsinore and nearby trails as well as close access to the wineries and more. We look forward to making this home yours. Photo is a rendering of the model. Buyer can either lease or purchase the Solar.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- 9,693 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $124.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,139 | 2,014.188 |
| Lot Size | 9,693 | 7,537.856 |
| Price | $600.0K | $605.8K |
| Price per sq ft | $281 | $297 |
| Built year | 2026 | 2005 |
| HOA | $124.0 | $143 |
| Days on market | 43 | 70 |
Pricing History
Listed for Sale
Sep 24, 2026
$599,990
$619,990
-3% Price Drop
Initial Listing
Price Change
Sep 12, 2026
$619,990
Initial Listing