505 Pablo, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath
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Lake Elsinore, California 92530
This Modern Turnkey Condominium is listed at $499,900, positioned well below the $507,430 Fair Market Value by 1%. This pricing provides $7,530 in Instant Equity at closing. Maintaining an Excellent Condition Rating, this 2022-built home offers brand-new carpet, fresh paint, and scenic Mountain Views. Priced below its 2022 sale price, the home offers a low-maintenance lifestyle in a growing community with quick freeway access. This move-in-ready sanctuary is perfectly suited for first-time buyers or Owner-Occupants prioritizing modern aesthetics and convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 505 Pablo Subject | $499,900* List Price | 3 | 3 | 1,667 | $304 | - |
A 556 Enzo Street Active | $525,000 List Price | 3 | 3 | 1,667 | $315 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2022, placing it well within the 10-year threshold for an excellent rating. It features modern construction standards, brand-new carpet, and fresh paint throughout. The kitchen and bathrooms reflect contemporary styles with updated appliances and fixtures, showing no signs of deferred maintenance or physical depreciation.
Built in 2022 and featuring brand-new paint and carpet, this home offers the benefits of modern building standards and a completely move-in-ready experience for the next owner.
Ideally situated with quick access to the freeway in the growing Lake Elsinore community, this property is perfect for professionals seeking a streamlined daily commute.
Currently listed at $499,900, the property is priced significantly below its 2022 sale price of $530,000, representing a strong value proposition and potential for immediate equity.
As a condominium, the property involves shared walls and lacks a private yard, which may be a drawback for buyers seeking maximum privacy or outdoor autonomy.
The requirement of a monthly association fee and adherence to community rules adds a recurring cost and limits the owner's control over exterior modifications.
Welcome to this beautifully maintained newer construction condo in the growing community of Lake Elsinore. Ideally situated close to the freeway for easy commuting, this home offers both comfort and convenience. Step inside to discover fresh new paint and brand-new carpet, creating a clean, modern feel throughout. The thoughtfully designed floor plan provides comfortable living spaces perfect for relaxing or entertaining. Enjoy low-maintenance living in a well-kept community while being just minutes from shopping, dining, and everyday amenities. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this move-in-ready condo is a fantastic find.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,667 | 1,807 | 45% |
| Lot Size | - | 1,473 | 23% |
| Price | $499.9K | $500.0K | 45% |
| Price per sq ft | $300 | $276 | 73% |
| Built year | 2022 | 2025 | 45% |
| HOA | $154.0 | $229 | 9% |
| Days on market | 62 | 194 | 9% |
Feb 20, 2026
$499,900
Initial Listing
Sep 27, 2022
$530,000
Public Record