52997 Carrousel Court, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 5 bed, 3 bath
52997 Carrousel Court
Lake Elsinore, California 92532
Property Price
SUMMARY
Analysis of 52997 Carrousel Court, Lake Elsinore, California 92532 reveals a property with a current list price of $678,000, which is 3% above the estimated $655,734 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 52997 Carrousel Court Subject | $678,000* List Price | 5 | 3 | 3,206 | $205 | - |
A 53085 Memorial Street Sold | $617,000 | 5 | 3 | 3,242 | $190 | 0.4 mi |
B 41013 Sunsprite St Sold | $670,000 | 5 | 4 | 3,613 | $185 | 0.8 mi |
C 52982 Sweet Juliet Lane Sold | $635,000 | 4 | 3 | 2,643 | $240 | 0.2 mi |
D 53003 Alba Street Sold | $588,000 | 4 | 3 | 2,710 | $217 | 0.1 mi |
E 53019 Gallica Street Sold | $680,000 | 5 | 3 | 3,242 | $210 | 0.2 mi |
F 41100 41100 Hatton Garden Sold | $644,888 | 4 | 3 | 3,049 | $212 | 1.0 mi |
G 53051 Imperial Active | $725,000 List Price | 4 | 3 | 3,242 | $224 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2006, this property is 19 years old and fits the 'good' criteria perfectly. It is move-in ready with recent cosmetic refreshments including fresh interior paint and new kitchen flooring. While the kitchen and bathrooms maintain their original 2006 cabinetry and layout, they are well-maintained and functional. The exterior and backyard show pride of ownership with high-quality additions like stamped concrete and a putting green, indicating minimal deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile and Spacious Layout
With 3,206 square feet, five bedrooms, and a large loft, this home offers exceptional flexibility, including a highly desirable downstairs bedroom and full bathroom perfect for guests or multi-generational living.
- Turnkey Interior Updates
The property features fresh interior paint and new kitchen flooring, providing a clean and updated aesthetic that allows buyers to move in immediately without the need for initial cosmetic renovations.
- Enhanced Outdoor Living
The backyard is fully optimized for entertainment, featuring a covered patio, stamped concrete, a gazebo, and a private putting green, offering significant value and lifestyle appeal compared to standard lots.
CONSRISKS & DEFICIENCIES
- Underperforming School Ratings
The assigned middle school carries a low rating of 3/10, which may be a significant drawback for families prioritizing high-performance educational environments for their children.
- Aging Major Systems
Built in 2006, the home is approaching the 20-year mark where major components such as the HVAC system and roof may soon require costly maintenance or replacement.
About 52997 Carrousel Court
Featuring 3,206 square feet of living space, this 5 bedroom, 3 bathroom home is tucked within a cul-de-sac and includes a 3-car garage. Built in 2006 with a low HOA of $78 per month, the home features fresh interior paint and new flooring in the kitchen, giving it a clean, updated feel. The kitchen is open to the family room, creating a comfortable space for everyday living and gatherings. A downstairs bedroom, ideal for guests, extended family, or a private office, sits just across from a full bathroom with a walk-in shower. Upstairs, you’ll find generously sized secondary bedrooms, a spacious loft ideal for a game room, media space, or additional entertaining area, and a convenient upstairs laundry room. The primary suite is extra large and features an oversized walk-in closet with plenty of room for storage and organization. The 7,841 square foot lot offers a backyard designed for entertaining, complete with a covered patio, stamped concrete, gazebo, and a small putting green. Centrally located near the 15 freeway, shopping, and schools, this home offers space and flexibility in a cul-de-sac setting.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 7,841 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $78.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Earl Warren Elementary School
Grades K-5 • 0.8 mi
Elsinore Middle School
Grades 6-8 • 3.0 mi
Temescal Canyon High School
Grades 9-12 • 2.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,206 | 2,541 | 84% |
| Lot Size | 7,841 | 7,405 | 55% |
| Price | $678.0K | $630.0K | 75% |
| Price per sq ft | $211 | $258 | 12% |
| Built year | 2006 | 2007 | 48% |
| HOA | $78.0 | $134 | 20% |
| Days on market | 8 | 183 | 1% |
Pricing History
Listed for Sale
Feb 27, 2026
$678,000
Initial Listing
Sold
Jun 22, 2011
$198,000
Public Record
Sold
Mar 7, 2007
$389,500
Public Record