53201 Monaco, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 4 bed, 3 bath
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53201 Monaco
Lake Elsinore, California 92532
ACTIVE
CONDITION: GOOD
4Beds
3Baths
2,592Sq Ft
5,227Lot Size
Property Price
LIST PRICE$450,000
SUMMARY
Analysis of 53201 Monaco, Lake Elsinore, California 92532 is currently available with a list price of $450,000. 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2010, the property is 16 years old, placing it squarely in the 'Good' category. The exterior shows well-maintained landscaping and structure, suggesting the home is functional and move-in ready with systems that are likely original but within their expected operational lifespan.
PROSSTRENGTHS & OPPORTUNITIES
- Aggressive Market Pricing
Listed at $450,000, the property is priced significantly below its 2023 sale price of $585,000, offering exceptional value and immediate equity potential for buyers.
- Modern Spacious Layout
Built in 2010, this 2,592 sqft home features a contemporary open floor plan with 4 bedrooms and 3 bathrooms, providing ample space for modern family living.
- Low Association Fees
The monthly association fee is remarkably low at $78, keeping total monthly carrying costs affordable compared to similar residential communities in the region.
CONSRISKS & DEFICIENCIES
- Middle School Rating
The assigned Elsinore Middle School has a low rating of 3/10, which may be a concern for families prioritizing high-performing educational districts.
- Lack of Scenic Views
The property listing indicates no views, which may limit its appeal to buyers seeking the mountain or lake vistas common to the Lake Elsinore area.
About 53201 Monaco
Great family home featuring 4 bedrooms and 3 bathrooms spread over 2 floors of an open floor plan.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2010
- Lot Size
- 5,227 Sq. Ft.
Interior
- Total Bedrooms
- 4
- 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 • 1.3 mi
6/10
Elsinore Middle School
Grades 6-8 • 3.4 mi
3/10
Temescal Canyon High School
Grades 9-12 • 2.6 mi
6/10
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 | 2,592 | 1,997.676 |
| Lot Size | 5,227 | 7,302.624 |
| Price | $450.0K | $602.7K |
| Price per sq ft | $174 | $299 |
| Built year | 2010 | 2005 |
| HOA | $78.0 | $146 |
| Days on market | 8 | 65 |
Pricing History
Listed for Sale
Sep 1, 2026
$450,000
Initial Listing
Sold
Apr 13, 2023
$585,000
Public Record
Sold
Aug 6, 2020
$410,500
Public Record
Sold
Aug 3, 2011
$273,000
Public Record