
Lake Elsinore, California 92532
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $649,000—positioned well below the $667,283 Fair Market Value by 2%. This valuation gap offers $18,283 in Instant Equity. Featuring a Condition Rating of 3, the home offers a turnkey layout with fully owned solar, a modern quartz kitchen, and mountain views. Its flexible floor plan, including a downstairs bedroom and loft, provides significant utility. This is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 53203 Iceberg Street Subject 5 bd · 3 ba · 3,081 sqft · $217 | $649,000* List Price | 5 | 3 | 3,081 | $217 | - |
A 53235 Brabant Sold 4 bd · 3 ba · 2,998 sqft · $215 · 0.2 mi | $645,000 | 4 | 3 | 2,998 | $215 | 0.2 mi |
B 52979 Astrid Way Sold 4 bd · 3 ba · 2,710 sqft · $234 · 0.6 mi | $635,000 | 4 | 3 | 2,710 | $234 | 0.6 mi |
C 52995 Carrousel Court Sold 4 bd · 3 ba · 2,710 sqft · $242 · 0.5 mi | $655,000 | 4 | 3 | 2,710 | $242 | 0.5 mi |
D 53023 Cressida Sold 5 bd · 3 ba · 3,490 sqft · $196 · 0.6 mi | $685,000 | 5 | 3 | 3,490 | $196 | 0.6 mi |
E 52978 Astrid Way Sold 3 bd · 2 ba · 2,270 sqft · $240 · 0.6 mi | $545,000 | 3 | 2 | 2,270 | $240 | 0.6 mi |
F 52988 Astrid Active 4 bd · 3 ba · 2,710 sqft · $225 · 0.5 mi | $609,900 List Price | 4 | 3 | 2,710 | $225 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006 (20 years old), the property is in well-maintained, move-in-ready condition. It features recent updates including fresh interior and exterior paint, modern wide-plank flooring, and an upgraded kitchen with quartz countertops and stainless steel appliances. The inclusion of fully owned solar and a whole-house fan indicates updated systems, though some bathroom cabinetry and fixtures appear original to the 20-year-old construction.
The inclusion of fully owned solar panels and a whole-house fan provides a significant financial advantage by reducing monthly utility costs and enhancing sustainable cooling.
Spanning over 3,000 square feet, the layout features a valuable downstairs bedroom and full bath, plus a large upstairs loft, offering excellent flexibility for multi-generational living or remote work.
Positioned on a 7,405-square-foot corner lot, the home’s elevated site ensures superior privacy from rear neighbors and captures impressive mountain views.
The assigned middle school has a lower rating of 3/10, which may be a deterrent for families specifically seeking high-performing educational boundaries.
For a large five-bedroom residence, the two-car garage capacity may be insufficient for households with multiple vehicles or those requiring significant hobby storage.
Elevated above neighboring homes on a 7,405-square-foot corner lot, this thoughtfully updated five-bedroom, three-bath residence offers 3,081 square feet of flexible living, mountain views from multiple rooms, enhanced privacy, and fully owned solar. Fresh interior and exterior paint create a clean, move-in-ready presentation from the moment you arrive. Inside, separate living and dining spaces provide room to gather, entertain, and spread out. The upgraded kitchen features quartz countertops, a tile backsplash, abundant cabinetry, stainless steel appliances, a farmhouse-style sink, and a spacious island and bar that connect naturally with the adjoining family room. A full-size downstairs bedroom and adjacent full bathroom provide valuable flexibility for guests, extended stays, a private office, or everyday living. The downstairs laundry room adds convenience and keeps daily routines organized. Upstairs, an expansive loft/bonus room offers even more adaptable space for work, media, recreation, or relaxation. The oversized primary suite is a true retreat, with abundant natural light, mountain views, and an exceptionally large walk-in closet. Generously sized secondary bedrooms complete a floor plan designed to accommodate changing needs. The elevated setting creates additional separation from the lower, offset rear neighbors, while fenced yards enhance privacy. Outdoor features include a covered patio, generous concrete entertaining areas, low-maintenance landscaping, front-yard turf, and custom concrete steps and walkway. An oversized 557-square-foot two-car garage provides additional room for storage, equipment, or projects. Fully owned solar and a whole-house fan further support comfortable, efficient living. Located near the expansive Rosetta Canyon Sports Park, with convenient access to SR-74, I-15, shopping, dining, and Lake Elsinore recreation, this home offers an uncommon combination of space, flexibility, views, privacy, and everyday convenience.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades 6-8 • 3.5 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,081 | 2,014.188 |
| Lot Size | 7,405 | 7,537.856 |
| Price | $649.0K | $605.8K |
| Price per sq ft | $211 | $297 |
| Built year | 2006 | 2005 |
| HOA | $78.0 | $143 |
| Days on market | 11 | 70 |
Oct 13, 2026
$649,000
Initial Listing
Sep 24, 2009
$221,000
Public Record