902 Porta Marina Lane, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
ACTIVE$620,990$2,218/sqft
Est. Value: $596,764
-3%
AboveEstimate
902 Porta Marina Lane, Lake Elsinore, California 92530
4Beds
3Baths
2,218Sqft
10,873Lot
Price Vs. Estimate
The estimated value ($596,764.28) is $24,225.72 (3%) lower than the list price ($620,990). This property may be overpriced.
Key pros and cons
Top Pros:
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 = 10873, living area = 2218.
Top Cons:
Monthly HOA Fees: The property is subject to a monthly association fee of $124.00, which adds to the recurring cost of homeownership.
Compared to the nearby listings
Price:$621.0K vs avg $587.6K (+$33,395.5)64%
Size:2,218 sqft vs avg 1,888.5 sqft65%
Price/sqft:$280 vs avg $32034%
More Insights
Built in 2025 (1 years old).
Condition: This property is explicitly described as 'BRAND NEW!' and built in 2025, making it a newly constructed home. The listing highlights 'Upgraded flooring, counter and more...' and an 'all-electric home' that is 'ENERGY STAR® rated,' indicating modern, high-quality components and energy efficiency. It also comes with a 'Ten-year limited warranty.' These factors confirm that all systems and finishes are new, meet current standards, and require no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2025
Close
-
List price
$621K
Original List price
$621K
Price/Sqft
$280
HOA
$124
Days on market
-
Sold On
-
MLS number
IV26002727
Home ConditionExcellent
Features
View-
About this home
Beautiful Villa Real community BRAND NEW! Two-story open concept home with 4 bedrooms (4th Bedroom and bath in lieu of den) & loft, 3 bathrooms in the beautifully planned community of Terracina. Upgraded flooring, counter and more...Good size yard. This all-electric home is ENERGY STAR® rated to save substantial money on utility bills. Within walking distance of community sports park. Ten-year limited warranty. Quick 15 freeway access just minutes away from Corona and Murrieta. Photo is a rendering of the model. Buyer can either lease or purchase the Solar.
P
PATRICIA MARTINEZ
Listing Agent
Condition Rating
Excellent
This property is explicitly described as 'BRAND NEW!' and built in 2025, making it a newly constructed home. The listing highlights 'Upgraded flooring, counter and more...' and an 'all-electric home' that is 'ENERGY STAR® rated,' indicating modern, high-quality components and energy efficiency. It also comes with a 'Ten-year limited warranty.' These factors confirm that all systems and finishes are new, meet current standards, and require no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons
Pros
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 = 10873, living area = 2218.
Brand New Construction & Warranty: Built in 2025 within a new community, this home offers modern features, up-to-date building codes, and peace of mind with a 10-year limited warranty.
Energy Efficiency: As an all-electric, ENERGY STAR® rated home, it is designed to significantly reduce utility bills, offering long-term cost savings for the homeowner.
Spacious & Modern Layout: The two-story, open-concept design features 4 bedrooms, 3 bathrooms, and a loft, providing ample and flexible living space for various family needs.
Community Amenities & Commuter Access: Located in the desirable Villa Real community, it's within walking distance of a community sports park and offers quick access to the I-15 freeway, ideal for commuters.
Upgraded Interiors & Generous Yard: The home includes upgraded flooring and counters, enhancing its aesthetic appeal, complemented by a good-sized yard (10,873 sqft lot) for outdoor activities.
Cons
Monthly HOA Fees: The property is subject to a monthly association fee of $124.00, which adds to the recurring cost of homeownership.
Solar System Not Owned: The solar system is not included outright; buyers must either lease or purchase it, representing an additional financial decision and potential cost.
No Specific Views & Rendered Images: The property explicitly states 'view: None,' which may be a drawback for some buyers, and the listing relies on model renderings rather than actual property photos.