15660 Lake Ridge Road, Lake Elsinore, California 92530, Lake Elsinore, - bed, bath

home-pic
ACTIVE$590,000
15660 Lake Ridge Road, Lake Elsinore, California 92530
4Beds
3Baths
1,782Sqft
4,792Lot
Year Built
1987
Close
-
List price
$590K
Original List price
$590K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SW24251373
Home ConditionFair
Features
Good View: Lake, Mountain(s)
ViewLake, Mountain(s)

About this home

This four-bedroom, three-bathroom home offers approximately 1,782 square feet of living space. The property features a well-designed floor plan with ample room for comfortable living. The primary bedroom is a spacious retreat, providing a peaceful and private sanctuary. The additional three bedrooms offer versatile spaces that can accommodate a variety of needs, such as a home office or guest room. The three bathrooms are tastefully appointed and provide convenient access. The home's square footage allows for flexible and efficient use of the available space. The property presents an opportunity for a motivated buyer seeking a comfortable and functional living environment. Super low taxes paid off Solar and no HOA. Newly painted inside and outside. New Landscaping!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (306 Listings)
Beds43
56%
Baths32
54%
Square foot1,7821,820
49%
Lot Size4,7927,405
13%
Price$590K$582K
54%
Price per square foot$331$328
52%
Built year19872005
28%
HOA$122
Days on market321191
92%
Condition Rating
Fair

The property was built in 1987. While the listing mentions new paint and landscaping, the kitchen appliances and bathroom fixtures appear dated. The kitchen has older appliances and the bathrooms have basic fixtures. The flooring appears to be in decent shape. Overall, the property seems maintained but requires updates to bring it to modern standards.
Pros & Cons

Pros

Paid Off Solar Panels: The property benefits from paid-off solar panels, significantly reducing or eliminating electricity costs for the homeowner.
No HOA Fees: The absence of Homeowners Association (HOA) fees translates to monthly savings and fewer restrictions for the property owner.
Freshly Painted: The recent interior and exterior paint job enhances the property's appeal and presents a move-in-ready aesthetic.
New Landscaping: The new landscaping improves the curb appeal and creates an inviting outdoor space.
Lake and Mountain Views: The property offers desirable lake and mountain views, adding to its overall attractiveness and potential resale value.

Cons

Pre-Foreclosure Sale: The property may be in pre-foreclosure process.
Older Construction: Built in 1987, the property may require updates to meet modern standards and preferences.
Small Lot Size: The lot size of 4,792 sqft is relatively small, potentially limiting outdoor space and expansion possibilities.
Dated Interior: The interior, including kitchen appliances and bathroom fixtures, appears dated and may require renovation to appeal to contemporary buyers.

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