186 S Massachusetts Street, Lake Elsinore, California 92530, Lake Elsinore, - bed, bath

home-pic
ACTIVE$673,000
186 S Massachusetts Street, Lake Elsinore, California 92530
4Beds
3Baths
1,928Sqft
6,970Lot
Year Built
1989
Close
-
List price
$673K
Original List price
$689K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
RS25133010
Home ConditionGood
Features
Good View: Hills, Mountain(s), Neighborhood, Pool
Pool
Spa
Patio
ViewHills, Mountain(s), Neighborhood, Pool

About this home

Update on Oct, 2025 - Brand New Water Heater & AC System Installed! Welcome to this charming spacious 4-bedroom, 3 full bath Olympic Size POOL & SOLAR (PAID OFF) Home nestled in the highly sought-after city of Lake Elsinore, known for its top-rated schools and safe, family-friendly neighborhoods, making it perfect for families of all sizes. Strategically designed 1 bedroom, 1 full bathroom with double doors on the first floor, perfect for guests or a home office. The ample sized primary suite provides views of the lush backyard, Mountain surrounded by the Lake. The open floor plan boasts vaulted ceilings throughout the living and dining area. The spacious family room, complete with fireplace, flows seamlessly into a generously sized area, ideal for family gatherings. When you walk through the sliding glass door from the family room, you are greeted by a covered patio structure with ceiling fan, a sparkling pool, BBQ area with sink to entertain large crowd on the weekends and to enjoy pool party on summer days with outdoor misting system to cool the entire patio area. Enjoy breathtaking view of the Mountain from the Front and Back of the home. Some Fruit Trees in the backyard and front yard of the Home. New Homeowner can color match the existing paint or be creative to their preferred color and update some areas of the flooring to their preferred style. Low Property Tax, NO MELLO ROOS & NO HOA! 28 Panels SOLAR that is PAID OFF! Excellent choice for Electric Vehicle Owners. New Energy saver variable speed Pool Pump, New Gas Furnace Heating system. A whole house fan to cool the entire home and ceiling fans throughout the home. Attached double car garage has 240v Fast Charging option, EV Plug-in-Ready Outlet to charge all current Electric Cars on the market. A wonderful opportunity for first-time buyers. Don’t miss the opportunity to make this charming residence your forever home!

Price History

Date
Event
Price
10/22/25
Price Change
$673,000+0.7%
09/12/25
Price Change
$668,000-1.4%
08/13/25
Price Change
$677,777
06/25/25
Listing
$689,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (308 Listings)
Beds43
56%
Baths32
54%
Square foot1,9281,834
54%
Lot Size6,9707,405
41%
Price$673K$584K
85%
Price per square foot$349$327
61%
Built year19892005
31%
HOA
Days on market133191
24%
Condition Rating
Good

Built in 1989, this property has seen significant recent updates to its major systems, including a brand new AC system, water heater, gas furnace, and pool pump, along with paid-off solar panels. These crucial updates ensure the home is highly functional and move-in ready, aligning with the 'Good' criteria for well-maintained systems within their expected lifespan. However, the kitchen features dated oak cabinets, dark granite-style countertops, and fluorescent box lighting, despite having updated stainless steel appliances. The bathrooms also retain their original 1980s/90s aesthetic with similar oak vanities and white tile. While these cosmetic elements are dated and the listing description itself suggests updating flooring and paint, the property's core functionality and efficiency are excellent due to the new major components, preventing it from falling into the 'Fair' category which implies major components showing signs of being outdated.
Pros & Cons

Pros

Exceptional Energy Efficiency & Cost Savings: The property boasts significant financial benefits with 28 paid-off solar panels, a new AC system (installed Oct 2025), a new water heater (installed Oct 2025), a new energy-saver variable speed pool pump, a new gas furnace, a whole house fan, and an EV plug-in-ready outlet in the garage, leading to substantial utility savings.
Outstanding Outdoor Entertainment Space: Features an Olympic-size pool, a covered patio with a ceiling fan and misting system, and a BBQ area with a sink, creating an ideal environment for large gatherings and summer enjoyment.
Favorable Financial Structure: The absence of Mello Roos and HOA fees, combined with low property taxes, significantly reduces the overall cost of homeownership, making it a financially attractive option.
Flexible & Functional Layout: Offers a spacious 4-bedroom, 3-bathroom layout with a strategically designed downstairs bedroom and full bath, perfect for guests or a home office, complemented by an open floor plan and vaulted ceilings.
Desirable Location with Views: Situated in a highly sought-after, family-friendly Lake Elsinore neighborhood known for its top-rated schools, and provides pleasant mountain views from both the front and back of the home.

Cons

Cosmetic Updates Recommended: The description suggests the new homeowner may wish to update paint and flooring to their preferred style, indicating these areas might be dated or not universally appealing to modern tastes.
Listed Above Estimated Value: The current list price of $673,000 is 5% higher than the property's estimated market value of approximately $633,440, which could impact buyer interest and negotiation leverage.
Age of Property: Built in 1989, while major systems have been updated or are new, other original components of the home may eventually require maintenance or modernization to meet contemporary standards.

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