19018 Tule Way, Lake Elsinore, California 92530, Lake Elsinore, - bed, bath
ACTIVE$545,000
19018 Tule Way, Lake Elsinore, California 92530
3Beds
2Baths
1,416Sqft
7,405Lot
Year Built
1989
Close
-
List price
$545K
Original List price
$599K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
HD25110777
Home ConditionExcellent
Features
Good View: Mountain(s)
ViewMountain(s)
About this home
Welcome Home! Excellent opportunity to own this 3 bedroom 2 bathroom single story property. Open kitchen with island. Gorgeous counter tops and plenty of cupboard space. Recently updated with beautiful laminate flooring and bathroom fixtures. Water softener. New AC ducting. Paid off leased solar panels to save on the electric bills. Close to shopping, schools, and the picturesque Lake Elsinore. A must see!
Price History
Date
Event
Price
10/28/25
Price Change
$545,000-2.5%
09/16/25
Price Change
$559,000-0.9%
08/29/25
Price Change
$564,000-0.9%
08/15/25
Price Change
$569,000
05/18/25
Listing
$599,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (310 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,416 | 1,820 | 23% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $545K | $580K | 32% |
| Price per square foot | $385 | $327 | 79% |
| Built year | 1989 | 2005 | 32% |
| HOA | |||
| Days on market | 171 | 191 | 42% |
Condition Rating
Excellent
Despite being built in 1989, this property has undergone a very recent and extensive renovation, aligning with the 'extensively renovated within 5 years' criteria for an 'Excellent' score. The kitchen features modern gray shaker cabinets, new granite/quartz countertops, stainless steel appliances, a stylish subway tile backsplash, and contemporary pendant lighting over the island. Both bathrooms have been fully updated with matching modern vanities, new fixtures, and subway tile surrounds. New laminate flooring extends throughout the main living areas and bedrooms, and the interior has fresh paint. Significant system updates include new AC ducting and paid-off leased solar panels, indicating a high level of investment in the property's current condition and efficiency. All visible components appear new or virtually new, with no signs of deferred maintenance.
Pros & Cons
Pros
Recent Updates & Modern Finishes: The property has been recently updated with beautiful laminate flooring, modern bathroom fixtures, and features an open kitchen with gorgeous countertops.
Energy Efficiency & Cost Savings: Equipped with paid-off leased solar panels, significantly reducing electric bills, and new AC ducting for improved climate control efficiency.
Desirable Single-Story Layout: Offers a convenient and accessible single-story floor plan, appealing to a wide range of buyers seeking ease of living.
Enhanced Kitchen Functionality: The open kitchen design includes an island and ample cupboard space, providing a highly functional and aesthetically pleasing area for cooking and entertaining.
Convenient Location & Amenities: Situated close to shopping, schools, and the picturesque Lake Elsinore, offering a desirable lifestyle with easy access to local attractions.
Cons
Property Age: Built in 1989, the property is over 30 years old, which may lead to concerns about the condition of original systems (e.g., plumbing, electrical, roof) not explicitly mentioned as updated.
History of Price Reductions: The listing history shows multiple price adjustments downwards from the original list price, potentially indicating an initial overpricing or a longer time on market than desired.
Leased Solar Panels (Ownership): While the lease payments are reportedly 'paid off' and offer electric bill savings, the panels remain leased, meaning the buyer does not own the physical asset, which some buyers might prefer for long-term investment.