207 Campus Way, Lake Elsinore, California 92530, Lake Elsinore, - bed, bath
ACTIVE$640,000
207 Campus Way, Lake Elsinore, California 92530
4Beds
3Baths
2,101Sqft
9,148Lot
Year Built
2005
Close
-
List price
$640K
Original List price
$640K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25249522
Home ConditionGood
Features
Good View: Neighborhood
Patio
ViewNeighborhood
About this home
Welcome home! This beautiful move-in ready property is waiting for its new homeowners. Featuring 4 spacious bedrooms and 3 bathrooms, this home offers plenty of room for the whole family. Enjoy tile flooring throughout, granite countertops, and large closets in every upstairs bedroom. The home also includes leased solar panels to help with energy savings and a water softener for added comfort. The big backyard provides endless possibilities. Perfect for adding an ADU, a pool, or creating your dream outdoor space. Conveniently located near shopping, schools, and freeways, this home has everything you need and more!
Price History
Date
Event
Price
10/29/25
Listing
$640,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (308 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 56% |
| Baths | 3 | 2 | 54% |
| Square foot | 2,101 | 1,834 | 64% |
| Lot Size | 9,148 | 7,405 | 69% |
| Price | $640K | $584K | 74% |
| Price per square foot | $305 | $325 | 43% |
| Built year | 2005 | 2005 | 50% |
| HOA | |||
| Days on market | 7 | 191 | 0% |
Condition Rating
Good
Built in 2005, this property is 19 years old and falls within the 'good' category's age range. The listing describes it as 'move-in ready,' and the images confirm a well-maintained interior with tile flooring downstairs and wood laminate upstairs. The kitchen features granite countertops and stainless steel appliances (except for a white refrigerator), while bathrooms also have granite-like counters and jetted tubs. While the style of the kitchen and bathrooms reflects the original build era and isn't fully modernized, all components appear functional and in good condition with no immediate renovations required. The addition of leased solar panels and a water softener are positive updates.
Pros & Cons
Pros
Move-in Ready & Modern Interior: The property is described as 'move-in ready' with desirable interior finishes such as tile flooring throughout and granite countertops, minimizing immediate renovation needs for a buyer.
Ample Space & Family-Oriented Layout: With 4 spacious bedrooms and 3 bathrooms, along with large closets in every upstairs bedroom, the home offers generous living space well-suited for families.
Energy Efficiency & Enhanced Comfort: The inclusion of leased solar panels provides significant energy savings, and a water softener adds an extra layer of comfort and appeal for potential homeowners.
Expansive & Customizable Backyard: The 'big backyard' offers substantial potential for personalization, including space for an ADU, a pool, or creating a dream outdoor living area, adding long-term value.
Potential for Immediate Equity: The current listing price of $640,000 is notably below the estimated market value of $679,703.155, suggesting an attractive opportunity for buyers to gain immediate equity.
Cons
Leased Solar Panels: While beneficial for energy savings, the leased nature of the solar panels represents an ongoing financial obligation and can sometimes complicate financing or the transfer of ownership.
Lack of Explicit Cooling System: The property description highlights a water softener but makes no mention of an air conditioning system, which is a critical amenity for comfort in Lake Elsinore's climate.
Generic 'Neighborhood' View: Despite having a view, its classification as 'Neighborhood' suggests it lacks a premium or distinctive scenic outlook (e.g., lake, mountain, city lights) that could enhance market appeal.