29247 Allan Street, Lake Elsinore, California 92532, Lake Elsinore, - bed, bath

home-pic
ACTIVE$615,000
29247 Allan Street, Lake Elsinore, California 92532
3Beds
2Baths
1,878Sqft
20,473Lot
Year Built
1982
Close
-
List price
$615K
Original List price
$615K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SW25104651
Home ConditionFair
Features
Good View: City Lights, Hills, Mountain(s)
Patio
ViewCity Lights,Hills,Mountain(s)

About this home

Welcome to this beautifully refreshed 3-bedroom, 2-bath home, ideally located just off the 15 Freeway. Enjoy unbeatable convenience with Costco, Walmart, and the new In-N-Out going up just down the street—plus a brand-new Stater Bros. on the way! Best of all, you won’t need to drive deep inland to get home—this prime location keeps you connected to everything. Step inside to find fresh interior paint, high ceilings, and an open floor plan anchored by a cozy fireplace that adds warmth and charm. The kitchen features durable Corian countertops, and some bedrooms are upgraded with new double-paned windows for added comfort and energy efficiency. You’ll also appreciate the new copper plumbing and the soft water system. A permitted bonus room with a wet bar offers the perfect space for entertaining or relaxing. Outside, the spacious, pool-sized backyard is ideal for gatherings, complete with a built-in fire pit for evenings under the stars. Situated on a generous under half-acre corner lot, this property includes RV parking, a large carport, a barn for storage or hobbies, a two-car garage, and a newly built block wall. Exposed ceiling beams lend a rustic, inviting touch throughout the interior. With no HOA, low property taxes, and endless potential for customization, this home offers exceptional value and flexibility. Whether you’re looking for extra space, privacy, or proximity to major shopping and dining, this property has everything.

Price History

Date
Event
Price
05/29/25
Listing
$615,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (142 Listings)
Beds34
27%
Baths23
18%
Square foot1,8782,528
16%
Lot Size20,4737,405
95%
Price$615K$648K
41%
Price per square foot$327$262
88%
Built year19822007
2%
HOA$114
Days on market160183
36%
Condition Rating
Fair

Built in 1982, this property is well-maintained and move-in ready, benefiting from recent updates like fresh interior paint, new copper plumbing, a soft water system, and some new double-paned windows. However, the kitchen features older Corian countertops, and the bathroom exhibits dated fixtures, vanity, and lighting. The presence of popcorn ceilings and an original 1980s brick fireplace further indicate that while functional, the home requires minor cosmetic updates to align with current styles and standards, particularly in the kitchen and bathrooms.
Pros & Cons

Pros

Prime Commuter & Retail Location: Exceptional convenience with direct 15 Freeway access and immediate proximity to major retailers like Costco, Walmart, In-N-Out, and a new Stater Bros., ensuring easy commutes and access to amenities.
Extensive Outdoor Space & Amenities: Situated on a generous, nearly half-acre corner lot, featuring a spacious, pool-sized backyard with a built-in fire pit, RV parking, a large carport, and a barn for storage or hobbies.
Key System Upgrades & Fresh Interior: Recent updates include fresh interior paint, new copper plumbing, a soft water system, and upgraded double-paned windows in some bedrooms, enhancing comfort and reducing immediate maintenance.
Versatile Permitted Bonus Room: A valuable permitted bonus room with a wet bar provides flexible living space, perfect for entertaining, a home office, or a dedicated hobby area.
Financial Advantages & Customization Potential: Benefits from no HOA fees and low property taxes, offering significant long-term savings and ample opportunity for future customization on its large lot.

Cons

Age of Property & Partial Updates: Built in 1982, while refreshed, the home may still require further updates to certain areas (e.g., kitchen/bathrooms beyond countertops) to fully align with modern buyer expectations.
Lack of Existing Pool: Despite a 'pool-sized' backyard, the absence of an actual pool means a significant additional investment for buyers desiring this amenity, particularly in Lake Elsinore's warm climate.
Specific Interior Aesthetics: Features like Corian countertops and exposed ceiling beams, while functional or charming to some, might not appeal to all buyers' contemporary design preferences, potentially narrowing the market.

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