30400 Morton Avenue, Lake Elsinore, California 92530, Lake Elsinore, - bed, bath

home-pic
ACTIVE$580,000
30400 Morton Avenue, Lake Elsinore, California 92530
4Beds
4Baths
3,360Sqft
5,663Lot
Year Built
1990
Close
-
List price
$580K
Original List price
$695K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
CV25064269
Home ConditionFair
Features
Good View: Lake, Mountain(s)
ViewLake, Mountain(s)

About this home

CHARMING HILLTOP RETREAT IN HISTORIC COUNTRY CLUB HEIGHTS WITH BREATH-TAKING VIEWS. Discover a rare opportunity to own a one-of-a-kind property in the sought-after Country Club Heights neighborhood of Lake Elsinore. Nestled on a hill with stunning privacy and panoramic views, this expansive home offers the perfect blend of rural tranquility and urban convenience. Located just minutes from the lake, shopping, restaurants, and major freeways, this property delivers the best of both worlds. Spanning over 3,360 square feet, this versatile home features 3 bedrooms, 3 baths, and a range of flexible spaces to suit any lifestyle. The spacious family room can easily be transformed into a 4th bedroom, while the office offers potential for a 5th bedroom. The open-concept kitchen flows seamlessly into the living and dining areas, with sliding glass doors leading to a balcony that showcases breathtaking views of the city and lake. The second floor boasts generously sized bedrooms, including a luxurious master suite with a soaking tub fit for royalty. An enclosed balcony on this level provides a massive bonus room, perfect for entertaining or relaxation. Additionally, the home includes a separate downstairs basement with its own entrance, featuring a 1-bedroom, 1-bath suite complete with a full kitchen—ideal for multi-generational living or rental income. This sale includes two parcels: APN 375-321-058 (5,663 sqft) and APN 375-321-059 (7,405 sqft), offering endless possibilities. Whether you’re a first-time homebuyer, an investor, or looking for space to build in the future, this property has it all. Live in one unit, rent out the other, and enjoy the potential of a vacant lot for future development. Don’t miss this unique gem in Lake Elsinore! Schedule your viewing today and explore the potential of this exceptional property.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (308 Listings)
Beds43
56%
Baths42
95%
Square foot3,3601,834
98%
Lot Size5,6637,405
21%
Price$580K$582K
50%
Price per square foot$173$325
1%
Built year19902005
33%
HOA
Days on market226192
69%
Condition Rating
Fair

The property was built in 1990. The images show that the house has been maintained, but the kitchen and bathrooms appear dated. The flooring has been updated in some areas. Overall, it needs some minor updates.
Pros & Cons

Pros

Panoramic Views: The property boasts breathtaking panoramic views of the city and lake, enhancing its desirability and market value.
Income Potential: The downstairs basement with a separate entrance and full kitchen offers excellent rental income potential or multi-generational living options.
Flexible Spaces: The home features versatile spaces, including a family room that can be converted into a 4th bedroom and an office with potential for a 5th bedroom, catering to various lifestyle needs.
Desirable Location: Located in the sought-after Country Club Heights neighborhood, the property is conveniently close to the lake, shopping, restaurants, and major freeways.
Dual Parcels: The sale includes two parcels, offering potential for future development or expansion.

Cons

Lot Size: The lot size is relatively small, which might limit outdoor activities or future expansions.
Original List Price Reduction: The property has experienced a price reduction from its original listing price, which may indicate market resistance or perceived issues.
Year Built: Built in 1990, the property may require updates to meet modern standards and preferences.

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