401 401 W Pottery, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath

401 401 W Pottery, Lake Elsinore, California 92530 home-pic-0
ACTIVE$499,000
401 401 W Pottery, Lake Elsinore, California 92530
3Beds
2Baths
1,445Sqft
7,841Lot
Year Built
2025
Close
-
List price
$499K
Original List price
$499K
Price/Sqft
$345
HOA
-
Days on market
-
Sold On
-
MLS number
IV25230153
Home ConditionExcellent
Features
View-

About this home

Great Deal:The estimated price is 7% above the list price. We found 3 Cons,6 Pros. Rank: price - $499.0K(15th), sqft - 1445(25th), beds - 3(50th), baths - 2(50th).

Bright, open living area perfect for families. The kitchen boasts an oversized island, white shaker-style cabinetry, stainless steel appliances, and a large walk-in pantry. Adjacent is a laundry room that opens out to the yard, adding convenience. Outdoors, you’ll find a fully fenced yard that offers great potential for outdoor activities. Completing the package is a two-car detached garage. Modern flooring throughout, ceiling fans, and clean, new fixtures give the home a move-in ready feel. BACK TO THE MARKET BUYER DID NOT PERFORM, APPRAISAL CAME IN AT 520K

Price History

Date
Event
Price
10/07/25
Listing
$499,000
Condition Rating
Excellent

This property was built in 2025, making it brand new. The listing description and images confirm modern flooring, new fixtures, white shaker-style cabinetry, and stainless steel appliances in the kitchen. Bathrooms also appear new and clean. All components are virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1445.
New Construction & Modern Finishes: Built in 2025, this home features modern flooring, ceiling fans, and new fixtures throughout, providing a truly move-in ready experience for buyers.
Instant Equity Potential: The property was recently appraised at $520,000, offering a buyer immediate equity at the current list price of $499,000.
Updated & Functional Kitchen: The kitchen boasts an oversized island, white shaker-style cabinetry, stainless steel appliances, and a large walk-in pantry, ideal for modern living and entertaining.
Family-Friendly Layout: Features a bright, open living area perfect for families and a convenient laundry room with direct yard access, enhancing daily functionality.
Private Outdoor Space & Parking: Includes a fully fenced yard offering great potential for outdoor activities and a practical two-car detached garage.

Cons

Previous Transaction Failure: The property is back on the market due to a buyer's non-performance, which may raise questions or concerns for new prospective buyers regarding the reason for the prior failure.
Detached Garage: While providing ample parking, the detached nature of the two-car garage might be less convenient for some buyers compared to an attached garage, especially in adverse weather.
Lack of Specific View: The property description indicates 'None' for views, meaning it does not offer any scenic or desirable vistas that could enhance its appeal or value.

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