53223 Bonica Street, Lake Elsinore, California 92532, Lake Elsinore, - bed, bath

home-pic
ACTIVE$560,000
53223 Bonica Street, Lake Elsinore, California 92532
3Beds
3Baths
2,042Sqft
6,534Lot
Year Built
2010
Close
-
List price
$560K
Original List price
$579K
Price/Sqft
-
HOA
$80
Days on market
-
Sold On
-
MLS number
IG25049249
Home ConditionGood
Features
Patio
View-

About this home

***Back on the Market***. Step into this single story cozy home. Tile entry and new carpet in the family room. Extremely large entertainers island in the lovely kitchen with the cozy family room sitting close by. Double oven and walk in pantry. A den is right off the entry that could be used as a bedroom if needed, just add a closet. Primary suite with a walk in closet and a spacious bathroom. Inside laundry room and a powder room for guests. Down the hallway is another two bedrooms and a full bathroom. The two car garage is attached to conveniently enter the car with groceries. Off the family room is a beautiful backyard with a patio to sit and enjoy a nice beverage. New buyers must assume existing solar lease. Bring your buyers to this competitively priced home and get it before its gone!! House appraised at $580,000.00. Termite clearance is done!!

Nearby schools

6/10
Earl Warren Elementary School
Public,K-51.5mi
3/10
Elsinore Middle School
Public,6-83.7mi
6/10
Temescal Canyon High School
Public,9-122.8mi

Price History

Date
Event
Price
10/31/25
Price Change
$560,000-0.9%
09/03/25
Price Change
$565,000
03/19/25
Listing
$579,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (142 Listings)
Beds34
27%
Baths33
50%
Square foot2,0422,528
25%
Lot Size6,5347,405
37%
Price$560K$648K
11%
Price per square foot$274$262
61%
Built year20102007
52%
HOA$80$203
1%
Days on market231186
67%
Condition Rating
Good

The property was built in 2010, making it 14 years old, which aligns with the 'Good' condition criteria. It is move-in ready with no immediate renovations required. The kitchen features granite countertops, white beadboard cabinets, and black appliances, all appearing well-maintained and functional, though the appliance color and cabinet style are not the most current trends. Bathrooms are spacious, clean, and in good condition. While new carpet is mentioned in the family room and a barn door adds a modern touch, the property has not undergone a full, extensive renovation within the last 5 years to qualify for an 'Excellent' rating. All major systems appear functional and well-maintained.
Pros & Cons

Pros

Modern Construction & Condition: Built in 2010, featuring new carpet in the family room and recent termite clearance, indicating a well-maintained and relatively new home.
Gourmet Kitchen Features: Equipped with an extremely large entertainers island, double oven, and walk-in pantry, ideal for culinary enthusiasts and hosting.
Flexible Living Space: A den off the entry offers potential for conversion into an additional bedroom, enhancing the home's adaptability for various needs.
Comfortable Primary Suite: Includes a spacious bathroom and a walk-in closet, providing a private and well-appointed retreat.
Value Proposition: The property was recently appraised at $580,000, which is above the current list price of $560,000, suggesting immediate equity potential for a buyer.

Cons

Solar Lease Assumption: New buyers are required to assume an existing solar lease, which represents an ongoing financial obligation and potential added monthly cost.
Automated Valuation Discrepancy: The property's automated estimated value ($515,999) is 8% below the current listing price, potentially indicating an overvaluation by some market models despite the appraisal.
Middle School Rating: The assigned middle school (Elsinore Middle School) has a rating of 3, which might be a concern for families prioritizing school quality.

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