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1005 West Sumner, Lake Elsinore, CA 92530

$550K3bd · 2ba · 1,450 sqft
Lot 8,712 sqft•Single Family Residence•
Active
•77d on market•MLS# IG-26165764

Property Description

Welcome to 1005 W. Sumner Avenue, where comfort, opportunity, and location come together in the heart of Lake Elsinore. This charming single-story home offers an inviting layout with abundant natural light and a spacious lot featuring endless possibilities. Enjoy beautiful lake and hillside views while being just minutes from Historic Downtown Lake Elsinore, shopping, dining, schools, and convenient freeway access. Recent upgrades include double pane windows, remodeled kitchen with new cabinets, countertops and appliance. Also newly remodeled baths, and upgraded tile and laminate flooring. Fresh paint in out completes the fresh and inviting look of this home. The generous lot provides ample space for outdoor entertaining, gardening, or future expansion. Buyers will appreciate the potential for an ADU (buyer to verify with the City), making this property an excellent opportunity for multigenerational living or added rental income. Whether you’re a first-time homebuyer, investor, or looking to downsize, this home offers incredible value and versatility in a rapidly growing community. Don’t miss your chance to own a property with character, peaceful views, and future potential! Plan your visit today!

Features & Amenities

FeeBuilt 1968

Property Details

Land Type
Fee
Year Built
1968
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
0
Garage Spaces
0
Heating
Central
Cooling
Wall/Window Unit(s)
View
Hills, Lake
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byAlta Realty Group, Liane Thomas

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,781.10
Principal & Interest
Loan Amount
$440,000
Total Interest
$561,196
Total Payment Over 30 Years
$1,001,196
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1005 West Sumner, Lake Elsinore, CA 92530

Lake Elsinore · Single Family Residence

$550K
Affordable Tier
Beds
3
Baths
2
Sqft
1,450
Lot
8,712 sqft
Year
1968
$/Sqft
$379
Pool: No✓
View: Hills, Lake✓

Listed 4.8% above the median closed sale of $525,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $550K· $379/sqft
Total list price
Closed comps
vs closed median $525K
+$25K (+4.8%)
Active comps
vs active median $515K
+$35K (+6.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $350
+$29 (+8.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
33201 Benner StreetLake Elsinore2019321,4457,841$277$399,999389
33050 SangstonLake Elsinore1987321,4728,712$397$585,000988
18978 JanisseLake Elsinore1989321,4167,405$293$415,000486
226 White OakLake Elsinore1985321,3166,970$391$515,00010885
32730 Royal OakLake Elsinore1993321,5006,534$390$585,0004183
Total: 5 · Average3.02.01,429.87,492.4$349.6$499,999.833
Median1,445$515,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
406 LookoutLake Elsinore196209/10/2026221,3367,405$449,999$450,000$3371.003488
17630 NelsonLake Elsinore198809/30/2026321,2803,049$419,900$410,000$3200.986484
209 SouthshoreLake Elsinore198110/08/2026421,49510,890$500,000$525,000$3511.053484
16651 Marshall AvenueLake Elsinore197109/03/2026321,248239,580$799,990$711,000$5700.8912484
29484 MarinersLake Elsinore199509/10/2026321,36210,454$530,000$545,000$4001.039384
Total: 5 · Average3.02.01,344.254,275.6$528,200$528,200$395.6—69.8
Median1,336$525,000$525,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.