16491 Palomilla Court, Lake Elsinore, CA 92530
16491 Palomilla Court, Lake Elsinore, CA 92530
Property Description
This lovely two-story 1,907-square foot Santa Barbara facade home on a corner lot features 3 bedrooms and 2.5 bathrooms. The first floor has an island kitchen with granite counters, built-in stainless-steel appliances and pantry closet, a free-flowing Great room and Dining room, and a powder bathroom. Upstairs is the primary bedroom with ensuite bathroom and walk-in closet, 2 additional bedrooms, a full bathroom, laundry room, and tech area. The interior comes complete with white shaker-style cabinetry, lots of included recessed lighting, laminate flooring in the main living areas and carpet in the bedrooms and closets. This truly modern home has all the Smart Home features you would expect with a direct-access 2-car garage pre-plumbed for an electric car, and is solar mandatory. This community features a gated entry, pool, open green space play area, and it is situated approximately one mile Northwest of the lake with nearby freeway access. We anticipate this home will be ready for move-in mid-January 2027.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Lake Elsinore · Condominium
Listed in line with the median closed sale of $502,050. Closed comps sold at 102% of list — strong seller's market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 30919 Olas Court | Lake Elsinore | 2026 | 4 | 3 | 1,900 | 1,628 | $258 | $489,990 | 2 | 96 |
| 30903 Olas Court | Lake Elsinore | 2026 | 4 | 3 | 1,900 | 1,874 | $268 | $509,990 | 63 | 94 |
| 30908 Olas Court | Lake Elsinore | 2026 | 4 | 3 | 2,009 | 1,822 | $265 | $532,990 | 3 | 94 |
| 33535 Mission Trail #62 | Lake Elsinore | 2026 | 3 | 3 | 1,662 | 1,838 | $301 | $499,990 | 82 | 88 |
| 32894 Crown Point | Lake Elsinore | 2020 | 3 | 3 | 1,794 | 2,178 | $279 | $500,000 | 76 | 86 |
| Total: 5 · Average | 3.6 | 3.0 | 1,853 | 1,868 | $274.2 | $506,592 | 45.2 | |||
| Median | 1,900 | $500,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 30923 Olas Court | Lake Elsinore | 2026 | 08/20/2026 | 3 | 3 | 1,907 | 1,484 | $481,990 | $495,945 | $260 | 1.03 | 42 | 97 |
| 30952 Olas Court | Lake Elsinore | 2026 | 06/30/2026 | 3 | 3 | 1,907 | 1,488 | $490,990 | $503,050 | $264 | 1.02 | 81 | 96 |
| 30968 Olas Court | Lake Elsinore | 2026 | 06/05/2026 | 3 | 3 | 1,907 | 1,485 | $489,990 | $502,050 | $263 | 1.02 | 110 | 96 |
| 30927 Olas Court | Lake Elsinore | 2026 | 09/25/2026 | 4 | 3 | 1,900 | 1,623 | $503,990 | $503,990 | $265 | 1.00 | 67 | 95 |
| 30943 Olas Court | Lake Elsinore | 2026 | 07/31/2026 | 4 | 3 | 1,900 | 1,623 | $489,990 | $498,825 | $263 | 1.02 | 112 | 95 |
| Total: 5 · Average | 3.4 | 3.0 | 1,904.2 | 1,540.6 | $500,772 | $500,772 | $263 | — | 82.4 | ||||
| Median | 1,907 | $502,050 | $502,050 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.