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41514 Red Car Drive, Lake Elsinore, CA 92532

$640K3bd · 2ba · 1,747 sqft
Lot 6,534 sqft•HOA $204/mo•Single Family Residence•
Active
•16d on market•MLS# OC-26209262

Property Description

FULLY ASSUMABLE 3.125% INTEREST RATE — A RARE OPPORTUNITY IN TODAY’S MARKET. Welcome to Crimson Hills, where modern design meets effortless single-level living in this beautifully crafted 2022 residence offering 3 bedrooms, 2 bathrooms, and approximately 1,747 square feet of thoughtfully designed space. A welcoming foyer opens to an expansive great room filled with natural light and enhanced by luxury vinyl plank flooring, creating a warm, cohesive living environment ideal for both everyday living and entertaining. At the heart of the home, the kitchen is both functional and refined, showcasing a generous island with counter seating, crisp white cabinetry, marble countertops, a classic subway tile backsplash, and stainless steel appliances. The private primary suite serves as a peaceful retreat, complete with dual vanities, stone countertops, a walk-in shower, and a spacious walk-in closet. Additional interior highlights include LED lighting throughout and a dedicated laundry room designed for convenience. Step outside to a thoughtfully designed backyard featuring low-maintenance turf, a gazebo, and an expansive concrete patio—offering multiple areas to relax, entertain, and enjoy the Southern California lifestyle. Enhancements such as owned solar, rain gutters, a widened driveway, and expanded hardscape further elevate the home’s efficiency and functionality. Ideally located near Rosetta Canyon Sports Park, local schools, the Outlets at Lake Elsinore, a variety of dining options, and major freeways, this home delivers the perfect blend of comfort, accessibility, and long-term financial advantage—anchored by one of the most compelling financing opportunities currently available.

Features & Amenities

FeeBuilt 2022

Property Details

Land Type
Fee
Year Built
2022
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
Flooring
Vinyl, Carpet, Tile
Roof
Slate
City
Lake Elsinore
Zip Code
92532
County
Riverside
Listed bySerhant California, Inc, Jason Wright

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,236.19
Principal & Interest
Loan Amount
$512,000
Total Interest
$653,028
Total Payment Over 30 Years
$1,165,028
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

Residential Tier · 5 active · 5 closed

41514 Red Car Drive, Lake Elsinore, CA 92532

Lake Elsinore · Single Family Residence

$640K
Residential Tier
Beds
3
Baths
2
Sqft
1,747
Lot
6,534 sqft
Year
2022
$/Sqft
$366
Pool: No✓
Spa: No✓
Garage: 2-car✓

Listed 4.1% above the median closed sale of $615,000. Price per sqft ($366) is a 18% premium to closed comps ($309). Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $640K· $366/sqft
Total list price
Closed comps
vs closed median $615K
+$25K (+4.1%)
Active comps
vs active median $575K
+$65K (+11.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $370
−$4 (−1.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4550 La Spezia LaneLake Elsinore2025321,6635,227$349$579,9001794
36451 Chervil CourtLake Elsinore2017321,6315,227$337$550,0001993
45141 Kingbird LaneLake Elsinore2024321,5485,302$371$575,0002092
760 Park WayLake Elsinore2021331,6156,098$402$649,9002892
4578 Avellino PlaceLake Elsinore2026321,4356,459$390$559,99013091
Total: 5 · Average3.02.21,578.45,662.6$369.8$582,95842.8
Median1,615$575,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
16647 Evelyn PlaceLake Elsinore202409/21/2026322,0096,050$625,000$625,000$3111.007293
29480 Major LeagueLake Elsinore201509/28/2026321,8684,792$550,000$555,000$2971.0110291
33384 WestlongLake Elsinore200410/08/2026321,6078,276$519,000$533,650$3321.035388
15111 AudreyLake Elsinore201809/15/2026322,0528,712$589,900$615,000$3001.046387
29114 FlatheadLake Elsinore202409/08/2026432,0176,534$629,000$620,000$3070.9915287
Total: 5 · Average3.22.21,910.66,872.8$589,730$589,730$309.4—88.4
Median2,009$615,000$615,000

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.