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511 Lookout Street, Lake Elsinore, CA 92530

$500K4bd · 2ba · 1,511 sqft
Lot 7,405 sqft•Single Family Residence•
Active
•7d on market•MLS# OC-26217885

Property Description

Absolutely Gorgeous!! This incredible 2023 single-story ranch style home sits at the end of an amazing cul-de-sac. It is nestled near the beautiful and highly coveted historic downtown area of Lake Elsinore which provides relaxed style living and beautiful aesthetics. Situated on over 7,000 sq ft and showcasing spectacular views, spaciousness, and privacy, you will absolutely love the uniqueness this lot and location have to offer. The home is positioned off the street and has an amazing front yard, RV parking potential, spacious backyard with a blank slate ready for your pool, toys, games, & imagination, lastly a large 2 car garage. The home is equally amazing and meticulously cared for. Pride of ownership permeates this house as it boasts many upgrades and amenities such as bright and open floor plan, beautiful vinyl plank and carpet flooring, baseboards, tall ceilings, ceiling fans, recessed lighting, huge kitchen with a lot of cabinets, plentiful countertops and custom tile backsplash, stainless steel appliances, pantry, pendant lighting, master bedroom with huge closet, large bedrooms, the entertainer's delight backyard large enough for pool parties, games, entertaining friends and family, BBQing and so much more. Words and pictures can never convey the beauty this home and neighborhood have to offer, come and see for yourself!!

Features & Amenities

FeeBuilt 2023

Property Details

Land Type
Fee
Year Built
2023
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
8
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills, Mountain(s)
Flooring
Vinyl
Roof
Shingle
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byUnknown Office, Curtis Rodriguez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,528.27
Principal & Interest
Loan Amount
$400,000
Total Interest
$510,178
Total Payment Over 30 Years
$910,178
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

511 Lookout Street, Lake Elsinore, CA 92530

Lake Elsinore · Single Family Residence

$500K
Residential Tier
Beds
4
Baths
2
Sqft
1,511
Lot
7,405 sqft
Year
2023
$/Sqft
$331
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed 11.5% below the median closed sale of $565,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $500K· $331/sqft
Total list price
Closed comps
vs closed median $565K
−$65K (−11.5%)
Active comps
vs active median $585K
−$85K (−14.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $397
−$66 (−16.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
15153 EtienneLake Elsinore2025321,4287,841$427$609,9008788
32024 MeranoLake Elsinore2019321,5034,356$333$499,99912185
18978 JanisseLake Elsinore1989321,4167,405$293$415,000484
33050 SangstonLake Elsinore1987321,4728,712$397$585,000982
32465 Cape DriveLake Elsinore1989321,3116,098$534$700,000980
Total: 5 · Average3.02.01,4266,882.4$396.8$561,979.846
Median1,428$585,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
29403 Canyon Valley DriveLake Elsinore200909/04/2026421,7538,712$569,990$565,000$3220.995984
29133 GardeniaLake Elsinore202110/02/2026431,8503,920$595,000$565,000$3050.959084
209 SouthshoreLake Elsinore198110/08/2026421,49510,890$500,000$525,000$3511.053482
16938 Bell AvenueLake Elsinore202509/04/2026431,5076,098$559,000$560,000$3721.003179
29317 BreakwaterLake Elsinore199510/05/2026321,5977,841$589,900$590,000$3691.003379
Total: 5 · Average3.82.41,640.47,492.2$561,000$561,000$343.8—49.4
Median1,597$565,000$565,000

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.