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378 Avenue 2, Lake Elsinore, CA 92530

List Price: $495,000On Market FlagOn market
Aug 12, 20251,032 sqft3 beds2 baths
Listed by: Matthew Ornelas
License #: 02050436
Phone #: 909-606-0888
HOMEQUEST REAL ESTATE
Source:
CRMLS Logo
MLS #: CV25180642

Property Description

Cozy 3-Bedroom Home with ADU Potential Near Lake Elsinore Welcome to this beautifully updated 3 bedroom, 2 bath home, perfectly blending comfort, style, and future potential. Inside, you’ll find brand-new windows that fill each room with natural light, mini-split AC units for personalized climate control, a fully remodeled kitchen with a new garbage disposal, and new flooring and doors throughout. The home also features a new roof, ensuring peace of mind for years to come. The detached garage offers exciting potential to be converted into an Accessory Dwelling Unit (ADU). Step outside to enjoy a spacious backyard with plenty of room for entertaining, gardening, or relaxing under the California sun and new back patio! Conveniently located just minutes from Lake Elsinore and with quick access to the 15 Freeway, this home offers easy commuting and endless outdoor activities right at your doorstep. Don’t miss this move-in-ready gem with room to grow—schedule your showing today!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$3,558

TurboHome Estimated Value

$366,100

$355 sqft

High Valuation
$384,405
$372/sqft
Normal Valuation
$366,100
$355/sqft
Low Valuation
$347,795
$337/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$355/sqft$366,100

Neighborhood

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Comparative Value

$435K

$440K

$475K

$495K

$500K

$500K

1141 Dawes St, Lake Elsinore, CA 92530

Sale Price: $435,000

Selected Comparable

961 Park Way, Lake Elsinore, CA 92530

Sale Price: $439,900

Selected Comparable

287 E Hill St, Lake Elsinore, CA 92530

Sale Price: $475,000

Selected Comparable

378 Avenue 2, Lake Elsinore, CA 92530

List Price: $495,000

Subject Property

414 Granite St, Lake Elsinore, CA 92530

Sale Price: $500,000

Selected Comparable

783 Lake St, Lake Elsinore, CA 92530

Sale Price: $500,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
378 Avenue 2, Lake Elsinore, CA 92530

378 Avenue 2, Lake Elsinore, CA 92530

List: $495,000

Listed: 8/12/2025

Area:1,032 sqft
Price/sqft:$480
Beds:3
Baths:2
Year Built:
Lot Size:6,534

Comparable Properties

COMPARABLE
Choose comps
287 E Hill St, Lake Elsinore, CA 92530

287 E Hill St, Lake Elsinore, CA 92530

Sale: $475,000

5/19/20250.57 mi

Area:1,028 sqft
Price/sqft:$462
Beds:3
Baths:2
Year Built:
Weight:22.2%
414 Granite St, Lake Elsinore, CA 92530

414 Granite St, Lake Elsinore, CA 92530

Sale: $500,000

9/27/20240.69 mi

Area:1,065 sqft
Price/sqft:$469
Beds:3
Baths:2
Year Built:
Weight:20.1%
1141 Dawes St, Lake Elsinore, CA 92530

1141 Dawes St, Lake Elsinore, CA 92530

Sale: $435,000

6/16/20250.23 mi

Area:945 sqft
Price/sqft:$460
Beds:3
Baths:1
Year Built:
Weight:19.5%
961 Park Way, Lake Elsinore, CA 92530

961 Park Way, Lake Elsinore, CA 92530

Sale: $439,900

12/23/20240.09 mi

Area:1,056 sqft
Price/sqft:$417
Beds:3
Baths:1
Year Built:
Weight:19.4%
783 Lake St, Lake Elsinore, CA 92530

783 Lake St, Lake Elsinore, CA 92530

Sale: $500,000

6/9/20250.12 mi

Area:1,425 sqft
Price/sqft:$351
Beds:3
Baths:2
Year Built:
Weight:18.8%

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