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1005 W Sumner Ave, Lake Elsinore, CA 92530

Sale Price: $485,000
Jun 8, 20241,450 sqft3 beds2 baths
Listed by: Justin Schaller
License #: 01457879
Phone #: 800-994-3704
Lion Heart Realty
Source:
CRMLS Logo
MLS #: OC24117069

Property Description

Discover your dream home in the heart of Lake Elsinore's growing community, just a stone's throw away from the vibrant Old Town. This beautiful 3-bedroom, 2-bathroom house is perched on a hilltop, offering breathtaking views of the serene lake in a peaceful residential neighborhood. Imagine waking up to the tranquil sights of the shimmering lake every morning, feeling like you're on a retreat right at home. With plenty of space and natural light, this house is perfect for those looking for a peaceful oasis. But that's not all - this property is a visionary's paradise! Bring your architect and explore the endless possibilities on the hilltop pad, which is more than ready for your Additional Dwelling Unit (ADU). This investment opportunity is a must-see for anyone looking to create their own custom living space or generate additional rental income. Don't miss out on the chance to own a piece of paradise in Lake Elsinore. Schedule a viewing today and make your dream home a reality! Buyer to verify & do all due diligence with city and planning for building ADU, public property records indicate 2 bedroom 1 bath on this home.
Assignment
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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

$7,470

TurboHome Estimated Value

$496,500

$342 sqft

High Valuation
$521,325
$360/sqft
Normal Valuation
$496,500
$342/sqft
Low Valuation
$471,675
$325/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$342/sqft$496,500

Neighborhood

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Comparative Value

$485K

$495K

$500K

$510K

$540K

1005 W Sumner Ave, Lake Elsinore, CA 92530

Sale Price: $485,000

Selected Comparable

1005 W Sumner Ave, Lake Elsinore, CA 92530

List Price: $495,000

Subject Property

807 W Pottery St, Lake Elsinore, CA 92530

Sale Price: $500,000

Selected Comparable

1409 W Pottery St, Lake Elsinore, CA 92530

Sale Price: $510,000

Selected Comparable

309 Mohr St, Lake Elsinore, CA 92530

Sale Price: $510,000

Selected Comparable

109 S Lindsay St, Lake Elsinore, CA 92530

Sale Price: $540,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1005 W Sumner Ave, Lake Elsinore, CA 92530

1005 W Sumner Ave, Lake Elsinore, CA 92530

List: $495,000

Listed: 6/8/2024

Area:1,450 sqft
Price/sqft:$341
Beds:3
Baths:2
Year Built:
Lot Size:8,712

Comparable Properties

COMPARABLE
Choose comps
1005 W Sumner Ave, Lake Elsinore, CA 92530

1005 W Sumner Ave, Lake Elsinore, CA 92530

Sale: $485,000

9/26/20240.00 mi

Area:1,450 sqft
Price/sqft:$334
Beds:3
Baths:2
Year Built:
Weight:20.9%
807 W Pottery St, Lake Elsinore, CA 92530

807 W Pottery St, Lake Elsinore, CA 92530

Sale: $500,000

6/17/20250.19 mi

Area:1,300 sqft
Price/sqft:$385
Beds:3
Baths:2
Year Built:
Weight:20.9%
1409 W Pottery St, Lake Elsinore, CA 92530

1409 W Pottery St, Lake Elsinore, CA 92530

Sale: $510,000

2/19/20250.32 mi

Area:1,385 sqft
Price/sqft:$368
Beds:3
Baths:2
Year Built:
Weight:20.3%
309 Mohr St, Lake Elsinore, CA 92530

309 Mohr St, Lake Elsinore, CA 92530

Sale: $510,000

8/8/20250.20 mi

Area:1,512 sqft
Price/sqft:$337
Beds:4
Baths:2
Year Built:
Weight:18.9%
109 S Lindsay St, Lake Elsinore, CA 92530

109 S Lindsay St, Lake Elsinore, CA 92530

Sale: $540,000

3/6/20250.43 mi

Area:1,267 sqft
Price/sqft:$426
Beds:3
Baths:2
Year Built:
Weight:18.9%

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