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16685 McPherson Ave, Lake Elsinore, CA 92530

Sale Price: $625,000
Apr 24, 20251,890 sqft2 beds2 baths
Listed by: Hank Greer
License #: 01869747
Phone #: 951-640-5441
Reliable Realty Inc.
Source:
CRMLS Logo
MLS #: SW25090047

Property Description

Ultra charming Spanish-style ranch home on top of the hill with gorgeous lake and mountain views! This historic gem is rich in history and holds modern elegance at nearly a century old, but it also features many amazing upgrades and tasteful finishes to keep it true to its era. This lovely home sits on 2 parcels coming in close to a 1/3 of an acre on a sprawling corner lot. Upon entering you will immediately notice the vaulted ceilings, beautiful beams, wrought iron chandeliers, custom lighting and showcasing a floor to ceiling custom fireplace mantel adding even more to the home's exquisite craftsmanship. This beautifully updated kitchen dazzles with stunning cabinets, tile backsplash, copper ceilings, a beautiful built-in hutch and custom inlaid wooden floors. Both bathrooms have been tastefully updated and there’s also a den with limitless opportunity to make it into a space of your own, such as an office, home gym, media room or even a nursery. This home home also showcases new windows, new doors, updated hardware, crown molding, upgraded electrical & plumbing, whole house water filtration system a jacuzzi and a completely paid off solar system to help cut into those electric bills. Outside is a one-of-a-kind backyard designed by a Disney Imagineer that brought in loads of creativity showcasing a Polynesian-themed garden, a Wonderland-styled maze, a waterwheel, lush landscaping, mature trees and so much more! Underneath the home are two additional rooms; one perfect for a wine cellar or cigar bar and the other a full workshop with excellent storage. This truly is a once in a century opportunity and homes like this surely don't come around all that often!
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

$11,010

TurboHome Estimated Value

$666,500

$353 sqft

High Valuation
$699,825
$370/sqft
Normal Valuation
$666,500
$353/sqft
Low Valuation
$633,175
$335/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$353/sqft$666,500

Neighborhood

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Comparative Value

$550K

$570K

$599K

$625K

$637K

868 Ancona Ln, Lake Elsinore, CA 92530

Sale Price: $549,990

Selected Comparable

4674 Parma Ln, Lake Elsinore, CA 92530

Sale Price: $569,990

Selected Comparable

4668 Parma Ln, Lake Elsinore, CA 92530

Sale Price: $570,990

Selected Comparable

16685 McPherson Ave, Lake Elsinore, CA 92530

List Price: $599,000

Subject Property

16685 McPherson Ave, Lake Elsinore, CA 92530

Sale Price: $625,000

Selected Comparable

940 Dryden Dr, Lake Elsinore, CA 92530

Sale Price: $636,719

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
16685 McPherson Ave, Lake Elsinore, CA 92530

16685 McPherson Ave, Lake Elsinore, CA 92530

List: $599,000

Listed: 4/24/2025

Area:1,890 sqft
Price/sqft:$317
Beds:2
Baths:2
Year Built:
Lot Size:13,504

Comparable Properties

COMPARABLE
Choose comps
16685 McPherson Ave, Lake Elsinore, CA 92530

16685 McPherson Ave, Lake Elsinore, CA 92530

Sale: $625,000

5/14/20250.00 mi

Area:1,890 sqft
Price/sqft:$331
Beds:2
Baths:2
Year Built:
Weight:25.4%
4668 Parma Ln, Lake Elsinore, CA 92530

4668 Parma Ln, Lake Elsinore, CA 92530

Sale: $570,990

7/24/20250.30 mi

Area:1,742 sqft
Price/sqft:$328
Beds:3
Baths:2
Year Built:
Weight:20.4%
940 Dryden Dr, Lake Elsinore, CA 92530

940 Dryden Dr, Lake Elsinore, CA 92530

Sale: $636,719

4/18/20250.41 mi

Area:2,027 sqft
Price/sqft:$314
Beds:3
Baths:2
Year Built:
Weight:18.9%
4674 Parma Ln, Lake Elsinore, CA 92530

4674 Parma Ln, Lake Elsinore, CA 92530

Sale: $569,990

5/28/20250.31 mi

Area:1,539 sqft
Price/sqft:$370
Beds:3
Baths:2
Year Built:
Weight:17.8%
868 Ancona Ln, Lake Elsinore, CA 92530

868 Ancona Ln, Lake Elsinore, CA 92530

Sale: $549,990

5/28/20250.35 mi

Area:1,539 sqft
Price/sqft:$357
Beds:3
Baths:2
Year Built:
Weight:17.6%

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