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16897 Gunnerson, Lake Elsinore, CA 92530

$500K2bd · 2ba · 1,491 sqft
Lot 6,098 sqft•Single Family Residence•
Active
•190d on market•MLS# SW-26074563

Property Description

New custom-built two-story home featuring 2 bedrooms, 2 bathrooms, plus a bonus room ideal for a third bedroom, office, or game room. Spacious family room with a modern fireplace and a bright, open kitchen perfect for entertaining. First floor offers a bedroom, full bathroom, bonus room, and separate laundry area. Upstairs features the primary suite with a retreat area, oversized walk-in closet, elegant bathroom, and a loft. Equipped with fully paid solar, tankless water heater, and septic system with sensors. Blank-canvas backyard ready for customization. Minutes from the lake, shopping, and easy access to the 15 & 215 freeways. No HOA. SHORT SALE

Features & Amenities

FeeBuilt 2024

Property Details

Land Type
Fee
Year Built
2024
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byMogul Real Estate, Shantae Short

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

Affordable Tier · 5 active · 5 closed

16897 Gunnerson, Lake Elsinore, CA 92530

Lake Elsinore · Single Family Residence

$500K
Affordable Tier
Beds
2
Baths
2
Sqft
1,491
Lot
6,098 sqft
Year
2024
$/Sqft
$335
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed in line with the median closed sale of $505,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $500K· $335/sqft
Total list price
Closed comps
vs closed median $505K
−$5K (−1.0%)
Active comps
vs active median $560K
−$60K (−10.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $371
−$36 (−9.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
45141 Kingbird LaneLake Elsinore2024321,5485,302$371$575,0001991
32024 MeranoLake Elsinore2019321,5034,356$333$499,99912091
15153 EtienneLake Elsinore2025321,4287,841$427$609,9008689
4578 Avellino PlaceLake Elsinore2026321,4356,459$390$559,99013089
31023 SedonaLake Elsinore2019321,5033,920$332$499,0007188
Total: 5 · Average3.02.01,483.45,575.6$370.6$548,777.885.2
Median1,503$559,990

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5085 Siena CourtLake Elsinore202609/03/2026321,5398,556$615,521$605,000$3930.989091
4884 SicilyLake Elsinore202408/28/2026321,7426,098$574,999$550,000$3160.9625790
29422 LindenLake Elsinore201708/31/2026321,3873,920$499,900$505,000$3641.016489
29306 Linden PlaceLake Elsinore201809/28/2026321,3873,920$515,000$500,000$3600.975186
3527 Lake CrestLake Elsinore198308/27/2026321,4646,098$500,000$500,000$3421.002382
Total: 5 · Average3.02.01,503.85,718.4$532,000$532,000$355—97
Median1,464$505,000$505,000

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.