Quick Lake Elsinore City CA MLS Search

Browse All Lake Elsinore City CA Between $400K - $500K Properties for Sale

29421 Hazel, Lake Elsinore
$480,000
3 Beds ⋅ 2 Baths ⋅ SW26228955 MLS ⋅ Active Status
Welcome home to this charming single-story home in the desirable Summerly community of Lake Elsinore! Thoughtfully designed for comfortable everyday living, this home features 3 bedrooms, 2 full bathrooms and an attached 2-car garage. Step inside to an inviting open-concept floor plan with an easy flow between the kitchen, dining and living areas. The kitchen features granite countertops, upgraded cabinetry and stainless steel appliances, making it a welcoming gathering space for everyday meals and entertaining. Plantation shutters and abundant natural light add to the home's warm and inviting atmosphere. The primary suite offers its own private bathroom and walk-in closet, while two additional bedrooms provide flexibility for family, guests, a home office or hobby room. Outside, the manageable backyard offers a comfortable space to relax. Living in Summerly means enjoying more than just a home. Community amenities include swimming pools, spa, clubhouse, parks, playgrounds, picnic and barbecue areas, sports amenities and walking trails, providing plenty of opportunities for recreation and relaxation close to home. The location also puts you within convenient reach of shopping, dining, schools, Lake Elsinore, Diamond Stadium and I-15 freeway access. Head south for everything the Temecula Valley has to offer, including Temecula Wine Country, Old Town Temecula, dining, entertainment and Pechanga Resort and Casino. Commuters traveling toward San Diego County will appreciate access to the I-15 corridor, while those heading toward Orange County have access to Ortega Highway/State Route 74, which connects Lake Elsinore with the coastal side of Orange County and the I-5 corridor. Whether you're a first-time buyer, downsizing, relocating or simply looking for the convenience of single-story living, this Summerly home combines a functional floor plan, community amenities and a location that keeps Riverside County, Temecula Valley, Orange County and San Diego destinations within reach. Come experience the Summerly lifestyle and make this home your own today!

29421 Hazel, Lake Elsinore

314 Acacia, Lake Elsinore
$475,000
2 Beds ⋅ 1 Baths ⋅ OC26214443 MLS ⋅ Active Status
This is your chance to get in on the growing demand in Downtown Lake Elsinore! 314 Acacia is a truly unique property offering character, flexibility, and exciting future potential. Completely renovated approximately three years ago, the home features a newer roof and plumbing, in-unit laundry, beautifully resurfaced original hardwood floors, an updated kitchen and bathroom, and an extra-large finished basement/bonus space—ideal for a game room, home office, hobby space, or additional storage. The property offers generous outdoor space with multiple tiered areas for gardening, patio and entertaining areas, and beautiful lake views. The size and layout of the property may also provide opportunities to expand the existing home or explore an ADU for additional living space, multigenerational living, or potential rental use. Buyer to independently verify all development, expansion, and ADU possibilities with the City. Downtown Lake Elsinore continues to experience investment and planned development, with infrastructure improvements in the surrounding area, including sidewalks, curbs, and ongoing septic-to-sewer conversion. Enjoy a front-row seat to local fireworks and events, with views from the home, bedroom windows, or outdoor patio/deck. Conveniently located near the lake, parks, Downtown Lake Elsinore, and Diamond Stadium. A unique opportunity with substantial improvements already completed and plenty of possibilities still ahead. Don’t miss 314 Acacia!

314 Acacia, Lake Elsinore

567 Enzo Street Unit 84, Lake Elsinore
$499,997
3 Beds ⋅ 3 Baths ⋅ SW26198925 MLS ⋅ Active Status
An incredible home with a 3.625% assumable VA mortgage—a rare opportunity for qualified buyers to take over the seller’s existing loan, subject to mortgage servicer approval! See assumption details below. Welcome to 567 Enzo Street #84 in Lake Elsinore, offering 1,667 square feet of inviting living space with 3 spacious bedrooms and 2.5 bathrooms. An open layout connects the family room and kitchen, creating a comfortable setting for everyday living and entertaining. The kitchen’s large center island with bar seating is perfect for casual meals, morning coffee, and gathering with friends and family. Upstairs, the generously sized bedrooms offer room to relax, with the primary suite providing a private retreat. Two additional bedrooms give you flexibility for guests, a home office, or a hobby space. Enjoy nearby shopping, dining, and everyday conveniences, plus easy access to I-15 for travel to surrounding communities. Lake Elsinore’s lake and outdoor recreation bring even more opportunities to enjoy the Southern California lifestyle. VA LOAN ASSUMPTION OPPORTUNITY: Seller reports an existing VA mortgage with a 3.625% note interest rate that may be assumed by a qualified buyer, subject to mortgage servicer approval and applicable VA requirements. The rate applies to the remaining balance and term of the existing loan. Buyer must cover the difference between the purchase price and outstanding loan balance through cash or separately approved financing, if available. Assumption fees, closing costs, and other requirements may apply. Assumption is not guaranteed; loan terms and eligibility must be verified with the mortgage servicer. Solar agreement to be assumed by buyer, subject to solar provider approval.

567 Enzo Street Unit 84, Lake Elsinore

Mauricio Avenue, Lake Elsinore
$485,000
SW26194738 MLS ⋅ Active Status
AN EXCEPTIONAL 14.89-ACRE OPPORTUNITY IN LAKE ELSINORE OFFERED AT $405,000. Nearly 15 acres at approximately $27,200 per acre, surrounded by established neighborhoods and new residential growth. Properties offering this much land, privacy and long-term potential at this price point are becoming increasingly difficult to find. The property is zoned R-R ( Rural Residential ) and offers open space, beautiful mountain and valley views, and the flexibility that comes with owning a substantial piece of land, while still being close to shopping, schools and major roads. A recent Independent APPRAISAL was completed and helped support the seller’s current asking price, giving buyers added confidence, that the property has been thoughtfully priced for today’s market. The parcel sits next to Rosetta Canyon and near KB Home’s Tuscany Crest new-home community, placing it in an area with a strong residential presence and continued new-home activity. It is also just a short drive from Canyon Lake, the private gated community known for its lake, boating, golf, equestrian center, beaches, parks, pickleball and active outdoor lifestyle. Access is convenient from Central Avenue/Hwy. 74, Greenwald Avenue and Mauricio Avenue, with easy connections to I-15 and nearby Costco, Home Depot, Lowe’s, restaurants, shopping and everyday services. Whether the vision is a private custom estate, ranch-style property, family compound, long-term land investment or future residential concept, this parcel offers the kind of acreage and location that are increasingly hard to find. The seller has already assembled a helpful property-information package for serious buyers, including parcel and assessor information, aerial and Google Earth imagery, parcel dimensions, access imagery, 3D/topographic views, property-use graphics and prior Riverside County environmental correspondence. Nearly 15 acres. $405,000. A location surrounded by residential growth. This is an opportunity worth taking a serious look at while it is available. Buyer and buyer’s agent to conduct their own due diligence and satisfy themselves as to all aspects of the property and its suitability for buyer’s intended use.

Mauricio Avenue, Lake Elsinore

31023 Sedona, Lake Elsinore
$499,000
3 Beds ⋅ 2 Baths ⋅ SW26167928 MLS ⋅ Active Under Contract Status
Welcome to **31023 Sedona St**, an exceptional modern residence where high-end craftsmanship and functional comfort come together seamlessly. Tucked away inside Lake Elsinore’s highly desirable, gated Viscaya community, this turn-key 3-bedroom, 2-bathroom home offers 1,503 square feet of beautifully curated living space crafted for effortless living and entertaining. Step inside to an inviting open layout bathed in natural light from expansive windows. The gourmet kitchen serves as the heart of the home, beautifully appointed with sleek quartz countertops, premium stainless steel appliances, and high-quality finishes throughout. Beyond the sun-drenched main living area, the home features impeccably designed bathrooms and modern, & forward-thinking upgrades. Outside, the manageable 3,920-square-foot lot provides a private, low-maintenance backyard space ideal for weekend barbecues, morning coffee, or custom landscaping projects. Positioned in an unbeatable central location, everyday convenience is right at your doorstep with Stater Bros. Markets, local dining, and daily essentials located directly across the street. Residents of Viscaya enjoy easy access to nearby parks, lakefront recreational activities, and a prime regional setting that puts Los Angeles, San Diego, and Palm Springs all within an hour's drive. Whether you are looking for your first home, seeking low-maintenance high-end living, or sizing down without compromise, this residence offers an exceptional opportunity in Lake Elsinore. Schedule your private tour today and experience 31023 Sedona St for yourself!

31023 Sedona, Lake Elsinore

15660 Lake Ridge Road, Lake Elsinore
$475,000
4 Beds ⋅ 3 Baths ⋅ SW26108143 MLS ⋅ Pending Status
Welcome home to this charming two-story residence with paid off SOLAR located in the city of Lake Elsinore! Offering 4 bedrooms, 3 bathrooms, and 1,782 sq ft of living space, this inviting home combines comfortable living, functional spaces, and a layout perfect for growing families. Step inside to a bright and welcoming living room, highlighted by a cozy fireplace and large windows that fill the space with natural light. The living room flows seamlessly into the dining area, where additional expansive windows create a warm and airy atmosphere for everyday meals or entertaining. Adjacent to the dining area is the well-appointed kitchen, complete with a convenient breakfast counter that provides additional seating and workspace. Upstairs, the spacious primary suite serves as a private retreat, featuring its own en-suite bathroom and a sliding glass door that opens to a private balcony—the perfect place to enjoy your morning coffee or unwind while taking in the fresh air. Down the hallway, you'll find three additional generously sized bedrooms and a full bathroom conveniently located just outside the rooms, providing comfort and functionality for family or guests. Step outside to the covered patio, offering a wonderful space for outdoor dining, weekend barbecues, family gatherings, or simply relaxing while enjoying the spacious backyard. Whether you're entertaining or creating your own outdoor oasis, the backyard offers endless possibilities. Conveniently located near schools, parks, shopping, restaurants, and everyday amenities, this Lake Elsinore home offers the perfect blend of comfort, convenience, and lifestyle. Don't miss this wonderful opportunity to make it your own—schedule your private showing today!

15660 Lake Ridge Road, Lake Elsinore

18306 Oleander Street, Lake Elsinore
$419,999
3 Beds ⋅ 2 Baths ⋅ 219149947DA MLS ⋅ Active Status
Turnkey, Fully Remodeled Retreat -- Move-In Ready and Loaded with Upgrades! Welcome to 18306 Oleander Ave, a beautifully reimagined 3-bedroom, 2-bathroom manufactured home that has been renovated from the ground up. Nothing was overlooked here -- this property offers the rare combination of a designer interior, all-new major systems, and a fully landscaped, private outdoor oasis. Close to all the stores like Costco, Lowes etc. Additionally it's only minutes away from the lake. Just bring your bags! Cash and Hard Money Loans Accepted, our lenders will get you qualified! Step inside to a stylish, designer-curated interior featuring brand-new flooring and subfloor throughout. Major systems have all been addressed, giving buyers true peace of mind:This property features new plumbing from the main line to the home, upgraded electrical in the garage, shed etc. Heating and air conditioning, New flooring and subfloor. New Water heater Meticulously maintained throughout.A Private Outdoor ParadiseThe fully usable, leveled lot has been transformed into a lush and private retreat. 72 green wax privet privacy trees (fast-growing -- up to 2 feet per year!) creating a living privacy wall 33 fruit trees, plus a grape vine, for your own backyard orchard. This home also has irrigation around the yard! New spa with private fencing -- your personal resort at homeCustom 26x31 garage, a dream space for hobbyists, car enthusiasts, or extra storage, Custom tool shed.All-new fencing, wood gates, and 90+ tons of fresh gravel for clean, low-maintenance grounds.This home checks every box: modern updates, privacy, room to grow your own fruit, incredible garage and storage space, and a spa to unwind in at the end of the day. Homes this thoroughly upgraded -- with the big-ticket items already done -- don't come along often, and they don't last long. Schedule your private showing today!

18306 Oleander Street, Lake Elsinore

31502 Riverside, Lake Elsinore
$425,000
DW26140816 MLS ⋅ Active Status
Acquire a rare opportunity to own both the real estate and the established Ringside Bar & Grill in the growing community of Lake Elsinore, California. The Business must be purchased in conjunction with the Real Estate, which is offered separately at $1,759,000 9Seller will consider selling just the business with a 3 year $10,000 NNN lease. The business generates gross annual sales exceeding $1,000,000, making this an outstanding opportunity for an owner-user seeking an established, turnkey operation. The property features a 2,776-square-foot freestanding building that underwent extensive renovations in 2022, creating a modern, attractive, and welcoming environment for patrons. Originally constructed in 1982, the property has been thoughtfully updated and is well-positioned for continued success. Ideally located in the vibrant Lake Elsinore market and zoned CP (Commercial Professional), the property offers excellent visibility, accessibility, and long-term growth potential. Whether you are an experienced restaurateur looking to expand or an entrepreneur seeking to own your own business and real estate, this offering provides a unique opportunity to acquire a thriving business and a strategically located commercial property in one transaction. 2,776 SF building with an additional 800 SF covered patio Built in 1982 Renovated in 2022 Zoned CP Located on Ortega Hwy just as you come into Lake Elsinor. Cap Rate is based on Market rent of $10,000 a month NNN Ringside Bar and Grill to be sold concurrently at $425,000 Includes a Type 48 liquor license Seats 99 persons 10 beer taps, and 3 wells behind the bar Touchtunes jukebox Multuple Samsung Smart TVs Sound system with DJ set up Flat top grill Two fryers Pizza Oven

31502 Riverside, Lake Elsinore

33155 Adelfa Street, Lake Elsinore
$495,000
3 Beds ⋅ 2 Baths ⋅ 26850985PS MLS ⋅ Active Status
This lake view 3-bedroom, 2-bath home sits on a generous 50' x 150' lot in an established Lake Elsinore hillside neighborhood with no HOA. From the private front porch and semi-enclosed trellis, enjoy views of Lake Elsinore and the Santa Ana Mountains from a higher elevation, while relaxing in your own outdoor retreat. Built in 1947 and thoughtfully updated over the years, the approximately 1,000 square-foot home combines character with modern improvements. Interior features include kitchen and both bathrooms being remodeled approximately four years ago, a warm and neutral interior paint color as well as newer carpeting in two of the three bedrooms. Two energy-efficient mini-split systems provide heating and cooling throughout the home. Many of the major improvements have already been completed, including new attic insulation, a new crawl-space vapor barrier, a recently cleaned and certified septic system, Trex decking on the front porch and back deck and a retaining wall designed to protect the home from the lot's natural slope. The property is connected to city water, and newly planted privacy hedges continue to mature, enhancing the outdoor spaces. A major bonus is the dual solar panel system, which currently generates more electricity than the home consumes, helping to keep utility costs low. The long driveway provides parking for multiple vehicles and offers space for an RV, boat or trailer. This is an excellent opportunity to purchase a well-maintained home with many costly, labor-intensive upgrades already completed. Bring your finishing touches and enjoy lake views, mountain views, and the chance to add value over time. Conveniently located near some of the best shopping, dining, and recreational opportunities Lake Elsinore has to offer. SELLER INCENTIVE: Get a 5.4% starting interest rate! Seller offering a 2-1 mortgage rate buydown or a $10,000 credit toward your closing costs with a full-price offer!

33155 Adelfa Street, Lake Elsinore

33040 Maiden, Lake Elsinore
$500,000
IG26115054 MLS ⋅ Active Status
SIGNIFICANT PRICE REDUCTION! RARE LAKE ELSINORE INVESTMENT & DEVELOPMENT OPPORTUNITY! Discover approximately 1.15 acres (50,094 sq. ft.) of flat, usable land with reported General Commercial Mixed-Use (C-1/C-P) zoning, beautiful lake views, and exceptional potential. The property includes an existing 1,637-sq.-ft., 3-bedroom, 2.5-bath home, swimming pool, and expansive outdoor space. Conveniently located near Grand Avenue, with an adjacent fire station and limited neighboring residences, this unique property offers privacy, accessibility, and multiple possibilities for investors and developers. FIVE POTENTIAL INVESTMENT STRATEGIES are illustrated in the photos: (1) Retain the existing home and explore adding a second residence; (2) Explore commercial redevelopment; (3) Retain the home and explore two detached 800-sq.-ft. ADUs with proposed garages; (4) Explore dividing the property into two approximately 25,047-sq.-ft. parcels for future development, resale, or investment; or (5) Remodel the existing home for personal use or potential long-term rental income. IMPORTANT PROPERTY CONDITION: The existing residence is approximately 130 years old and requires substantial remodeling and updating. This is NOT a turnkey property. The newly reduced asking price reflects the home’s age and condition. Buyers considering retaining the residence should anticipate renovation expenses and conduct appropriate inspections. INVESTMENT POTENTIAL: Whether your vision involves renovating, renting, holding, subdividing, or exploring commercial redevelopment, this property’s combination of usable acreage, existing improvements, and reported commercial zoning offers several possibilities worth investigating. IMPORTANT DISCLOSURE: Photos include actual property images and digitally generated CONCEPTUAL RENDERINGS ONLY. Proposed homes, ADUs, garages, parcel divisions, and other depicted improvements are not existing or approved improvements and are not included in the sale. All concepts require additional investment and applicable permits and approvals. Buyer to independently verify condition, square footage, lot size, zoning, permitted uses, ADU and subdivision eligibility, rental restrictions, utilities, setbacks, costs, and approvals with the appropriate governing agencies. No development outcome, rental income, or investment return is guaranteed.

33040 Maiden, Lake Elsinore

33040 Maiden, Lake Elsinore
$500,000
3 Beds ⋅ 3 Baths ⋅ IG26114915 MLS ⋅ Active Status
SIGNIFICANT PRICE REDUCTION! RARE LAKE ELSINORE OPPORTUNITY! Discover a 1,637-sq.-ft., 3-bedroom, 2.5-bath home situated on an oversized 50,094-sq.-ft. (approx. 1.15-acre) lot with lake views, a large swimming pool, and expansive outdoor space. Located near Grand Avenue and the lake, the setting offers unusual privacy, with a fire station adjacent and few immediately neighboring residences. The home is approximately 130 years old and needs substantial remodeling and updating. It is NOT turnkey, and the newly reduced price reflects its condition. Cherished by its owners for more than 40 years, this property is ready for its next chapter. FIVE POTENTIAL STRATEGIES are illustrated in the photos: (1) Retain the home and explore adding a second residence; (2) Explore commercial redevelopment; (3) Retain the home and explore two detached 800-sq.-ft. ADUs with proposed garages; (4) Explore subdividing into two approximately 25,047-sq.-ft. lots for future use; or (5) Remodel the existing home and enjoy the land as it sits. Reported General Commercial Mixed-Use (C-1/C-P) zoning adds another dimension worth investigating. Properties combining a home, substantial usable acreage, lake views, and potential development flexibility merit a closer look. Whether you envision restoring a character-filled residence or exploring a longer-term investment strategy, this is a chance to evaluate multiple possibilities at a newly reduced asking price. Bring your contractor, run the numbers, and imagine what could be next! IMPORTANT: Listing photos include both actual property images and digitally generated CONCEPTUAL RENDERINGS ONLY. Depicted new homes, ADUs, garages, lot divisions, landscaping, and other improvements are not existing or approved improvements and are not included in the sale. No development outcome is guaranteed. Buyer to independently verify square footage, lot size, condition, zoning, permitted uses, ADU eligibility, subdivision feasibility, utilities, setbacks, costs, permits, and approvals with the applicable city, county, and agencies.

33040 Maiden, Lake Elsinore

Start Your Search

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Between $400K - $500K Lake Elsinore City Real Estate

Our website features the best real estate search for between $400k - $500k properties available in Lake Elsinore City and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official Realtor®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire. 

Curious about what’s happening in your neighborhood? You can create a custom market report to see what’s active, under contract, and sold in your neighborhood! 

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Contact us today to find out how we can be of assistance to you!

How much is your home worth?

Get instant property value now!