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

2 Beds ⋅ 2 Baths ⋅ SW26091575 MLS ⋅ Active Status

New Vinyl fencing is installed!! Affordable Duplex near Lake Elsinore. Each unit has its own yard. Great opportunity to own a clean and kept duplex in the City of Lake Elsinore Dream Extreme. Each unit is a one-bedroom, one-bath layout and enjoys its own private yard, plus plenty of parking. The units are smaller, though clean, functional, and maintained, offering strong rental appeal. Located within walking distance to Lake Elsinore and Perret Park, which backs right up to one part of Lake Elsinore's shoreline. Enjoy boating, water skiing, wing foiling, fishing, and lakeside recreation. The nearby airport offers glider rides and skydiving, and the area is home to the California Motorcycle Road Race Association. Outdoor enthusiasts will love the excellent hiking trails and the Elsinore Launch located on the Ortega Highway, where hang gliding is enjoyed. A great opportunity for investors or owner-occupants looking for an affordable property to live in one and rent the other in a growing, adventure-driven community. This property is zoned for commercial, giving this property so many possibilities for someone who has a business. Contact the city of Elsinore to explore all the uses that this unique property could potentially be used for.

17797 Grand A & B, Lake Elsinore

$429,999

2 Beds ⋅ 1 Baths ⋅ RS26090059 MLS ⋅ Active Status

Beautiful 2 Bedrooms, 1 Bath Home in Lake Elsinore with RV access to backyard from side street. Ready for new owners, A must see!! Located close to shops, restaurants, and walking distance to a nice park and lake.

17607 Mackay, Lake Elsinore

$463,500

SW26068596 MLS ⋅ Active Status

New vinyl fencing has been installed!! Affordable Duplex near Lake Elsinore. Each unit has its own yard. Great opportunity to own a clean and kept duplex in the City of Lake Elsinore Dream Extreme. Each unit is a one-bedroom, one-bath layout and enjoys its own private yard, plus plenty of parking. The units are smaller, though clean, functional, and maintained, offering strong rental appeal. Located within walking distance to Lake Elsinore and Perret Park, which backs right up to one part of Lake Elsinores shoreline. Enjoy boating, water skiing, wing foiling, fishing, and lakeside recreation. The nearby airport offers glider rides and skydiving, and the area is home to the California Motorcycle Road Race Association. Outdoor enthusiasts will love the excellent hiking trails and the Elsinore Launch located on the Ortega Highway, where hang gliding is enjoyed. A great opportunity for investors or owner-occupants looking for an affordable property to live in one and rent the other in a growing, adventure-driven community. This property is zoned for commercial, giving this property so many possibilities for someone who has a business. Contact the city of Elsinore to explore all the uses that this unique property could potentially be used for.

17797 Grand A & B, Lake Elsinore

$500,000

3 Beds ⋅ 3 Baths ⋅ IG26074858 MLS ⋅ Active Status

Welcome to this beautifully upgraded home in the highly sought-after gated community of Westlake Village in Lake Elsinore, where comfort, style, and convenience come together. This well-maintained 3-bedroom, 2.5-bath home offers 1,794 sq. ft. of bright, open living space that’s perfect for everyday living and entertaining. Inside, you’ll find an open-concept floor plan filled with natural light. The spacious kitchen flows seamlessly into the dining and living areas, creating an inviting space for family gatherings or hosting friends. Upstairs, the generously sized primary suite serves as a private retreat, complete with an en-suite bathroom and a large walk-in closet. Two additional bedrooms offer flexibility for guests, a home office, or a growing family. Step outside to a low-maintenance backyard featuring a covered patio and finished concrete, perfect for relaxing with your morning coffee, weekend barbecues, or enjoying Southern California evenings. Additional highlights include solar panels for energy efficiency, a SMART home system, indoor laundry, an attached garage, and ample storage throughout. As a resident of Westlake Village, you’ll enjoy resort-style amenities including a pool, spa, park, dog park, and beautifully maintained grounds, all within a secure gated community. Conveniently located near the lake, shopping, dining, scenic trails, and highly rated schools, with easy access to the I-15 Freeway and Ortega Highway for commuters. Situated near the front of the community with beautiful mountain and sunset views, this move-in-ready home truly has it all. Extra Remarks: Buyer was unable to perform after utilizing additional credit prior to closing, resulting in loan qualification issues. Seller had already identified a replacement property and remained fully committed to the transaction. There were no property-related issues, no inspection concerns, and the home appraised at value. Transaction canceled solely due to buyer financing. Please contact the listing agent directly with any questions.

32894 Crown Point, Lake Elsinore

$490,000

2 Beds ⋅ 2 Baths ⋅ SW26074563 MLS ⋅ Active Status

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

16897 Gunnerson, Lake Elsinore

$488,500

3 Beds ⋅ 2 Baths ⋅ RS26073970 MLS ⋅ Active Status

Welcome Home! Discover this charming, beautifully maintained gem located just minutes from the recreational paradise of Lake Elsinore and the popular Glam Campgrounds. Whether you enjoy boating, fishing, or water sports, outdoor adventure is always within easy reach. This inviting 3-bedroom, 2-bathroom home is perfect for families, first-time buyers, or anyone looking for comfort and convenience. Step into a spacious living room featuring a cozy fireplace—ideal for relaxing evenings at home. The kitchen offers a pantry, garden window, and a functional dining area, making everyday living and entertaining effortless. Thoughtfully updated throughout, this home features recent renovations, including a newer roof (installed last year), upgraded bathrooms, newer fencing, and stylish laminated wood flooring for easy maintenance. Enjoy year-round comfort with central heating and air conditioning, a whole house fan, and ceiling fans in all bedrooms. The property also includes a detached 2-car garage with an automatic opener. Take in the gorgeous mountain views and appreciate the convenient location near Ortega Highway, offering an easy commute to Orange County. This is a fantastic opportunity to own a move-in-ready home in a desirable location—don’t miss it!

15510 Rose, Lake Elsinore

$455,000

3 Beds ⋅ 3 Baths ⋅ PW26072639 MLS ⋅ Active Status

VA Approved! Welcome to this desirable end-unit townhouse in Lake Elsinore, ideally located near Canyon Lake and within a popular local school district. Largest floor plan in the community - Offering 3 bedrooms, 2.5 bathrooms, and 1,633 square feet of well-designed living space, this home presents a fantastic opportunity for both first-time buyers and investors. The open-concept floor plan features a cozy fireplace and seamless flow between the living, dining, and kitchen. One of the highlights is the abundance of cabinet space in the kitchen - there's plenty of storage and counter space. All three bedrooms are located upstairs, including a spacious primary suite with an oversized bathroom and ample closet space. A built-in office nook (great space to work from home, study or take up a hobby) and upstairs laundry add convenience and flexibility. Additional highlights include an attached 2-car garage, guest parking, and a private end-unit location within a secure GATED community. This home has a convenient location with easy access to the gate yet still far from the road noise and traffic - there's even a charming play area outside and scenic greenbelts with mature landscaping, adding to the appeal of this home. Residents enjoy access to well-maintained amenities such as a pool and play areas. With close proximity to schools, parks, shopping, and dining, this home offers strong rental appeal and long-term value in a growing area. Available for a fast closing and 1031 exchange buyers may find this a great addition to their portfolio.

30505 Canyon Hills Road Unit 406, Lake Elsinore

$500,000

PW26062773 MLS ⋅ Active Under Contract Status

Unbeatable Commercial Opportunity – Closest Retail Store to Lake Elsinore’s Public Beach! Seize this prime investment—a standalone retail gem featuring an established convenience store business with an active Beer & Wine license in a high-visibility location! Ideally positioned near a bustling main road, this property enjoys constant foot traffic and effortless accessibility. What sets this location apart? It’s the closest retail store to Lake Elsinore’s public beach and the lake’s main launching ramp! Nestled near Old Town Lake Elsinore, it attracts both loyal locals and curious tourists, just a short stroll from Lake Elsinore State Beach! Whether you're launching a thriving new venture or expanding your business empire, this dynamic location delivers unmatched exposure, steady foot traffic, and strong community engagement. Don’t miss out—opportunities like this don’t last!

1006 W Graham Avenue, Lake Elsinore

$495,000

3 Beds ⋅ 3 Baths ⋅ PW26059592 MLS ⋅ Active Status

Beautiful two-story condo offering 1,527 SqFt of comfortable living space, built in 2006. Features 3 bedrooms, 2.5 bathrooms, and an open-concept layout connecting the living, dining, and kitchen areas, perfect for everyday living and entertaining. Enjoy panoramic views of Lake Elsinore and the surrounding mountains, providing a stunning natural backdrop. Located in a desirable Lake Elsinore community, this home offers a great balance of tranquility and convenience with nearby shopping, dining, and recreation.

15435 Park Point Unit 108, Lake Elsinore

$499,900

3 Beds ⋅ 3 Baths ⋅ PW26058035 MLS ⋅ Active Status

** BACK ON THE MARKET** Welcome home to this charming 3-bedroom, 2.5-bath residence nestled in the heart of Lake Elsinore. Offering 1,771 square feet of comfortable living space, this inviting home perfectly blends convenience and cozy living. Step inside to find a bright and welcoming layout designed for both everyday living and easy entertaining. The spacious living areas create a natural flow, while the bedrooms provide a peaceful retreat at the end of the day. Ideally located just minutes from the lake and vibrant downtown, you’ll enjoy easy access to local dining, shopping, and outdoor recreation. Whether you're taking a relaxing stroll by the water or exploring nearby amenities, this location truly has something for everyone. With its warm atmosphere, thoughtful layout, and prime location, this home is the perfect place to create lasting memories. Buyers may qualify for $15K in closing cost assistance and low/no down payment financing due to property location - ask for details

950 Helena Ridge, Lake Elsinore

$499,995

2 Beds ⋅ 2 Baths ⋅ SW26050729 MLS ⋅ Active Status

Private hilltop retreat with fantastic views of the Lake Elsinore Valley, lake views, and the Ortega Mountains. This unique home offers privacy while still being close to town. Fresh interior and exterior paint give the home a clean, updated feel. The owner remodeled the home with custom plastered walls and a stucco exterior, giving it the look of a traditional home. Enjoy the views and cool breezes from the large covered front porch with beautiful archways. The home measures approximately 1,325 sq. ft. (buyer to verify) and sits on a permanent foundation. The living room features a cozy fireplace, and tile flooring runs through the kitchen, dining area, family room, hall, and hall bath. Numerous dual-pane windows and a sliding glass door provide natural light. Outside features a huge detached 2-car garage (approx. 600 sq. ft.), a large workshop (approx. 700 sq. ft.) with roll-up door and 220V, plus ample parking and a large concrete driveway—perfect for RVs, boats, toys, or projects

18515 Penny Trail, Lake Elsinore

$420,000

IV26023151 MLS ⋅ Pending Status

Well maintained Lake Elsinore duplex offering strong income with upside, featuring two 1 bedroom, 1 bathroom units. The upper unit is tenant occupied and stabilized at $1,400 per month and enjoys lake views, while the lower unit is vacant, recently updated with fresh paint, newer appliances, and updated kitchen cabinetry, and can achieve an estimated rent of $1,500 per month. The lower unit also includes a rare 2 car detached garage, adding significant rental appeal. Ideal for investors or owner occupants seeking immediate cash flow in a convenient Lake Elsinore location near shopping, dining, and freeway access. Detached 2 car garage offers potential ADU conversion, buyer to verify zoning, permits, and feasibility with the City of Lake Elsinore. Property also includes a detached storage structure that is part of the property and provides additional usable space.

33384 Adelfa Street, Lake Elsinore

$400,000

SW25262659 MLS ⋅ Active Status

Incredible opportunity for developer or investor. 14.05 acres of flat land situated behind the levee. Must check with city for any project ideas.

off Diamond, Lake Elsinore

$450,000

SW25262646 MLS ⋅ Active Status

Incredible investment for a developer or someone with a vision. Property is located on the backside of the levee. Will need to check with city as to potential. 16.32 acres of flat land.

off Diamond, Lake Elsinore

$500,000

OC25216790 MLS ⋅ Active Status

Gated Community, Beautiful Views, and Flat buildable land with so many options available! This fabulous 2.14 acre corner lot is nestled in the Equestrian Community of Rancho Capistrano, high above Lake Elsinore in one of the most scenic areas available to every outdoorsman and equestrian. This lot is on the corner of Hacienda and S. Main Divide on the lake side with 100-year-old oak trees and the potential for AMAZING VIEWS of the lake, mountains and more! WATER METER ALREADY INSTALLED, and other Utilities are at the street, and the property is already fenced on 2 sides. Plenty of room for your home, equine set up , outbuildings, ADU and more. The community itself is tranquil, cool, very close-knit - hosting community events throughout the year, clubs, horse trails, a clubhouse, tennis courts, kids play areas and more! Rancho Capistrano is 5 Miles inside of Cleveland National Forest with hiking trails along the way, wildlife every day, and FOREVER views to and from the community gates. Close to shopping, schools, I-15 and 30 minutes from San Juan Capistrano, this sweet "Slice of Heaven" is the PERFECT place to build your custom mountain estate!

2 S. Main Divide, Lake Elsinore

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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

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