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18978 Janisse, Lake Elsinore, CA 92530

$415K3bd · 2ba · 1,416 sqft
Lot 7,405 sqft•Single Family Residence•
Active
•6d on market•MLS# SW-26219158

Property Description

Great Value in Lake Elsinore! Situated on a desirable corner lot with beautiful mountain views, this 3-bedroom, 2-bathroom home offers 1,416 square feet of living space and plenty of potential! The home features a spacious living room with a cozy fireplace, an attached garage, and a large desert-landscaped front patio that's perfect for relaxing and taking in the scenic mountain views. Recent improvements include a new roof, copper plumbing, and furnace, adding even more value to this property! Offering an excellent opportunity for buyers looking to add their personal touches or investors seeking their next project, this home is attractively priced to reflect its current condition. Conveniently located near shopping, dining, schools, and freeway access. With its desirable location, recent improvements, and attractive price point, this is an opportunity you won't want to miss!

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Fireplace(s), Forced Air
Cooling
Central Air
View
Mountain(s)
Flooring
Carpet, Tile
Roof
Shingle
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byUnknown Office, Zachary Kauffman

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,098.47
Principal & Interest
Loan Amount
$332,000
Total Interest
$423,448
Total Payment Over 30 Years
$755,448
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

18978 Janisse, Lake Elsinore, CA 92530

Lake Elsinore · Single Family Residence

$415K
Affordable Tier
Beds
3
Baths
2
Sqft
1,416
Lot
7,405 sqft
Year
1989
$/Sqft
$293
Pool: No✓
View: mountain✓
Garage: 2-car✓

Listed 23.9% below the median closed sale of $545,000. Price per sqft ($293) is a 22% discount to closed comps ($377). Closed comps sold at 100% of list — strong seller's market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $415K· $293/sqft
Total list price
Closed comps
vs closed median $545K
−$130K (−23.9%)
Active comps
vs active median $585K
−$170K (−29.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $417
−$124 (−29.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
32465 Cape DriveLake Elsinore1989321,3116,098$534$700,000996
33050 SangstonLake Elsinore1987321,4728,712$397$585,000995
162 MassachusettsLake Elsinore1989321,2106,970$454$549,9003994
32730 Royal OakLake Elsinore1993321,5006,534$390$585,0004192
33399 Blackwell BoulevardLake Elsinore1985331,2893,920$310$399,999389
Total: 5 · Average3.02.21,356.46,446.8$417$563,979.820.2
Median1,311$585,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3484 Cherry Blossom LaneLake Elsinore198710/06/2026321,1776,098$570,000$555,000$4720.978493
29484 MarinersLake Elsinore199509/10/2026321,36210,454$530,000$545,000$4001.039391
29317 BreakwaterLake Elsinore199510/05/2026321,5977,841$589,900$590,000$3691.003390
209 SouthshoreLake Elsinore198110/08/2026421,49510,890$500,000$525,000$3511.053489
16806 Pierce AvenueLake Elsinore198609/03/2026311,3046,534$395,000$384,000$2940.973188
Total: 5 · Average3.21.81,3878,363.4$519,800$519,800$377.2—55
Median1,362$545,000$545,000

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.