29126 Red Alder, Lake Elsinore, CA 92530
29126 Red Alder, Lake Elsinore, CA 92530
Property Description
NEW PRICE—NOW OFFERED AT $550,000! Welcome to the Summerly community, and this move-in-ready home built in 2020 features 3 bedrooms, 2.5 bathrooms, and approximately 1,688 square feet of comfortable living space. The bright, open-concept floor plan connects the living and dining areas with a spacious kitchen featuring granite countertops, a stainless-steel refrigerator, a range, a washer and dryer, a microwave, and a dishwasher—all included in the sale; a large center island with a breakfast bar; and a walk-in pantry—making it ideal for cooking, entertaining, and everyday living. Upstairs, the primary suite offers two walk-in closets and a private bathroom with dual sinks and a walk-in shower with bench seating. Two additional bedrooms, a full bathroom, and convenient indoor laundry complete the second floor. Additional features include central air and heat, a tankless water heater, smart-home features, a 32-amp EV charger, an attached two-car garage with driveway parking, and a low-maintenance vinyl-fenced backyard. The solar financing agreement is to be assumed by the buyer, subject to the solar provider’s approval and transfer requirements. Some photos have been virtually staged to help illustrate the home’s potential. Enjoy Summerly’s resort-style amenities, including a community pool and spa, barbecue and picnic areas, fire pits, playgrounds, parking, and neighborhood parks. Conveniently located near shopping, dining, schools, recreation, and freeway access. Come see everything this beautiful Summerly home has to offer
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Lake Elsinore · Single Family Residence
Listed 6.8% above the median closed sale of $515,000.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 31023 Sedona | Lake Elsinore | 2019 | 3 | 2 | 1,503 | 3,920 | $332 | $499,000 | 71 | 79 |
| 760 Park Way | Lake Elsinore | 2021 | 3 | 3 | 1,615 | 6,098 | $402 | $649,900 | 27 | 77 |
| 32024 Merano | Lake Elsinore | 2019 | 3 | 2 | 1,503 | 4,356 | $333 | $499,999 | 120 | 76 |
| 45141 Kingbird Lane | Lake Elsinore | 2024 | 3 | 2 | 1,548 | 5,302 | $371 | $575,000 | 19 | 75 |
| 32730 Royal Oak | Lake Elsinore | 1993 | 3 | 2 | 1,500 | 6,534 | $390 | $585,000 | 40 | 74 |
| Total: 5 · Average | 3.0 | 2.2 | 1,533.8 | 5,242 | $365.6 | $561,779.8 | 55.4 | |||
| Median | 1,503 | $575,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 29133 Gardenia | Lake Elsinore | 2021 | 10/02/2026 | 4 | 3 | 1,850 | 3,920 | $595,000 | $565,000 | $305 | 0.95 | 90 | 79 |
| 29306 Linden Place | Lake Elsinore | 2018 | 09/28/2026 | 3 | 2 | 1,387 | 3,920 | $515,000 | $500,000 | $360 | 0.97 | 51 | 78 |
| 32574 Wildflower | Lake Elsinore | 2005 | 10/02/2026 | 3 | 3 | 1,911 | 4,356 | $515,000 | $515,000 | $269 | 1.00 | 84 | 78 |
| 29480 Major League | Lake Elsinore | 2015 | 09/28/2026 | 3 | 2 | 1,868 | 4,792 | $550,000 | $555,000 | $297 | 1.01 | 102 | 76 |
| 321 Avenue 12 | Lake Elsinore | 1993 | 09/11/2026 | 3 | 3 | 1,705 | 5,227 | $470,000 | $470,000 | $276 | 1.00 | 71 | 75 |
| Total: 5 · Average | 3.2 | 2.6 | 1,744.2 | 4,443 | $521,000 | $521,000 | $301.4 | — | 79.6 | ||||
| Median | 1,850 | $515,000 | $515,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.