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29517 Summerly Place, Lake Elsinore, CA 92530

$625K4bd · 3ba · 2,275 sqft
Lot 7,932 sqft•HOA $135/mo•Single Family Residence•
Active
•51d on market•MLS# IG-26185050

Property Description

***Seller to offer $10,000 buyer credit on a full price offer*** Assumable VA loan at 2.75%*** Welcome to 29517 Summerly Place, a spacious and beautifully updated home located in the highly desirable Summerly community. Offering approximately 2,275 square feet, this home features 4 bedrooms and 3 bathrooms, including a convenient downstairs bedroom and full bath, perfect for guests, extended family, or a home office. Step inside to a bright, open floor plan featuring brand-new carpet throughout the main living areas and luxury vinyl plank flooring in the kitchen and bathrooms. The spacious kitchen is designed for both everyday living and entertaining, complete with granite countertops, upgraded espresso cabinetry, stainless steel appliances, and a large center island that opens directly to the family room. Upstairs, you’ll find a versatile loft, additional bedrooms, and plenty of space for the whole family. Outside, the large backyard is finished with low-maintenance artificial turf, creating a great space for entertaining, kids, pets, or simply relaxing. One of the home’s standout features is its location—directly across from one of Summerly’s three community parks, giving you easy access to outdoor recreation right outside your front door. Additional features include leased solar and access to all that the Summerly community has to offer. With its spacious layout, upgraded finishes, fresh carpet, and prime location, 29517 Summerly Place is move-in ready and waiting for its next owner.

Features & Amenities

FeeBuilt 2021

Property Details

Land Type
Fee
Year Built
2021
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 byUnknown Office, Chris Caldwell

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,160.34
Principal & Interest
Loan Amount
$500,000
Total Interest
$637,722
Total Payment Over 30 Years
$1,137,722
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

Residential Tier · 5 active · 5 closed

29517 Summerly Place, Lake Elsinore, CA 92530

Lake Elsinore · Single Family Residence

$625K
Residential Tier
Beds
4
Baths
3
Sqft
2,275
Lot
7,932 sqft
Year
2021
$/Sqft
$275
Pool: Yes✓
View: mountain✓
Garage: 2-car✓

Listed in line with the median closed sale of $632,455. Closed comps sold at 102% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $625K· $275/sqft
Total list price
Closed comps
vs closed median $632K
−$7K (−1.2%)
Active comps
vs active median $670K
−$45K (−6.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $314
−$39 (−12.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
4646 FlorenceLake Elsinore2024431,9766,534$339$669,9001593
300 Date StreetLake Elsinore2003432,0906,098$268$559,9006889
29331 Wild LilacLake Elsinore2018332,1125,662$296$625,00011588
4793 SicilyLake Elsinore2024422,0275,227$333$674,9992288
29144 Oak GroveLake Elsinore2023322,0097,427$336$675,0009788
Total: 5 · Average3.62.62,042.86,189.6$314.4$640,959.863.4
Median2,027$669,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
29233 WindflowerLake Elsinore202109/24/2026432,3146,098$628,888$645,000$2791.034296
29342 Sword FernLake Elsinore201810/05/2026332,1128,276$650,000$650,000$3081.003393
32650 San NicholasLake Elsinore200609/28/2026432,2289,148$590,000$592,000$2661.006893
29268 Point Shore DriveLake Elsinore200809/23/2026432,31111,761$599,000$615,000$2661.037188
4141 Lovitt CirLake Elsinore201309/24/2026322,0649,148$615,000$632,455$3061.038587
Total: 5 · Average3.62.82,205.88,886.2$626,891$626,891$285—59.8
Median2,228$632,455$632,455

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.