Homes for sale under $500,000 in Lake Elsinore

 

Looking for an affordable home in Lake Elsinore? Browse the latest homes for sale priced under 500,000. New listings and price changes are updated regularly, so check back often to see what's available.

Homes for sale under $500,000 in Lake Elsinore

$499,000
3 Beds ⋅ 2 Baths ⋅ PTP2606441 MLS ⋅ Coming Soon Status
Lakefront living with modern farmhouse charm! Welcome to this beautifully updated single-story home offering the perfect blend of comfort, style, and serene lakeside living. Featuring 3 bedrooms and 2 bathrooms, this light-filled home showcases an inviting open-concept floor plan with updated flooring and recessed lighting throughout. The stylish kitchen features crisp cabinetry, sleek hard-surface countertops, a farmhouse sink, and modern appliances, creating a beautiful space for everyday living and entertaining. The spacious living area is highlighted by a cozy fireplace and opens to the outdoors, where you can enjoy peaceful lake views from the expansive deck and generous concrete patio. The primary suite offers a private retreat with direct access to the side patio. The spacious rear yard provides plenty of room to relax, entertain, or create your own outdoor oasis. Additional features include an attached 2-car garage with direct home access and a desirable location offering easy access to lake activities, fishing, hiking, biking, and nearby amenities. A wonderful opportunity to enjoy the relaxed lifestyle of Lake Elsinore with beautiful waterfront surroundings right at home!

33208 Gillette Street, Lake Elsinore
$449,900
2 Beds ⋅ 2 Baths ⋅ SW26149323 MLS ⋅ Active Status
Welcome to a home that feels easy to settle into from the moment you arrive. Just a short walk from Lake Elsinore, this charming two-story property offers the added perk of private access to the lake, making morning strolls, sunset views, and weekend outings feel wonderfully close. Inside, you’ll find a thoughtful layout with 2 bedrooms and 2 bathrooms, a beautiful kitchen, and tile flooring throughout the main living areas. The bedrooms feature gorgeous, upgraded flooring and offer generous space for comfort and relaxation. The living room brings warmth with its cozy fireplace and built-in speakers, creating a perfect setting for movie nights or quiet evenings at home. One of the standout features is the second floor den above the garage, finished with vinyl flooring and offering a spacious, flexible area ideal for a home office, studio, game room, or creative retreat. A welcoming home with character, comfort, and the added joy of being so close to the lake.

32989 Pepper Drive, Lake Elsinore
$499,000
3 Beds ⋅ 1 Baths ⋅ SW26171222 MLS ⋅ Active Status
Welcome home to this adorable, beautifully renovated property offering the perfect blend of charm, comfort and modern style. Ideally located near Lake Elsinore and surrounded by beautiful mountain views, this home is a wonderful opportunity! This spacious lot consists of two APN#'s, 382-033-020 and 382-033-021 totaling approximately 7840 SF. This home has been completely refreshed with new windows, new flooring, fresh interior & exterior paint, new appliances, new fixtures and completely remodeled kitchen and bathroom. Outside, you'll find a large, fenced lot offering plenty of room to enjoy and relax. A one car garage plus a convenient carport provide ample parking and storage. Cute, comfortable and completely updated, this home is truly move-in ready and waiting for it's new owner!

33189 Schaper Street, Lake Elsinore
$475,000
2 Beds ⋅ 2 Baths ⋅ SW26170847 MLS ⋅ Active Status
Upgraded! No HOA! Low tax rate! This beautiful 2 bedroom, 2 bathroom home boasts many upgrades that consider it turnkey. Perfect first home or investment property. Upgrades include new flooring. An oversized detached garage is perfect for your own workshop. The oversized lot offers opportunities for an ADU or RV storage. Home is located in Lakeland Village and just minutes from Lake Elsinore. Come take a look! You will fall in love! Professional photos coming soon.

33233 Wride, Lake Elsinore
$499,000
3 Beds ⋅ 2 Baths ⋅ SW26167928 MLS ⋅ Active 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
$430,000
3 Beds ⋅ 2 Baths ⋅ DW26157668 MLS ⋅ Active Status
Welcome to this centrally located single-story home in the heart of Lake Elsinore! Built in 2004, this 3-bedroom, 2-bath residence offers approximately 1,472 square feet of comfortable living space on a 6,534 square foot lot. The functional floor plan features a spacious living area with a cozy fireplace, central heating and air conditioning, and an attached two-car garage for added convenience. Whether you're a first-time buyer, growing family, or investor, this home offers endless potential to make it your own. Conveniently located near shopping, dining, schools, parks, and with easy access to major commuter routes, you'll enjoy both comfort and convenience. Don't miss this opportunity to own a wonderful home in a desirable Lake Elsinore neighborhood!

18246 Brightman, Lake Elsinore
$459,900
3 Beds ⋅ 2 Baths ⋅ SR26156315 MLS ⋅ Active Status
Welcome home to this beautifully updated 3-bedroom, 2-bath home. Featuring a convenient full bedroom and bathroom on the main level, this home is perfect for guests, multi-generational living, or a home office. Enjoy the bright and inviting floor plan with modern updates throughout. Step outside to a spacious covered patio, ideal for entertaining or relaxing year-round. The low-maintenance front and backyard make outdoor living easy while minimizing upkeep. Conveniently located and ready for its new owners, this is a home you won't want to miss!

835 Quail, Lake Elsinore
$474,999
3 Beds ⋅ 1 Baths ⋅ IV26151746 MLS ⋅ Active Status
Nestled in the scenic community of Lake Elsinore just blocks from the lake and surrounding picturesque mountains. Perfect blend of modern upgrades, you’ll find a stunning new kitchen featuring a quartz countertops, upgraded appliances, and abundant cabinetry—perfect for a warming and comfort feeling you can call home. New flooring throughout and custom new bathroom adds durability and a clean, modern aesthetic, this three bedrooms one bath home with ample outdoor living, and endless potential. Conveniently located near the lake, shopping, dining, and commuter routes. Low taxes and no HOA!

33051 Adelfa, Lake Elsinore
$489,000
3 Beds ⋅ 1 Baths ⋅ RS26150393 MLS ⋅ Active Status
Beautiful 3 bedrooms, 1 bath Home in Lake Elsinore. Great opportunity for the first time home buyer looking for a house that can be made into a home. This single story home offers an open floor plan. Close proximity to lake, schools, and freeways! Come see what Lake Elsinore has to offer!

961 Park, Lake Elsinore
$475,000
2 Beds ⋅ 1 Baths ⋅ P1-27916 MLS ⋅ Active Status
The charming lake house. Located in vista del lago Community, New Roof , update Cooper plumbing, New partial electrical and panel, New Paint throughout, renovated bathroom and kitchen area new lighting fixtures. A short walking distance from the Lake. NO HOA! Private key available for purchase not for public use. Delivered vacant!

32961 Urban Avenue, Lake Elsinore
$410,000
3 Beds ⋅ 2 Baths ⋅ RS26148188 MLS ⋅ Active Status
!!!ENJOY THE LAKE LIFESTYLE!!! THESE 3 BEDROOMS, 2 BATH HOME IS JUST A 10 MINUTE WALK TO LAUNCH POINTE RECREATION AREA, WHERE YOU CAN ENJOY THE LAKE, BOATING, JET SKING, FISHING, CAMPING, AND OUTDOOR FUN. IT'S ALSO WITHIN WALKING DISTANCE OF THE LOCAL HIGH SCHOOL AND OFFERS QUICK ACCESS TO HIGHWAY 74 (ORTEGA HIGHWAY), MAKING ORANGE COUNTY ABOUT AN HOUR. BACK YARD IS FULLY CONCRETE OFFERS A LOW MAINTENANCE OUTDOOR SPACE READY FOR BBQs, GATHERINGS, AND RELAXING EVENINGS. NO HOA NOT HAVING ADDITIONAL MONTHLY FEES. THIS PROPERTY IS ALL ABOUT LOCATION, CONVENIENCE AND LIFESTYLE.

1105 Monroe, Lake Elsinore
$475,000
3 Beds ⋅ 2 Baths ⋅ MB26147495 MLS ⋅ Active Status
Welcome to this charming house 3-bedrooms, 1.75 bath. Single- story home offering approximately 1,200sq. ft. of living space spacious 7,405 sq. ft. lot. Featuring a cozy fireplace, attached 2- car garage, and a functional floor plan. this house is ready for its next owner this home has a lot of potential

15228 Laguna, 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.