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Sold for $859,000
  • Listed by: Real Broker • Letty Krawcion • Contact: 760-791-1005
    Bought with: eXp Realty of California, Inc.
    $859,000

    29307 Saltbush, Lake Elsinore, CA 92530

    6beds
    3,605sqft
    Single Family Residence
    Built in 2018
    7,841 Square Feet Lot
    $861,500 Zestimate®
    $238/sqft
    $5,118 Estimated rent

    Home value

    $861,500

    $818,000 - $905,000

    $5,118/mo

    Zestimate® history
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    What's special

    Luxury Summerly Estate with Dual-Suite Income & Versatile Flex Spaces Experience the perfect fusion of high-end living and sophisticated financial design. Welcome to 29307 Saltbush, a remarkable residence masterfully crafted to offer both a resort-style lifestyle and a proven, multi-stream income model. Located in the highly coveted Summerly community of Lake Elsinore, this home is designed for the modern homeowner who values flexibility, privacy, and smart homeownership. PROVEN DUAL-INCOME POTENTIAL This property offers a rare "house-hacking" opportunity or a perfect multi-generational setup. The main level features two highly optimized suites: Two Private Guest Suites: Both downstairs bedrooms currently operate as successful, city-permitted Airbnbs. Each suite features its own private exterior entrance and its own dedicated en-suite bathroom, ensuring complete privacy for both the owner and the guests. Consistent Revenue: These units boast a verified track record of high occupancy, providing a substantial monthly income stream that significantly offsets the cost of ownership. The In-Law Luxury: One of these suites is a true "Home-Within-A-Home," featuring its own dedicated washer/dryer—ideal for long-term guests or extended family. THE FLEX-SPACE ADVANTAGE Unique to this floor plan is a dedicated bonus area featuring an additional kitchenette. Without a bathroom attached, this space serves as a premier "Flex Zone" that can be tailored to your specific lifestyle: Maid’s Quarters or Butler’s Pantry: Perfect for high-end hospitality or live-in assistance. The Ultimate "Social Hub": Convert this into a high-end Game Room, Man Cave, or "She-Shed" right off the main living areas. Creative Studio: An ideal, sun-drenched space for an at-home office, hobby room, or art studio with built-in refreshment capabilities. RESORT-STYLE LIVING & ENTERTAINMENT While the rental units provide the financial edge, the rest of the home is pure sanctuary: Upper Level Retreat: Upstairs, the home opens into a massive, welcoming loft—perfect for a home theater or secondary family lounge, flanked by generously sized bedrooms. Outdoor Oasis: Step into a backyard designed for the ultimate entertainer. Dive into the sparkling pool, host at the custom BBQ island/outdoor kitchen, or gather around the gas fire pit for cozy California evenings. Low-Maintenance Luxury: Professional-grade artificial turf keeps your surroundings lush and green year-round with zero upkeep, allowing you more time to enjoy the Summerly lifestyle. LOCATION & LIFESTYLE Nestled in the heart of Summerly, you are just moments away from world-class golf, the Lake Elsinore Diamond Stadium, and scenic hiking trails. Whether you are looking for a savvy investment with a track record of success or a luxury residence that offers space for every hobby and guest, 29307 Saltbush is a one-of-a-kind asset. PAID SOLAR!!!! Summerly residents enjoy resort-style amenities including pools, splash zone, clubhouse, parks, basketball courts, and community events. Conveniently located near Diamond Stadium (A Class-A affiliate of the San Diego Padres, Temecula wineries, shopping, dining, and easy access to 15 Freeway Don’t just buy a home—own a lifestyle that produces results. Schedule your private tour today to experience the potential of this incredible Summerly estate. "Buyer to independently verify all information, including but not limited to: permits, bed/bath counts, square footage, and all special assessments or Mello-Roos obligations. Information is deemed reliable but not guaranteed."

    Zillow last checked:

    Listing updated:

    Listed by:

    Letty Krawcion DRE #02174792 yourrealtorletty@gmail.com,

    Real Broker

    Bought with:

    Isy Ota-Oro, DRE #02259200

    eXp Realty of California, Inc.

    Source: CRMLS,MLS#: PTP2603285MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    • Main level bathrooms: 3
    • Main level bedrooms: 3
    Rooms
    • Room types: Bedroom, Entry/Foyer, Family Room, Guest Quarters, Kitchen, Laundry, Loft, Living Room, Primary Bathroom, Primary Bedroom, Pantry, Dining Room
    Bedroom
    • Features: Bedroom on Main Level
    Bathroom
    • Features: Bathtub
    Kitchen
    • Features: Kitchen Island, Kitchen/Family Room Combo, Kitchenette, Walk-In Pantry
    Pantry
    • Features: Walk-In Pantry
    Heating
    • Central
    Cooling
    • Central Air, Dual
    Appliances
    • Included: Dishwasher, Gas Cooking, Disposal, Gas Oven, Microwave, Tankless Water Heater, Water To Refrigerator, Water Heater
    • Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Inside, See Remarks, Upper Level
    Features
    • Balcony, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Open Floorplan, Recessed Lighting, Bedroom on Main Level, Loft, Walk-In Pantry
    • Windows: Shutters
    • Has fireplace: Yes
    • Fireplace features: Outside
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 3,605 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Driveway, Garage
    • Attached garage spaces: 2
    • Uncovered spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: front
    • Patio & porch: Covered, Balcony
    • Exterior features: Balcony, Barbecue, Fire Pit
    • Has private pool: Yes
    • Pool features: Heated, In Ground, Association
    • Has spa: Yes
    • Spa features: Heated, In Ground, Private
    • Fencing: Privacy
    • Has view: Yes
    • View description: Mountain(s), Neighborhood
    • Park: Sunshine, Sunset, Spirit & Summerly Community Park
    Lot
    • Size: 7,841 Square Feet
    • Features: Back Yard, Front Yard, Sprinklers In Rear, Landscaped, Near Park
    Details
    • Parcel number: 371371009
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Year built: 2018

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Electricity Connected

    Community & HOA

    Community
    • Features: Curbs, Gutter(s), Storm Drain(s), Sidewalks, Park
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fire Pit, Lake or Pond, Management, Meeting/Banquet/Party Room, Outdoor Cooking Area, Other Courts, Barbecue, Picnic Area, Playground, Park, Pool, Pets Allowed, Spa/Hot Tub
    • HOA fee: $130 monthly
    • HOA name: Summerly
    • HOA phone: 800-428-5588
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $238/sqft
    • Tax assessed value: $744,599
    • Annual tax amount: $12,787
    • Date on market: 5/1/2026
    • Cumulative days on market: 13 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Inclusions: Stove, microwave, refrigerator
    • Exclusions: washers/dryers, electric fireplace in main living room, portable outdoor heaters. Mostly everything is for sale/negotiable

    Price history

    DateEventPrice
    6/17/2026Sold$859,000-0.1%$238/sqft
    Source: CRMLS #PTP2603285 Report a problem
    5/15/2026Contingent$859,999$239/sqft
    Source: CRMLS #PTP2603285 Report a problem
    5/1/2026Listed for sale$859,999+17.8%$239/sqft
    Source: CRMLS #PTP2603285 Report a problem
    11/2/2023Sold$730,000$202/sqft
    Source: CRMLS #IG23189485 Report a problem
    10/13/2023Pending sale$730,000$202/sqft
    Source: CRMLS #IG23189485 Report a problem
    10/11/2023Listed for sale$730,000+44%$202/sqft
    Source: CRMLS #IG23189485 Report a problem
    10/5/2017Sold$507,000$141/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,787 +3.7%$744,599 +2%
    2024$12,334 +13.4%$730,000 +23.1%
    2023$10,873 +2%$593,039 +2%
    2022$10,661 +1.4%$581,411 +2%
    2021$10,514 +5.4%$570,012 +8.2%
    2020$9,979 $527,043 +2%
    2019-- $516,709 +2%
    2018$9,594 +146.5%$506,578 +8230.5%
    2017$3,891 $6,081 +2%
    2016$3,891 $5,962
    Find assessor info on the county website

    Neighborhood: 92530

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Middle: David A Brown
    • High: Elsinore

    Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $861,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $861,500