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53203 Iceberg Street, Lake Elsinore, CA 92532

$649K5bd · 3ba · 3,081 sqft
Lot 7,405 sqft•HOA $78/mo•Single Family Residence•
Active
•20d on market•MLS# 8N-2609518

Property Description

Elevated above neighboring homes on a 7,405-square-foot corner lot, this thoughtfully updated five-bedroom, three-bath residence offers 3,081 square feet of flexible living, mountain views from multiple rooms, enhanced privacy, and fully owned solar. Fresh interior and exterior paint create a clean, move-in-ready presentation from the moment you arrive. Inside, separate living and dining spaces provide room to gather, entertain, and spread out. The upgraded kitchen features quartz countertops, a tile backsplash, abundant cabinetry, stainless steel appliances, a farmhouse-style sink, and a spacious island and bar that connect naturally with the adjoining family room. A full-size downstairs bedroom and adjacent full bathroom provide valuable flexibility for guests, extended stays, a private office, or everyday living. The downstairs laundry room adds convenience and keeps daily routines organized. Upstairs, an expansive loft/bonus room offers even more adaptable space for work, media, recreation, or relaxation. The oversized primary suite is a true retreat, with abundant natural light, mountain views, and an exceptionally large walk-in closet. Generously sized secondary bedrooms complete a floor plan designed to accommodate changing needs. The elevated setting creates additional separation from the lower, offset rear neighbors, while fenced yards enhance privacy. Outdoor features include a covered patio, generous concrete entertaining areas, low-maintenance landscaping, front-yard turf, and custom concrete steps and walkway. An oversized 557-square-foot two-car garage provides additional room for storage, equipment, or projects. Fully owned solar and a whole-house fan further support comfortable, efficient living. Located near the expansive Rosetta Canyon Sports Park, with convenient access to SR-74, I-15, shopping, dining, and Lake Elsinore recreation, this home offers an uncommon combination of space, flexibility, views, privacy, and everyday convenience.

Features & Amenities

FeeBuilt 2006

Property Details

Land Type
Fee
Year Built
2006
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2.5
Garage Spaces
2.5
Cooling
Central Air
View
Mountain(s)
City
Lake Elsinore
Zip Code
92532
County
Riverside
Listed byCompass, Wesley S Raye

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,281.70
Principal & Interest
Loan Amount
$519,200
Total Interest
$662,211
Total Payment Over 30 Years
$1,181,411
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

Luxury Tier · 5 active · 5 closed

53203 Iceberg Street, Lake Elsinore, CA 92532

Lake Elsinore · Single Family Residence

$649K
Luxury Tier
Beds
5
Baths
3
Sqft
3,081
Lot
7,405 sqft
Year
2006
$/Sqft
$211
Pool: No✓
Spa: No✓
View: mountain✓
Garage: 2-car✓

Listed in line with the median closed sale of $635,000. Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $649K· $211/sqft
Total list price
Closed comps
vs closed median $635K
+$14K (+2.2%)
Active comps
vs active median $600K
+$49K (+8.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $241
−$30 (−12.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
53217 FlutterbyeLake Elsinore2006432,8675,663$209$599,9003082
45033 Starina StLake Elsinore2022422,2057,405$288$635,000582
45016 Bronze Star RoadLake Elsinore2005432,6355,663$220$580,0002381
52988 AstridLake Elsinore2007432,7107,405$225$609,9007280
41303 Wizard CourtLake Elsinore2023422,2050$261$575,0001577
Total: 5 · Average4.02.62,524.46,534$240.6$599,96029
Median2,635$599,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
52979 Astrid WayLake Elsinore200708/17/2026432,7107,405$635,000$635,000$2341.0014790
53235 BrabantLake Elsinore201410/09/2026432,9986,098$635,000$645,000$2151.0212782
53085 Memorial StreetLake Elsinore200712/17/2025533,2427,841$615,000$617,000$1901.0011882
53023 Cressida StreetLake Elsinore200707/22/2026533,4908,276$685,000$685,000$1961.006279
53219 Savannah CourtLake Elsinore200711/24/2025532,6135,227$570,000$580,000$2221.027979
Total: 5 · Average4.63.03,010.66,969.4$632,400$632,400$211.4—106.6
Median2,998$635,000$635,000

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.