873 Ancona Lane, Lake Elsinore, CA 92530
873 Ancona Lane, Lake Elsinore, CA 92530
Property Description
An amazing home with a 5.625% assumable FHA mortgage! Qualified buyers may take over the seller’s existing loan, subject to mortgage servicer approval—see details below. TURN-KEY MODERN GEM IN LAKE ELSINORE! DON’T MISS THIS ONE! Welcome home to 873 Ancona Lane, a beautiful modern retreat offering the perfect combination of move-in-ready living, incredible outdoor space, and scenic views. This gorgeous 4-bedroom, 3-bathroom home features a spacious bonus TV room, 2-car garage, and a bright open-concept layout designed for both everyday living and entertaining. The main living space flows effortlessly into a modern kitchen with sleek cabinetry, stainless steel appliances, a large center island, and plenty of room to gather. Upstairs, enjoy a spacious primary retreat along with additional bedrooms and flexible living space for family, guests, or a home office. Step outside and discover what truly sets this home apart! The oversized backyard has been upgraded with brand-new DG landscaping, a stock-tank-style pool, and a beautiful fire pit, with tons of additional space to create the ultimate indoor-outdoor Southern California retreat. From the second story, enjoy beautiful open views of the neighboring park and surrounding mountains, creating a backdrop neighboring homes simply don’t have. With the park just moments away, welcoming neighborhood streets, incredible outdoor potential, and a completely turnkey interior, 873 Ancona Lane is ready to impress. Schedule your tour today before it’s gone! ***FHA ASSUMPTION OPPORTUNITY: Seller reports that the existing FHA mortgage is assumable with a 5.625% note interest rate, potentially allowing an approved buyer to take over the remaining loan balance and repayment term. The stated rate is the existing loan’s note rate, not an APR or an offer of new financing. Assumption is subject to mortgage servicer approval, buyer qualification, and applicable requirements. Buyer must cover the difference between the purchase price and the outstanding loan balance through cash or separately approved financing, if available. Closing costs and assumption fees may apply. Taxes, insurance, and other applicable housing expenses may change. Assumption is not guaranteed; all terms must be verified with the mortgage servicer.***
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Lake Elsinore · Single Family Residence
Listed in line with the median closed sale of $625,000. Expect a longer timeline — comps averaged 156 days on market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 4584 Avellino Place | Lake Elsinore | 2026 | 4 | 3 | 2,389 | 6,381 | $270 | $644,990 | 90 | 94 |
| 884 Porta Marina Lane | Lake Elsinore | 2025 | 3 | 3 | 2,218 | 8,295 | $293 | $649,990 | 150 | 93 |
| 5542 Catania Lane | Lake Elsinore | 2026 | 4 | 3 | 2,389 | 5,542 | $272 | $648,990 | 24 | 93 |
| 4895 Sicily Drive | Lake Elsinore | 2026 | 3 | 3 | 2,218 | 5,002 | $285 | $632,595 | 66 | 93 |
| 4518 Avellino Place | Lake Elsinore | 2026 | 4 | 3 | 2,139 | 9,693 | $281 | $599,990 | 50 | 92 |
| Total: 5 · Average | 3.6 | 3.0 | 2,270.6 | 6,982.6 | $280.2 | $635,311 | 76 | |||
| Median | 2,218 | $644,990 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4740 Sicily Drive | Lake Elsinore | 2025 | 08/07/2026 | 4 | 3 | 2,139 | 7,544 | $645,840 | $612,000 | $286 | 0.95 | 101 | 96 |
| 4671 Swan Avenue | Lake Elsinore | 2025 | 05/27/2026 | 4 | 3 | 2,517 | 6,371 | $639,990 | $625,000 | $248 | 0.98 | 328 | 93 |
| 907 Porta Marina Lane | Lake Elsinore | 2025 | 05/27/2026 | 4 | 3 | 2,453 | 5,702 | $678,990 | $665,990 | $272 | 0.98 | 247 | 93 |
| 4499 Avellino Place | Lake Elsinore | 2025 | 10/16/2026 | 3 | 3 | 1,976 | 6,802 | $599,990 | $599,990 | $304 | 1.00 | 72 | 93 |
| 4674 Terracina Lane | Lake Elsinore | 2026 | 10/16/2026 | 5 | 3 | 2,517 | 7,491 | $659,990 | $628,990 | $250 | 0.95 | 34 | 92 |
| Total: 5 · Average | 4.0 | 3.0 | 2,320.4 | 6,782 | $626,394 | $626,394 | $272 | — | 156.4 | ||||
| Median | 2,453 | $625,000 | $625,000 | ||||||||||
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.