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$1,549,950

Beds
4
Baths
3.5
sq ft
4,750

17370 Rodeo Rd, Lake Elsinore, CA 92530

17370 Rodeo Rd

Lake Elsinore, CA 92530

  • 147 days on market
    • Price drop $48,930↓
Welcome to 17370 Rodeo Road, a stunning ranch estate home nestled in the exclusive gated equestrian community of Rancho Capistrano near Rancho Mission Viejo. This brand-new luxury residence spans approximately 4750 sqft, plus a 650 sqft attached garage, and is set on a sprawling 2.3-acre lot. The open floor plan includes a separate dining room, family room, and great room with a modern fireplace and a vast wet bar, perfect for entertaining. The gourmet kitchen is a chef's dream, featuring granite countertops, open shelves, a commercial-grade Bertazzoni dual fuel stove, a large double farm sink, a custom island with a built-in microwave oven/convection oven and warming drawer, ample storage, and a walk-in pantry. The luxurious master suite boasts a gas fireplace, French doors with vineyard views, two large walk-in closets, and an elegant bathroom with double sinks, a jacuzzi tub, and a spacious walk-in shower. Three additional oversized bedrooms and three bathrooms provide ample space for family and guests. The expansive outdoor space offers endless possibilities, from building your dream equestrian facilities to creating organic gardens. Enjoy community and mountain horse trails, hiking, biking, and other outdoor adventures right at your doorstep. The location is ideal for equestrian enthusiasts, being strategically situated between two top AA-rated equestrian horse show grounds. Modern conveniences include super high-speed internet, wireless connectivity throughout, and smart home features, making working from home seamless. Additionally, the property includes a grandfathered-in, updated 975 sqft detached ADU with 2 bedrooms and 1 bathroom, perfect for rental income or accommodating guests or a caretaker. Rancho Capistrano is a serene and secure community, offering the best of equestrian and outdoor lifestyles amidst breathtaking scenery. Close proximity to gorgeous beaches and Lake Elsinore provides opportunities for water sports and fishing. Embrace the enviable ranch life you’ve always dreamed of at 17370 Rodeo Road. With its modern amenities, luxurious living spaces, and prime location, this home is a rare find in Southern California. Don’t miss the opportunity to tour your future home while it’s still available!

Details

Property type

Single Family Residence

Est. home value

$1,483,010

Lot size

2.31 acres

Price per sq ft

$327

Year built

2018

Monthly HOA fee

$100

Price History

09/27/2024
CRMLS

CRMLS #SW24121637

Price change
$1,549,950
-3.06%
06/14/2024
CRMLS

CRMLS #SW24121637

Listed
$1,598,880
+218.57%
06/09/2016
CRMLS

CRMLS #IV16034462

Sold
$501,899

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Lake Elsinore Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,097,672
Asking price
$1,549,950
Closing costs (~8% of asking)
-$123,996
Est. remaining loan balance
-$328,282
Cash to seller
$1,097,672

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

June 2016

Original loan amount

$401,500

Est. remaining balance

$328,282

Interest rate

3.59%

Loan type

New Conventional, 30 year

Seller

Cheryl Kent and Barbara Barrist

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/08/2024 at 6:35 AM

Listing updated: 09/30/2024 at 9:03 AM

Listed by: Karin McCoy, Allison James Estates & Homes Phone #: (951) 265-6149

MLS: CRMLS #SW24121637

CRMLS logo

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