Lake Elsinore Homes under $1.25 million

Welcome to Lake Elsinore, California – a hidden gem nestled in Riverside County that beautifully marries natural beauty with a vibrant community spirit. Known for its stunning lake views and picturesque surroundings, Lake Elsinore is a haven for outdoor enthusiasts and families alike. With the majestic Ortega Mountains as a backdrop and the shimmering waters of Lake Elsinore at its heart, this city offers a lifestyle that embraces both adventure and tranquility.

One of the most appealing aspects of Lake Elsinore is its diverse real estate market, particularly for those seeking homes under $1.25 million. Here, you can find a wide array of properties that cater to various tastes and budgets. From charming single-family homes with spacious backyards to modern townhouses with stunning lake views, there’s something for everyone. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Lake Elsinore’s real estate options provide the perfect opportunity to invest in a community that thrives on connection and comfort.

In addition to its affordability, Lake Elsinore boasts excellent schools, numerous parks, and a vibrant local culture with events and festivals held throughout the year. The city’s friendly atmosphere and strong sense of community make it a wonderful place to call home.

If you're ready to find your dream home in a city that offers both scenic beauty and a welcoming environment, Lake Elsinore is the perfect destination. Explore the possibilities today and discover why so many are choosing to make Lake Elsinore their home!

Newest Lake Elsinore Homes under $1.25 million

$470,000

3 Beds ⋅ 3 Baths ⋅ PTP2607727 MLS ⋅ Active Status

Charming 3-bedroom, 2-bathroom home offering 1,699 sq ft of comfortable living space in the heart of Lake Elsinore. Energy-efficient features include solar and updated electrical, helping keep utility costs low. Enjoy the best of Southern California's largest natural freshwater lake right around the corner spend weekends at Elm Grove Beach or Lakepoint Park, catch a sunset from Lake Elsinore Vista Point, or hike to Ortega Falls just minutes away. Historic Downtown Lake Elsinore offers boutique shopping and dining, plus easy access to hiking trails and wildflower blooms at Walker Canyon. With convenient access to the 15 and 74 freeways, this home offers small-town charm with easy commuting. Don't miss your chance to own a piece of Lake Elsinore living.

33200 Benner Street, Lake Elsinore

$649,000

5 Beds ⋅ 3 Baths ⋅ NDP2609518 MLS ⋅ Active Status

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.

53203 Iceberg Street, Lake Elsinore

$360,000

3 Beds ⋅ 2 Baths ⋅ TR26222081 MLS ⋅ Active Status

Bring your vision to 18530 Eucalyptus Avenue in Lake Elsinore! This home offers an opportunity to personalize the finishes and make it your own. The property would benefit from fresh paint and new flooring. With no carpet currently installed, it’s ready for you to choose flooring that fits your style. A great option for buyers looking for a home they can update to their own taste and add value over time.

18530 Eucalyptus Avenue, Lake Elsinore

$975,000

OC26222168 MLS ⋅ Coming Soon Status

This lot is near the lake and features 2 upgraded homes. Each homes includes 3 bedrooms and 2 1/2 bath plus a 2-car carport. The units are nearly identical. Nicely updated inside and out, each townhouse features fresh paint, newer flooring & updated fixtures throughout. The entry's open to a spacious living-room that flows seamlessly into a light & bright great-room with comfortable living space. Enjoy the inviting eat-in kitchen spaces & the generously sized kitchens offering ample cabinetry. The laundry areas are conveniently located at the base of each staircase. Upstairs are 3 well-appointed bedrooms, including 2 with walk-in closets & primary suites that features a private balcony with views of Lake Elsinore. Each home includes 2 covered, parking spaces. Located near the Historical Downtown, Schools and the Lake ...!

905 W Sumner, Lake Elsinore

$419,000

2 Beds ⋅ 1 Baths ⋅ IV26221532 MLS ⋅ Active Status

If you’ve been searching for an affordable home with the updates already taken care of, this could be the one. This thoughtfully updated 2-bedroom, 1-bath home offers 924 sq ft of move-in ready living space, with new flooring and fresh paint throughout creating a clean, cohesive look from room to room. The kitchen has been renovated and features a new stovetop, and the bathroom has been remodeled with modern finishes. New mini-split systems provide efficient heating and cooling year-round, and new ceiling fans add comfort in every room. Life in Lake Elsinore offers a lot to enjoy. The city is home to the largest natural freshwater lake in Southern California, popular for boating, fishing, and weekends by the water. The surrounding hills and nearby trails offer scenic hiking, and locals can catch a Lake Elsinore Storm baseball game at Diamond Stadium or shop at the Lake Elsinore Outlets. It’s a community with a relaxed, small-town feel and steady growth. Freeway access is close by, making commutes throughout the Inland Empire and beyond quick and convenient. For first-time buyers ready to stop renting and start building equity, 103 Flint Street is worth a look.

103 Flint Street, Lake Elsinore

$558,000

3 Beds ⋅ 2 Baths ⋅ IG26212147 MLS ⋅ Coming Soon Status

Welcome to 3522 PEAR BLOSSOM LANE, featuring a sparkling pool and spa, an open floor plan, and plenty of space for comfortable living and entertaining. Offering 3 bedrooms, 2 bathrooms, and a 2-car garage, with the possibility of parking for your toys, this well-maintained home is ready for its next owner. The main living area & bedrooms & baths feature durable 18x18 tile flooring throughout, while the open-concept family room, dining area, and kitchen create an easy flow for everyday living and entertaining. The family room offers a cozy gas fireplace and direct access to the backyard and pool. The kitchen features white cabinetry, stainless steel appliances, a built-in wall pantry, and a charming built in window seat. The spacious primary bedroom includes a large closet and an attached bath with dual sinks and an oversized soaking tub with shower. One of the secondary bedrooms features double-door entry and a built-in desk nook, making it ideal as a home office, study, or additional bedroom. Additional features include high ceilings, ceiling fans, mirrored closet doors, horizontal blinds, rain gutters, and newer dual-pane windows and sliding glass doors. The main bathroom offers a granite-topped vanity and a glass-block-enclosed walk-in shower. Step outside to enjoy the private backyard with a sparkling pool and spa, surrounded by a low-maintenance, drought-tolerant landscape and mountain views. With no HOA and low property taxes, this home offers both comfort and convenience in a desirable Lake Elsinore location. First showings at open house the weekend of Oct 24 & 25th, 1 to 4. All TV's are negotiable.

3522 Pear Blossom Lane, Lake Elsinore

$614,900

3 Beds ⋅ 2 Baths ⋅ SW26220918 MLS ⋅ Active Status

CORNER LOT! SINGLE STORY! 3 CAR GARAGE! SPACIOUS LAYOUT! MOVE-IN READY! Welcome home to 4165 Alderwood - in the desirable Alberhill community of Lake Elsinore! Offering 2,064 square feet of open concept living, and the most thoughtful layout - guest bedrooms on one side of the home, while primary is on the other! The spacious living areas include a cozy fireplace, while the kitchen and adjoining great room create a welcoming central gathering space. You’ll also enjoy a private bonus room for formal dining, or large playroom/ office space! The private backyard is a blank canvas waiting to be transformed into your own oasis, with endless possibilities for outdoor entertaining, relaxing, and creating the backyard of your dreams. Additional highlights include an attached 3-car (tandem) garage, EV Car Charger, and updated flooring throughout. Location convenience at its finest with easy access to the 15fwy, walking distance to local elementary school, community sports park, and community amenities.

4165 Alderwood, Lake Elsinore

$489,990

4 Beds ⋅ 3 Baths ⋅ SW26220452 MLS ⋅ Active Status

This lovely two-story 1,900-sf home in a gated community has a Modern Farmhouse facade, and downstairs bedroom with walk-in closet and full bathroom. The first floor living area also has an Island kitchen with granite counters, built-in stainless-steel appliances and pantry closet, Great room and separate dining room. Upstairs is a loft, the primary bedroom with ensuite bathroom and separate walk-in closet, 2 additional bedrooms with walk-in closets, a full bathroom, laundry room, and linen closet. The interior comes complete with White shaker-style cabinetry, lots of included recessed lighting, laminate flooring in the main living areas and carpet in the bedrooms and closets. This truly modern home has all the Smart Home and energy efficient features you would expect including a direct-access 2-car garage pre-plumbed for an electric car, and solar mandatory. The community features an entry gate, built-in pool, open green space play area, and is situated approximately one mile Northwest of the lake with nearby freeway access. This is a quick move-in home ready now!

30919 Olas Court, Lake Elsinore

$899,999

6 Beds ⋅ 4 Baths ⋅ SW26218524 MLS ⋅ Active Status

YOUR OWN PRIVATE RESORT WITH $500K+ IN UPGRADES! This exceptional 6-bedroom, 4-bathroom pool home offers approximately 2,867 sq. ft. of beautifully upgraded living space, including a separate-entry space ideal for a private office, guest quarters, or potential gen suite perfect for multigenerational living, extended family, or working from home. The backyard is the true showstopper, with an estimated $500,000+ in pool and outdoor improvements creating a one-of-a-kind private resort. Built directly into the hillside, the spectacular pool features an awesome waterslide, diving area, and a privately tucked-away jacuzzi, offering a secluded place to relax away from the main pool area. A full outdoor shower and bathroom complete the incredible poolside setup. Inside, windows throughout the home bring in tons of natural light, while beautiful stacked-stone accents and a stunning fireplace add warmth and character. The primary suite features its own private balcony and a spa-inspired bathroom with a large two-person shower and luxurious finishes. With six bedrooms, four bathrooms, flexible living spaces, extensive upgrades, no HOA, and a backyard that truly has to be seen to be appreciated, this home offers a rare combination of privacy, versatility, and resort-style living.

31628 Saddle Ridge, Lake Elsinore

$532,990

4 Beds ⋅ 3 Baths ⋅ SW26219613 MLS ⋅ Active Status

This spacious two-story 2,009 square foot home sits on a corner lot with a Modern Farmhouse facade. The home has a downstairs bedroom and full bathroom. The Island kitchen has granite counters, built-in stainless-steel appliances and pantry closet. The upstairs includes a large loft, primary bedroom with ensuite bathroom and walk-in closet, 2 additional bedrooms with walk-in closets, a full bathroom, and a laundry room. The interior comes complete with laminate and carpet flooring, and White shaker-style cabinetry throughout. This truly modern home has all the Smart Home features you would expect with a direct-access 2-car garage pre-plumbed for an electric car and the home is solar mandatory. This gated community features a pool, "tot lot" play area, and is situated approximately one mile Northwest of the lake and has nearby freeway access. We anticipate the home will be ready for move-in the end of December 2026.

30908 Olas Court, Lake Elsinore

$595,000

3 Beds ⋅ 2 Baths ⋅ OC26219385 MLS ⋅ Active Status

This is the property you have been waiting for!!! Gorgeous turnkey home with a VIEW of the lake from the backyard!!! One level home with no stairs and a great floor plan. Great curb appeal and wait till you see the custom entry door. Through the door is a living room and dining area with an office in front ( that could be converted to a 4th bedroom ) . Toward the backyard is a family room with a fireplace, another eating area and the beautiful kitchen. You can exit to the backyard through custom doors or a slider in the dining area. The master bedroom sits by the backyard and has an awesome view and access to the yard as well. There is a master bath with a great layout and a walk-in closet, dual sinks and a tub/shower combination. Additionally, you have two nice size bedrooms and another good size bathroom. Through the hall area is the inside washer/dryer area that leads to the completely finished garage area with custom cabinets and a built-in TV!! But the backyard is the icing on the cake!! A custom in ground spa, outdoor kitchen complete with high end barbeque, fridge and sink, granite counter top, outdoor TV a huge patio cover and the best part is an absolute beautiful view of the Lake and the mountains!! This would be YOUR VIEW forever. Please take the time to see this amazing property in person, you will not be disappointed.

15318 Mesquite, Lake Elsinore

$658,990

4 Beds ⋅ 3 Baths ⋅ SW26219235 MLS ⋅ Active Status

BRAND NEW! Craftsman style two-story open concept home with 4 bedrooms, 3 bathrooms and a loft in the beautifully planned community of Terracina. The bright kitchen features lots of cabinets, a large kitchen island and Whirlpool appliances including range, dishwasher, and microwave hood combo. The spacious primary bedroom and bath include a large separate tub and shower with a large walk-in closet . This all-electric home is ENERGY STAR® rated to save substantial money on utility bills. The community has a park with a ball field, basketball court and play equipment! Photos are a rendering of the model. Buyer can either lease or purchase the Solar.

5542 Catania Lane, 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.