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4170 Alderwood — Lake Elsinore — 5 Beds • 5 Baths • 2,952 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+27 more

$699,999

30 DOM

$237/sqft5 bd5 ba2,952 sqftHOA ~157/mo

Call

4170 Alderwood Lake Elsinore, CA 92530

5,663sqft lot

This stunning former model home in Amberhill Ranch offers panoramic mountain views from its elevated 5,663 sq ft lot and features five spacious bedrooms, (including a main-floor suite), plus a versatile upstairs loft. The formal dining room has a butler's pantry and flows seamlessly into a gourmet kitchen equipped with rich wood cabinetry, wood floors, granite countertops, stainless steel appliances, a large island, and abundant storage. The great-room style family room boasts surround sound, a cozy fireplace, and breathtaking views. The nearby main floor bedroom with en-suite bathroom is great for guests. Upstairs, the luxurious upstairs primary suite includes crown molding, built-in speakers, and a spa-like bathroom with travertine floors, dual sinks, a soaking tub, separate shower, and oversized walk-in closet. Additional highlights upstairs include the large bonus room/loft, three additional bedrooms, dual-sink bathroom, an upstairs laundry room, whole-house fan, and dual-zoned A/C. The home has a security alarm system in each room that can be activated. The flat, usable backyard offers privacy, breezes, and space for a pool or play area. 3 car tandum garage offers convenient space options. Located within walking distance to a new elementary school and resort-style HOA amenities including a pool, splash zone, clubhouse, and parks, this home is just minutes from the I-15 freeway, Lake Elsinore Outlets, and the lake, plus offers easy access to Corona, 25 min to Temecula and 50 min to Orange County. This property is the perfect place to call home.

MLS OC26054405

949-458-1033 (Office) kathevh@hotmail.com

Est. payment

$4,630/mo

Principal & interestTaxesInsuranceHOA

$3,540$729$204$157

Down %

Rate %

Years

Down payment: $140,000 · Total cost: $1,414,247

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$4,630/mo

Principal & interest: $3,540
Est. property tax: $729
Est. insurance: $204
HOA (normalized / mo): $157
Down payment: $140,000

Est. gross rent$2,917/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,713/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.