Laura Jewett

Laura Jewett

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$699,999

($223,628 down)
VA

29371 High Ridge Dr, Lake Elsinore, CA 92530

5
3
2,779 sqft
PITI Monthly
$3,261.54 /mo

Listing courtesy of: Heladio Sanchez, Cork Real Estate

Assumed Rate

3.18%
7.15%

Principal & Interest

$2,265 /mo
$3,546 /mo

What's Special

SERENE
SHOPPING
SPACIOUS
LUXURY
GRANITE COUNTERTOPS
STAINLESS STEEL APPLIANCES
PRIVATE BACKYARD
CHARMING

Situated within the charming enclave of Shorepoint, this exquisite residence epitomizes the pinnacle of refined living in Lake Elsinore’s most coveted neighborhood. This meticulously designed 5-bedroom, 3-bathroom home, complete with a versatile loft, affords breathtaking vistas as it gracefully backs to a serene canyon. The interior showcases a grand island kitchen that seamlessly flows into the inviting family room, creating an ideal space for both intimate gatherings and lavish entertaining. Two generously proportioned bedrooms and a full bathroom on the main level offer convenience and flexibility, while upstairs, a spacious loft provides an additional retreat. The expansive owner’s suite is a sanctuary of luxury, featuring an opulent bathroom that elevates daily indulgence. Accompanied by a well-appointed upstairs laundry room and two additional sizable bedrooms, this home effortlessly blends practicality with elegance. Sophisticated touches abound, including gleaming tile flooring, premium stainless steel appliances, elegant crown molding, stylish shutters, and lustrous granite countertops, all set within the tranquility of a quiet street perched above the bustle, yet mere moments from esteemed schools, major freeways, and premier shopping. The crown jewel of this property is its private backyard—a rare haven with no rear neighbors, offering uninterrupted, panoramic views of the canyon, lake, and rolling hillside. This is more than a home; it is an invitation to embrace a lifestyle of unparalleled beauty and serenity. Welcome to your dream residence.

... Show more

Assumption Snapshot

Type of Loan
VA
Interest Rate
3.18
Remaining Loan Term
25 years, 7 months
Monthly PITI
$3,261.54/mo
Estimated Loan Balance
$477,370
Cash to close
$223,628
Interest Paid
$70,398

Facts & Features

Interior

Bedrooms & Bathrooms
  • Bedrooms: 5
  • Bathrooms: 3
Cooling & Heating
  • Cooling: CentralAir
  • Heating: Unknown
Features
  • Materials: Unknown
  • Community: Unknown
  • Has Fireplace: Yes
  • Fireplace Features: LivingRoom
  • Flooring: Unknown

Exterior

Fencing
  • Fencing: Unknown
Roof
  • Roof: Unknown
Parking
  • Garage: Yes
  • Garage Spaces: 2
  • Carport: No
  • Carport Spaces:
Water
  • Sewer: PublicSewer
  • Water Source: Public
Pool
  • Has Pool: No
  • Pool Features: None

Construction

Type & Style
  • Stories: 2
  • Home type: SingleFamilyResidence
  • Architectural Style: Unknown
Materials
  • Unknown
  • Roof: Unknown
Condition
  • Year Built: 2009
Details
  • Builder:

Community & HOA

Community
  • Subdivision:
  • Features: DogPark, Hiking, Lake
HOA
  • Has HOA: Yes
  • HOA Name: Cambria Hills
  • HOA Amenities: Unknown
  • HOA Fee: $130
  • HOA Frequency: $Monthly
Location
  • Region: Lake Elsinore

Financial Details

  • Price per Sqft: $251.89
  • Tax Annual Amount: $8749.99
  • On Market Date: 2025-02-21T00:00:00.000Z
Inquire about this property

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Apply to Assume

Fill out an application to explore financing options for assuming this loan.

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Savings Calculator

Current cash to close is $223,628 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $223,628!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.18% Sellers Rate
$476,371
Your Cash$223,628
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.18%
$2,265/mo
Traditional @ 7.5%
$3,678/mo
You save $1,413/month ($16,960/year)

*Secondary financing rates are an estimated value based on input

MLS ID: SW25039268

Listing From:

Last updated: 2025-03-31T23:12:11.000Z

© , CRMLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.

Assumed Rate

3.18%
7.15%

Principal & Interest

$2,265 /mo
$3,546 /mo
Inquire about this property

We will reach out to you with more details

Apply to Assume

Fill out an application to explore financing options for assuming this loan.

Apply now

Savings Calculator

Current cash to close is $223,628 (32%)
You can enter any amount below - secondary financing will cover the difference if needed.
32%
$

You cover the entire equity of $223,628!

Enter a smaller amount if you prefer to use secondary financing.

Loan Breakdown

Assumed Mortgage3.18% Sellers Rate
$476,371
Your Cash$223,628
Total Purchase Price:$699,999

Assumed vs Traditional Mortgage

Assumed @ 3.18%
$2,265/mo
Traditional @ 7.5%
$3,678/mo
You save $1,413/month ($16,960/year)

*Secondary financing rates are an estimated value based on input

Follow Us
UMe Assumptions
Agent/Broker
Laura Jewett(480) 628-2563laura@azinspiredliving.comMLS SA525254000

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© Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Listing Service. Real estate listings held by brokerage firms other than are marked with the Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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