
Lake Elsinore, California 92532
Analysis of 28639 Rostrata, Lake Elsinore, California 92532 is currently available with a list price of $915,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1983 (41 years old), the property falls into the 'Fair' category due to visible cosmetic updates such as newer laminate flooring and paint that suggest maintenance within the last 15-20 years. However, the kitchen and bathrooms remain dated, popcorn ceilings are still present, and the overall layout and systems reflect the original construction era, requiring modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 42253, living area = 1804.
The rare one-acre lot is fully usable and zoned for horses, providing ample space for animals, RVs, boats, and the development of a private mini-ranch.
Ideally situated just minutes from I-15 and Highway 74, the property offers a perfect blend of rural privacy with immediate access to Costco, major shopping, and dining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Having been on the market for 168 days, the property may face buyer hesitation or scrutiny regarding its current list price relative to market value.
Built in 1983 with a 'rustic' theme, the home likely requires modernization and updates to appeal to buyers seeking contemporary finishes and energy efficiency.
Private Rustic Ranch Retreat on 1 Acre – Rare Horse Property with Endless Possibilities Discover a truly unique rustic ranch retreat nestled among mature trees on approximately one acre in the heart of Southern California. This charming barn-style bungalow offers a rare opportunity to enjoy the tranquility of country living while remaining just minutes from modern conveniences. Surrounded by towering trees, fresh breezes, and natural beauty, the property creates a peaceful, private setting perfect for those seeking space, nature, and a slower pace of life. The expansive lot provides ample room for horses, animals, RVs, boats, and recreational vehicles, making it ideal for outdoor enthusiasts or those dreaming of their own mini-ranch or private getaway. Located just 3–5 minutes from Interstate 15 and Highway 74, the home offers exceptional convenience with Costco, major shopping centers, restaurants, and schools only blocks away. Nearby recreation includes Lake Elsinore and Lake Perris for boating, fishing, and water sports, scenic horseback and hiking trails, wine country, and mountain destinations such as Big Bear and Lake Arrowhead. Centrally located within approximately one hour of Los Angeles, Orange County, and San Diego, this property offers both accessibility and escape. Whether you envision a private country retreat, equestrian property, family compound, or investment opportunity in a rapidly growing area, this distinctive property offers endless potential. Come experience the charm, character, and possibilities for yourself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,804 | 1,997.676 |
| Lot Size | 42,253 | 7,302.624 |
| Price | $915.0K | $602.7K |
| Price per sq ft | $507 | $299 |
| Built year | 1983 | 2005 |
| HOA | $0 | $146 |
| Days on market | 207 | 65 |
Feb 14, 2026
$915,000
Initial Listing