29248 Sandpiper, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 2 bath
29248 Sandpiper
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 29248 Sandpiper, Lake Elsinore, California 92530 reveals a property with a current list price of $639,000, which is 9% above the estimated $580,313 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 29248 Sandpiper Subject | $639,000* List Price | 4 | 2 | 2,003 | $290 | - |
A 15505 Starview Street Sold | $539,000 | 4 | 2 | 1,954 | $276 | 0.3 mi |
B 29110 Wayfarer Lane Sold | $710,000 | 4 | 3 | 2,176 | $326 | 0.5 mi |
C 29149 Edgewood Drive Sold | $645,000 | 4 | 3 | 2,350 | $274 | 0.4 mi |
D 29032 Rolando Sold | $580,000 | 4 | 2 | 1,565 | $371 | 0.7 mi |
E 29224 Sandpiper Drive Sold | $685,000 | 4 | 3 | 2,499 | $274 | 0.1 mi |
F 802 Napa Court Sold | $590,000 | 4 | 2 | 1,696 | $348 | 0.7 mi |
G 29435 Falling Leaf Drive Active Under Contract | $543,600 List Price | 4 | 3 | 2,000 | $272 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property was built in 2006, making it 18 years old, which falls within the 'Good' category's age range. The images show a well-maintained home with clean interiors. The kitchen features white cabinets, granite countertops, and stainless steel appliances, all appearing functional and in good condition, though the style reflects the original build year rather than a recent modern renovation. Bathrooms also feature granite countertops and standard fixtures, clean and functional. Flooring is a mix of tile in common areas and carpet in bedrooms/living room, both appearing well-kept with minimal wear. The overall condition is move-in ready with no immediate renovations required, aligning with the 'Good' score criteria.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 2003.
- Panoramic Views
The property boasts desirable views including City Lights, Mountains, Neighborhood, and Panoramic vistas, enhancing its aesthetic appeal and potential value.
- Prime Location & Accessibility
Situated in a quiet and established neighborhood, the home offers convenient access to schools (especially Rice Canyon Elementary at 0.3 miles), parks, shopping, and major roads/freeways.
CONSRISKS & DEFICIENCIES
- Bedroom Count Discrepancy
The property is advertised with 3 bedrooms, but the title indicates 4 bedrooms, which may require clarification for potential buyers regarding actual usable space or conversion possibilities.
- Monthly Association Fee
A recurring monthly association fee of $130 adds to the overall cost of homeownership, which potential buyers will need to factor into their budget.
- Original Interior Condition (Inferred)
While described as 'well-maintained,' the listing does not specify recent updates to key areas like the kitchen or bathrooms, suggesting the interior may largely reflect its 2006 build and could benefit from cosmetic upgrades to meet modern aesthetic preferences.
About 29248 Sandpiper
Welcome to this well-maintained single-family residence located in a quiet and established neighborhood of Lake Elsinore. This home offers an open and functional floor plan with approximately 2,003 square feet of living space. The property features 3 bedrooms (4 bedrooms on title), 2 full bathrooms, and an attached 3-car garage providing ample parking and storage. The interior offers spacious living and family areas, ideal for everyday living and entertaining. The primary bedroom includes an en-suite bathroom, and the additional bedrooms are generously sized. Situated on a large lot of approximately 9,147 square feet, the backyard provides plenty of space for outdoor enjoyment. Conveniently located near schools, parks, shopping, and with easy access to major roads and freeways. A great opportunity for owner-occupants or investors alike.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2006
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Rice Canyon Elementary School
Grades K-5 • 0.3 mi
Terra Cotta Middle School
Grades 6-8 • 0.9 mi
Lakeside High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 2,003 | 1,868 | 59% |
| Lot Size | 9,148 | 7,841 | 67% |
| Price | $639.0K | $595.0K | 71% |
| Price per sq ft | $319 | $319 | 50% |
| Built year | 2006 | 2004 | 53% |
| HOA | $130.0 | $0 | 79% |
| Days on market | 57 | 194 | 5% |
Pricing History
Listed for Sale
Jan 10, 2026
$639,000
Initial Listing
Sold
Oct 21, 2021
$580,000
Public Record
Sold
Feb 10, 2017
$329,000
Public Record
Sold
Apr 1, 2013
$243,000
Public Record
Sold
Mar 11, 2013
$185,000
Public Record
Sold
Jan 26, 2006
$412,000
Public Record