31509 Canyon View Drive, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 5 bed, 4 bath

31509 Canyon View Drive, Lake Elsinore, California 92532 home-pic-0
ACTIVE$609,998
31509 Canyon View Drive, Lake Elsinore, California 92532
5Beds
4Baths
2,880Sqft
6,534Lot

Price Vs. Estimate

The estimated value ($565,051.79) is $44,946.21 (7%) lower than the list price ($609,998). This property may be overpriced.

Key pros and cons

Top Pros:
Versatile & Spacious Floor Plan: The property offers a generous 2,880 sq. ft. with 5 bedrooms and 4 full baths, including a highly desirable main-floor primary suite and a multi-level bedroom layout, catering to diverse family needs or guests.
Top Cons:
Absence of Views: Despite the address 'Canyon View Drive,' the property explicitly states 'view: None,' which could be a significant disappointment for buyers expecting scenic vistas.

Compared to the nearby listings

Price:$610.0K vs avg $630.0K ($-20,002)41%
Size:2,880 sqft vs avg 2,541 sqft77%
Price/sqft:$212 vs avg $25511%

More Insights

Built in 1999 (26 years old).
Condition: Built in 1999, this property is 25 years old. While the kitchen appears to have been updated with white cabinets, modern stainless steel appliances, and contemporary countertops, at least one secondary bathroom (as seen in the images) features dated tile countertops and backsplash, indicating it has not been recently renovated. The overall condition is clean and well-maintained, with a mix of updated flooring (wood-look laminate, marble-look tile) and some older elements. The property is move-in ready but shows signs of being aged with some outdated components, aligning with the 'Fair' condition criteria.
Year Built
1999
Close
-
List price
$610K
Original List price
$640K
Price/Sqft
$212
HOA
-
Days on market
-
Sold On
-
MLS number
PW25244094
Home ConditionFair
Features
Deck
Patio
View-

About this home

Beautiful two-story former model home featuring 2,880 sq. ft. of well-designed living space with 5 bedrooms and 4 full baths. The inviting floor plan includes a spacious family room with fireplace, formal entry, bright living room, and an open kitchen with tile counters—perfect for entertaining. The home offers both comfort and functionality, with two bedrooms and two full baths conveniently located on the main floor, including a main-floor primary suite. Upstairs, the large master suite features a luxurious bath with double sinks, separate tub and shower, walk-in shower, and walk-in closet. Bathrooms include low-flow toilets, double vanities, and modern fixtures throughout. Additional highlights include a laundry room, ample storage, and multi-level bedroom layout ideal for families or guests. Don’t miss this move-in ready home that combines space, comfort, and style in one!

Condition Rating
Fair

Built in 1999, this property is 25 years old. While the kitchen appears to have been updated with white cabinets, modern stainless steel appliances, and contemporary countertops, at least one secondary bathroom (as seen in the images) features dated tile countertops and backsplash, indicating it has not been recently renovated. The overall condition is clean and well-maintained, with a mix of updated flooring (wood-look laminate, marble-look tile) and some older elements. The property is move-in ready but shows signs of being aged with some outdated components, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Versatile & Spacious Floor Plan: The property offers a generous 2,880 sq. ft. with 5 bedrooms and 4 full baths, including a highly desirable main-floor primary suite and a multi-level bedroom layout, catering to diverse family needs or guests.
Former Model Home Quality: As a former model home, it likely features upgraded finishes, a well-designed layout, and potentially superior construction and aesthetic appeal compared to standard builds.
Luxurious Master Suite: The upstairs master suite boasts a luxurious bath with double sinks, a separate tub and walk-in shower, and a walk-in closet, providing a private and comfortable retreat.
Entertainer's Layout: The inviting floor plan includes a spacious family room with a fireplace, a bright living room, and an open kitchen with tile counters, making it ideal for entertaining and family gatherings.
Move-in Ready Condition: Described as 'move-in ready,' the home minimizes immediate expenses and effort for new owners, allowing for a smooth transition.

Cons

Absence of Views: Despite the address 'Canyon View Drive,' the property explicitly states 'view: None,' which could be a significant disappointment for buyers expecting scenic vistas.
History of Price Reductions: Multiple price drops from the original listing price suggest the property may have been initially overpriced or is struggling to attract buyers at its current valuation.
Standard Lot Size: With 2,880 sq. ft. and 5 bedrooms, the 6,534 sq. ft. lot size is relatively standard and may not offer extensive outdoor space, which some larger families or those seeking more yard might desire.

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