31600 Saddle Ridge Drive Ne, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 3 bed, 2 bath
31600 Saddle Ridge Drive Ne
Lake Elsinore, California 92532
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31600 Saddle Ridge Drive Ne Subject | $625,000* List Price | 3 | 2 | 2,068 | $285 | - |
A 21001 High Crest Drive Sold | $590,000 | 4 | 3 | 2,009 | $294 | 0.4 mi |
B 31757 Canyon Estates Sold | $580,000 | 3 | 3 | 1,780 | $326 | 0.6 mi |
C 11 Bella Caterina Sold | $614,995 | 4 | 3 | 2,007 | $306 | 0.9 mi |
D 31700 Indian Spring Pending | $565,000 List Price | 4 | 2 | 1,780 | $317 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1999, this property is 25 years old. While the kitchen has received some updates like granite countertops, a farmhouse sink, subway tile backsplash, and painted cabinets, the execution of the cabinet paint appears DIY, and the overall style is not fully modern. The bathrooms feature older tile and vanity styles, indicating they have not been extensively renovated recently. Flooring is a mix of newer-looking laminate and older carpet/tile. Major systems are 25 years old, nearing the end of their typical lifespan. The home is functional and maintained, but shows signs of being outdated and would benefit from minor updates, especially in the bathrooms, to meet current aesthetic standards. The solar power system is a significant positive for energy efficiency but does not elevate the overall interior condition beyond 'fair'.
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 = 14810, living area = 2068.
- Energy Efficiency
The property features a solar-powered system designed to save approximately 95% of the electric bill, offering significant long-term cost savings and environmental benefits.
- Spacious & Flexible Layout
This single-story home offers 2068 sqft with 3 bedrooms plus a dedicated den/office, providing desirable single-level living and versatile space for various needs.
CONSRISKS & DEFICIENCIES
- Potential for Dated Interior Features
While the kitchen has updated features, the description does not specify updates to other key interior areas such as bathrooms or flooring, which may be original to the 1999 build and could require modernization.
- Age of Major Systems
Built in 1999, the property's major systems (e.g., HVAC, water heater, roof) are 25 years old and may be nearing the end of their typical lifespan, potentially leading to future replacement costs for a buyer.
- Recent Price Adjustment
The property has recently undergone a price reduction from $629,900 to $625,000, which could suggest that the initial pricing was ambitious or that market interest has been slower than anticipated.
About 31600 Saddle Ridge Drive Ne
COME TO SEE THIS PROPERTY AT GREAT AREA OF LAKE ELSINORE, NEARBY TRANSPORTATION ROADS AND MORE A SINGLE STORY, 2068 SQFT, 3 BEDROOMS PLUS DEN/ OFFICE. THE HOME IS LOCATED NEAR SHOPS, RESTAURANTS AND FREEWAY 15. THIS PROPERTY HAS A 14810 SQFT WITH MULTIPLE TREES AND PARTY SPACE. GRANITE COUNTER TOPS AND EXTRA CABINETS AT THE OPEN KITCHEN WITH ACCES TO FAMILY ROOM. A DEN AT THE FROM ADDS TO THE 3 FULL BEDROOMS, THERE IS A TWO SIDED FIREPLACE BEETWEN THE LIVING AREA AND THE FAMILY AREA. INB TH BACK YARD THERE IS A VERY LARGE PATIO FOR RELAXING AND NTERTAIMENT TIME AND ACCESS TO MASTER BEDROOM AND FAMILY AREA. THERE IS A SOLAR POWERED SYSTEM DESIGNATED TO SAVE APPROXIMATELY 95% OF THE ELECTRIC BILL. PLEASE SEE REMARKS
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 14,810 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 24% |
| Baths | 2.0 | 3.0 | 16% |
| Square foot | 2,068 | 2,541 | 32% |
| Lot Size | 14,810 | 7,405 | 88% |
| Price | $625.0K | $630.0K | 48% |
| Price per sq ft | $302 | $259 | 78% |
| Built year | 1999 | 2007 | 13% |
| HOA | $0 | $134 | 14% |
| Days on market | 131 | 183 | 21% |
Pricing History
Listed for Sale
Jan 27, 2026
$625,000
$629,900
-1% Price Drop
Initial Listing
Price Change
Oct 27, 2025
$629,900
Initial Listing