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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 home-pic-0
ACTIVE$629,900
31600 Saddle Ridge Drive Ne, Lake Elsinore, California 92532
3Beds
2Baths
2,068Sqft
14,810Lot
Year Built
1999
Close
-
List price
$630K
Original List price
$630K
Price/Sqft
$305
HOA
-
Days on market
-
Sold On
-
MLS number
IV25247503
Home ConditionFair
Features
Patio
ViewNeighborhood, Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 8% below the list price. We found 3 Cons,5 Pros. Rank: price - $629.9K(50th), sqft - 2068(26th), beds - 3(26th), baths - 2(17th).

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.

Price History

Date
Event
Price
10/27/25
Listing
$629,900
Condition Rating
Fair
The property was built in 1999, making it 25 years old. While some updates are present, such as granite countertops and newer flooring in parts of the home, the kitchen cabinets appear to be painted rather than fully replaced, and the appliances are a mix of finishes. The bathrooms are notably dated with original-looking vanities, countertops, light fixtures, and tile work, indicating they have not been renovated recently. The overall condition suggests regular maintenance but a lack of extensive modern renovations, aligning with the 'fair' category where major components are functional but show signs of being outdated and minor updates or repairs are required.
Pros & Cons

Pros

Energy Efficiency: Equipped with a solar power system designed to save approximately 95% on electric bills, offering significant long-term cost savings.
Spacious Outdoor Living: Features a generous 14,810 sqft lot with multiple trees and a very large patio, ideal for entertaining and outdoor relaxation.
Flexible Floor Plan: A single-story home offering 3 bedrooms plus a dedicated den/office, providing versatile space for various needs.
Modern Kitchen Amenities: The open kitchen boasts granite countertops and extra cabinets, enhancing functionality and aesthetic appeal.
Convenient Location: Strategically located near shops, restaurants, and Freeway 15, ensuring easy access to amenities and transportation.

Cons

Potential Overpricing: The current listing price of $629,900 is notably higher than the estimated property value of $573,333, suggesting it may be above market value.
Age-Related Maintenance: Built in 1999, the property is 25 years old, which may imply potential for upcoming maintenance or replacement of original systems (e.g., HVAC, roof) if not already updated.
Unspecified Cooling System: The description does not explicitly mention a cooling system (e.g., air conditioning), which is a crucial comfort feature for the Lake Elsinore climate.

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