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31805 Ortega, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 4 bath

31805 Ortega, Lake Elsinore, California 92530 home-pic-0
ACTIVE$899,995
31805 Ortega, Lake Elsinore, California 92530
3Beds
4Baths
3,154Sqft
618,116Lot
Year Built
1956
Close
-
List price
$900K
Original List price
$975K
Price/Sqft
$285
HOA
-
Days on market
-
Sold On
-
MLS number
SW25127620
Home ConditionFair
Features
Excellent View: City Lights, Lake, Mountain(s), Neighborhood
Deck
ViewCity Lights,Lake,Mountain(s),Neighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $900.0K(99th), sqft - 3154(96th), beds - 3(50th), baths - 4(94th).

Welcome to an exceptional opportunity to own one of Southern California's natural beauty. Nestled on 14.19 private acres along the scenic Ortega Highway. This custom built 3,154 sq ft estate offers sweeping panoramic views of rolling hills, canyons and the Lake Elsinore valley below. Backing up to the Cleveland National Forest, you'll enjoy maximum privacy. Originally built in 1956, this charming residence blends timeless character with generous living space, ideal for a peaceful retreat, family compound, or investment property. The expansive floor plan showcasing large windows, drawing the outdoors in with endless natural light and stunning views. This three bedroom and three full bathrooms featuring two private suites with ensuite bath and private view deck on the upper level, one very private bedroom and ensuite bathroom on the lower floor perfect for guests or a downstairs gaming room. With sliding glass doors for easy access to create a garden private patio; you will find the view exfiltrating! So much to do here in Lake Elsinore. You won't want to miss the Historic Downtown Main Street, where charming shops, local cafe and weekend markets bring community to life. It's a perfect balance of rural seclusion and small town charm. Lake Elsinore is also well known for Extreme Sports, Baseball at the Storm Stadium and hosting many other community events. Don't miss your chance to own a rare slice of California beauty, just a short drive from the coast, historic San Juan Capistrano and the heart of Lake Elsinore.

Price History

Date
Event
Price
08/15/25
Price Change
$899,995-2.7%
08/01/25
$925,000
06/27/25
$975,000
Condition Rating
Fair
The property was built in 1956, making it nearly 70 years old. While the interior appears well-maintained, the kitchen and bathrooms, though clean and functional, show signs of updates that are likely 15-25 years old rather than recent. The kitchen features traditional cabinets, granite-like countertops, and a stainless steel dishwasher, but the overall style is dated. Bathrooms have tiled surrounds and standard fixtures that are also not contemporary. The flooring (tile in kitchen/bath, wood laminate on stairs) is in good condition but not new. Given the age of the property and the style of the visible updates, it aligns with a 'fair' condition, suggesting it's aged but maintained with functional but outdated components, and likely requires minor updates to meet current standards.
Pros & Cons

Pros

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 = 618116, living area = 3154.
Expansive Private Acreage & Natural Setting: Nestled on 14.19 private acres and backing up to the Cleveland National Forest, the property offers maximum privacy and a unique connection to nature, ideal for a secluded retreat.
Sweeping Panoramic Views: The estate boasts sweeping panoramic views of rolling hills, canyons, the Lake Elsinore valley, city lights, and mountains, enhancing its aesthetic appeal and value.
Generous & Versatile Living Space: A custom-built 3,154 sq ft residence with an expansive floor plan, including three bedrooms and four bathrooms (three full), two private suites with view decks, offering flexibility for various uses like a family compound or investment.
Architectural Character & Natural Light: Originally built in 1956, the home blends timeless character with large windows that draw in abundant natural light and seamlessly integrate the stunning outdoor views.
Balanced Location & Local Amenities: Offers a perfect balance of rural seclusion with convenient access to Lake Elsinore's Historic Downtown, extreme sports, community events, and a short drive to the coast and San Juan Capistrano.

Cons

Age of Property: Built in 1956, the property is nearly 70 years old, which may imply potential for outdated systems (e.g., HVAC, electrical, plumbing) or require significant modernization to meet contemporary standards and buyer expectations.
Price Reduction History: Multiple price reductions from an original list price of $975,000 to the current $899,995 could indicate initial overpricing or challenges in market absorption at previous price points.
Lack of Specific Modern Upgrades Mentioned: While described as having 'timeless character,' the property details do not specify any recent major renovations or upgrades to critical systems, which could lead to unforeseen maintenance costs for a buyer.

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