31922 Manzanita, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 5 bed, 3 bath
Loading property details...
31922 Manzanita
Lake Elsinore, California 92532
ACTIVE
CONDITION: GOOD
5Beds
3Baths
3,091Sq Ft
9,148Lot Size
Property Price
LIST PRICE$849,000
EST. MARKET VALUE
$809,444
4% AboveMARKET VALUE
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $849,000—positioned above the $809,444 Fair Market Value. While priced slightly above market, the home maintains a Condition Rating of 3, featuring a versatile 3,091 sqft floor plan, a Resort-Style Pool and Spa, and stunning City-Light Views. With a downstairs bedroom and office, it offers exceptional utility for modern living. This property is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or multi-generational families prioritizing lifestyle and comfort.
Estimated Market Value
$809,444
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31922 Manzanita Subject 5 bd · 3 ba · 3,091 sqft · $262 | $849,000* List Price | 5 | 3 | 3,091 | $262 | - |
A 31893 Vinewood Court Sold 5 bd · 3 ba · 3,391 sqft · $221 · 0.1 mi | $750,000 | 5 | 3 | 3,391 | $221 | 0.1 mi |
B 32365 Whispering Willow Sold 4 bd · 3 ba · 3,242 sqft · $208 · 0.8 mi | $675,000 | 4 | 3 | 3,242 | $208 | 0.8 mi |
C 32547 Bramble Court Sold 3 bd · 3 ba · 2,862 sqft · $231 · 0.5 mi | $662,500 | 3 | 3 | 2,862 | $231 | 0.5 mi |
D 31860 Willow Wood Court Sold 4 bd · 3 ba · 3,397 sqft · $258 · 0.3 mi | $875,000 | 4 | 3 | 3,397 | $258 | 0.3 mi |
E 31952 Cedarhill Lane Sold 5 bd · 3 ba · 2,902 sqft · $235 · 0.2 mi | $682,000 | 5 | 3 | 2,902 | $235 | 0.2 mi |
F 32509 Sprucewood Sold 4 bd · 3 ba · 2,647 sqft · $238 · 0.5 mi | $630,000 | 4 | 3 | 2,647 | $238 | 0.5 mi |
G 35408 Oakridge Court Sold 5 bd · 4 ba · 3,082 sqft · $269 · 0.9 mi | $830,000 | 5 | 4 | 3,082 | $269 | 0.9 mi |
H 31954 Flowerhill Drive Active 4 bd · 3 ba · 2,829 sqft · $247 · 0.2 mi | $699,900 List Price | 4 | 3 | 2,829 | $247 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2002 (22 years old), the home is well-maintained and move-in ready. It features freshly painted interiors and a recently upgraded pool and spa. While the kitchen cabinetry and bathroom tile appear to be from the original construction era, the addition of stainless steel appliances and stone countertops keeps the property functional and attractive without requiring immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The 3,091 sqft layout is highly functional, featuring a downstairs bedroom and full bath ideal for multi-generational living, a dedicated office, and a large upstairs bonus room.
- Resort-Style Outdoor Living
The backyard offers an elevated setting with an upgraded pool, spa, and city-light views, providing an exceptional space for relaxation and high-end entertaining.
- Turn-Key Condition & Security
Recent updates including freshly painted interiors and a newly installed comprehensive surveillance system ensure the home is move-in ready with modern peace of mind.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-08-27. The sold price is $824,000.00.
- Mixed School Ratings
While schools are conveniently located nearby, some assigned institutions like Pinacate Middle School have lower ratings, which may be a concern for education-focused buyers.
- Recurring HOA Expenses
The $160 monthly association fee adds a mandatory recurring cost to the property's ownership, which may impact the overall budget for some prospective homeowners.
About 31922 Manzanita
Enjoy elevated living in Lake Elsinore's desirable Canyon Hills community! Welcome to this beautifully refreshed and spacious 5-bedroom, 3-bathroom home featuring approximately 3,091 square feet of living space, with beautiful city-light views and resort-style outdoor living. Freshly painted interiors in light, inviting tones create a bright and welcoming atmosphere throughout the home. The versatile floor plan includes a downstairs bedroom with a full bathroom, ideal for guests or multi-generational living, plus a dedicated downstairs office or a quiet study. Upstairs, an expansive bonus room boasts endless possibilities and can be used as a game room, media room, home gym, playroom, or private retreat. Step outside and enjoy your own resort-style backyard. The beautifully upgraded pool and spa, along with the elevated setting and city-light views, create an exceptional space for relaxing and entertaining. Additional recent improvements include newly installed camera and surveillance systems, providing added security and peace of mind. With spacious living areas, a flexible floor plan, 3-car garage, pool and spa, city-light views and thoughtfully added improvements, this home harmonizes an exceptional combination of comfort, functionality, and California outdoor living. Located in the desirable Canyon Hills community, with convenient access to shopping, dining, schools, parks, and major transportation routes. Experience the views, the versatile floor plan, and resort-style living at 31922 Manzanita Lane!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 9,148 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $160.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Cottonwood Canyon Elementary School
Grades K-5 • 0.3 mi
5/10
Herk Bouris Elementary
Grades K-5 • 1.7 mi
6/10
Tuscany Hills Elementary School
Grades K-5 • 2.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,091 | 2,014.188 |
| Lot Size | 9,148 | 7,537.856 |
| Price | $849.0K | $605.8K |
| Price per sq ft | $275 | $297 |
| Built year | 2002 | 2005 |
| HOA | $160.0 | $143 |
| Days on market | 22 | 70 |
Pricing History
Listed for Sale
Oct 2, 2026
$849,000
Initial Listing
Sold
Aug 27, 2026
$824,000
Public Record
Sold
Jul 30, 2002
$323,500
Public Record