
Lake Elsinore, California 92532
This Spacious Multi-Generational Home is a Strong Value Opportunity, listed at $699,900—positioned well above the $691,467 Fair Market Value. While the list price reflects a premium, the property offers significant utility through its private built-in apartment with a separate entrance and dedicated HVAC. Featuring a gourmet kitchen with waterfall stone countertops and a Condition Rating of 3, the home is move-in ready. Located near top-rated schools and Canyon Hills resort-style amenities, this property is an ideal fit for Owner-Occupants seeking flexible living or multi-generational families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 31954 Flowerhill Drive Subject | $699,900* List Price | 4 | 3 | 2,829 | $243 | - |
A 32365 Whispering Willow Sold | $675,000 | 4 | 3 | 3,242 | $208 | 0.6 mi |
B 31922 Manzanita Lane Sold | $824,000 | 5 | 3 | 3,527 | $234 | 0.2 mi |
C 32547 Bramble Court Sold | $662,500 | 3 | 3 | 2,862 | $231 | 0.5 mi |
D 31893 Vinewood Court Sold | $750,000 | 5 | 3 | 3,391 | $221 | 0.3 mi |
E 31920 Cedarhill Sold | $680,000 | 5 | 4 | 2,630 | $259 | 0.3 mi |
F 35595 Desert Rose Way Sold | $722,500 | 4 | 3 | 3,060 | $236 | 1.0 mi |
G 31860 Willow Wood Court Sold | $875,000 | 4 | 3 | 3,397 | $258 | 0.5 mi |
H 31926 Hyacinth Court Pending | $689,900 List Price | 5 | 3 | 2,902 | $238 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2002 (22 years old), the home exceeds the 'Fair' rating due to significant recent renovations, specifically the gourmet kitchen featuring modern waterfall stone countertops and stainless steel appliances. The property is well-maintained with updated wood-look flooring and a private ADU with its own HVAC system, making it fully functional and move-in ready.
The property features a rare, private built-in apartment with a separate entrance, living area, and dedicated HVAC, perfect for rental income or extended family.
The home showcases a gourmet kitchen with high-end waterfall stone countertops and a spacious open layout that includes a bonus room and formal dining area.
Offers breathtaking panoramic hill views and is situated within walking distance to top-rated schools and resort-style community amenities.
With 75 days on the market and multiple price reductions from the original $765,000, the property may be facing challenges with buyer perception or local market saturation.
Built in 2002, the home is reaching an age where significant maintenance or replacement of original systems like the roof or water heater may soon be necessary.
Absolutely stunning 4-bedroom, 3-bath home located in the highly desirable Canyon Hills community, offering a tranquil setting and breathtaking panoramic hill views from the backyard. This beautifully maintained home features incredible curb appeal with low-maintenance artificial turf in both the front and back yards, creating a clean and inviting outdoor space. One of the standout features is the private, built-in apartment with its own separate entrance—complete with a living room, bedroom, full bathroom, and dedicated heating and air conditioning—perfect for multi-generational living, guests, or potential rental income. Inside, the home showcases a gourmet kitchen with a large center island and elegant waterfall stone countertops, opening to a spacious layout that includes a formal living room, dining area, separate family room, and an upstairs bonus room for added flexibility. The primary suite offers a private retreat with a separate shower and soaking tub, walk-in closet, and its own balcony to enjoy the peaceful surroundings and scenic views. Located within walking distance to both Cottonwood Canyon Elementary School, a well-rated local school, and Canyon Lake Middle School, this home combines comfort, functionality, and convenience in one exceptional property. This is truly a must-see. Enjoy resort-style living in the highly desirable Canyon Hills community, offering an impressive array of amenities including multiple sparkling pools and spas, beautifully maintained parks, and scenic walking and biking trails. Residents have access to well-appointed recreation centers, BBQ and picnic areas, playgrounds, and sports courts, creating the perfect blend of relaxation and active lifestyle. With community events and thoughtfully designed open spaces, Canyon Hills delivers a true neighborhood feel with something for everyone.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 1.6 mi
Grades K-5 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,829 | 1,997.676 |
| Lot Size | 8,276 | 7,302.624 |
| Price | $699.9K | $602.7K |
| Price per sq ft | $247 | $299 |
| Built year | 2002 | 2005 |
| HOA | $130.0 | $146 |
| Days on market | 158 | 65 |
Jun 18, 2026
$699,900
$749,900
-7% Price Drop
Initial Listing
Jun 5, 2026
$749,900
$765,000
-2% Price Drop
Initial Listing
Apr 4, 2026
$765,000
Initial Listing
Jun 26, 2019
$430,000
Public Record
Mar 18, 2015
$296,000
Public Record
Apr 8, 2005
$510,000
Public Record
Dec 23, 2002
$339,000
Public Record