32015 Bourges, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
32015 Bourges
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 32015 Bourges, Lake Elsinore, California 92530 reveals a property with a current list price of $658,888, which is 15% above the estimated $568,138 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32015 Bourges Subject | $658,888* List Price | 4 | 3 | 2,234 | $254 | - |
A 15139 Camphor Way Sold | $650,000 | 4 | 3 | 1,901 | $342 | 0.1 mi |
B 15068 Christina Court Sold | $649,000 | 4 | 3 | 2,299 | $282 | 0.3 mi |
C 1036 Meadowlake Lane Sold | $615,000 | 4 | 4 | 2,408 | $255 | 0.9 mi |
D 15056 Heather Lane Sold | $650,000 | 4 | 3 | 2,299 | $283 | 0.3 mi |
E 3710 Concord Circle Sold | $580,000 | 4 | 2 | 1,588 | $365 | 0.5 mi |
F 15242 Washington Sold | $597,000 | 4 | 3 | 2,459 | $243 | 0.2 mi |
G 15158 Etienne Street Pending | $639,000 List Price | 5 | 3 | 2,305 | $277 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1996 and appears to be in mostly original condition. While the home is clean and well-maintained, the kitchen and bathrooms feature dated oak cabinetry, white tile countertops, and older white appliances typical of the mid-90s. The flooring is a mix of standard tile and carpet that shows some age. Per the criteria, it falls into the 'fair' category as it is nearly 30 years old with no major recent renovations, resulting in functional but outdated major components.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The rare layout features two bedrooms and a full bathroom on the main level, providing excellent flexibility for multigenerational living, guest accommodations, or a home office.
- Primary Suite Amenities
The spacious primary suite includes a private balcony and a walk-in closet, offering a secluded retreat with dedicated outdoor space and ample storage.
- Low-Maintenance Outdoor Living
The backyard is designed for relaxation with a covered patio and minimal upkeep requirements, ideal for homeowners who prefer leisure over intensive yard work.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property is noted as having no specific views, which may be a competitive disadvantage in a region like Lake Elsinore where mountain or water vistas are highly sought after.
- Aging Infrastructure
Built in 1996, the home is approaching a 30-year milestone, which may necessitate upcoming investments in major systems or cosmetic updates to align with modern buyer preferences.
About 32015 Bourges
Welcome to this beautifully designed 4 bedroom, 3 bathroom home in the heart of Lake Elsinore. With a rare and versatile floor plan, you'll find 2 bedrooms and a full bath conveniently located downstairs, perfect for guests, multigenerational living, or a home office setup. The living room features a cozy gas fireplace and flows seamlessly into the main living area, creating a warm and functional space for everyday living and entertaining. Upstairs offers 2 additional bedrooms and 2 full baths, including a spacious primary suite complete with a private balcony. The primary bathroom features a walk-in-closet. Step outside to a covered patio and low-maintenance backyard designed for relaxation without upkeep.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 8,712 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 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 | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,234 | 1,868 | 68% |
| Lot Size | 8,712 | 7,841 | 64% |
| Price | $658.9K | $595.0K | 77% |
| Price per sq ft | $295 | $319 | 40% |
| Built year | 1996 | 2004 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 193 | 1% |
Pricing History
Listed for Sale
Mar 3, 2026
$658,888
Initial Listing
Sold
Dec 11, 2008
$163,000
Public Record
Sold
Aug 28, 1996
$152,500
Public Record