32068 Meadow Wood, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 3 bed, 3 bath
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Lake Elsinore, California 92532
This Versatile Single-Family Residence is a Strong Value Opportunity, listed at $585,000—positioned well below the $590,201 Fair Market Value by 0.88%. This valuation gap offers $5,201 in Instant Equity. With a Condition Rating of 4, the home features Luxury Vinyl Plank Flooring and a Flexible Floor Plan with potential for 5 bedrooms. Located in the Canyon Hills Community with access to Top-Rated Schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32068 Meadow Wood Subject | $585,000* List Price | 3 | 3 | 2,456 | $240 | - |
A 33561 Cedar Creek Lane Sold | $525,000 | 3 | 3 | 2,116 | $248 | 0.5 mi |
B 33496 Cedar Creek Sold | $579,000 | 3 | 3 | 2,118 | $273 | 0.2 mi |
C 31952 Cedarhill Lane Sold | $682,000 | 5 | 3 | 2,902 | $235 | 0.3 mi |
D 31934 Hollyhock Street Sold | $609,900 | 3 | 3 | 2,117 | $288 | 0.3 mi |
E 34234 Parkside Drive Sold | $545,000 | 4 | 3 | 1,767 | $308 | 0.6 mi |
F 32509 Sprucewood Active | $640,000 List Price | 4 | 3 | 2,647 | $242 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the home falls into the >20y category. While it features recent luxury vinyl plank flooring and is well-maintained, the kitchen and bathrooms remain dated with original honey-oak cabinetry and Corian countertops. The primary systems and aesthetic finishes are reaching the age where minor updates and preventative maintenance are required.
The home offers exceptional flexibility with a downstairs den and a large upstairs loft that can easily be converted into a 4th and 5th bedroom, catering to growing families or remote work needs.
Situated in the award-winning Canyon Hills master-planned community, residents enjoy access to three pools, extensive sports parks, hiking trails, and playgrounds, significantly enhancing lifestyle value.
The property features modern luxury vinyl plank flooring, 9-foot ceilings, crown molding, and an epoxy-coated garage floor, providing a polished, move-in-ready aesthetic for new owners.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2456, other record living area = 2284.
At 4,792 square feet, the lot is relatively small for a home of this size, which may limit outdoor recreational space or privacy compared to other detached residences in the area.
While functional and durable, the Corian countertops may be viewed as a dated feature by modern buyers who typically prefer granite or quartz surfaces in this price bracket.
Welcome to this stunning two-story home in the award-winning master-planned community of Canyon Hills! Currently offering three bedrooms, this spacious and versatile floor plan has the potential for up to five bedrooms. The downstairs den is ideal for a fourth bedroom, home office, or playroom, while the generous upstairs loft could easily be converted into an additional bedroom. Inside, you will find 9-foot ceilings, luxury vinyl plank flooring throughout the downstairs, crown molding in the living room, a cozy fireplace, and hardwired surround sound. The kitchen features durable Corian countertops and opens to the inviting living spaces, creating a comfortable layout for both everyday living and entertaining. The primary suite offers a relaxing retreat with Vinyl flooring in the bathroom and Jacuzzi tub. Additional highlights include an insulated garage door, epoxy-coated garage floor, and a convenient utility sink in the garage. Step outside to a relaxing backyard with stunning views, charming garden area, an outdoor sink, and a storage shed. It is the perfect setting for peaceful mornings, outdoor dining, or unwinding at the end of the day. Canyon Hills residents enjoy access to three community pools, an expansive sports park, scenic hiking trails, playgrounds, and incredible community events throughout the year. This home offers the space, flexibility, beautiful outdoor living, and neighborhood amenities you have been searching for!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.4 mi
Grades K-5 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,456 | 1,973 |
| Lot Size | 4,792 | 6,970 |
| Price | $585.0K | $601.5K |
| Price per sq ft | $238 | $293 |
| Built year | 2002 | 2004 |
| HOA | $160.0 | $146 |
| Days on market | 6 | 64 |
Jul 16, 2026
$585,000
Initial Listing
Oct 18, 2002
$266,500
Public Record