32102 Poppy Way, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 4 bed, 4 bath
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32102 Poppy Way
Lake Elsinore, California 92532
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
4Baths
2,200Sq Ft
6,534Lot Size
Property Price
LIST PRICE$549,000
EST. MARKET VALUE
$550,123
SUMMARY
This 4-bedroom, 3.5-bathroom Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $549,000—positioned well below the $550,124 Fair Market Value by 0.2%. With a Condition Rating of 4, the property offers a functional 2,200 sqft layout on a quiet cul-de-sac, providing $1,124 in Instant Equity. While cosmetic updates are required, the proximity to local parks and schools makes this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a family-oriented community.
Estimated Market Value
$550,123
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 |
|---|---|---|---|---|---|---|
★ 32102 Poppy Way Subject | $549,000* List Price | 4 | 4 | 2,200 | $250 | - |
A 31920 Cedarhill Sold | $680,000 | 5 | 4 | 2,630 | $259 | 0.3 mi |
B 33561 Cedar Creek Lane Sold | $525,000 | 3 | 3 | 2,116 | $248 | 0.4 mi |
C 33720 Mistflower Court Sold | $550,000 | 3 | 3 | 1,712 | $321 | 0.4 mi |
D 31952 Cedarhill Lane Sold | $682,000 | 5 | 3 | 2,902 | $235 | 0.2 mi |
E 31938 Honeysuckle Sold | $559,000 | 3 | 3 | 1,770 | $316 | 0.3 mi |
F 32509 Sprucewood Active | $639,999 List Price | 4 | 3 | 2,647 | $242 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property is 22 years old (built 2002) and retains its original finishes, including dated oak cabinetry and vinyl flooring. While functional, the interior shows signs of wear with significant staining on the carpets and deferred maintenance on the landscaping and exterior stucco. It requires cosmetic updates and minor repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Family-Oriented Location
Situated on a quiet cul-de-sac in close proximity to a park and elementary school, making it an ideal and safe setting for families with children.
- Functional Floor Plan
The 2,200 sqft layout features four bedrooms and four bathrooms, offering exceptional privacy and flexibility for multi-generational living or home offices.
- Modern Construction
Built in 2002, the home offers contemporary building standards and systems compared to older inventory in the region, potentially reducing immediate maintenance needs.
CONSRISKS & DEFICIENCIES
- Monthly Carrying Costs
The $160 monthly association fee adds to the total cost of ownership, which may impact the monthly budget for price-sensitive buyers.
- Lack of Scenic Views
The property lacks any significant views, which may be a drawback for buyers specifically looking for the lake or mountain vistas common in the Lake Elsinore area.
About 32102 Poppy Way
This approximately 2,200 square foot house features four bedrooms and three and a half bathrooms. The property is located on a cul-de-sac in a community setting, in close proximity to a park and a nearby elementary school. The home offers ample living space, with a layout that can accommodate a variety of household configurations. The primary bedroom suite provides a private retreat, while the additional three bedrooms offer flexibility for guests, home offices, or other uses. The three and a half bathrooms ensure convenient access and functionality for the household. The community setting provides a sense of belonging and access to shared amenities. The close proximity to the park offers opportunities for outdoor recreation and leisure. The nearby elementary school may be of interest to families with school-aged children. Overall, this property presents a well-rounded living environment, with a balance of private and community-oriented features, catering to a wide range of residential needs and preferences.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2002
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 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 • 0.1 mi
5/10
Herk Bouris Elementary
Grades K-5 • 1.4 mi
6/10
Tuscany Hills Elementary School
Grades K-5 • 2.7 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,200 | 1,997.676 |
| Lot Size | 6,534 | 7,302.624 |
| Price | $549.0K | $602.7K |
| Price per sq ft | $250 | $299 |
| Built year | 2002 | 2005 |
| HOA | $160.0 | $146 |
| Days on market | 43 | 65 |
Pricing History
Listed for Sale
Jul 28, 2026
$549,000
Initial Listing
Sold
Jul 3, 2013
$255,000
Public Record
Sold
Jun 30, 2009
$207,000
Public Record
Sold
Aug 17, 2004
$400,000
Public Record
Sold
Jun 7, 2002
$230,500
Public Record