32501 Sprucewood Way, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 4 bed, 3 bath
ACTIVE$669,800
32501 Sprucewood Way, Lake Elsinore, California 92532
4Beds
3Baths
2,862Sqft
10,454Lot
Price Vs. Estimate
The estimated value ($580,488.715) is $89,311.285 (13%) lower than the list price ($669,800). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Community Amenities: The property is nestled in the highly desirable Canyon Hills community, which typically offers resort-style amenities such as multiple swimming pools, parks, sports courts, a splash pad, and walking trails, enhancing lifestyle and appeal.
Top Cons:
Potential Overpricing: The listing price of $669,800 is significantly higher than the estimated property value of $580,488, indicating it may be overpriced by approximately 13% compared to market analytics.
Compared to the nearby listings
Price:$669.8K vs avg $630.0K (+$39,800)67%
Size:2,862 sqft vs avg 2,541 sqft75%
Price/sqft:$234 vs avg $25530%
More Insights
Built in 2003 (22 years old).
Condition: The property was built in 2003, making it 21 years old. While described as 'move-in ready,' the listing lacks specific details or images of recent modern upgrades to the kitchen and bathrooms. The property analysis also notes a 'Lack of Detailed Modern Upgrades' and that its age 'might imply a need for future updates or less modern features.' Without interior photos to confirm the condition and style of key areas, and given its age, it likely requires minor updates to meet current aesthetic standards, placing it in the 'Fair' category.
Year Built
2003
Close
-
List price
$670K
Original List price
$679K
Price/Sqft
$234
HOA
$134
Days on market
-
Sold On
-
MLS number
CV25102043
Home ConditionFair
Features
Good View: Mountain(s), Neighborhood
ViewMountain(s), Neighborhood
About this home
WELCOME HOME! YOUR GORGEOUS MOVE-IN READY HOME is nestled in the highly desirable community of Canyon Hills in Lake Elsinore.
Nearby schools
5/10
Cottonwood Canyon Elementary School
Public,•K-5•0.4mi
6/10
Herk Bouris Elementary
Public,•K-5•1.3mi
8/10
Tuscany Hills Elementary School
Public,•K-5•2.6mi
3/10
Railroad Canyon Elementary School
Public,•K-5•3.2mi
6/10
Canyon Lake Middle School
Public,•6-8•0.3mi
6/10
Menifee Valley Middle School
Public,•6-8•3.1mi
2/10
Pinacate Middle School
Public,•7-8•7.1mi
5/10
Elsinore High School
Public,•9-12•3.1mi
7/10
Paloma Valley High School
Public,•9-12•3.9mi
6/10
Temescal Canyon High School
Public,•9-12•5.9mi
Condition Rating
Fair
The property was built in 2003, making it 21 years old. While described as 'move-in ready,' the listing lacks specific details or images of recent modern upgrades to the kitchen and bathrooms. The property analysis also notes a 'Lack of Detailed Modern Upgrades' and that its age 'might imply a need for future updates or less modern features.' Without interior photos to confirm the condition and style of key areas, and given its age, it likely requires minor updates to meet current aesthetic standards, placing it in the 'Fair' category.
Pros & Cons
Pros
Desirable Community Amenities: The property is nestled in the highly desirable Canyon Hills community, which typically offers resort-style amenities such as multiple swimming pools, parks, sports courts, a splash pad, and walking trails, enhancing lifestyle and appeal.
Spacious Home and Lot Size: With 2,862 sqft of living space and a generous 10,454 sqft lot (over a quarter-acre), the property offers ample room for family living and outdoor activities.
Move-in Ready Condition: The property is described as a 'gorgeous move-in ready home,' suggesting it is well-maintained and requires minimal immediate investment from the buyer.
Favorable School Proximity: The home benefits from close proximity to well-rated schools, including Cottonwood Canyon Elementary (0.35 miles, rating 5) and Canyon Lake Middle School (0.31 miles, rating 6), which is attractive to families.
Pleasant Views: The property offers desirable Mountain(s) and Neighborhood views, contributing to a pleasant living environment.
Cons
Potential Overpricing: The listing price of $669,800 is significantly higher than the estimated property value of $580,488, indicating it may be overpriced by approximately 13% compared to market analytics.
Lack of Detailed Modern Upgrades: While described as 'move-in ready,' the listing lacks specific details about recent high-value renovations (e.g., updated kitchen/baths, new flooring, solar, pool) that are highlighted in several comparable sold properties, potentially making it less competitive.
Age of Property: Built in 2003, the property is older than some recently sold comparable homes in the area (e.g., 2008, 2011, 2012 builds), which might imply a need for future updates or less modern features compared to newer constructions.