32512 Wildomar, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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Lake Elsinore, California 92530
This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $469,900—positioned well below the $491,535 Fair Market Value by 4%. This valuation gap offers $21,635 in Instant Equity. The property features a Condition Rating of 3, boasting modern interior updates and solar energy efficiency. With a massive 9,148 sqft lot, it offers significant ADU potential for Buy-and-Hold Investors or first-time buyers seeking a well-connected, value-add asset in Lake Elsinore.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32512 Wildomar Subject | $469,900* List Price | 3 | 2 | 1,438 | $342 | - |
A 29311 Dugout Sold | $595,000 | 4 | 2 | 1,856 | $321 | 0.6 mi |
B 29428 Golden Glove Active Under Contract | $579,000 List Price | 3 | 2 | 1,739 | $333 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1948, the property has undergone significant recent renovations including updated kitchen cabinets, stone countertops, and new flooring throughout. The bathrooms have been refreshed, and the addition of solar panels indicates updated electrical components. It is move-in ready and well-maintained, fitting the criteria for a 5-15 year renovation cycle.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9148, living area = 1438.
The home features updated kitchen cabinetry, refreshed bathrooms, and new flooring throughout, providing a contemporary feel and reducing immediate renovation needs for buyers.
Boasting a generous 9,148 sqft lot, the property offers rare versatility for the area, including potential for an ADU, expansive gardening, or additional vehicle storage.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Originally constructed in 1948, the home's age may present challenges with older foundational or mechanical systems that often require more maintenance than newer builds.
Despite its proximity to the lake, the property lacks scenic views, which may limit its competitive edge compared to other homes in the Lake Elsinore market that offer mountain or water vistas.
Set in the heart of Lake Elsinore, this 3-bedroom, 2-bathroom home offers 1,435 square feet of comfortable living space. Located within an amazing area! The property benefits from convenient access to the I-15 freeway via Diamond Dr/Railroad Canyon, making commutes and trips around the Inland Empire straightforward. Wildomar Rd sits in a quieter pocket of Lake Elsinore while still keeping shopping, dining, and the lake itself just a short drive away. A solid opportunity for buyers looking to settle into a well-connected Lake Elsinore neighborhood. This house has updated cabinets inside the kitchen, updated and painted bathrooms, updated flooring throughout the home, and a huge lot to really use for anything you want! You can garden, you can use the lot for more parking, or you can use the lot to build an ADU! This possibilities are endless for this rare home on a massive lot! Solar! So much more to see in person! Come take a look!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,438 | 1,973 |
| Lot Size | 9,148 | 6,970 |
| Price | $469.9K | $601.5K |
| Price per sq ft | $327 | $293 |
| Built year | 1948 | 2004 |
| HOA | $0 | $146 |
| Days on market | 22 | 64 |
Jun 30, 2026
$469,900
Initial Listing
Jan 27, 2022
$433,000
Public Record
Nov 2, 2021
$262,000
Public Record