32574 Wildflower, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 3 bed, 3 bath
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Lake Elsinore, California 92532
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $540,000—positioned well below the $547,745 Fair Market Value by 1%. This valuation gap offers $7,745 in Instant Equity for the buyer. With a Condition Rating of 3, the home provides a solid foundation for cosmetic customization. Located in the Lake Elsinore Unified district with proximity to Canyon Lake Middle School, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build long-term wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32574 Wildflower Subject | $540,000* List Price | 3 | 3 | 1,911 | $287 | - |
A 33561 Cedar Creek Lane Sold | $525,000 | 3 | 3 | 2,116 | $248 | 0.2 mi |
B 33496 Cedar Creek Sold | $579,000 | 3 | 3 | 2,118 | $273 | 0.1 mi |
C 33720 Mistflower Court Sold | $550,000 | 3 | 3 | 1,712 | $321 | 0.1 mi |
D 34234 Parkside Drive Sold | $545,000 | 4 | 3 | 1,767 | $308 | 0.4 mi |
E 33581 Cedar Creek Sold | $589,000 | 3 | 3 | 1,712 | $344 | 0.2 mi |
F 34232 Sweet Acacia Court Sold | $645,000 | 4 | 3 | 2,108 | $306 | 0.5 mi |
G 31938 Honeysuckle Sold | $559,000 | 3 | 3 | 1,770 | $316 | 0.4 mi |
H 34236 Baja Court Sold | $580,000 | 4 | 3 | 1,954 | $297 | 0.7 mi |
I 32477 Silver Creek Active | $575,000 List Price | 3 | 3 | 1,911 | $301 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is 19 years old, placing it within the 10-20 year 'Good' category. The kitchen features functional but dated black appliances and original cabinetry. While the listing mentions a need for 'TLC' to build equity, the home appears well-maintained and move-in ready with systems likely nearing the end of their first life cycle.
Priced to reflect the need for cosmetic updates, this property offers a significant opportunity for investors or handy homeowners to build instant equity through strategic renovations.
Ideally situated in a desirable community with excellent proximity to the 15 Freeway, local shopping, and dining, plus walking distance to Canyon Lake Middle School.
Built in 2005, the home features a generous 1,911 square foot open floor plan with a functional kitchen and large living areas, providing a contemporary foundation for customization.
The property is noted as needing 'TLC,' implying immediate out-of-pocket expenses for repairs or upgrades will be necessary to bring the home to its full potential.
A monthly association fee of $178 adds to the ongoing cost of ownership, which may be a consideration for budget-conscious buyers compared to non-HOA neighborhoods.
Welcome to this spacious home located in the highly desirable community in Lake Elsinore! Offering approximately 1,911 square feet of comfortable living space, this 3-bedroom, 2.5-bath home features an open floor plan with generous living and dining areas, a functional kitchen, and a private backyard ready for your personal touch. This home presents a fantastic opportunity for buyers looking to build instant equity. It is priced to reflect that a little TLC is needed, making it the perfect canvas to customize to your own style without paying a premium for someone else's finishes. Whether you're a first-time homebuyer, investor, or simply looking for a home with great potential in an excellent neighborhood, convenient access to shopping, dining, and the 15 Freeway, this is an opportunity you won't want to miss. Bring your vision and make this home your own!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 1.1 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,911 | 1,973 |
| Lot Size | 4,356 | 6,970 |
| Price | $540.0K | $601.5K |
| Price per sq ft | $283 | $293 |
| Built year | 2005 | 2004 |
| HOA | $178.0 | $146 |
| Days on market | 13 | 64 |
Jul 9, 2026
$540,000
Initial Listing
Jan 31, 2020
$365,000
Public Record
Dec 31, 2015
$290,000
Public Record
Jul 7, 2011
$185,000
Public Record