32574 Wildflower, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 3 bed, 3 bath
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32574 Wildflower
Lake Elsinore, California 92532
ACTIVE UNDER CONTRACT
CONDITION: GOOD
3Beds
3Baths
1,911Sq Ft
4,356Lot Size
Property Price
LIST PRICE$515,000
EST. MARKET VALUE
$523,923
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $515,000—positioned well below the $523,923 Fair Market Value by 1%. This valuation gap offers $8,923 in Instant Equity for the buyer. The property maintains a Good Condition Rating and features a versatile downstairs bonus room. Located within the Lake Elsinore Unified district, it offers proximity to top-rated schools like Tuscany Hills Elementary. This is an ideal acquisition for Owner-Occupants seeking equity growth or first-time buyers prioritizing location.
Estimated Market Value
$523,923
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 |
|---|---|---|---|---|---|---|
★ 32574 Wildflower Subject | $515,000* List Price | 3 | 3 | 1,911 | $274 | - |
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 34163 Telma Drive Sold | $545,000 | 3 | 3 | 1,631 | $334 | 0.4 mi |
D 34261 Canyon Rim Sold | $610,000 | 3 | 3 | 2,108 | $289 | 0.6 mi |
E 34063 Corktree Road Sold | $600,000 | 3 | 3 | 2,133 | $281 | 0.8 mi |
F 33581 Cedar Creek Sold | $589,000 | 3 | 3 | 1,712 | $344 | 0.2 mi |
G 33720 Mistflower Court Sold | $550,000 | 3 | 3 | 1,712 | $321 | 0.1 mi |
H 34286 Canyon Rim Drive Sold | $580,500 | 4 | 3 | 2,434 | $238 | 0.7 mi |
I 32587 Winterberry Ln Active | $524,000 List Price | 3 | 3 | 1,880 | $279 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2005, this 19-year-old property fits the 10-20 year 'Good' criteria. The exterior is well-maintained and the interior bathroom shown is functional and clean, albeit with original builder-grade finishes. The listing suggests it is move-in ready while offering the opportunity for cosmetic updates to build equity.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Living Space
The 1,911 sqft floor plan includes a valuable downstairs bonus room, providing flexibility for a home office, guest suite, or playroom to suit modern lifestyle needs.
- Excellent School Proximity
The property is exceptionally well-located for families, situated just 0.15 miles from Canyon Lake Middle School and 0.32 miles from Cottonwood Canyon Elementary.
- Equity Building Potential
Following a major price improvement, this home is positioned as a prime opportunity for buyers to add personal touches and build equity in a desirable Lake Elsinore neighborhood.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 50 days on the market and two consecutive price reductions, the property may be facing buyer hesitation regarding its current condition or cosmetic appeal.
- Limited Lot Size
The 4,356 sqft lot is relatively compact for a single-family residence, which may limit outdoor entertaining space or privacy compared to larger neighboring parcels.
About 32574 Wildflower
MAJOR PRICE IMPROVEMENT! Don't miss this opportunity in Lake Elsinore! This spacious home offers approximately 1,911 square feet of living space with 3 bedrooms, 2.5 bathrooms, plus a versatile downstairs bonus room—perfect for a home office, playroom, guest space, or additional living area. The open and functional floor plan offers plenty of natural light and room to make the home your own. The spacious kitchen opens to the main living areas, making it ideal for everyday living and entertaining. Upstairs, you'll find generously sized bedrooms, including a comfortable primary suite with a private bath and ample closet space. This home is a great opportunity for buyers looking to add their own personal touches and build equity. Enjoy nearby parks, recreation, walking trails, shopping, dining, schools, and convenient freeway access. NEWLY IMPROVED PRICE—don't miss your chance to make this home yours! Schedule your private showing today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 4,356 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $178.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Cottonwood Canyon Elementary School
Grades K-5 • 0.3 mi
5/10
Herk Bouris Elementary
Grades K-5 • 1.1 mi
6/10
Tuscany Hills Elementary School
Grades K-5 • 2.9 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,911 | 1,997.676 |
| Lot Size | 4,356 | 7,302.624 |
| Price | $515.0K | $602.7K |
| Price per sq ft | $269 | $299 |
| Built year | 2005 | 2005 |
| HOA | $178.0 | $146 |
| Days on market | 62 | 65 |
Pricing History
Listed for Sale
Aug 27, 2026
$515,000
$525,000
-2% Price Drop
Initial Listing
Price Change
Jul 25, 2026
$525,000
$540,000
-3% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$540,000
Initial Listing
Sold
Jan 31, 2020
$365,000
Public Record
Sold
Dec 31, 2015
$290,000
Public Record
Sold
Jul 7, 2011
$185,000
Public Record