32730 Royal Oak, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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32730 Royal Oak
Lake Elsinore, California 92530
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,500Sq Ft
6,534Lot Size
Property Price
LIST PRICE$585,000
EST. MARKET VALUE
$538,630
8% AboveMARKET VALUE
SUMMARY
This Single-Story Residence represents a Strong Value Opportunity, listed at $585,000—positioned well above the $538,631 Fair Market Value. While the property is priced at a premium, it offers a Condition Rating of 4, featuring a functional layout and a large private backyard with City Lights views. The home provides a stable foundation for buyers seeking a single-level floor plan in the Lake Elsinore Unified district. This property is an ideal acquisition for Owner-Occupants looking for a customizable space or first-time buyers prioritizing location and accessibility.
Estimated Market Value
$538,630
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 |
|---|---|---|---|---|---|---|
★ 32730 Royal Oak Subject 3 bd · 2 ba · 1,500 sqft · $359 | $585,000* List Price | 3 | 2 | 1,500 | $359 | - |
A 18820 Applewood Sold 4 bd · 2 ba · 1,708 sqft · $328 · 0.5 mi | $560,000 | 4 | 2 | 1,708 | $328 | 0.5 mi |
B 19250 Henshaw Court Sold 3 bd · 2 ba · 1,380 sqft · $414 · 0.2 mi | $572,000 | 3 | 2 | 1,380 | $414 | 0.2 mi |
C 32465 Beechwood Lane Sold 3 bd · 2 ba · 1,500 sqft · $364 · 0.2 mi | $546,000 | 3 | 2 | 1,500 | $364 | 0.2 mi |
D 19385 Stonewood Sold 3 bd · 2 ba · 1,304 sqft · $414 · 0.2 mi | $540,000 | 3 | 2 | 1,304 | $414 | 0.2 mi |
E 32795 Santa Cruz Sold 3 bd · 2 ba · 1,864 sqft · $289 · 0.3 mi | $539,000 | 3 | 2 | 1,864 | $289 | 0.3 mi |
F 32400 Somerset Sold 4 bd · 3 ba · 1,908 sqft · $291 · 0.7 mi | $555,000 | 4 | 3 | 1,908 | $291 | 0.7 mi |
G 19845 Silverwood Drive Sold 4 bd · 2 ba · 1,973 sqft · $289 · 0.4 mi | $570,000 | 4 | 2 | 1,973 | $289 | 0.4 mi |
H 18974 Reindeer Active 3 bd · 2 ba · 1,416 sqft · $360 · 0.5 mi | $510,000 List Price | 3 | 2 | 1,416 | $360 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1993, the home is over 30 years old but features some past updates like tile and laminate flooring. The kitchen and living areas are functional and move-in ready, but the property appears somewhat dated overall, and the exterior patio wood and backyard require minor repairs and landscaping.
PROSSTRENGTHS & OPPORTUNITIES
- Single-Story Accessibility
The highly desirable single-level floor plan offers excellent accessibility and broad market appeal, catering to everyone from first-time buyers to those looking to downsize.
- Private Outdoor Space
The property features a large, private backyard, providing a rare level of seclusion and ample space for outdoor entertaining or potential landscaping projects.
- Scenic City Views
The home offers beautiful city light views, which enhances the property's ambiance and provides a premium aesthetic value not found in all neighborhood homes.
CONSRISKS & DEFICIENCIES
- Dated Construction
Built in 1993, the home may require modern cosmetic updates or mechanical system upgrades to meet the standards of contemporary buyers.
- Compact Interior Layout
With 1,500 square feet split among three bedrooms, the living areas may feel somewhat constrained for families requiring larger communal spaces or a home office.
About 32730 Royal Oak
Beautiful single story home 3 bedrooms, 2 bathrooms, two car garage attached, large private backyard, fireplace in the living room,
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1993
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,500 | 2,014.188 |
| Lot Size | 6,534 | 7,537.856 |
| Price | $585.0K | $605.8K |
| Price per sq ft | $390 | $297 |
| Built year | 1993 | 2005 |
| HOA | $0 | $143 |
| Days on market | 43 | 70 |
Pricing History
Listed for Sale
Sep 12, 2026
$585,000
Initial Listing
Sold
Sep 5, 2025
$550,000
Public Record
Sold
Oct 29, 2009
$130,000
Public Record