32730 Royal Oak Lane, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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Lake Elsinore, California 92530
This Well-Maintained Single-Story Residence is listed at $545,000, reflecting a stabilized price point relative to its $479,733 Fair Market Value and recent area comparable sales. Boasting a Condition Rating of 4, the home features functional upgrades including a Granite Kitchen, tankless water heater, and durable tile flooring. The property offers a premium lifestyle experience with scenic Mountain Views, a private backyard with no rear neighbors, and the significant financial advantage of No HOA Fees. Located within the Lake Elsinore Unified district, this move-in ready home is an ideal match for first-time buyers or Owner-Occupants seeking a quiet, low-maintenance sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32730 Royal Oak Lane Subject | $545,000* List Price | 3 | 2 | 1,500 | $320 | - |
A 19018 Tule Way Sold | $530,000 | 3 | 2 | 1,416 | $374 | 0.4 mi |
B 18988 Reindeer Drive Sold | $489,000 | 3 | 2 | 1,289 | $379 | 0.5 mi |
C 32816 Autumn Wood Cir Sold | $595,000 | 3 | 2 | 1,770 | $336 | 1.0 mi |
D 32650 San Clemente Sold | $620,000 | 3 | 3 | 1,999 | $310 | 0.5 mi |
E 19250 Henshaw Court Pending | $549,999 List Price | 3 | 2 | 1,380 | $399 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1993, this property is well-maintained and move-in ready but shows clear signs of its age. While the kitchen features updated granite countertops and stainless steel appliances, it still has a dated fluorescent light box and older cabinetry. The bathrooms retain original tile countertops and older-style vanities. The home has received occasional updates rather than a full modern renovation, fitting the criteria for a property over 20 years old with functional but outdated components.
The absence of HOA fees significantly reduces monthly carrying costs, providing superior long-term value compared to many neighboring communities in the region.
The property features a desirable single-story layout with no rear neighbors, offering a private and quiet living environment that is highly sought after by buyers.
Equipped with a tankless water heater, granite countertops, and durable tile and wood flooring throughout, the home offers contemporary conveniences and low-maintenance living.
The property was recently sold within the past year on 2025-09-05. The sold price is $550,000.00.
Multiple price reductions since the initial listing suggest the property may have faced challenges with market positioning or initial overvaluation.
Built in 1993, the home is approaching a vintage where major systems such as the roof or HVAC may require inspection or upcoming capital investment.
Don't miss this opportunity to own this beautiful single-story home located in a quiet neighborhood and near shopping, schools, parks, the lake, and much more. This home features 3 bedrooms with one of the bedrooms offering the perfect space for an office, 2 full bathrooms, a 2-car attached garage, granite countertops in the kitchen, tankless water heater, high ceilings, tile flooring throughout the main living areas and wood flooring in the bedrooms, a cozy fireplace in the living room, a low maintenance front yard, and a lovely back yard with covered patio and mature trees for shade to enjoy those hot afternoons. And the best of all, no HOA fees and no rear neighbors. Let's make this your new home today!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,500 | 1,924 | 27% |
| Lot Size | 6,534 | 7,405 | 35% |
| Price | $545.0K | $595.0K | 29% |
| Price per sq ft | $363 | $310 | 76% |
| Built year | 1993 | 2004 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 195 | 13% |
Mar 9, 2026
$545,000
$560,000
-3% Price Drop
Initial Listing
Feb 5, 2026
$560,000
$585,000
-4% Price Drop
Initial Listing
Jan 26, 2026
$585,000
Initial Listing
Sep 5, 2025
$550,000
Public Record
Oct 29, 2009
$130,000
Public Record