32838 Sandalwood Lane, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 5 bed, 3 bath

32838 Sandalwood Lane, Lake Elsinore, California 92530 home-pic-0
ACTIVE UNDER CONTRACT$650,000$2,749/sqft
Est. Value: $660,538
1%
FairlyEstimate
32838 Sandalwood Lane, Lake Elsinore, California 92530
5Beds
3Baths
2,749Sqft
6,970Lot

Price Vs. Estimate

The estimated value ($660,538.16) is $10,538.16 (1%) lower than the list price ($650,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Updates & Move-In Ready: The home is described as 'move-in ready' with recent updates including new wood flooring, plush carpeting, fresh paint, a new water heater (2023), and a new AC unit (2020), minimizing immediate buyer expenses.
Top Cons:
MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.

Compared to the nearby listings

Price:$650.0K vs avg $587.6K (+$62,405.5)75%
Size:2,749 sqft vs avg 1,888.5 sqft88%
Price/sqft:$236 vs avg $3208%

More Insights

Built in 2004 (22 years old).
Condition: This property, built in 2004, is 20 years old, placing it at the edge of the 'Good' category based on age. However, the listing explicitly states it's 'move-in ready' and 'freshly updated' with new wood flooring, plush carpeting, and fresh paint. Key systems like the water heater (2023) and AC unit (2020) are very recent, and a powerful solar system adds significant value. The kitchen features modern stainless steel appliances and white cabinets, though the tiled countertops are a slightly older style, preventing an 'Excellent' rating. Bathrooms are clean and functional with updated fixtures. Overall, the property shows minimal wear and tear, with major systems well within their expected lifespan and recent cosmetic and functional updates.
Year Built
2004
Close
-
List price
$650K
Original List price
$639K
Price/Sqft
$236
HOA
$66
Days on market
-
Sold On
-
MLS number
CV25227965
Home ConditionGood
Features
Good View: Hills, Mountain(s)
Spa
Patio
ViewHills, Mountain(s)

About this home

Don't Miss Out – This Move-In Ready Gem -Won't Last Long in Lake Elsinore's Hot Market! Act fast before competition heats up! Discover your ultimate entertainer's paradise. A stunning 5/6-bedroom, 3-bathroom home with flexible downstairs bonus room (ideal as 6th bedroom, office, or gym), and prime location near Southern California's largest natural lake. Freshly updated with new wood flooring, plush carpeting, fresh paint, cozy gas fireplace, walk-in butler's pantry, and powerful solar system for ultra-low electricity bills all year long. New water heater installed 2023 and AC 3.5 ton condensing unit installed 2020. Resort-style backyard boasts covered patio with extended concrete added (wired for fans/lights), custom BBQ island with sink/fridge, private Jacuzzi under gazebo, dual sheds, and prepped for easy pool installation. **RV/Boat parking** with dump station and 100-amp sub-panel behind shed, gate separation, perfect for camping or launching on the lake for boating, jet skiing, fishing, or water sports. Extended driveway fits 6 cars; upgraded garages with A/C, outlets, sub-panels, 2 Car garage has 220-amp panel for electric vehicles and wall AC unit. Third garage easily convertible to JADU- Jr Accessory Dwelling Unit with a 50-amp subpanel. Enjoy this beautiful home near Lake Elsinore's thrilling lifestyle features: skydiving, hiking trails, motocross, parks, and endless outdoor adventures. Your move-in ready oasis awaits – schedule a viewing today!

B
Baldwin Lopez
Listing Agent

Nearby schools

3/10
Lakeland Village School
Public,K-80.4mi
6/10
Canyon Lake Middle School
Public,6-84.7mi
5/10
Lakeside High School
Public,9-124.0mi

Price History

Date
Event
Price
01/22/04
Sold
$283,500
Condition Rating
Good

This property, built in 2004, is 20 years old, placing it at the edge of the 'Good' category based on age. However, the listing explicitly states it's 'move-in ready' and 'freshly updated' with new wood flooring, plush carpeting, and fresh paint. Key systems like the water heater (2023) and AC unit (2020) are very recent, and a powerful solar system adds significant value. The kitchen features modern stainless steel appliances and white cabinets, though the tiled countertops are a slightly older style, preventing an 'Excellent' rating. Bathrooms are clean and functional with updated fixtures. Overall, the property shows minimal wear and tear, with major systems well within their expected lifespan and recent cosmetic and functional updates.
Pros & Cons

Pros

Extensive Updates & Move-In Ready: The home is described as 'move-in ready' with recent updates including new wood flooring, plush carpeting, fresh paint, a new water heater (2023), and a new AC unit (2020), minimizing immediate buyer expenses.
Exceptional Outdoor Entertainment & Utility: The resort-style backyard features a covered patio, custom BBQ island with sink/fridge, private Jacuzzi, dual sheds, and is prepped for easy pool installation, offering significant entertainment value.
Superior Vehicle & RV Accommodation: Includes dedicated RV/Boat parking with a dump station and 100-amp sub-panel, an extended driveway for 6 cars, and upgraded garages with A/C, outlets, sub-panels, and a 220-amp panel for electric vehicles.
ADU Potential & Flexible Living Space: The third garage is easily convertible to a Jr Accessory Dwelling Unit (JADU) with a 50-amp subpanel, offering potential for rental income or multi-generational living, alongside a flexible downstairs bonus room.
Energy Efficiency & Cost Savings: A powerful solar system is installed, promising ultra-low electricity bills all year long, which is a significant long-term financial benefit for homeowners.

Cons

MLS Listing Discrepancy: Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Middle School Rating: One of the nearby middle schools, Lakeland Village School (K-8), has a rating of 3, which might be a concern for families prioritizing highly-rated educational institutions.
Lack of Direct Lake View/Access: Despite being in Lake Elsinore and promoting lake activities, the property description and view details (Hills, Mountain(s)) do not indicate direct lake views or access, which some buyers might expect.
Recent Price Increase: The list price has recently increased from the original list price ($639,000 to $650,000), which could suggest a competitive market or less room for buyer negotiation.
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