
Lake Elsinore, California 92530
This Spacious Single-Story Residence is a Strong Value Opportunity, listed at $515,000—positioned well below the $541,903 Fair Market Value by 4%. This valuation gap offers $26,903 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes an Open-Concept Floor Plan and a Large Landscaped Backyard with a Patio. Located in the Lake Elsinore Unified district, this property is an ideal acquisition for Owner-Occupants seeking long-term stability or first-time buyers prioritizing affordability and lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32843 Sandal Wood Subject | $515,000* List Price | 3 | 2 | 1,770 | $306 | - |
A 32816 Autumn Wood Cir Sold | $595,000 | 3 | 2 | 1,770 | $336 | 0.1 mi |
B 19018 Tule Way Sold | $530,000 | 3 | 2 | 1,416 | $374 | 0.6 mi |
C 18930 Applewood Sold | $610,000 | 5 | 3 | 2,364 | $258 | 0.9 mi |
D 18820 Applewood Pending | $545,000 List Price | 4 | 2 | 1,708 | $319 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this 20-year-old property is well-maintained and move-in ready. While the kitchen and appliances are original builder-grade and appear dated, the home features updated flooring in some areas and functional systems, placing it at the top end of the 'Good' category based on age and maintenance.
The home features a highly sought-after single-story floor plan with vaulted ceilings and an open-concept design, providing excellent accessibility and a spacious, airy feel.
With a competitive list price and exceptionally low HOA dues of $67 per month, this property offers significant long-term affordability for families and commuters.
The 6,970 sqft lot includes a beautifully landscaped backyard with a large patio and generous side yard, offering ample room for outdoor entertaining and privacy.
The property record indicates no specific views, which may be a drawback for buyers seeking the lake or mountain vistas common to the Lake Elsinore area.
The disclosure of virtually enhanced photography suggests that the current physical presentation may differ from the marketing images, requiring careful on-site verification of cosmetic condition.
Welcome to this beautifully maintained single-story home nestled in the desirable Optimum community of Lake Elsinore. Offering 3 spacious bedrooms, 2 bathrooms, and approximately 1,770 square feet of comfortable living space, this move-in-ready residence combines functionality, comfort, and pride of ownership. Step inside to discover an open-concept floor plan with vaulted ceilings, abundant natural light, and durable flooring throughout the main living areas. The spacious kitchen features abundant cabinetry, generous counter space, a center island with breakfast bar seating, and flows seamlessly into the dining area and inviting family room with a cozy fireplace—perfect for everyday living and entertaining. The private primary suite offers ample space to relax, while the additional bedrooms provide flexibility for family, guests, or a home office. A dedicated indoor laundry room and attached two-car garage add to the home's convenience. Outside, enjoy a large, beautifully landscaped backyard with an expansive patio, lush lawn, mature shade tree, and plenty of room for entertaining, play, or future outdoor enhancements. The generous side yard provides additional usable space and privacy. Located on a quiet street with low HOA dues, this home is conveniently close to parks, schools, shopping, dining, and easy freeway access, making it ideal for commuters and growing families alike. Don't miss the opportunity to own this exceptional Lake Elsinore home that offers the perfect blend of indoor comfort and outdoor living. Schedule your private showing today! **SOME PHOTOS HAVE BEEN VIRTUALLY ENHANCED. **
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 6-8 • 4.7 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,770 | 1,973 |
| Lot Size | 6,970 | 6,970 |
| Price | $515.0K | $601.5K |
| Price per sq ft | $291 | $293 |
| Built year | 2004 | 2004 |
| HOA | $67.0 | $146 |
| Days on market | 21 | 64 |
Jul 1, 2026
$515,000
Initial Listing
Mar 13, 2009
$170,000
Public Record
Jan 23, 2006
$420,000
Public Record
Jan 15, 2004
$241,500
Public Record