32859 Fairmont, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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Lake Elsinore, California 92530
This Spacious Single Family Residence represents a High-Potential Investment Opportunity, listed at $620,000—positioned well above the $547,534 Fair Market Value by -13%. While the property requires cosmetic updates to its Fair Condition Rating of 4, the 2,322 square foot layout and potential RV parking provide significant value-add flexibility. Located near Lakeland Village School, this home offers a functional floor plan for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior modernization and personalization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32859 Fairmont Subject | $620,000* List Price | 4 | 3 | 2,322 | $236 | - |
A 32927 Sandal Wood Lane Sold | $570,000 | 3 | 3 | 2,749 | $207 | 0.1 mi |
B 32838 Sandalwood Lane Sold | $656,000 | 5 | 3 | 2,749 | $239 | 0.1 mi |
C 32816 Autumn Wood Cir Sold | $595,000 | 3 | 2 | 1,770 | $336 | 0.1 mi |
D 18930 Applewood Active Under Contract | $629,000 List Price | 5 | 3 | 2,364 | $266 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004 (22 years old), the home is well-maintained but features original, dated finishes. The kitchen contains oak-style cabinetry and white tile countertops typical of the early 2000s, and the carpet and fixtures show their age. While functional, it requires cosmetic updates to meet modern standards.
Boasting 2,322 square feet with four bedrooms and a dedicated den, the floor plan offers excellent flexibility for home offices or multi-generational living.
The fully cemented backyard provides a durable, low-maintenance space perfect for large-scale entertaining, complemented by the high-value addition of potential RV parking.
The property is exceptionally well-located for families, situated just 0.3 miles from Lakeland Village School, ensuring a short and convenient commute.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Unlike many properties in the Lake Elsinore area that offer lake or mountain vistas, this home has no designated views, which may affect its competitive positioning.
The assigned public schools carry modest ratings (3/10 and 5/10), which could be a drawback for buyers specifically seeking top-tier educational districts.
Beautifully maintained home featuring 4 bedrooms, 2.5 bathrooms, and a versatile den. This spacious floor plan includes a family room, formal dining room, and a large living room—perfect for hosting gatherings and special occasions. Enjoy the beautifully cemented backyard, offering plenty of space for barbecues, outdoor entertaining, and parties. Conveniently located near schools, shopping, and other everyday amenities. Potential RV parking adds extra flexibility and value. Don't miss this opportunity—come see this wonderful home and make an offer before it's gone! Schedule your showing today!
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 6-8 • 4.7 mi
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,322 | 1,928 | 75% |
| Lot Size | 7,405 | 7,022 | 51% |
| Price | $620.0K | $595.0K | 63% |
| Price per sq ft | $267 | $306 | 26% |
| Built year | 2004 | 2002 | 53% |
| HOA | $70.0 | $0 | 57% |
| Days on market | 14 | 161 | 2% |
Jun 2, 2026
$620,000
Initial Listing
May 15, 2013
$220,000
Public Record
Mar 25, 2013
$153,000
Public Record
Aug 4, 2004
$310,500
Public Record