32898 Sandal Wood, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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32898 Sandal Wood
Lake Elsinore, California 92530
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,770Sq Ft
7,841Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$553,046
SUMMARY
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $550,000—positioned well below the $553,047 Fair Market Value by 0.55%. This property offers $3,047 in Instant Equity. Featuring a Condition Rating of 3, the home includes a Granite Kitchen and a versatile open-concept floor plan on a generous 7,841 sqft lot. While school ratings vary, the home’s move-in ready status and flexible den make it an ideal choice for Owner-Occupants or first-time buyers seeking a stable, well-maintained sanctuary.
Estimated Market Value
$553,046
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 |
|---|---|---|---|---|---|---|
★ 32898 Sandal Wood Subject | $550,000* List Price | 3 | 2 | 1,770 | $312 | - |
A 33191 Dowman Street Sold | $576,000 | 4 | 3 | 1,627 | $354 | 0.7 mi |
B 18820 Applewood Sold | $560,000 | 4 | 2 | 1,708 | $328 | 0.8 mi |
C 18645 Grand Sold | $480,000 | 3 | 2 | 1,200 | $400 | 0.3 mi |
D 32850 Gregory Place Sold | $560,000 | 3 | 2 | 1,408 | $398 | 0.4 mi |
E 18974 Reindeer Active | $510,000 List Price | 3 | 2 | 1,416 | $360 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2004 (20 years old), the property is well-maintained and move-in ready. The kitchen features functional dark wood cabinetry, granite countertops, and stainless steel appliances that appear to be in good working order. While systems are likely original to the 20-year-old build, the home is described as turnkey and shows no signs of deferred maintenance in the living areas or exterior.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1770.
- Single-Story Versatility
The 1,770 sqft single-level floor plan features a flexible open-concept den that can easily serve as a third bedroom, catering to various lifestyle needs and accessibility preferences.
- Turnkey Condition
Built in 2004 and meticulously maintained, this move-in-ready home offers modern construction standards and an inviting, light-filled interior that minimizes immediate renovation costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Local School Ratings
The primary assigned K-8 school has a lower performance rating of 3, which may impact the property's long-term appreciation and appeal to education-focused families.
- Bedroom Configuration
The home is currently configured as a 2-bedroom with an open den; buyers requiring a true 3-bedroom layout will need to invest in construction to enclose the space for privacy.
About 32898 Sandal Wood
Stunning single-story gem in desirable Lake Elsinore! Welcome to this charming and beautifully maintained 2-bedroom plus den (optional 3rd bedroom), 2-bathroom home offering 1,770 square feet of comfortable, single-level living space. Built in 2004, this property features an inviting, open-concept floor plan designed for modern living, where a spacious main living area filled with natural light flows seamlessly into the kitchen and dining spaces. The versatile open-concept den is ideal for a home office, media room, or can easily be enclosed to serve as a traditional third bedroom to perfectly tailor the home to your lifestyle. The home features a private primary suite retreat complete with generous closet space and a dedicated en-suite bathroom. Situated on a peaceful lot in the desirable Lakeland Village area, the property offers plenty of room for outdoor relaxation, gardening, or weekend BBQs, all while being conveniently close to local schools, parks, shopping, and endless recreation near Southern California’s largest natural lake. Don’t miss out on this fantastic opportunity to own a turnkey home with incredible space flexibility. Schedule your private tour today!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2004
- Lot Size
- 7,841 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
Lake Elsinore Unified Schools
Lakeland Village School
Grades K-8 • 0.4 mi
3/10
Canyon Lake Middle School
Grades 6-8 • 4.7 mi
6/10
Lakeside High School
Grades 9-12 • 4.0 mi
5/10
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 | 1,770 | 1,997.676 |
| Lot Size | 7,841 | 7,302.624 |
| Price | $550.0K | $602.7K |
| Price per sq ft | $311 | $299 |
| Built year | 2004 | 2005 |
| HOA | $0 | $146 |
| Days on market | 2 | 65 |
Pricing History
Listed for Sale
Sep 7, 2026
$550,000
Initial Listing
Sold
Aug 23, 2011
$162,000
Public Record
Sold
Jan 22, 2004
$246,000
Public Record