32912 Ethlene Drive, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 5 bath

32912 Ethlene Drive
Lake Elsinore, California 92530
Property Price
SUMMARY
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1938, the property has undergone an extensive and comprehensive professional renovation within the last few years. The interior features modern quartz countertops, designer-tiled kitchens and bathrooms, and premium stainless steel appliances. Significant structural and exterior upgrades, including a newer roof, high-efficiency Jeld-Wen windows, and Hardie board siding, ensure the home meets current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Versatility
The property is expertly configured into two self-contained units, providing an exceptional opportunity for rental income or a turnkey solution for multi-generational living.
- Comprehensive Structural Upgrades
Significant investments have been made beyond aesthetics, including a newer roof, high-efficiency Jeld-Wen windows, Hardie board siding, and a 140-foot retaining wall for enhanced durability.
- Modernized Craftsman Charm
The interior preserves its 1938 architectural soul with sophisticated coffered ceilings and crown molding, complemented by modern quartz countertops and designer-tiled finishes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Lot Size
At just 3,485 square feet, the lot is relatively compact for a 2,395-square-foot home, which may restrict buyers looking for expansive yard space or large-scale outdoor recreation.
- Obstructed Lake Views
While the property offers water vistas, they are described as 'peek-a-boo' views, which may be a drawback for buyers specifically seeking panoramic or unobstructed lake frontage.
About 32912 Ethlene Drive
Welcome to 32912 Ethlene Dr, a beautifully remodeled Craftsman-style residence where timeless architectural soul meets modern style. Located in Lake Elsinore with peek-a-boo lake views, this expansive 4-bedroom, 4.5 bathroom home has been expertly transformed into two self-contained units. This visionary layout offers unparalleled flexibility, making it the ultimate sanctuary for multi-generational living or a savvy opportunity for rental income. Inside, the open-concept floor plan is flooded with natural light, highlighting exquisite coffered ceilings and crisp crown molding that add a layer of sophisticated drama to the airy living spaces. Every inch of the interior has been freshly painted and modernized, featuring stunning quartz countertops, sleek laminate flooring, and designer-tiled kitchens and baths. Both kitchens are handsomely outfitted with premium stainless steel appliances, while dual laundry rooms ensure total convenience and independence for both levels of the home. The transformation of this property goes far beyond aesthetics, focusing on long-term durability and structural integrity. The exterior is wrapped in sturdy, painted Hardie board siding, complemented by a newer roof and high-efficiency Jeld-Wen windows. Significant investment has been made into the grounds, including extensive hardscaping, professional dirt removal, and a 140’ retaining wall on two sides to ensure a secure and level foundation for your landscaping dreams. For those who love the Southern California lifestyle, the outdoor living spaces are unmatched. Enjoy quiet mornings on one of three charming porches, or host sunset gatherings on the large deck. Surrounded by a 90’ privacy fence, this turnkey home offers the perfect blend of comfort and style. Don’t miss this rare opportunity to own a meticulously updated, income-capable home near the lake.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1938
- Lot Size
- 3,485 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $75.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 98% |
| Square foot | 2,395 | 1,868 | 74% |
| Lot Size | 3,485 | 7,841 | 7% |
| Price | $649.0K | $595.0K | 74% |
| Price per sq ft | $271 | $319 | 27% |
| Built year | 1938 | 2004 | 4% |
| HOA | $75.0 | $0 | 55% |
| Days on market | 58 | 193 | 5% |
Pricing History
Listed for Sale
Jan 8, 2026
$649,000
Initial Listing
Sold
Feb 17, 2005
$175,000
Public Record





















































