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

32912 Ethlene Drive, Lake Elsinore, California 92530 home-pic-0
ACTIVE UNDER CONTRACT$649,000$2,395/sqft
Est. Value: $652,464
%
FairlyEstimate
32912 Ethlene Drive, Lake Elsinore, California 92530
4Beds
5Baths
2,395Sqft
3,485Lot

Price Vs. Estimate

The estimated value ($652,463.82) is $3,463.82 (0%) lower than the list price ($649,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive & Meticulous Remodel: The property has undergone a comprehensive and detailed remodel, including a newer roof, Jeld-Wen windows, updated drywall, fresh paint, modern wiring, quartz countertops, and stainless appliances, ensuring a move-in ready condition.
Top Cons:
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.

Compared to the nearby listings

Price:$649.0K vs avg $587.6K (+$61,405.5)74%
Size:2,395 sqft vs avg 1,888.5 sqft74%
Price/sqft:$271 vs avg $32026%

More Insights

Built in 1938 (88 years old).
Condition: Despite being built in 1938, this property has undergone an extensive and meticulous renovation, as detailed in the description and clearly visible in the images. It features new or virtually new components throughout, including a newer roof, Jeld-Wen windows, updated drywall, fresh paint, modern wiring, quartz countertops, sleek laminate and tiled flooring, and stainless steel appliances in both kitchens. The bathrooms are also updated with modern vanities and fixtures. The coffered ceilings and crown molding add a high-quality finish. The property is essentially a newly renovated home, meeting current quality standards with no deferred maintenance, qualifying it for an 'Excellent' rating.
Year Built
1938
Close
-
List price
$649K
Original List price
$649K
Price/Sqft
$271
HOA
$75
Days on market
-
Sold On
-
MLS number
SW25279407
Home ConditionExcellent
Features
Good View: Hills, Lake, Neighborhood, Peek-A-Boo
Deck
ViewHills, Lake, Neighborhood, Peek-A-Boo

About this home

Welcome to 32912 Ethlene Dr, a beautifully remodeled Craftsman-style single-family residence with a hills and peek-a-boo lake view, that seamlessly blends modern upgrades with timeless charm. This expansive property boasts an impressive 4 bedrooms, 4 bathrooms, and has been expertly transformed into two self-contained units, making it ideal for multi-generational living or rental potential. The open floor plan allows for a bright and airy living space, highlighted by exquisite, coffered ceilings and crown molding, adding an extra layer of elegance to the home. The entire house has been wired for modern convenience, and the interior has been freshly painted, including all four bedrooms and the living room, giving it a clean and contemporary look. The heart of the home features stunning quartz countertops, complemented by sleek laminate flooring and tiled kitchens and baths, creating a modern and durable living space. Each of the two kitchens is handsomely outfitted with stainless appliances and equipped for ease of cooking and entertainment. Two laundry rooms provide added convenience. Outside, you'll find three charming porches perfect for enjoying the outdoors. A spacious 30’ deck with a shed and covering offers additional outdoor living space, ideal for relaxing or entertaining. The property also includes extensive hardscape/landscape with dirt removal, ensuring the yard is ready for whatever you vision. The home is surrounded by a 90’ fence for privacy, with a 140’ retainer wall on two sides, ensuring security and structural integrity. The exterior of the property is wrapped in sturdy, painted Hardie board siding, completing the Craftsman aesthetic and ensuring long-term durability. With a newer roof, newer Jeld-Wen windows, updated drywall, and a meticulous remodel throughout, this property is truly ready for its new owner. Don’t miss out on this exceptional opportunity to own a beautifully updated, spacious home in the desirable Lake Elsinore area.

A
Allison Bjoin
Listing Agent

Price History

Date
Event
Price
02/17/05
Sold
$175,000
Condition Rating
Excellent
Despite being built in 1938, this property has undergone an extensive and meticulous renovation, as detailed in the description and clearly visible in the images. It features new or virtually new components throughout, including a newer roof, Jeld-Wen windows, updated drywall, fresh paint, modern wiring, quartz countertops, sleek laminate and tiled flooring, and stainless steel appliances in both kitchens. The bathrooms are also updated with modern vanities and fixtures. The coffered ceilings and crown molding add a high-quality finish. The property is essentially a newly renovated home, meeting current quality standards with no deferred maintenance, qualifying it for an 'Excellent' rating.
Pros & Cons

Pros

Extensive & Meticulous Remodel: The property has undergone a comprehensive and detailed remodel, including a newer roof, Jeld-Wen windows, updated drywall, fresh paint, modern wiring, quartz countertops, and stainless appliances, ensuring a move-in ready condition.
Versatile Multi-Generational/Income Potential: Expertly transformed into two self-contained units with two kitchens and two laundry rooms, offering ideal flexibility for multi-generational living or potential rental income.
Charming Craftsman Aesthetic with Modern Elegance: Blends timeless Craftsman-style architecture with modern upgrades, featuring coffered ceilings, crown molding, and durable Hardie board siding, enhancing its curb appeal and interior sophistication.
Desirable Views & Ample Outdoor Living: Offers hills and peek-a-boo lake views, complemented by three charming porches and a spacious 30’ deck with a shed and covering, providing diverse options for outdoor enjoyment and entertaining.
Enhanced Privacy and Structural Integrity: Features a 90’ privacy fence and a 140’ retainer wall, contributing to a secure and structurally sound property with a well-defined perimeter.

Cons

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.
Age of Original Construction (1938): While extensively remodeled, the home's original construction year of 1938 may raise concerns for some buyers regarding potential underlying infrastructure issues or higher insurance premiums associated with older properties.
Absence of Central Air Conditioning: The property description does not mention a central cooling system, which could be a significant comfort drawback during Lake Elsinore's hot summer months and may require additional investment.
Limited Lot Size: With a lot size of 3485 sqft, the property offers relatively limited outdoor green space, which might not appeal to buyers seeking a larger yard for recreation or extensive gardening.
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