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32989 Pepper Dr, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath

32989 Pepper Dr, Lake Elsinore, California 92530 home-pic-0
ACTIVE$499,900
32989 Pepper Dr, Lake Elsinore, California 92530
3Beds
2Baths
968Sqft
3,049Lot
Year Built
1966
Close
-
List price
$500K
Original List price
$500K
Price/Sqft
$516
HOA
-
Days on market
-
Sold On
-
MLS number
SW25025606
Home ConditionGood
Features
Good View: Lake, Mountain(s)
ViewLake, Mountain(s)

About this home

Possibly Over-Priced:The estimated price is 55% below the list price. We found 3 Cons,5 Pros. Rank: price - $499.9K(15th), sqft - 968(3th), beds - 3(50th), baths - 2(50th).

Welcome to this charming 2-bedroom, 2-bathroom home, offering the perfect blend of comfort, convenience, and lakeside living. Located within a vibrant community, this home provides exclusive access to the lake, where you can easily park your boat or enjoy the serene surroundings of nearby parks. The bright, open-concept living space flows effortlessly into a modern kitchen with sleek tile floors, ideal for cooking and entertaining. The spacious primary bedroom includes an en-suite bath, while the second bedroom and additional full bath provide plenty of space for family or guests. Upstairs, a versatile room awaits, perfect for an office or guest retreat. A two-car garage adds practical storage, while the home’s prime location keeps you close to shopping, dining, and recreational activities. This property is an ideal choice for those seeking a relaxing yet connected lifestyle.

Condition Rating
Good
Despite being built in 1966, this property has undergone significant and recent renovations, making it move-in ready. The kitchen features updated dark shaker cabinets, granite countertops, stainless steel appliances (except for the refrigerator), and modern tile flooring. Bathrooms have updated vanities with granite tops and new flooring, though the shower inserts are basic. The main living areas boast contemporary large-format tile and recessed lighting, and the upstairs room has new wood-look laminate. The overall condition reflects a well-maintained home with updates likely within the last 5-15 years, aligning with 'Good' criteria.
Pros & Cons

Pros

Exclusive Lake Access: The property offers exclusive access to Lake Elsinore, including boat parking and proximity to parks, significantly enhancing its recreational appeal and lifestyle.
Scenic Views: Boasts desirable lake and mountain views, adding significant aesthetic value and desirability to the property.
Prime Location: Strategically located close to shopping, dining, and various recreational activities, offering convenience and a connected lifestyle.
Modernized Kitchen: Features a modern kitchen with sleek tile floors, providing an updated and functional space for cooking and entertaining.
Flexible Living Space: Includes a versatile upstairs room, ideal for use as an office, guest retreat, or potential third bedroom, adding functional flexibility.

Cons

Substantial Overpricing: The listing price of $499,900 is significantly higher than the estimated property value of $224,425, indicating a potential overvaluation of 55%.
Older Home Construction: Built in 1966, the property is an older home, which may suggest potential for outdated systems or require future maintenance beyond cosmetic updates.
Compact Size: With 968 sqft of living space and a 3,049 sqft lot, the property offers a relatively compact footprint, which might limit appeal for buyers seeking larger homes or outdoor areas.

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