33040 Maiden, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 3 bath
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Lake Elsinore, California 92530
Analysis of 33040 Maiden, Lake Elsinore, California 92530 is currently available with a list price of $650,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1900 and held by the same owners for over 40 years, the home is significantly dated and requires a full rehab. While there are minor updates like a mini-split HVAC unit and a basic bathroom refresh, the overall structure, weathered exterior, and dilapidated outbuildings indicate the need for major system overhauls and modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 50094, living area = 1331.
The property sits on over 1.15 acres of flat, usable land with beautiful lake views, offering rare space and privacy for the area.
Zoned C-1/C-P, this property provides unique future flexibility for commercial opportunities while currently serving as a primary residence.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The home is not in turnkey condition and requires significant updating and modernization to reach its full potential.
Originally built in 1900, the structure likely requires substantial investment in core systems and renovations to meet contemporary living standards.
Rare opportunity to own a truly unique Lake Elsinore property situated on approximately 1.15 acres of flat, usable land with beautiful lake views and room to spread out. The property features a 3-bedroom, 2.5 -bath home, a large swimming pool, and expansive outdoor space perfect for entertaining, recreation, or simply enjoying the peaceful surroundings. While the home is not a turnkey property and could benefit from updating and personal touches, it has been a wonderful residence for the current owners for more than 40 years and has provided decades of cherished memories. Bring your imagination, vision, and creativity to unlock this property’s full potential. With the right improvements, this could become one of the most distinctive and desirable properties in the area. Conveniently located near Grand Avenue and surrounded by open parcels, the property offers both privacy and accessibility. As an added bonus, the property is commercially zoned (C-1/C-P), providing future flexibility and potential opportunities for the next owner while allowing you to enjoy it today as your primary residence.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 48% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,331 | 1,920 | 20% |
| Lot Size | 50,094 | 7,022 | 99% |
| Price | $650.0K | $595.0K | 74% |
| Price per sq ft | $488 | $307 | 97% |
| Built year | 1900 | 2002 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 161 | 2% |
May 27, 2026
$650,000
Initial Listing