33206 Churchill, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 3 bath
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Lake Elsinore, California 92530
This property presents a High-Potential Investment Opportunity with a List Price of $485,000—positioned well below the $499,967 Fair Market Value by 2%. This valuation gap offers $14,967 in Instant Equity. Featuring Dual Primary Suites, new Solar Panels, and a Fair Condition Rating, the home offers significant flexibility for multi-generational living. While the lot is compact, the interior versatility and energy efficiency provide a solid foundation for value-add improvements. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a functional, adaptable residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33206 Churchill Subject | $485,000* List Price | 4 | 3 | 1,698 | $294 | - |
A 17640 Brightman Active | $495,000 List Price | 2 | 2 | 1,512 | $327 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is over 30 years old. While it features some functional updates like solar panels, recessed lighting, and white cabinetry, the exterior siding appears weathered and the interior photos show dated wood paneling and older window fixtures. It fits the 'Fair' criteria as a functional, lived-in home that requires cosmetic modernization and minor repairs.
The rare floorplan features primary suites on both the main and upper floors, offering exceptional flexibility for multi-generational living or enhanced guest privacy.
The inclusion of new solar panels provides a significant value-add, helping to reduce monthly utility costs in the warm Lake Elsinore climate.
Vaulted beamed ceilings and a large bonus room—convertible to a 5th bedroom or office—provide a spacious feel and adaptable living options.
At 3,920 square feet, the lot is relatively compact for a four-bedroom home, which may limit outdoor recreational space for some buyers.
The local school district ratings range from 3 to 5, which may be a drawback for families prioritizing high-performing educational scores.
4 bed, 3 bath home with new Solar Panels, a spacious and open floorplan, recessed lights, and 2 primary suite bedrooms (1 upstairs, and 1 downstairs). Enter into the living room with ceiling fan and tile flooring. The living room flows into the kitchen with wood laminate, white cabinetry, and large center island with breakfast bar seating. There are 2 bedrooms on the main floor with 1 primary suite offering a private ensuite and a secondary bedroom as well as a guest bathroom. Upstairs you are greeted by beautiful vaulted beamed ceilings as well as a large bonus room a bonus bar/office space/5th bedroom option, another secondary bedroom, and there is a 2nd primary bedroom also with private ensuite offering a jetted soaking tub and dual sink vanity. Enjoy the fully-fenced backyard with covered patio and detached garage, there is also low maintenance mulch and rockscaping.
No exterior & parking available.
Grades K-8 • 1.2 mi
Grades 6-8 • 5.4 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,698 | 1,973 |
| Lot Size | 3,920 | 6,970 |
| Price | $485.0K | $601.5K |
| Price per sq ft | $286 | $293 |
| Built year | 1987 | 2004 |
| HOA | $0 | $146 |
| Days on market | 21 | 64 |
Jul 1, 2026
$485,000
Initial Listing