33208 Gillette Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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33208 Gillette Street
Lake Elsinore, California 92530
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,283Sq Ft
6,089Lot Size
Property Price
LIST PRICE$499,000
EST. MARKET VALUE
$514,799
3% BelowMARKET VALUE
SUMMARY
This Turnkey Modern Farmhouse is a Strong Value Opportunity, listed at $499,000—positioned well below the $514,799 Fair Market Value by 3%. This valuation gap offers $15,799 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with a renovated kitchen and expansive deck, this home offers a serene lakefront lifestyle. It is an ideal acquisition for Owner-Occupants seeking a move-in ready sanctuary or first-time buyers looking for immediate value in the Lake Elsinore market.
Estimated Market Value
$514,799+$15,799 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33208 Gillette Street Subject | $499,000* List Price | 3 | 2 | 1,283 | $401 | - |
A 17430 Crawford Sold | $521,000 | 3 | 2 | 1,536 | $339 | 0.2 mi |
B 17657 Hayes Sold | $488,000 | 3 | 2 | 1,300 | $375 | 0.5 mi |
C 33580 Landerville Sold | $500,000 | 3 | 2 | 1,378 | $363 | 0.4 mi |
D 17622 Sutherland Sold | $490,000 | 3 | 3 | 1,268 | $386 | 0.5 mi |
E 17635 Nelson Avenue Sold | $401,700 | 3 | 2 | 886 | $453 | 0.5 mi |
F 17616 Sutherland Sold | $435,000 | 2 | 2 | 1,152 | $378 | 0.5 mi |
G 33089 Garner Sold | $515,000 | 3 | 2 | 1,628 | $316 | 0.7 mi |
H 17656 Brightman Sold | $405,000 | 2 | 1 | 858 | $472 | 0.6 mi |
I 33155 Adelfa Street Active | $495,000 List Price | 3 | 2 | 1,000 | $495 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1986, the property has undergone a comprehensive modern farmhouse renovation within the last 5 years. The kitchen is fully updated with contemporary cabinetry, hard-surface countertops, and modern appliances. The interior features new flooring and recessed lighting throughout, presenting in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Lakefront Location
The property offers direct access to lakefront living with serene views of Lake Elsinore, providing a premium lifestyle for outdoor and water enthusiasts.
- Modern Farmhouse Aesthetic
Recently updated with a modern farmhouse charm, the home features an open-concept layout, stylish kitchen with a farmhouse sink, and contemporary flooring throughout.
- Enhanced Outdoor Living
An expansive deck and generous concrete patio create a seamless indoor-outdoor flow, perfect for entertaining while enjoying the waterfront surroundings.
CONSRISKS & DEFICIENCIES
- Limited Interior Space
With 1,283 square feet for a three-bedroom layout, the interior living areas may feel somewhat constrained for buyers requiring more spacious accommodations.
- 1980s Infrastructure
Built in 1986, the property may require ongoing maintenance or updates to its original structural systems despite the modern cosmetic renovations.
About 33208 Gillette Street
Lakefront living with modern farmhouse charm! Welcome to this beautifully updated single-story home offering the perfect blend of comfort, style, and serene lakeside living. Featuring 3 bedrooms and 2 bathrooms, this light-filled home showcases an inviting open-concept floor plan with updated flooring and recessed lighting throughout. The stylish kitchen features crisp cabinetry, sleek hard-surface countertops, a farmhouse sink, and modern appliances, creating a beautiful space for everyday living and entertaining. The spacious living area is highlighted by a cozy fireplace and opens to the outdoors, where you can enjoy peaceful lake views from the expansive deck and generous concrete patio. The primary suite offers a private retreat with direct access to the side patio. The spacious rear yard provides plenty of room to relax, entertain, or create your own outdoor oasis. Additional features include an attached 2-car garage with direct home access and a desirable location offering easy access to lake activities, fishing, hiking, biking, and nearby amenities. A wonderful opportunity to enjoy the relaxed lifestyle of Lake Elsinore with beautiful waterfront surroundings right at home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1986
- Lot Size
- 6,089 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,283 | 1,997.676 |
| Lot Size | 6,089 | 7,302.624 |
| Price | $499.0K | $602.7K |
| Price per sq ft | $389 | $299 |
| Built year | 1986 | 2005 |
| HOA | $0 | $146 |
| Days on market | 2 | 65 |
Pricing History
Listed for Sale
Sep 7, 2026
$499,000
Initial Listing
Sold
Nov 13, 2025
$502,500
Public Record
Sold
Nov 16, 2022
$387,000
Public Record
Sold
Jan 24, 2013
$110,000
Public Record