33256 Wride, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
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33256 Wride
Lake Elsinore, California 92530
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,544Sq Ft
4,792Lot Size
Property Price
LIST PRICE$475,000
EST. MARKET VALUE
$474,765
SUMMARY
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $475,000—positioned well below the $474,766 Fair Market Value by 0%. While the property is priced at market, its Condition Rating of 4 indicates a need for cosmetic modernization, offering significant upside for value-add renovations. Featuring a versatile floor plan, 3-car garage, and Lake/Mountain views, the home provides a solid foundation for forced appreciation. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build equity through strategic updates.
Estimated Market Value
$474,765
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 |
|---|---|---|---|---|---|---|
★ 33256 Wride Subject | $475,000* List Price | 3 | 2 | 1,544 | $307 | - |
A 33124 Case Sold | $430,000 | 3 | 2 | 1,200 | $358 | 0.3 mi |
B 33111 Baldwin Boulevard Sold | $450,000 | 5 | 1 | 1,400 | $321 | 0.5 mi |
C 17657 Hayes Sold | $488,000 | 3 | 2 | 1,300 | $375 | 0.5 mi |
D 17616 Sutherland Sold | $435,000 | 2 | 2 | 1,152 | $378 | 0.6 mi |
E 33070 Lorimer Active Under Contract | $340,000 List Price | 4 | 2 | 1,157 | $294 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1985 (39 years old), the home is functional but significantly dated. The kitchen and bathrooms feature older cabinetry and fixtures that appear to be 20-30 years old. While the listing mentions upgraded windows, the interior requires cosmetic modernization and the exterior shows heavy clutter, fitting the criteria for a dated property needing updates.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Floor Plan
The home features a highly functional layout including a main-floor bedroom and full bathroom, making it ideal for multigenerational living, guests, or a home office.
- Scenic Views & Prime Lot
Situated on a desirable corner lot, the property offers beautiful views of Lake Elsinore and the surrounding mountains, significantly enhancing its curb appeal and atmosphere.
- Enhanced Utility and Storage
The inclusion of a spacious 3-car garage and upgraded windows provides significant practical value, ample storage, and improved energy efficiency for the homeowner.
CONSRISKS & DEFICIENCIES
- Potential Renovation Needs
The description's emphasis on 'potential' and 'personal touches' suggests the interior may require cosmetic updates or modernization to meet contemporary standards.
- Limited Outdoor Space
With a lot size of 4,792 square feet, the yard may feel constrained once accounting for the 3-car garage footprint and the abundance of fruit trees, limiting recreational area.
About 33256 Wride
Welcome to 33256 Wride in Lake Elsinore! Situated on a desirable corner lot, this spacious home offers a versatile floor plan, beautiful lake views, and endless potential for its next owner. The home features 3 bedrooms and 3 full bathrooms, including a convenient main-floor bedroom and full bathroom—ideal for guests, multigenerational living, or a home office. Upstairs, enjoy a spacious living area with views of Lake Elsinore, along with two generously sized bedrooms. Additional highlights include upgraded windows, a 3-car garage, and a yard filled with an abundance of fruit trees. With plenty of space, a functional layout, and the opportunity to add your own personal touches, this home is ready for its next chapter. Come see the potential and make it your own!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 4,792 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 | 1,544 | 1,997.676 |
| Lot Size | 4,792 | 7,302.624 |
| Price | $475.0K | $602.7K |
| Price per sq ft | $308 | $299 |
| Built year | 1985 | 2005 |
| HOA | $0 | $146 |
| Days on market | 13 | 65 |
Pricing History
Listed for Sale
Aug 27, 2026
$475,000
Initial Listing
Sold
Jul 6, 2001
$108,000
Public Record
Sold
Feb 5, 1999
$67,500
Public Record
Sold
Nov 15, 1994
$90,000
Public Record