
Lake Elsinore, California 92530
This Remodeled View Property is a Strong Value Opportunity, listed at $649,950—positioned well below the $701,006 Fair Market Value by 7%. This valuation gap provides $51,056 in Instant Equity. The home features a Modern Interior Remodel with an Excellent Condition Rating, complemented by Panoramic Lake and Canyon Views. The massive 18,731 sq ft lot offers significant ADU Potential for future expansion within the Lake Elsinore Unified district. This is an ideal acquisition for Owner-Occupants seeking a turnkey sanctuary or Buy-and-Hold Investors looking to capitalize on the expansive lot.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33330 Zellar Street Subject | $649,950* List Price | 3 | 2 | 1,280 | $548 | - |
A 32983 Garner Rd Active | $600,000 List Price | 2 | 2 | 946 | $634 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it to current quality standards. The kitchen features modern green cabinetry, stone countertops, and stainless steel appliances, while the bathrooms have been fully updated with contemporary tile work and fixtures. With new flooring, recessed lighting, and fresh paint throughout, the interior is in like-new condition despite the 1978 build year.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18731, living area = 1280.
The property features exceptional, unobstructed views of Lake Elsinore and the surrounding canyons, providing a serene and high-value backdrop for residents.
Sitting on an impressive 18,731 sq ft lot, the property offers significant privacy and the rare opportunity to construct an ADU for rental income or multi-generational living.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
At 1,280 sq ft for a three-bedroom layout, the interior living space is relatively compact, which may feel restrictive for larger families or those needing more storage.
Originally built in 1978, the property may have aging underlying systems or structural elements that require ongoing maintenance despite the recent cosmetic renovations.
Welcome to 33330 Zellar St in Lake Elsinore! A beautifully remodeled 3-bedroom, 2-bath home set on an expansive 18,731 sq ft lot with stunning, panoramic lake and canyon views that will leave you speechless. From the moment you arrive, you’ll notice the long private driveway and abundant parking, offering both convenience and a sense of privacy that’s hard to find. Inside, the home has been thoughtfully upgraded with modern finishes, creating a fresh, move-in-ready space that feels both stylish and welcoming. But the true highlight? The views. Enjoy incredible, unobstructed sights of the lake paired with scenic canyon surroundings, offering the perfect blend of tranquility and natural beauty. Whether it’s morning coffee or sunset evenings, the backdrop here is simply unforgettable. The expansive lot opens the door to endless possibilities, including potential for an ADU, ideal for additional income, extended living, or long-term value. Living in Lake Elsinore means embracing an active outdoor lifestyle. Spend your weekends boating, jet skiing, and fishing, or explore nearby trails and scenic viewpoints, all just minutes from home. Conveniently located near the 74 and 15 freeways for easy commuting, while still enjoying a peaceful setting. Close to shopping, dining, and entertainment, including the Lake Elsinore Outlets. FHA and VA buyers are welcome. With modern upgrades, a massive lot, breathtaking views, and a prime location, this home truly has it all. Opportunities like this don’t come around often, come see it before it’s gone!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 46% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,280 | 1,924 | 14% |
| Lot Size | 18,731 | 7,510 | 91% |
| Price | $650.0K | $595.0K | 71% |
| Price per sq ft | $508 | $310 | 97% |
| Built year | 1978 | 2004 | 16% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 195 | 2% |
Mar 30, 2026
$649,950
Initial Listing
Nov 2, 2023
$519,000
Public Record
Dec 4, 2015
$210,000
Public Record
Sep 11, 2000
$129,000
Public Record