33374 Riverside Drive Lot 55 Lot 55, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
33374 Riverside Drive Lot 55 Lot 55
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 33374 Riverside Drive Lot 55 Lot 55, Lake Elsinore, California 92530 reveals a Fairly Priced Property with a current list price of $569,000 aligned with the estimated $582,474 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 33374 Riverside Drive Lot 55 Lot 55 Subject | $569,000* List Price | 2 | 2 | 1,758 | $331 | - |
A 15325 Darnell Dr Lot 62 Lot 62 Sold | $570,507 | 3 | 2 | 1,569 | $364 | 0.0 mi |
B 15219 Laguna Ave Sold | $639,000 | 4 | 3 | 1,941 | $329 | 0.2 mi |
C 15300 Darnell Dr Lot 77 Lot 77 Sold | $626,086 | 3 | 2 | 1,758 | $356 | 0.1 mi |
D 33300 Dayspring Ct Lot 39 39 Sold | $655,098 | 3 | 2 | 1,941 | $338 | 0.1 mi |
E 15276 Darnell Dr Lot 79 Lot 79 Sold | $586,189 | 3 | 2 | 1,569 | $374 | 0.1 mi |
F 32921 Middlegate Sold | $551,610 | 4 | 3 | 2,021 | $273 | 0.6 mi |
G 15294 Highland Park Court Active | $610,000 List Price | 3 | 2 | 1,758 | $347 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property is a brand new construction with a 'year_built' of 2026, indicating it is either just completed or will be soon. The description highlights it as a 'pristine, modern home with the latest building standards, energy efficiency, and builder warranties.' The provided image, likely a rendering or model home photo, shows a contemporary exterior. All systems, finishes, and features are expected to be new, meeting current quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Brand New Construction
The property is a 2026 build, offering buyers a pristine, modern home with the latest building standards, energy efficiency, and builder warranties, minimizing immediate maintenance concerns.
- Single-Story Living
This design provides universal appeal, offering ease of access, convenience, and a desirable layout for various demographics, including those seeking accessibility or a simpler lifestyle.
- Versatile Den Space
The inclusion of a dedicated den significantly enhances the home's functionality, providing flexible space for a home office, hobby room, media center, or potential guest area.
CONSRISKS & DEFICIENCIES
- Recurring Association Fees
The monthly association fee of $120 adds a recurring cost to homeownership, which can impact a buyer's overall budget and affordability.
- Limited Bedroom Count
With only two dedicated bedrooms, the property may not cater to larger families or buyers who require more private sleeping quarters, potentially narrowing the target market.
- Price Point for Bedroom Count
While a new build, the list price of $569,815 for a two-bedroom home, even with a den, might be perceived as a higher entry point for some buyers when considering the number of dedicated bedrooms.
About 33374 Riverside Drive Lot 55 Lot 55
Experience convenience and style in Alder Plan 1 at Echo Highlands. This single-story home features two bedrooms, two baths, a versatile den, and a spacious two-bay garage. With thoughtfully designed features throughout, it offers a perfect blend of comfort and functionality.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2026
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $120.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 8% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,758 | 1,857 | 44% |
| Lot Size | - | 7,841 | 3% |
| Price | $569.0K | $590.0K | 39% |
| Price per sq ft | $324 | $319 | 51% |
| Built year | 2026 | 2004 | 100% |
| HOA | $120.0 | $0 | 56% |
| Days on market | 32 | 193 | 2% |
Pricing History
Listed for Sale
Feb 28, 2026
$569,000
$569,815
+0% Price Increase
Initial Listing
Price Change
Feb 7, 2026
$569,815
$563,500
+1% Price Increase
Initial Listing
Price Change
Feb 3, 2026
$563,500
Initial Listing