33510 Cedar Creek Lane, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 4 bed, 3 bath
33510 Cedar Creek Lane
Lake Elsinore, California 92532
Property Price
SUMMARY
Analysis of 33510 Cedar Creek Lane, Lake Elsinore, California 92532 reveals a Fairly Priced Property with a current list price of $518,000 aligned with the estimated $516,099 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 33510 Cedar Creek Lane Subject | $518,000* List Price | 4 | 3 | 2,118 | $244 | - |
A 33803 Mossy Glen Sold | $562,000 | 4 | 3 | 1,911 | $294 | 0.1 mi |
B 33513 Cedar Creek Lane Sold | $535,000 | 3 | 3 | 1,703 | $314 | 0.0 mi |
C 33561 Cedar Creek Lane Active | $549,000 List Price | 3 | 3 | 2,116 | $259 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 2005, making it 19 years old. While functional, the kitchen features dated oak cabinets, white tile countertops, and older white appliances (except for a stainless steel refrigerator). Bathrooms also show dated oak vanities and vinyl flooring. The overall aesthetic, particularly in the kitchen and bathrooms, is outdated and would require cosmetic updates to meet current buyer preferences, aligning with the 'fair' condition criteria of being aged but maintained, with major components functional but showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Family-Oriented Community
Located in a 'great family neighborhood' within Cedar Creek in Canyon Hills, offering a strong sense of community and appeal to families.
- Desirable Community Amenities
Residents benefit from access to a community pool, hot tub, and playground, enhancing lifestyle and recreational opportunities.
- Spacious & Functional Layout
A two-story home with 4 bedrooms and 2.5 baths across 2118 sqft, featuring a primary bedroom with dual closets and a deck, and a 4th bedroom with a walk-in closet, catering well to family needs.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
The lot size of 3484.8 sqft is relatively small for a 4-bedroom single-family home, potentially limiting outdoor living space.
- Multiple Price Reductions
The property has undergone several price reductions from its original list price, which may suggest a perceived overvaluation or extended market time.
- Potential for Cosmetic Updates
The description 'deserves a family to transform it into a HOME with your special touches' implies the property may require cosmetic updates or personalization to meet modern tastes, representing an additional investment for buyers.
About 33510 Cedar Creek Lane
Great family neighborhood nestled in Cedar Creek in Canyon Hills and priced to buy! Two story 4 Bedrooms with 2.5 baths at 2118 square feet. Primary bedroom has views of the surrounding hills from attached deck along with two closets. 4th bedroom has walk-in closet. Second bathroom has dual sinks and separated toilet. This house deserves a family to transform it into a HOME with your special touches. Enjoy the close by Community Pool, hot tub and playground. EZ access to schools, eateries, park, shopping and freeways.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2005
- Lot Size
- 3,484.8 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $175.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Cottonwood Canyon Elementary School
Grades K-5 • 0.3 mi
Herk Bouris Elementary
Grades K-5 • 1.2 mi
Tuscany Hills Elementary School
Grades K-5 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,118 | 2,541 | 35% |
| Lot Size | 3,484.8 | 7,405 | 4% |
| Price | $518.0K | $630.0K | 2% |
| Price per sq ft | $245 | $258 | 40% |
| Built year | 2005 | 2007 | 41% |
| HOA | $175.0 | $134 | 66% |
| Days on market | 155 | 183 | 35% |
Pricing History
Listed for Sale
Jan 29, 2026
$518,000
$524,000
-1% Price Drop
Initial Listing
Price Change
Nov 1, 2025
$524,000
$539,750
-3% Price Drop
Initial Listing
Price Change
Oct 3, 2025
$539,750
Initial Listing