33580 Landerville, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
ACTIVE$339,900$1,378/sqft
Est. Value: $291,668
-14%
AboveEstimate
33580 Landerville, Lake Elsinore, California 92530
3Beds
2Baths
1,378Sqft
3,920Lot
Price Vs. Estimate
The estimated value ($291,667.62) is $48,232.38 (14%) lower than the list price ($339,900). This property may be overpriced.
Key pros and cons
Top Pros:
Panoramic Lake View: The property offers a great panoramic lake view from the 2nd story deck, significantly enhancing its appeal and potential market value.
Top Cons:
Extensive Renovation Required: As a 'full remodel/fixer,' the property requires significant investment in time and capital for comprehensive renovations to meet modern standards and expectations.
Compared to the nearby listings
Price:$339.9K vs avg $586.0K ($-246,123.5)1%
Size:1,378 sqft vs avg 1,876 sqft18%
Price/sqft:$247 vs avg $32015%
More Insights
Built in 1980 (46 years old).
Condition: The property is explicitly marketed as a 'full remodel/fixer' and was built in 1980, indicating major systems are likely outdated. Images show a gutted kitchen with damaged cabinets and no appliances, and torn-up flooring, confirming that substantial repairs and rehabilitation are required throughout the property.
Year Built
1980
Close
-
List price
$340K
Original List price
$340K
Price/Sqft
$247
HOA
-
Days on market
-
Sold On
-
MLS number
SW26002152
Home ConditionPoor
Features
Good View: Lake
Deck
ViewLake
About this home
Full remodel/fixer available for sale before rehab starts next week. Great panoramic lake view from the 2nd story deck.
A
Adam Kutchuk
Listing Agent
Price History
Date
Event
Price
01/05/01
Sold
$120,500
Condition Rating
Poor
The property is explicitly marketed as a 'full remodel/fixer' and was built in 1980, indicating major systems are likely outdated. Images show a gutted kitchen with damaged cabinets and no appliances, and torn-up flooring, confirming that substantial repairs and rehabilitation are required throughout the property.
Pros & Cons
Pros
Panoramic Lake View: The property offers a great panoramic lake view from the 2nd story deck, significantly enhancing its appeal and potential market value.
Renovation Opportunity: Marketed as a 'full remodel/fixer,' this property provides an excellent opportunity for buyers to customize and add substantial value through renovation.
Pre-Rehab Acquisition Potential: Available for sale 'before rehab starts next week,' offering a unique chance for a buyer to acquire the property prior to renovation, potentially influencing the scope of work or securing a more favorable deal.
Competitive Entry Price: With a list price of $339,900 for a 3-bed, 2-bath fixer with a lake view, it presents a competitive entry point for investors or owner-occupants willing to undertake renovations.
Desirable Location Feature: Located in Lake Elsinore with a direct lake view, providing access to recreational activities and a scenic living environment.
Cons
Extensive Renovation Required: As a 'full remodel/fixer,' the property requires significant investment in time and capital for comprehensive renovations to meet modern standards and expectations.
Property Age: Built in 1980, the home is over 40 years old, suggesting that major systems (e.g., plumbing, electrical) and finishes may be original or outdated and likely require replacement or significant upgrades.
Data Inconsistency / Pre-Market Status: The 'on_market_date' and 'modified_timestamp' are listed in the future (2026), which is unusual for an 'Active' listing and may indicate a pre-market offering or a data entry error requiring clarification.