34 Corte Rivera, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 6 bed, 3 bath
Loading property details...
34 Corte Rivera
Lake Elsinore, California 92532
ACTIVE
CONDITION: FAIR
6Beds
3Baths
2,745Sq Ft
6,970Lot Size
Property Price
LIST PRICE$613,035
EST. MARKET VALUE
$631,340
SUMMARY
This Spacious 6-Bedroom Residence is a Prime Investment Opportunity, listed at $613,035—positioned well below the $631,340 Fair Market Value by 2%. This valuation gap offers $18,305 in Instant Equity for the buyer. With a Fair Condition Rating, the property provides a canvas for modernization while offering premium lifestyle features like an in-ground pool and panoramic views. Located in the Tuscany Hills community near top-rated schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$631,340
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 |
|---|---|---|---|---|---|---|
★ 34 Corte Rivera Subject | $613,035* List Price | 6 | 3 | 2,745 | $230 | - |
A 71 Villa Valtelena Sold | $649,900 | 5 | 3 | 2,733 | $238 | 0.8 mi |
B 19 Villa Milano Sold | $604,000 | 4 | 3 | 2,589 | $233 | 0.8 mi |
C 12 Via De La Valle Sold | $685,000 | 5 | 3 | 3,194 | $214 | 0.5 mi |
D 31771 Indian Spring Active | $649,999 List Price | 5 | 3 | 2,671 | $243 | 0.6 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 1996, this 30-year-old property falls into the 'Fair' category as it exceeds the 20-year mark with no mentioned renovations. While functional, the kitchen, bathrooms, and major systems (HVAC/Electric) are likely original and dated, requiring modernization and minor repairs to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Spacious Multi-Bedroom Layout
Featuring 6 bedrooms and nearly 2,800 sq. ft. of living space, this property offers a rare and flexible floor plan that is ideal for large families or multi-generational living.
- Premium Lot and Views
Situated on an elevated cul-de-sac, the home boasts a private in-ground pool and stunning panoramic mountain and neighborhood views, significantly enhancing its curb appeal and lifestyle value.
- Desirable Community Location
Located in the sought-after Tuscany Hills community, residents enjoy resort-style amenities and close proximity to the highly-rated Tuscany Hills Elementary School.
CONSRISKS & DEFICIENCIES
- High Density Lot Usage
The 6,970 sq. ft. lot may feel somewhat constrained as it accommodates a large 6-bedroom structure, a 3-car garage, and a pool, potentially limiting traditional backyard space.
- Recurring Association Costs
The $203 monthly HOA fee adds a significant recurring expense to the cost of ownership, which may be a consideration for budget-conscious buyers.
About 34 Corte Rivera
Welcome to Tuscany Hills living! Tucked away on a desirable cul-de-sac, this spacious 6-bedroom, 3-bath home offers approximately 2,745 sq. ft. of living space and a sought-after floor plan designed for flexible living. Situated on a 6,970 sq. ft. lot, the home features an attached 3-car garage, central air conditioning, natural gas heating, and an in-ground pool. Enjoy panoramic neighborhood, mountain, and surrounding area views from this elevated location. Built in 1996, this two-story residence is located within the Tuscany Hills community, known for its resort-style amenities and convenient access to shopping, dining, schools, recreation, and commuter routes. A rare opportunity to own one of the larger floor plans in this established neighborhood. Buyer to verify all information.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $203.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Tuscany Hills Elementary School
Grades K-5 • 1.0 mi
8/10
Railroad Canyon Elementary School
Grades K-5 • 1.2 mi
3/10
Cottonwood Canyon Elementary School
Grades K-5 • 2.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,745 | 1,997.676 |
| Lot Size | 6,970 | 7,302.624 |
| Price | $613.0K | $602.7K |
| Price per sq ft | $223 | $299 |
| Built year | 1996 | 2005 |
| HOA | $203.0 | $146 |
| Days on market | 27 | 65 |
Pricing History
Listed for Sale
Aug 13, 2026
$613,035
Initial Listing
Sold
Dec 24, 1996
$186,000
Public Record