34 Corte Rivera, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 6 bed, 3 bath
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Lake Elsinore, California 92532
This property presents a High-Potential Investment Opportunity with a List Price of $645,300—positioned well below the $662,282 Fair Market Value by 2%. This valuation gap offers $16,982 in Instant Equity for buyers. Featuring a 6-bedroom floorplan and a Panoramic View, the home has a Fair Condition Rating, signaling a need for modernization. Located near the highly-rated Tuscany Hills Elementary, this is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term value through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34 Corte Rivera Subject | $645,300* List Price | 6 | 3 | 2,745 | $241 | - |
A 71 Villa Valtelena Sold | $649,900 | 5 | 3 | 2,733 | $238 | 0.8 mi |
B 31509 Canyon View Drive Sold | $596,000 | 5 | 4 | 2,880 | $207 | 0.7 mi |
C 25 Corte Lateuza Sold | $629,000 | 4 | 3 | 2,065 | $305 | 0.3 mi |
D 19 Villa Milano Sold | $604,000 | 4 | 3 | 2,589 | $233 | 0.8 mi |
E 12 Via De La Valle Sold | $685,000 | 5 | 3 | 3,194 | $214 | 0.5 mi |
F 1 Corte Rossa Sold | $615,000 | 4 | 3 | 2,065 | $298 | 0.2 mi |
G 59 Plaza Avila Sold | $830,000 | 4 | 4 | 3,404 | $244 | 0.8 mi |
H 21001 High Crest Drive Sold | $590,000 | 4 | 3 | 2,009 | $294 | 0.6 mi |
I 31771 Indian Spring Active | $675,000 List Price | 5 | 3 | 2,671 | $253 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1996, the property is 30 years old and reaches the threshold for 'Fair' condition. The listing description's focus on 'incredible potential' and the 'opportunity' rather than interior upgrades strongly suggests the kitchen, bathrooms, and systems are original and dated, requiring modernization and minor repairs.
The property is situated on a premium panoramic view lot, offering expansive vistas that significantly enhance the home's aesthetic appeal and long-term market value.
With six bedrooms and a convenient downstairs bedroom and full bath, the 2,745 sq ft layout is ideal for large families or multi-generational living arrangements.
Located in a quiet cul-de-sac within the coveted Tuscany Hills community, the home is less than a mile from the highly-rated Tuscany Hills Elementary School.
The listing's emphasis on 'incredible potential' suggests the 1996-built home may require cosmetic or functional upgrades to reach its full modern potential.
The $205 monthly association fee represents a mandatory recurring cost that buyers must factor into their total monthly debt-to-income considerations.
This property has incredible potential for a new owner. This 2745 sq ft home is located on a panoramic view lot within a cul-de-sac in the coveted Tuscany Hills community. The floorplan has 6 beds and 3 baths with a bed and bath downstairs. Don't miss out of this incredible opportunity!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.2 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,745 | 1,973 |
| Lot Size | 6,970 | 6,970 |
| Price | $645.3K | $601.5K |
| Price per sq ft | $235 | $293 |
| Built year | 1996 | 2004 |
| HOA | $205.0 | $146 |
| Days on market | 15 | 64 |
Jul 7, 2026
$645,300
Initial Listing
Dec 24, 1996
$186,000
Public Record