34289 Hickory, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 4 bed, 3 bath
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Lake Elsinore, California 92532
This Spacious Single-Family Residence is a Prime Investment Opportunity, listed at $625,000—positioned well below the $639,773 Fair Market Value by 2%. This valuation gap offers $14,773 in Instant Equity. Featuring a Condition Rating of 3, the home includes a brand-new main water line and a versatile floor plan with a downstairs bedroom. Located in the Canyon Hills community, it offers resort-style amenities and proximity to Lake Elsinore Unified schools. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34289 Hickory Subject | $625,000* List Price | 4 | 3 | 2,434 | $263 | - |
A 34232 Sweet Acacia Court Sold | $645,000 | 4 | 3 | 2,108 | $306 | 0.3 mi |
B 34137 Camelina Sold | $638,000 | 4 | 3 | 2,133 | $299 | 0.4 mi |
C 36228 Pursh Sold | $630,000 | 4 | 3 | 2,326 | $271 | 0.4 mi |
D 34072 Corktree Sold | $649,900 | 4 | 3 | 2,543 | $256 | 0.6 mi |
E 34261 Canyon Rim Sold | $610,000 | 3 | 3 | 2,108 | $289 | 0.2 mi |
F 35477 Suncrest Sold | $741,500 | 4 | 3 | 2,960 | $251 | 0.6 mi |
G 34073 Corktree Sold | $651,000 | 4 | 3 | 2,650 | $246 | 0.7 mi |
H 32365 Whispering Willow Sold | $675,000 | 4 | 3 | 3,242 | $208 | 0.8 mi |
I 34273 Torrey Pines Court Active | $635,000 List Price | 5 | 3 | 2,434 | $261 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 20-year-old property is well-maintained and move-in ready. The kitchen and bathrooms are functional with granite-style counters and clean cabinetry. The home features a brand-new main water line and solar panels, indicating proactive maintenance of systems.
The layout includes a highly desirable full bedroom and bathroom on the main floor, perfect for multi-generational living, guests, or a dedicated home office.
Situated in Canyon Hills, the property offers access to resort-style amenities including multiple pools, parks, sports courts, and playgrounds, enhancing the lifestyle value.
The installation of a brand-new main water line provides significant peace of mind and reduces potential immediate maintenance costs for the incoming buyer.
While elementary and middle schools are nearby, the assigned high school is located over six miles away, which may be a drawback for families with older children.
The $160 monthly association fee, while providing great amenities, increases the fixed monthly carrying costs compared to nearby non-HOA communities.
Welcome to 34289 Hickory Lane, a beautifully maintained 4-bedroom, 3-bathroom home located in the highly sought-after Canyon Hills community of Lake Elsinore. Offering 2,434 square feet of thoughtfully designed living space on a generous 7,405 square foot lot, this home combines comfort, functionality, and an unbeatable neighborhood. Step inside to discover an open-concept floor plan featuring soaring ceilings, abundant natural light, and a spacious kitchen complete with a large center island, ample cabinetry, and plenty of counter space—perfect for everyday living or entertaining. The flexible layout includes a full bedroom and bathroom downstairs, ideal for guests, multi-generational living, or a home office. Upstairs, you’ll find a generously sized loft that provides additional living space for a media room, playroom, or office, along with a dedicated laundry room for added convenience. The expansive primary suite serves as a private retreat and features a spacious en-suite bathroom with dual walk-in closets, giving everyone plenty of storage. Outside, the oversized backyard offers endless possibilities for entertaining, relaxing, or creating your dream outdoor space. Additional highlights include a brand-new main water line, giving buyers added peace of mind. Living in Canyon Hills means enjoying an exceptional lifestyle with access to resort-style pools, parks, sports courts, playgrounds, and expansive greenbelts, all while being conveniently located near shopping, dining, schools, and freeway access. This is an opportunity you won’t want to miss.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.1 mi
Grades K-5 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,434 | 1,973 |
| Lot Size | 7,405 | 6,970 |
| Price | $625.0K | $601.5K |
| Price per sq ft | $257 | $293 |
| Built year | 2006 | 2004 |
| HOA | $160.0 | $146 |
| Days on market | 6 | 64 |
Jul 16, 2026
$625,000
Initial Listing
Oct 8, 2010
$215,000
Public Record