35178 Fennel Lane, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 4 bed, 3 bath
35178 Fennel Lane
Lake Elsinore, California 92532
Property Price
SUMMARY
Analysis of 35178 Fennel Lane, Lake Elsinore, California 92532 reveals a Fairly Priced Property with a current list price of $689,000 aligned with the estimated $690,725 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 |
|---|---|---|---|---|---|---|
★ 35178 Fennel Lane Subject | $689,000* List Price | 4 | 3 | 2,259 | $306 | - |
A 34305 Deergrass Sold | $695,000 | 5 | 3 | 2,680 | $259 | 0.2 mi |
B 36213 Pursh Drive Sold | $644,900 | 4 | 2 | 1,906 | $338 | 0.3 mi |
C 36262 Pursh Drive Sold | $735,000 | 4 | 4 | 2,774 | $265 | 0.4 mi |
D 34162 34162 Camelina Sold | $656,000 | 4 | 3 | 2,293 | $286 | 0.3 mi |
E 34185 Pinnata Court Sold | $585,000 | 3 | 2 | 1,760 | $332 | 0.3 mi |
F 36380 Lantana Court Sold | $650,000 | 4 | 3 | 2,502 | $260 | 0.7 mi |
G 36377 Verbena Road Active | $685,000 List Price | 4 | 3 | 2,355 | $291 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This property, built in 2014, is exactly 10 years old and presents in excellent, turn-key condition. The description highlights 'fresh interior paint' and 'well-maintained,' which is evident in the images. The kitchen features modern dark cabinetry, granite countertops, and stainless steel appliances that appear virtually new. Bathrooms are clean, bright, and functional with contemporary white vanities and tile surrounds. The home boasts modern light wood-look flooring throughout, recessed lighting, and ceiling fans. All components meet current quality standards with no visible deferred maintenance, aligning perfectly with the 'Excellent' criteria for a property built within the last 10 years.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Views
The property boasts stunning panoramic views including beautiful sunsets, fireworks shows, snow-capped mountains, and city lights directly from the backyard.
- Premium Oversized Lot
Situated on one of only three premium oversized lots in the neighborhood (1/3 of an acre), offering ample space for potential additions like a pool or an Accessory Dwelling Unit (ADU).
- Modern & Functional Design
Built in 2014, this energy-efficient home features a desirable 4-bedroom, 3-bathroom layout with a convenient downstairs bedroom and full bathroom, 9 ft ceilings, granite countertops, and ceiling fans in every room.
CONSRISKS & DEFICIENCIES
- Absence of Central Air Conditioning
While energy-efficient and equipped with ceiling fans, the description does not explicitly mention central air conditioning, which could be a significant consideration during hot summer months in Lake Elsinore.
- Potential for Mello-Roos Taxes
As a newer development with community amenities, it is highly probable the property is subject to Mello-Roos taxes, which would add to the overall cost of homeownership beyond standard property taxes and HOA fees.
- Limited Immediate Walkability/Urban Amenities
The 'Canyon Hills' location, while offering elevated views, suggests a more suburban, car-dependent lifestyle, potentially lacking immediate walking access to diverse retail, dining, or entertainment options beyond the elementary school.
About 35178 Fennel Lane
Elevated living in Canyon Hills! Beautiful sunsets, fireworks shows, and snow-capped mountain views right from your backyard! This well-maintained home sits on one of only three premium oversized lots in the neighborhood (1/3 of an acre with plenty of space for a pool or an ADU), which are rarely on the market. Low maintenance, water-wise beautifully landscaped front and back yard with a fire pit. Energy efficient, beautiful, clean, bright, and spacious 4-bedroom home with 3 full bathrooms and a downstairs bedroom and full bathroom. 9 ft ceiling downstairs, granite countertops, oversized master bedroom closet, walk-in pantry and a "Harry Potter" closet under the stairs, and a separate laundry room downstairs. Ceiling fans in every bedroom and the living room. Low HOA dues pay for 3 community pools and parks, and Herk Boruis Elementary School is just a short, one-block walk away. Views and space you always wanted and a home you can be proud of! Turn-key with a fresh interior paint!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2014
- Lot Size
- 13,560 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $134.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Herk Bouris Elementary
Grades K-5 • 0.3 mi
Cottonwood Canyon Elementary School
Grades K-5 • 1.2 mi
Tuscany Hills Elementary School
Grades K-5 • 3.4 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 | 2,259 | 2,541 | 37% |
| Lot Size | 13,560 | 7,405 | 87% |
| Price | $689.0K | $630.0K | 80% |
| Price per sq ft | $305 | $259 | 79% |
| Built year | 2014 | 2007 | 69% |
| HOA | $134.0 | $134 | 50% |
| Days on market | 134 | 183 | 22% |
Pricing History
Listed for Sale
Oct 24, 2025
$689,000
Initial Listing