35405 Piney, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 4 bed, 3 bath
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35405 Piney
Lake Elsinore, California 92532
ACTIVE
CONDITION: GOOD
4Beds
3Baths
3,315Sq Ft
8,276Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$699,900
SUMMARY
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $719,000—positioned slightly above the $715,291 Fair Market Value. While the price reflects current market stability, the home offers significant upside through its Good Condition Rating and flexible floor plan. Featuring a downstairs bedroom and office, this property is perfect for multigenerational living. With access to resort-style pools and top-rated schools, it provides a premium lifestyle. This is an ideal acquisition for Owner-Occupants seeking long-term value or growing families prioritizing community amenities.
Estimated Market Value
$699,900
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 |
|---|---|---|---|---|---|---|
★ 35405 Piney Subject | $699,900* List Price | 4 | 3 | 3,315 | $211 | - |
A 35595 Desert Rose Way Sold | $722,500 | 4 | 3 | 3,060 | $236 | 0.1 mi |
B 32365 Whispering Willow Sold | $675,000 | 4 | 3 | 3,242 | $208 | 0.8 mi |
C 35408 Oakridge Court Sold | $830,000 | 5 | 4 | 3,082 | $269 | 0.2 mi |
D 35319 Trailside Drive Sold | $650,000 | 4 | 3 | 2,707 | $240 | 0.5 mi |
E 34326 Heather Ridge Court Sold | $675,000 | 5 | 3 | 3,089 | $219 | 0.9 mi |
F 34286 Canyon Rim Drive Sold | $580,500 | 4 | 3 | 2,434 | $238 | 0.6 mi |
G 35516 Desert Rose Sold | $650,000 | 5 | 3 | 2,800 | $232 | 0.5 mi |
H 31922 Manzanita Lane Pending | $849,000 List Price | 5 | 3 | 3,527 | $241 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007 (18 years old), this home falls squarely into the 'Good' category. The interior is well-maintained and move-in ready with wood flooring and a functional kitchen featuring granite countertops and stainless steel appliances. While the backyard is unfinished and systems are likely original to the build, the overall condition is solid and requires no immediate major rehab.
PROSSTRENGTHS & OPPORTUNITIES
- Multigenerational Layout
The 3,315 sq. ft. floor plan includes a downstairs bedroom with a full bath and a private office, providing excellent flexibility for guests, extended family, or remote work.
- Premium Community Amenities
Located in the gated Bridgegate community of Canyon Hills, the property offers enhanced security and access to resort-style amenities, including two pools and three parks.
- Spacious Interior Features
The home features wood flooring throughout, a large kitchen with a central island, an upstairs loft, and a three-car garage, catering to modern storage and entertaining needs.
CONSRISKS & DEFICIENCIES
- Extended Market Stagnancy
With 284 days on the market, the property has faced significant listing fatigue, which may indicate a disconnect between the asking price and current buyer expectations.
- Unfinished Outdoor Space
The backyard is described as a 'blank canvas,' requiring the buyer to invest additional capital and time to complete landscaping and outdoor living improvements.
About 35405 Piney
Beautiful Home in the Gated Bridgegate Community of Canyon Hills! Welcome to this spacious 4-bedroom, 3-bath home offering 3,315 sq. ft. of living space on an 8,276 sq. ft. lot. Located in one of Lake Elsinore’s most desirable gated neighborhoods, this property features wood flooring throughout, a formal living and dining room, and a large family room that opens to a bright kitchen with an island and abundant cabinet space, perfect for entertaining and everyday living. Downstairs includes a private office and a bedroom with a full bath, ideal for guests or multigenerational living. Upstairs, you’ll find a loft/den offering flexible space for a 2nd office or home gym. The backyard is a blank canvas, ready for you to design your dream outdoor retreat. Enjoy the three-car garage and all the amenities this vibrant community has to offer, including three beautiful parks and two resort-style association pools.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2007
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $130.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Cottonwood Canyon Elementary School
Grades K-5 • 0.8 mi
5/10
Herk Bouris Elementary
Grades K-5 • 1.0 mi
6/10
Tuscany Hills Elementary School
Grades K-5 • 2.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 3,315 | 1,997.676 |
| Lot Size | 8,276 | 7,302.624 |
| Price | $699.9K | $602.7K |
| Price per sq ft | $211 | $299 |
| Built year | 2007 | 2005 |
| HOA | $130.0 | $146 |
| Days on market | 312 | 65 |
Pricing History
Listed for Sale
Aug 26, 2026
$699,900
$719,000
-3% Price Drop
Initial Listing
Price Change
Aug 12, 2026
$719,000
$740,000
-3% Price Drop
Initial Listing
Price Change
Nov 1, 2025
$740,000
Initial Listing
Sold
Feb 18, 2021
$453,000
Public Record