36274 Waxen, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 5 bed, 4 bath

36274 Waxen, Lake Elsinore, California 92532 home-pic-0

36274 Waxen

Lake Elsinore, California 92532

ACTIVE
CONDITION: EXCELLENT
5Beds
4Baths
3,689Sq Ft
8,276Lot Size

Property Price

LIST PRICE$812,000
EST. MARKET VALUE
$812,000

SUMMARY

Analysis of 36274 Waxen, Lake Elsinore, California 92532 reveals a Fairly Priced Property with a current list price of $812,000  aligned with the estimated $812,000 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

$812,000
Based on Realkey algorithm analyzing recent comparable sales in Lake Elsinore.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
36274 Waxen
Subject
$812,000*
List Price
543,689$220-
A
36258 Pursh
Sold
$650,000432,397$2710.1 mi
B
34140 Ambrosia
Sold
$630,000533,102$2030.4 mi
C
34305 Deergrass
Sold
$695,000532,680$2590.4 mi
D
36262 Pursh Drive
Sold
$735,000442,774$2650.1 mi
E
35424 Saddle Hill Road
Sold
$660,000433,023$2180.9 mi
F
36693 Hermosa Drive
Active
$750,000
List Price
533,632$2060.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property, built in 2014, is exactly 10 years old, placing it at the edge of the 'Excellent' category based on age. However, the listing explicitly states it's a 'beautifully upgraded residence' with a 'modern, upgraded kitchen,' and the images strongly support this. The kitchen features modern wood-tone cabinetry, granite countertops, stainless steel appliances, and contemporary lighting. Bathrooms are equally well-appointed with matching vanities, white countertops, and modern fixtures, including glass-enclosed showers and a separate soaking tub in the primary bath. Flooring consists of large format tile in main living areas and clean, well-maintained carpet in bedrooms and the loft. The presence of a 3-zone HVAC system and a resort-style backyard with an in-ground spa further enhance its appeal. There are no visible signs of deferred maintenance or outdated components, indicating the property meets current quality standards and is in virtually new condition.

PROSSTRENGTHS & OPPORTUNITIES

  • Assumable Loan

    The property offers an assumable loan at a highly attractive 2.25% interest rate, providing a significant financial advantage in the current market.

  • Multi-Generational Living

    Features a dedicated 'Gen-Suite' with a private entrance, kitchenette, living room, full bathroom, and laundry hookups, ideal for extended family, guests, or potential rental income.

  • Resort-Style Backyard

    An entertainer's paradise with custom landscape lighting, a built-in barbecue and cooking area, fire pit, and an in-ground spa.

CONSRISKS & DEFICIENCIES

  • Monthly Association Fee

    The property is subject to a monthly association fee of $171.0, which adds to the recurring cost of homeownership.

  • Temporary RV Parking

    RV parking is described as 'possible temporary RV parking' on a 'large neighboring lot,' indicating it's not a dedicated or permanent feature of the property itself.

  • Potential for Mello-Roos Taxes

    As a newer home (built 2014) within the Canyon Hills community, it is likely subject to Mello-Roos taxes, which would increase the overall property tax burden.

About 36274 Waxen

ASSUMABLE LOAN 2.25%. This an exceptional multi-generational “Gen-Suite” home in the highly desirable Canyon Hills community of Lake Elsinore. Filled with an abundance of natural light, this beautifully upgraded residence combines modern living, versatile spaces, and a resort-style backyard on a spacious lot with no rear neighbors, offering privacy and serene hillside views. The open-concept interior is bright and inviting, with a spacious living room flowing seamlessly into a modern, upgraded kitchen with ample counter space and a flexible dining area—perfect for daily living or entertaining. The main-level gen-suite features a private entrance, kitchenette, living room, full bathroom, and laundry hookups, providing independent living for extended family, guests, or rental opportunities. Additional flexible spaces include a downstairs bedroom currently used as a home office. Notably, there’s an expansive upstairs loft, perfect for a secondary family room, game area, media lounge, or fitness zone. Comfort is enhanced with a 3-zone HVAC system, ensuring consistent climate control throughout the home. Step outside to a backyard entertainer’s paradise, featuring custom landscape lighting, a built-in barbecue and cooking area, fire pit, and an in-ground spa. The large neighboring lot also provides possible temporary RV parking, and the hillside setting with no rear neighbors ensures privacy and unobstructed views for relaxation and nightly star gazing. You’ll enjoy walking distance to a resort-style community pool, clubhouse, sports park and Herk Bouris Elementary School, with shopping, dining, and freeway access just minutes away. 36274 Waxen Way offers the perfect combination of comfort, versatility, and luxury, from the gen-suite and loft to the private backyard oasis with resort-style amenities. Don’t miss the chance to own this beautiful, functional, and private multi-gen home in Canyon Hills, perfectly suited for anyone. ASSUMABLE LOAN 2.25%, Don't miss this opportunity.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2014
Lot Size
8,276 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$171.0 / Month

Neighborhood Insights

Lake Elsinore Unified Schools

Herk Bouris Elementary

Grades K-5 • 0.2 mi

6/10

Cottonwood Canyon Elementary School

Grades K-5 • 1.5 mi

5/10

Tuscany Hills Elementary School

Grades K-5 • 3.7 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
76%
Baths4.03.0
88%
Square foot3,6892,541
96%
Lot Size8,2767,405
59%
Price$812.0K$630.0K
94%
Price per sq ft$220$258
19%
Built year20142007
69%
HOA$171.0$134
66%
Days on market134183
22%

Pricing History

Listed for Sale

Oct 24, 2025

$812,000

Initial Listing

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