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

36274 Waxen
Lake Elsinore, California 92532
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 36274 Waxen Subject | $812,000* List Price | 5 | 4 | 3,689 | $220 | - |
A 36258 Pursh Sold | $650,000 | 4 | 3 | 2,397 | $271 | 0.1 mi |
B 34140 Ambrosia Sold | $630,000 | 5 | 3 | 3,102 | $203 | 0.4 mi |
C 34305 Deergrass Sold | $695,000 | 5 | 3 | 2,680 | $259 | 0.4 mi |
D 36262 Pursh Drive Sold | $735,000 | 4 | 4 | 2,774 | $265 | 0.1 mi |
E 35424 Saddle Hill Road Sold | $660,000 | 4 | 3 | 3,023 | $218 | 0.9 mi |
F 36693 Hermosa Drive Active | $750,000 List Price | 5 | 3 | 3,632 | $206 | 0.7 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, 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
Cottonwood Canyon Elementary School
Grades K-5 • 1.5 mi
Tuscany Hills Elementary School
Grades K-5 • 3.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 76% |
| Baths | 4.0 | 3.0 | 88% |
| Square foot | 3,689 | 2,541 | 96% |
| Lot Size | 8,276 | 7,405 | 59% |
| Price | $812.0K | $630.0K | 94% |
| Price per sq ft | $220 | $258 | 19% |
| Built year | 2014 | 2007 | 69% |
| HOA | $171.0 | $134 | 66% |
| Days on market | 134 | 183 | 22% |
Pricing History
Listed for Sale
Oct 24, 2025
$812,000
Initial Listing
































































