36288 Waxen Drive, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 4 bed, 3 bath
36288 Waxen Drive
Lake Elsinore, California 92532
Property Price
SUMMARY
Analysis of 36288 Waxen Drive, Lake Elsinore, California 92532 reveals a Fairly Priced Property with a current list price of $625,000 aligned with the estimated $630,153 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 36288 Waxen Drive Subject | $625,000* List Price | 4 | 3 | 2,397 | $263 | - |
A 34136 Camelina Sold | $670,000 | 5 | 3 | 2,633 | $254 | 0.5 mi |
B 35135 Sorrel Lane Sold | $608,000 | 4 | 3 | 2,257 | $269 | 0.2 mi |
C 36228 Pursh Sold | $630,000 | 4 | 3 | 2,326 | $271 | 0.2 mi |
D 35142 Sorrel Lane Sold | $570,000 | 4 | 2 | 1,760 | $324 | 0.2 mi |
E 34130 Camelina Street Sold | $725,000 | 4 | 3 | 2,589 | $280 | 0.4 mi |
F 36258 Pursh Sold | $650,000 | 4 | 3 | 2,397 | $271 | 0.1 mi |
G 34095 Lady Fern Court Active | $650,000 List Price | 5 | 3 | 2,292 | $284 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 2014, this property is approximately 12 years old and remains in move-in ready condition. The kitchen features modern stainless steel appliances, granite countertops, and dark wood cabinetry consistent with its construction era. The bathrooms are well-maintained with contemporary fixtures, and the flooring and recessed lighting show minimal wear. While the home is well-kept and functional, it does not meet the 'excellent' criteria as it lacks a full recent renovation within the last 5 years.
PROSSTRENGTHS & OPPORTUNITIES
- Rare Single-Story Layout
At nearly 2,400 square feet, this expansive single-level floor plan is a rare find in Canyon Hills, offering high demand for its accessibility and seamless open-concept living.
- Enhanced Privacy and Storage
The property features a coveted 3-car garage and a premium lot position with no neighbors directly behind, providing superior storage capacity and a secluded backyard atmosphere.
- Prime Community Location
Ideally situated within walking distance to Herk Bouris Elementary and minutes from resort-style amenities, this home offers an exceptional lifestyle for families and commuters alike.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly association fee of nearly $200, combined with typical area assessments, increases the total monthly obligation compared to properties in non-HOA communities.
- High School Commute
While the elementary school is exceptionally close, the assigned high school is located over seven miles away, which may be a drawback for families with older children.
About 36288 Waxen Drive
Rare opportunity to own one of the larger single story homes in the highly desirable Canyon Hills community. This spacious 4 bedroom, 3 bathroom home offers an ideal open layout with room to live, entertain, and grow all on one level. The heart of the home is the expansive kitchen featuring a large center island, abundant cabinetry, generous counter space, and plenty of storage. It opens seamlessly to the main living area, making it perfect for gatherings or everyday comfort. The thoughtfully designed floor plan provides well sized secondary bedrooms and a private primary suite, offering flexibility for guests, a home office, or multi generational living. A true 3 car garage adds valuable space for vehicles, storage, or hobbies. Step outside and enjoy added privacy with no neighbors directly behind the property. The backyard offers a peaceful setting and room to create your ideal outdoor space. Location is everything and this home delivers. Walking distance to the elementary school and just minutes from Canyon Hills community amenities including parks, pools, sports courts, and more. Convenient access to shopping, dining, and the 15 and 215 freeways makes commuting simple. Large single story homes with a 3 car garage and this kind of privacy do not come up often in Canyon Hills. If you have been waiting for space, layout, and location, this is the one.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2014
- Lot Size
- 6,970 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $198.33 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Herk Bouris Elementary
Grades K-5 • 0.1 mi
Cottonwood Canyon Elementary School
Grades K-5 • 1.4 mi
Tuscany Hills Elementary School
Grades K-5 • 3.6 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 | 2,397 | 2,541 | 44% |
| Lot Size | 6,970 | 7,405 | 45% |
| Price | $625.0K | $630.0K | 48% |
| Price per sq ft | $261 | $259 | 53% |
| Built year | 2014 | 2007 | 69% |
| HOA | $198.33 | $134 | 75% |
| Days on market | 9 | 183 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$625,000
Initial Listing
Sold
Jun 13, 2014
$328,000
Public Record