314 Acacia, Lake Elsinore, CA 92530
314 Acacia, Lake Elsinore, CA 92530
Property Description
This is your chance to get in on the growing demand in Downtown Lake Elsinore! 314 Acacia is a truly unique property offering character, flexibility, and exciting future potential. Completely renovated approximately three years ago, the home features a newer roof and plumbing, in-unit laundry, beautifully resurfaced original hardwood floors, an updated kitchen and bathroom, and an extra-large finished basement/bonus space—ideal for a game room, home office, hobby space, or additional storage. The property offers generous outdoor space with multiple tiered areas for gardening, patio and entertaining areas, and beautiful lake views. The size and layout of the property may also provide opportunities to expand the existing home or explore an ADU for additional living space, multigenerational living, or potential rental use. Buyer to independently verify all development, expansion, and ADU possibilities with the City. Downtown Lake Elsinore continues to experience investment and planned development, with infrastructure improvements in the surrounding area, including sidewalks, curbs, and ongoing septic-to-sewer conversion. Enjoy a front-row seat to local fireworks and events, with views from the home, bedroom windows, or outdoor patio/deck. Conveniently located near the lake, parks, Downtown Lake Elsinore, and Diamond Stadium. A unique opportunity with substantial improvements already completed and plenty of possibilities still ahead. Don’t miss 314 Acacia!
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Lake Elsinore · Single Family Residence
Listed 8.0% above the median closed sale of $440,000.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 210 Chestnut | Lake Elsinore | 1954 | 2 | 2 | 1,065 | 4,792 | $423 | $449,999 | 24 | 88 |
| 32961 Urban Avenue | Lake Elsinore | 1947 | 2 | 1 | 1,150 | 4,356 | $413 | $475,000 | 95 | 86 |
| 33174 Tetterington | Lake Elsinore | 1947 | 3 | 2 | 1,000 | 3,920 | $465 | $464,900 | 37 | 79 |
| 33288 Landerville | Lake Elsinore | 1976 | 2 | 1 | 864 | 3,049 | $532 | $459,500 | 18 | 77 |
| 33155 Adelfa Street | Lake Elsinore | 1947 | 3 | 2 | 1,000 | 6,098 | $495 | $495,000 | 107 | 77 |
| Total: 5 · Average | 2.4 | 1.6 | 1,015.8 | 4,443 | $465.6 | $468,879.8 | 56.2 | |||
| Median | 1,000 | $464,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 406 Lookout | Lake Elsinore | 1962 | 09/10/2026 | 2 | 2 | 1,336 | 7,405 | $449,999 | $450,000 | $337 | 1.00 | 34 | 84 |
| 33161 Pederson | Lake Elsinore | 1947 | 09/16/2026 | 2 | 1 | 931 | 8,276 | $459,000 | $374,700 | $402 | 0.82 | 123 | 84 |
| 505 Lookout Street | Lake Elsinore | 1926 | 09/23/2026 | 3 | 1 | 1,176 | 6,970 | $475,000 | $475,000 | $404 | 1.00 | 17 | 78 |
| 33192 Case | Lake Elsinore | 1979 | 10/02/2026 | 2 | 2 | 999 | 3,920 | $415,000 | $425,000 | $425 | 1.02 | 21 | 77 |
| 1109 Monroe | Lake Elsinore | 1980 | 09/25/2026 | 3 | 2 | 1,125 | 3,485 | $439,999 | $440,000 | $391 | 1.00 | 30 | 76 |
| Total: 5 · Average | 2.4 | 1.6 | 1,113.4 | 6,011.2 | $432,940 | $432,940 | $391.8 | — | 45 | ||||
| Median | 1,125 | $440,000 | $440,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.