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32465 Cape Drive, Lake Elsinore, CA 92530

$700K3bd · 2ba · 1,311 sqft
Lot 6,098 sqft•Single Family Residence•
Active
•11d on market•MLS# SW-26215087

Property Description

Backyard paradise with RV parking and no HOA! This single-story Lake Elsinore home pairs a private, fully fenced yard with a saltwater PebbleTec pool, rock waterfall and spa, outdoor kitchen island, and gas fire pit lounge. The updated kitchen features white shaker cabinets, frosted-glass uppers, granite counters, diamond-set travertine backsplash, stainless appliances, gas range, tray ceiling, and a breakfast-bar peninsula open to the family room and two sets of sliding doors to the patio. Vaulted ceilings, gas brick fireplace, laminate and tile flooring. 3 bedrooms, 2 baths. Attached 2-car garage with cabinetry, workbench, and hard-wired EV charger. Gated side-yard RV/boat access, shed, central A/C, tile roof redone about 4 years ago. Solar is a Sunrun PPA (transferable; buyer approval required). Mountain views from the street! Click on the Visual Tour!

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Mountain(s)
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byUnknown Office, Tom Sicard

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,539.58
Principal & Interest
Loan Amount
$560,000
Total Interest
$714,249
Total Payment Over 30 Years
$1,274,249
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

32465 Cape Drive, Lake Elsinore, CA 92530

Lake Elsinore · Single Family Residence

$700K
Affordable Tier
Beds
3
Baths
2
Sqft
1,311
Lot
6,098 sqft
Year
1989
$/Sqft
$534
Pool: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 28.4% above the median closed sale of $545,000. Price per sqft ($534) is a 37% premium to closed comps ($390).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $700K· $534/sqft
Total list price
Closed comps
vs closed median $545K
+$155K (+28.4%)
Active comps
vs active median $500K
+$200K (+40.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $361
+$173 (+47.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
17640 BrightmanLake Elsinore1987221,5123,485$321$485,00011681
15153 EtienneLake Elsinore2025321,4287,841$427$609,9008780
32024 MeranoLake Elsinore2019321,5034,356$333$499,99912179
4578 Avellino PlaceLake Elsinore2026321,4356,459$390$559,99013179
16897 GunnersonLake Elsinore2024221,4916,098$335$500,00018877
Total: 5 · Average2.62.01,473.85,647.8$361.2$530,977.8128.6
Median1,491$500,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3484 Cherry Blossom LaneLake Elsinore198710/06/2026321,1776,098$570,000$555,000$4720.978493
29484 MarinersLake Elsinore199509/10/2026321,36210,454$530,000$545,000$4001.039387
17630 NelsonLake Elsinore198809/30/2026321,2803,049$419,900$410,000$3200.986486
1109 MonroeLake Elsinore198009/25/2026321,1253,485$439,999$440,000$3911.003084
29317 BreakwaterLake Elsinore199510/05/2026321,5977,841$589,900$590,000$3691.003384
Total: 5 · Average3.02.01,308.26,185.4$508,000$508,000$390.4—60.8
Median1,280$545,000$545,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.