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32865 Pepper Drive, Lake Elsinore, CA 92532

$535K3bd · 3ba · 1,942 sqft
Lot 3,049 sqft•HOA $9/mo•Single Family Residence•
Active
•57d on market•MLS# PW-26177094

Property Description

BRING OFFERS!! PRIVATE BEACH WITH BOAT LAUNCH! UPGRADED HOME WITH PLENTY OF PARKING FOR CARS & BOAT. UPGRADED ELECTRICAL PANEL, GRANITE KITCHEN COUNTER TOPS, NEWER DUAL PANE WINDOWS, HARDWOOD FLOORS, BALCONY WITH LIMITED SIGHT LAKE VIEW.

Features & Amenities

FeeBuilt 1987

Property Details

Land Type
Fee
Year Built
1987
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
5
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Lake, Peek-A-Boo
Flooring
Carpet, Tile, Wood
Roof
Composition
City
Lake Elsinore
Zip Code
92532
County
Riverside
Listed byUnknown Office, Philip Wallace

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,705.25
Principal & Interest
Loan Amount
$428,000
Total Interest
$545,890
Total Payment Over 30 Years
$973,890
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

Residential Tier · 5 active · 5 closed

32865 Pepper Drive, Lake Elsinore, CA 92532

Lake Elsinore · Single Family Residence

$535K
Residential Tier
Beds
3
Baths
3
Sqft
1,942
Lot
3,049 sqft
Year
1987
$/Sqft
$275
Pool: No✓
Spa: No✓
View: water✓
Garage: 2-car✓

Listed 5.3% below the median closed sale of $565,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $535K· $275/sqft
Total list price
Closed comps
vs closed median $565K
−$30K (−5.3%)
Active comps
vs active median $500K
+$35K (+7.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $303
−$28 (−9.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
33489 Cedar CreekLake Elsinore2004331,7033,920$317$540,0001575
33206 ChurchillLake Elsinore1987431,6983,920$280$475,00010273
567 Enzo StreetLake Elsinore2021331,6672,185$300$499,9993172
33200 Benner StreetLake Elsinore1979321,6994,356$294$499,0004471
29126 Red AlderLake Elsinore2020331,6883,920$326$550,0005571
Total: 5 · Average3.22.81,6913,660.2$303.4$512,799.849.4
Median1,698$499,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
32574 WildflowerLake Elsinore200510/02/2026331,9114,356$515,000$515,000$2691.008476
29133 GardeniaLake Elsinore202110/02/2026431,8503,920$595,000$565,000$3050.959075
29480 Major LeagueLake Elsinore201509/28/2026321,8684,792$550,000$555,000$2971.0110268
29317 BreakwaterLake Elsinore199510/05/2026321,5977,841$589,900$590,000$3691.003367
31600 Saddle Ridge DriveLake Elsinore199909/28/2026322,06814,810$599,000$585,000$2830.987365
Total: 5 · Average3.22.41,858.87,143.8$562,000$562,000$304.6—76.4
Median1,868$565,000$565,000

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.