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33155 Adelfa Street, Lake Elsinore, CA 92530

$495K3bd · 2ba · 1,000 sqft
Lot 6,098 sqft•Single Family Residence•
Active
•110d on market•MLS# PS-26850985

Property Description

This lake view 3-bedroom, 2-bath home sits on a generous 50' x 150' lot in an established Lake Elsinore hillside neighborhood with no HOA. From the private front porch and semi-enclosed trellis, enjoy views of Lake Elsinore and the Santa Ana Mountains from a higher elevation, while relaxing in your own outdoor retreat. Built in 1947 and thoughtfully updated over the years, the approximately 1,000 square-foot home combines character with modern improvements. Interior features include kitchen and both bathrooms being remodeled approximately four years ago, a warm and neutral interior paint color as well as newer carpeting in two of the three bedrooms. Two energy-efficient mini-split systems provide heating and cooling throughout the home. Many of the major improvements have already been completed, including new attic insulation, a new crawl-space vapor barrier, a recently cleaned and certified septic system, Trex decking on the front porch and back deck and a retaining wall designed to protect the home from the lot's natural slope. The property is connected to city water, and newly planted privacy hedges continue to mature, enhancing the outdoor spaces. A major bonus is the dual solar panel system, which currently generates more electricity than the home consumes, helping to keep utility costs low. The long driveway provides parking for multiple vehicles and offers space for an RV, boat or trailer. This is an excellent opportunity to purchase a well-maintained home with many costly, labor-intensive upgrades already completed. Bring your finishing touches and enjoy lake views, mountain views, and the chance to add value over time. Conveniently located near some of the best shopping, dining, and recreational opportunities Lake Elsinore has to offer. Hurry!

Features & Amenities

FeeBuilt 1947

Property Details

Land Type
Fee
Year Built
1947
Property Type
Residential
Property Subtype
Single Family Residence
Heating
Baseboard
View
Hills, Mountain(s), Trees/Woods
Flooring
Carpet
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byKeller Williams Luxury Homes, Michael Cogley

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,502.99
Principal & Interest
Loan Amount
$396,000
Total Interest
$505,076
Total Payment Over 30 Years
$901,076
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

33155 Adelfa Street, Lake Elsinore, CA 92530

Lake Elsinore · Single Family Residence

$495K
Affordable Tier
Beds
3
Baths
2
Sqft
1,000
Lot
6,098 sqft
Year
1947
$/Sqft
$495
Pool: No✓
Spa: No✓
View: mountain✓

Listed 15.1% above the median closed sale of $430,000. Price per sqft ($495) is a 18% premium to closed comps ($418). Closed comps sold at 93% of list — buyers have negotiating leverage.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $495K· $495/sqft
Total list price
Closed comps
vs closed median $430K
+$65K (+15.1%)
Active comps
vs active median $475K
+$20K (+4.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $458
+$37 (+8.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
33174 TetteringtonLake Elsinore1947321,0003,920$465$464,9003692
210 ChestnutLake Elsinore1954221,0654,792$423$449,9992385
108 ChestnutLake Elsinore1945431,0485,527$534$560,0003484
314 AcaciaLake Elsinore1957211,1505,663$413$475,000978
162 MassachusettsLake Elsinore1989321,2106,970$454$549,9003777
Total: 5 · Average2.82.01,094.65,374.4$457.8$499,959.827.8
Median1,065$475,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
33161 PedersonLake Elsinore194709/16/2026219318,276$459,000$374,700$4020.8212385
33124 CaseLake Elsinore195708/11/2026321,2003,920$439,000$430,000$3580.9815785
33170 Schaper StreetLake Elsinore198009/02/2026321,1043,920$340,000$309,475$2800.912980
3484 Cherry Blossom LaneLake Elsinore198710/06/2026321,1776,098$570,000$555,000$4720.978480
18173 BallardLake Elsinore194809/30/2026217504,792$449,900$435,000$5800.979279
Total: 5 · Average2.61.61,032.45,401.2$420,835$420,835$418.4—97
Median1,104$430,000$430,000

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.