31600 Saddle Ridge Drive Ne, Lake Elsinore, California 92532, Lake Elsinore, - bed, bath
ACTIVE$629,900
31600 Saddle Ridge Drive Ne, Lake Elsinore, California 92532
3Beds
2Baths
2,068Sqft
14,810Lot
Year Built
1999
Close
-
List price
$630K
Original List price
$630K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IV25247503
Home ConditionFair
Features
Patio
ViewNeighborhood, Trees/Woods
About this home
A SINGLE STORY, 2068 SQFT, 3 BEDROOMS PLUS DEN/ OFFICE. THE HOME IS LOCATED NEAR SHOPS, RESTAURANTS AND FREEWAY 15. THIS PROPERTY HAS A 14810 SQFT WITH MULTIPLE TREES AND PARTY SPACE. GRANITE COUNTER TOPS AND EXTRA CABINETS AT THE OPEN KITCHEN WITH ACCES TO FAMILY ROOM. A DEN AT THE FROM ADDS TO THE 3 FULL BEDROOMS, THERE IS A TWO SIDED FIREPLACE BEETWEN THE LIVING AREA AND THE FAMILY AREA. INB TH BACK YARD THERE IS A VERY LARGE PATIO FOR RELAXING AND NTERTAIMENT TIME AND ACCESS TO MASTER BEDROOM AND FAMILY AREA. THERE IS A SOLAR POWERED SYSTEM DESIGNATED TO SAVE APPROXIMATELY 95% OF THE ELECTRIC BILL.
Price History
Date
Event
Price
10/27/25
Listing
$629,900
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (140 Listings) | |
|---|---|---|---|
| Beds | 3 | 4 | 25% |
| Baths | 2 | 3 | 17% |
| Square foot | 2,068 | 2,541 | 24% |
| Lot Size | 14,810 | 7,405 | 90% |
| Price | $630K | $649K | 43% |
| Price per square foot | $305 | $260 | 81% |
| Built year | 1999 | 2007 | 13% |
| HOA | $78 | ||
| Days on market | 10 | 181 | 1% |
Condition Rating
Fair
The property was built in 1999, making it 25 years old. While it benefits from a solar power system and the kitchen features granite countertops and a subway tile backsplash, these updates are partial. The kitchen cabinets appear to be painted originals, and some appliances are black, not stainless steel. The bathrooms are notably dated with original-style vanities, countertops, and tile work. Interior paint colors are very specific and likely need updating, and some light fixtures and window coverings are also outdated. The flooring is a mix of laminate and older carpet. The home is functional and appears maintained, but requires minor updates and renovations, especially in the bathrooms, to meet current aesthetic standards.
Pros & Cons
Pros
Solar Power System: The property boasts a solar-powered system designed to save approximately 95% of the electric bill, offering significant long-term cost savings and environmental benefits.
Spacious Lot & Outdoor Living: Featuring a generous 14,810 sqft lot with multiple trees and a very large patio, the property provides ample space for outdoor relaxation, entertaining, and potential landscaping.
Single Story with Flexible Space: This single-story home includes 3 bedrooms plus a versatile den/office, appealing to a wide range of buyers seeking accessibility and additional functional space.
Modern Kitchen & Open Concept: The open kitchen is equipped with granite countertops and extra cabinets, seamlessly connecting to the family room, which is ideal for modern living and entertaining.
Convenient Location: Strategically located near shops, restaurants, and Freeway 15, offering easy access to amenities and commuting routes.
Cons
Listed Above Estimated Value: The current listing price of $629,900 is 8% above the estimated property value of $573,333.05, which may require justification or negotiation to attract buyers.
Potential for Outdated Systems: Built in 1999, the property is 25 years old. While the kitchen has some modern features, there's no explicit mention of updates to other major systems (e.g., HVAC, roof, bathrooms), which could imply future maintenance or renovation costs.
No Mention of Air Conditioning: The property description does not specify the presence of a cooling system (AC). Given Lake Elsinore's climate, this could be a significant drawback for buyer comfort and a potential future investment.