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33087 Wood St, Lake Elsinore, California 92530, Lake Elsinore, - bed, bath

home-pic
ACTIVE$379,900
33087 Wood St, Lake Elsinore, California 92530
2Beds
1Bath
1,025Sqft
3,920Lot
Year Built
1947
Close
-
List price
$380K
Original List price
$399K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
IG25209693
Home ConditionFair
Features
Patio
View-

About this home

**PRICE IMPROVEMENT**Discover the serene lakeside living and versatile investment potential in this stunning one-story single-family residence in the heart of Lakeland Village. Nestled in the vibrant Inland Empire, this move-in-ready home is impeccably maintained and boasts R-3 zoning, offering an opportunity for multiple land uses, including the potential to develop multi-family dwellings or customize to suit your vision. Outdoor enthusiasts will thrive in this sought-after community, situated along the picturesque shores of Lake Elsinore. Enjoy endless water adventures with boating, fishing, jet skiing, swimming, and waterskiing just steps away. Relax or play at nearby Perret Park, featuring playgrounds, open spaces for frisbee, and scenic picnic areas perfect for family gatherings. For nature lovers, the adjacent Cleveland National Forest offers miles of trails for hiking, biking, and horseback riding, immersing you in the beauty of Southern California’s landscapes. Don’t miss your chance to own a piece of Lakeland Village’s charm!

Nearby schools

3/10
Lakeland Village School
Public,•K-8•1.0mi
6/10
Canyon Lake Middle School
Public,•6-8•5.2mi
5/10
Lakeside High School
Public,•9-12•3.4mi

Price History

Date
Event
Price
10/21/25
Price Change
$379,900-4.8%
09/10/25
Listing
$399,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (308 Listings)
Beds23
7%
Baths12
4%
Square foot1,0251,830
5%
Lot Size3,9207,405
9%
Price$380K$582K
4%
Price per square foot$371$327
74%
Built year19472005
4%
HOA
Days on market56191
2%
Condition Rating
Fair
The property was built in 1947, making it an older home. While the description states it is 'impeccably maintained' and 'move-in ready,' and the exterior image shows a well-kept facade with what appear to be updated windows, there are no interior images provided. Without visual confirmation of the kitchen and bathroom, it's reasonable to assume that these key areas, despite being functional, likely feature outdated styles and finishes consistent with a property of this age that has undergone regular upkeep rather than a recent, extensive renovation. It likely requires minor updates to meet current aesthetic standards.
Pros & Cons

Pros

R-3 Zoning & Development Potential: The property boasts R-3 zoning, offering significant versatility for multiple land uses, including potential multi-family development or customization, appealing to investors and those seeking future expansion.
Prime Lakeside Location & Outdoor Lifestyle: Situated in Lakeland Village, the home offers serene lakeside living with immediate access to Lake Elsinore for water sports and is steps away from Perret Park and the Cleveland National Forest, ideal for outdoor enthusiasts.
Recent Price Improvement: A recent price reduction from $399,000 to $379,900 makes this property more competitively priced and attractive to potential buyers, indicating motivated sellers.
Move-in Ready & Well-Maintained: Described as 'impeccably maintained' and 'move-in-ready,' this one-story residence offers immediate occupancy without the need for extensive initial repairs, a strong advantage for an older home.
Single-Story Layout: The one-story design provides ease of access and living, appealing to a broad range of buyers including seniors, families with young children, or those seeking a simpler, more accessible home.

Cons

Small Square Footage & Lot Size: With 1025 sqft of living space and a 3920 sqft lot, the property is relatively small, which may limit its appeal to larger families or those desiring more expansive indoor and outdoor areas.
Older Construction (Year Built 1947): Despite being well-maintained, the home's 1947 construction year suggests potential for aging systems (e.g., plumbing, electrical) that may require future updates or higher maintenance costs compared to newer properties.
Lower-Rated Local Middle School: The closest middle school, Lakeland Village School, has a rating of 3, which could be a significant concern for families prioritizing highly-rated educational institutions.

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