33561 Cedar Creek Lane, Lake Elsinore, California 92532, Lake Elsinore, 92532 - 3 bed, 3 bath

33561 Cedar Creek Lane, Lake Elsinore, California 92532 home-pic-0
ACTIVE$575,000
33561 Cedar Creek Lane, Lake Elsinore, California 92532
3Beds
3Baths
2,116Sqft
4,356Lot

Price Vs. Estimate

The estimated value ($491,266.25) is $83,733.75 (14%) lower than the list price ($575,000). This property may be overpriced.

Key pros and cons

Top Pros:
Modern & Upgraded Interior: The home features hardwood floors, elegant crown molding, large windows for natural light, recessed lighting with dimmers, granite countertops, an oversized breakfast island, espresso cabinets, and stainless-steel appliances, providing a contemporary and appealing living space.
Top Cons:
Overpriced Relative to Market: The current list price of $575,000 is significantly higher than the estimated property value of $491,266.25 and some recent comparable sales, potentially making it less competitive.

Compared to the nearby listings

Price:$575.0K vs avg $630.0K ($-55,000)20%
Size:2,116 sqft vs avg 2,541 sqft29%
Price/sqft:$272 vs avg $25564%

More Insights

Built in 2006 (19 years old).
Condition: This 2006-built home, at 18 years old, falls within the 'Good' category's age range. The kitchen features modern stainless-steel appliances, granite countertops, and espresso cabinets, indicating a good level of update. While the bathrooms are clean and functional with soaking tubs, their vanities and light fixtures appear to be more builder-grade or older, not reflecting a recent high-end renovation. However, the property boasts hardwood floors in main living areas, crown molding, recessed lighting, and central air/heat, suggesting it is move-in ready with well-maintained systems and no immediate renovation needs.
Year Built
2006
Close
-
List price
$575K
Original List price
$595K
Price/Sqft
$272
HOA
$155
Days on market
-
Sold On
-
MLS number
PW24187779
Home ConditionGood
Features
Good View: Hills
Patio
ViewHills

About this home

This stunning two-story home provides lots of windows and lovely upgrades throughout. A lovely 3-bedrooms, 2.5 baths house with hardwood floors throughout. Upstairs you will find a loft, along with a laundry room and the bedrooms. The spacious primary bedroom has a private balcony overlooking the backyard and a large bathroom with a soaking tub and a walk-in closet. The other 2 bedrooms are spacious and down the hall from the loft, which used to be the 4th bedroom and can be easily converted to a fourth bedroom if necessary. The home has elegant crown molding and large windows for plenty of natural light. The open concept living area is highlighted by recessed lighting that is upgraded with dimmers to create an inviting atmosphere. The kitchen has beautiful granite countertops and features an oversized breakfast island, elegant espresso cabinets and stainless-steel appliances. From the kitchen, there is an open space into the living room which features an inviting fireplace to gather around. The back yard is an entertainer's dream. The back yard is low maintenance, paved hardscape with a built-in BBQ island equipped with a gas line should you choose to connect it. The house comes with central air and heat, a two-car garage and is located near hiking trails, parks and ample mountain views. This property in the Canyon Lake which features a Country Club with low fees and golf course. This home provides the privacy and tranquility you are seeking. Come see it and fall in love!

Nearby schools

5/10
Cottonwood Canyon Elementary School
Public,K-50.4mi
6/10
Herk Bouris Elementary
Public,K-51.0mi
8/10
Tuscany Hills Elementary School
Public,K-53.1mi
3/10
Railroad Canyon Elementary School
Public,K-53.6mi
6/10
Canyon Lake Middle School
Public,6-80.3mi
6/10
Menifee Valley Middle School
Public,6-82.7mi
2/10
Pinacate Middle School
Public,7-87.4mi
5/10
Elsinore High School
Public,9-123.0mi
7/10
Paloma Valley High School
Public,9-123.5mi
6/10
Temescal Canyon High School
Public,9-126.4mi
Condition Rating
Good

This 2006-built home, at 18 years old, falls within the 'Good' category's age range. The kitchen features modern stainless-steel appliances, granite countertops, and espresso cabinets, indicating a good level of update. While the bathrooms are clean and functional with soaking tubs, their vanities and light fixtures appear to be more builder-grade or older, not reflecting a recent high-end renovation. However, the property boasts hardwood floors in main living areas, crown molding, recessed lighting, and central air/heat, suggesting it is move-in ready with well-maintained systems and no immediate renovation needs.
Pros & Cons

Pros

Modern & Upgraded Interior: The home features hardwood floors, elegant crown molding, large windows for natural light, recessed lighting with dimmers, granite countertops, an oversized breakfast island, espresso cabinets, and stainless-steel appliances, providing a contemporary and appealing living space.
Flexible Floor Plan: The upstairs loft can easily be converted into a fourth bedroom, offering valuable flexibility to accommodate various family needs or home office requirements.
Outdoor Entertainment Ready: The low-maintenance backyard boasts paved hardscape and a built-in BBQ island with a gas line, creating an ideal setting for outdoor entertaining and relaxation.
Community Amenities & Location: Located in Canyon Lake, residents benefit from access to a Country Club with low fees and a golf course, alongside proximity to hiking trails, parks, and scenic mountain views, enhancing lifestyle appeal.
Luxurious Primary Suite: The spacious primary bedroom includes a private balcony overlooking the backyard, a large bathroom with a soaking tub, and a walk-in closet, offering a private and comfortable retreat.

Cons

Overpriced Relative to Market: The current list price of $575,000 is significantly higher than the estimated property value of $491,266.25 and some recent comparable sales, potentially making it less competitive.
Smaller Lot Size: With a lot size of 4,356 sqft, the property offers less outdoor space compared to some similar homes in the area, which might be a consideration for buyers desiring larger yards.
No Downstairs Bedroom/Bathroom: All bedrooms are located on the second floor, which may not appeal to buyers seeking a convenient downstairs bedroom for guests, multi-generational living, or accessibility.

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