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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
•76d 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 byPremier Realty Associates, 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 in line with the median closed sale of $547,000. Price per sqft ($275) is a 12% discount to closed comps ($314). Closed comps sold at 101% of list — strong seller's market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $535K· $275/sqft
Total list price
Closed comps
vs closed median $547K
−$12K (−2.2%)
Active comps
vs active median $588K
−$53K (−9.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $382
−$107 (−28.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
15220 Dawning CourtLake Elsinore2024321,9417,405$303$588,0003973
15153 SpinnakerLake Elsinore2003432,4777,405$242$599,9902765
15361 DarnellLake Elsinore2026321,56910,576$363$569,9004364
16708 JoyLake Elsinore2024431,2725,227$471$599,0004757
33288 LandervilleLake Elsinore1976218643,049$532$459,5003854
Total: 5 · Average3.22.21,624.66,732.4$382.2$563,27838.8
Median1,569$588,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
32850 PepperLake Elsinore198707/24/2026321,9423,049$525,000$483,000$2490.9212885
32882 PepperLake Elsinore200808/12/2026331,2722,614$475,000$470,000$3690.997677
15148 AnchorLake Elsinore199107/01/2026431,8796,098$560,000$585,000$3111.042776
33130 ShorelineLake Elsinore199508/05/2026431,6775,227$550,000$550,000$3281.007574
33130 Trabuco DriveLake Elsinore199004/28/2026321,7546,970$500,000$547,000$3121.092871
Total: 5 · Average3.42.61,704.84,791.6$527,000$527,000$313.8—66.8
Median1,754$547,000$547,000

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.