33040 Maiden, Lake Elsinore, CA 92530
33040 Maiden, Lake Elsinore, CA 92530
Property Description
SIGNIFICANT PRICE REDUCTION! RARE LAKE ELSINORE OPPORTUNITY! Discover a 1,637-sq.-ft., 3-bedroom, 2.5-bath home situated on an oversized 50,094-sq.-ft. (approx. 1.15-acre) lot with lake views, a large swimming pool, and expansive outdoor space. Located near Grand Avenue and the lake, the setting offers unusual privacy, with a fire station adjacent and few immediately neighboring residences. The home is approximately 130 years old and needs substantial remodeling and updating. It is NOT turnkey, and the newly reduced price reflects its condition. Cherished by its owners for more than 40 years, this property is ready for its next chapter. FIVE POTENTIAL STRATEGIES are illustrated in the photos: (1) Retain the home and explore adding a second residence; (2) Explore commercial redevelopment; (3) Retain the home and explore two detached 800-sq.-ft. ADUs with proposed garages; (4) Explore subdividing into two approximately 25,047-sq.-ft. lots for future use; or (5) Remodel the existing home and enjoy the land as it sits. Reported General Commercial Mixed-Use (C-1/C-P) zoning adds another dimension worth investigating. Properties combining a home, substantial usable acreage, lake views, and potential development flexibility merit a closer look. Whether you envision restoring a character-filled residence or exploring a longer-term investment strategy, this is a chance to evaluate multiple possibilities at a newly reduced asking price. Bring your contractor, run the numbers, and imagine what could be next! IMPORTANT: Listing photos include both actual property images and digitally generated CONCEPTUAL RENDERINGS ONLY. Depicted new homes, ADUs, garages, lot divisions, landscaping, and other improvements are not existing or approved improvements and are not included in the sale. No development outcome is guaranteed. Buyer to independently verify square footage, lot size, condition, zoning, permitted uses, ADU eligibility, subdivision feasibility, utilities, setbacks, costs, permits, and approvals with the applicable city, county, and agencies.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Lake Elsinore · Single Family Residence
Listed in line with the median closed sale of $490,000. Price per sqft ($305) is a 20% discount to closed comps ($379). Closed comps sold at 102% of list — strong seller's market.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 17525 Bodkin | Lake Elsinore | 2008 | 4 | 3 | 1,720 | 6,098 | $291 | $499,999 | 41 | 64 |
| 33155 Adelfa Street | Lake Elsinore | 1947 | 3 | 2 | 1,000 | 6,098 | $495 | $495,000 | 128 | 61 |
| 32961 Urban Avenue | Lake Elsinore | 1947 | 2 | 1 | 1,150 | 4,356 | $413 | $475,000 | 116 | 59 |
| 33174 Tetterington | Lake Elsinore | 1947 | 3 | 2 | 1,000 | 3,920 | $465 | $464,900 | 58 | 58 |
| 33051 Adelfa | Lake Elsinore | 1974 | 3 | 1 | 864 | 7,405 | $538 | $464,995 | 113 | 56 |
| Total: 5 · Average | 3.0 | 1.8 | 1,146.8 | 5,575.4 | $440.4 | $479,978.8 | 91.2 | |||
| Median | 1,000 | $475,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17430 Crawford | Lake Elsinore | 1986 | 06/09/2026 | 3 | 2 | 1,536 | 6,098 | $508,000 | $521,000 | $339 | 1.03 | 147 | 68 |
| 33208 Gillette Street | Lake Elsinore | 1986 | 11/13/2025 | 3 | 2 | 1,283 | 6,089 | $499,800 | $502,500 | $392 | 1.00 | 37 | 66 |
| 17622 Sutherland | Lake Elsinore | 1993 | 05/22/2026 | 3 | 3 | 1,268 | 3,920 | $479,900 | $490,000 | $386 | 1.02 | 39 | 65 |
| 17603 Hays | Lake Elsinore | 2020 | 07/17/2026 | 3 | 2 | 1,139 | 3,920 | $444,888 | $460,000 | $404 | 1.03 | 154 | 64 |
| 17657 Hayes Avenue | Lake Elsinore | 1965 | 05/08/2026 | 3 | 2 | 1,300 | 6,098 | $470,000 | $488,000 | $375 | 1.04 | 44 | 63 |
| Total: 5 · Average | 3.0 | 2.2 | 1,305.2 | 5,225 | $492,300 | $492,300 | $379.2 | — | 84.2 | ||||
| Median | 1,283 | $490,000 | $490,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.