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Sold for $625,000
  • Listed by: Golden Eagle Properties • Jenny Waite-Gonzalez • Contact: 800-763-7154
    Bought with: Golden Eagle Properties
    $625,000

    21341 Olive St, Lake Elsinore, CA 92530

    5beds
    1,820sqft
    Single Family Residence
    Built in 1946
    4.47 Acres Lot
    $828,200 Zestimate®
    $343/sqft
    $3,652 Estimated rent

    Home value

    $828,200

    $737,000 - $936,000

    $3,652/mo

    Zestimate® history
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    What's special

    Sliding doorsLarge corner feederFlat and usable landDual street accessGenerous acreage
    Welcome to 21341 Olive St, a unique and desirable property located on the border of Wildomar in the scenic city of Lake Elsinore, California. Spanning an expansive 4.47 acres, this exceptional property offers a rare combination of space, usability, and access from two streets. This amazing property offers 2 homes, one is the original stick built home that is ready for your imagination to update and make your own and the 2nd structure is a 2 bedroom 2 bath manufactured home. Both need some TLC but have the bones to turn into your dream homes. Also included is a beautiful BarnMaster 16' breezeway barn with 12'x40' porch, 3- 12'x12' stalls with sliding doors front and back and feed doors at corner with large corner feeder and 1-12 x12' tack room/office. This property presents an abundance of possibilities for those seeking a spacious retreat for their dream home or considering development opportunities, this property can be split into 1/2 acre parcels. The generous acreage provides ample room for creative projects and gives you the freedom to let your imagination run wild.Another fantastic feature of this property is its flat and usable terrain. The land is level and presents a blank canvas, ready to be transformed into whatever you envision. The flat topography offers ease of development and allows for flexible arrangements of structures, amenities, and landscaping.Additionally, this property boasts the advantage of dual street access. With entrances from two streets, it provides both convenience and accessibility from different points, simplifying project planning and design. The dual access enhances the property's potential for various uses, whether you aspire to create a private estate or explore development options. Situated on the border of Wildomar and Lake Elsinore, this property is surrounded by the amenities and attractions of both communities. Nearby, you'll find a range of entertainment, shopping, and dining experiences to satisfy your preferences. Families will appreciate the convenience of excellent schools located in proximity, ensuring quality education for children. Outdoor enthusiasts will find pleasure in the nearby Lake Elsinore, famous for its recreational activities such as boating, fishing, and hiking. With flat and usable land, dual street access, and proximity to the amenities of Wildomar and Lake Elsinore offers a truly exceptional opportunity for those seeking a versatile property for their dream home or development projects.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jenny Waite-Gonzalez DRE #01428422 800-763-7154,

    Golden Eagle Properties

    Bought with:

    Jenny Waite-Gonzalez, DRE #01428422

    Golden Eagle Properties

    Source: CRMLS,MLS#: SW23112656MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 2
    • Main level bedrooms: 5
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Laundry: Laundry Room
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,820 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: Front Door
    • Pool features: None
    • Fencing: Chain Link
    • Has view: Yes
    • View description: City Lights, Hills, Mountain(s), Neighborhood, Pasture
    Lot
    • Size: 4.47 Acres
    • Features: Lot Over 40000 Sqft
    Details
    • Additional structures: Barn(s), Two On A Lot
    • Parcel number: 366041024
    • Zoning: R-R
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • Fixer
    • New construction: No
    • Year built: 1946

    Utilities & green energy

    • Sewer: Septic Type Unknown
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Features: Suburban
    • Security: Carbon Monoxide Detector(s)
    Location
    • Region: Lake Elsinore

    Financial & listing details

    • Price per square foot: $343/sqft
    • Tax assessed value: $637,500
    • Annual tax amount: $6,736
    • Date on market: 6/23/2023
    • Cumulative days on market: 48 days
    • Listing terms: Cash to New Loan
    • Exclusions: Corral Panels
    • Road surface type: Paved

    Price history

    DateEventPrice
    9/25/2023Sold$625,000$343/sqft
    Source: CRMLS #SW23112656 Report a problem
    8/15/2023Pending sale$625,000$343/sqft
    Source: CRMLS #SW23112656 Report a problem
    7/15/2023Listed for sale$625,000$343/sqft
    Source: CRMLS #SW23112656 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,736 +4.5%$637,500 +2%
    2024$6,446 +6%$625,000 +709.5%
    2023$6,081 +674%$77,209 +2%
    2022$786 +2%$75,696 +2%
    2021$770 +1%$74,213 +1%
    2020$762 +2%$73,453 +2%
    2019$748 +2%$72,014 +2%
    2018$733 +2%$70,603 +2%
    2017$719 $69,219 +2%
    2016$719 +4.2%$67,863 +1.5%
    2015$690 +2.6%$66,845 +2%
    2014$672 $65,537 +0.5%
    2013-- $65,243 +2%
    2012-- $63,965 +2%
    2011-- $62,712 +0.8%
    2010-- $62,245 -0.2%
    2009-- $62,395 +2%
    2008-- $61,172 +2%
    2007-- $59,973 +47.8%
    2006-- $40,569 +2%
    2005-- $39,775 +3.9%
    2003-- $38,284 +2%
    2002-- $37,534 +2%
    2001$381 +1.5%$36,799 +2%
    2000$376 $36,079
    Find assessor info on the county website

    Neighborhood: 92530

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $828,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $828,200