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28392 Red Gum Dr, Lake Elsinore, CA 92532

Sale Price: $425,000
Feb 28, 20251,000 sqft3 beds1 baths
Listed by: Jensen Kierulff
License #: 01960151
Phone #: 951-430-3690
Blue Jay Realty
Source:
CRMLS Logo
MLS #: SW25045096

Property Description

BACK ON MARKET. Rare 3 bedroom 1 bathroom single story home on 0.42 acres with a flat, gated, yard-style lot and a 30x30' steel shop. Ideal for the small business owner/operator or family in search of a large gated yard, oversized garage, and clean residential home with a 3 yr old roof and updated HVAC system within the last 5 yrs. Conveniently located just 2 minutes from the HWY 74 and 15 FWY offramp at Central, walking distance to shops, restaurants, Lowes, Costco, Walmart and many other amenities and business parks. The property reaches from Red Gum in the front, with potential pull-through access to Smith Rd to the rear with some very minor alteration, being located near so many amenities yet still in a rural setting. This is a very flexible and usable property that is hard to come by in the way of location, use, and condition. Sale and lot size includes the parcel to the north with separate APN and a dimension of 16'x163'. Home structure is framed on slab, not manufactured.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$7,518

TurboHome Estimated Value

$463,100

$463 sqft

High Valuation
$486,255
$486/sqft
Normal Valuation
$463,100
$463/sqft
Low Valuation
$439,945
$440/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$463/sqft$463,100

Neighborhood

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Comparative Value

$310K

$350K

$398K

$425K

$490K

28398 Smith Ave, Lake Elsinore, CA 92532

Sale Price: $310,000

Selected Comparable

18365 Honey Ln, Lake Elsinore, CA 92532

Sale Price: $350,000

Selected Comparable

18345 Walnut Ave, Lake Elsinore, CA 92532

Sale Price: $398,000

Selected Comparable

28392 Red Gum Dr, Lake Elsinore, CA 92532

List Price: $425,000

Subject Property

28392 Red Gum Dr, Lake Elsinore, CA 92532

Sale Price: $425,000

Selected Comparable

28346 Haygood Way, Lake Elsinore, CA 92532

Sale Price: $490,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
28392 Red Gum Dr, Lake Elsinore, CA 92532

28392 Red Gum Dr, Lake Elsinore, CA 92532

List: $425,000

Listed: 2/28/2025

Area:1,000 sqft
Price/sqft:$425
Beds:3
Baths:1
Year Built:
Lot Size:18,296

Comparable Properties

COMPARABLE
Choose comps
28392 Red Gum Dr, Lake Elsinore, CA 92532

28392 Red Gum Dr, Lake Elsinore, CA 92532

Sale: $425,000

5/13/20250.00 mi

Area:1,000 sqft
Price/sqft:$425
Beds:3
Baths:1
Year Built:
Weight:26.9%
18345 Walnut Ave, Lake Elsinore, CA 92532

18345 Walnut Ave, Lake Elsinore, CA 92532

Sale: $398,000

7/18/20250.23 mi

Area:1,172 sqft
Price/sqft:$340
Beds:3
Baths:2
Year Built:
Weight:21.1%
28398 Smith Ave, Lake Elsinore, CA 92532

28398 Smith Ave, Lake Elsinore, CA 92532

Sale: $310,000

3/24/20250.05 mi

Area:1,344 sqft
Price/sqft:$231
Beds:3
Baths:2
Year Built:
Weight:17.6%
18365 Honey Ln, Lake Elsinore, CA 92532

18365 Honey Ln, Lake Elsinore, CA 92532

Sale: $350,000

5/5/20250.40 mi

Area:924 sqft
Price/sqft:$379
Beds:2
Baths:2
Year Built:
Weight:17.4%
28346 Haygood Way, Lake Elsinore, CA 92532

28346 Haygood Way, Lake Elsinore, CA 92532

Sale: $490,000

10/4/20240.40 mi

Area:1,248 sqft
Price/sqft:$393
Beds:3
Baths:2
Year Built:
Weight:17.0%

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