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29120 Melby Dr, Lake Elsinore, CA 92532 - Main View

29120 Melby Dr, Lake Elsinore, CA 92532 - Additional View 1

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29120 Melby Dr, Lake Elsinore, CA 92532

List Price: $499,000

On market

Jul 29, 20251,152 sqft3 beds2 baths

Listed by: Cristina Ayala

License #: 02200360

Phone #: 619-674-7344

Realty One Group Pacific

Source:

MLS #: PTP2505755

Property Description

Investor Special – Over 33,000 Sq Ft Corner Lot! Flat and usable 33,541 sq ft lot with existing 2 bed, 2 bath manufactured home + bonus room and workshop. Prime location near 15 Fwy, Hwy 74, Costco, Walmart & more. Perfect for new construction, ADU development, or land hold investment. Utilities on site. Endless potential

Assignment

Get a detailed valuation report, schedule a tour or make an offer!

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.”

DRE LICENSE #01997822

California Association of Realtors

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$6,615

TurboHome Estimated Value

$470,000

$408 sqft

High Valuation

$493,500

$428/sqft

Normal Valuation

$470,000

$408/sqft

Low Valuation

$446,500

$388/sqft

3rd Party Estimates

Source	$/sqft	Valuation
HouseCanary	$408/sqft	$470,000

Assignment

Get a detailed valuation report, schedule a tour or make an offer!

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.”

DRE LICENSE #01997822

California Association of Realtors

Neighborhood

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Comparative Value

$310K

$398K

$425K

$490K

$532K

28398 Smith Ave, Lake Elsinore, CA 92532

Sale Price: $310,000

Selected Comparable

18345 Walnut Ave, Lake Elsinore, CA 92532

Sale Price: $398,000

Selected Comparable

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

29120 Melby Dr, Lake Elsinore, CA 92532

List Price: $499,000

Subject Property

18254 Gaffey Ln, Lake Elsinore, CA 92532

Sale Price: $532,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT

29120 Melby Dr, Lake Elsinore, CA 92532

29120 Melby Dr, Lake Elsinore, CA 92532

List: $499,000

Listed: 7/29/2025

Area:1,152 sqft

Price/sqft:$433

Beds:3

Baths:2

Year Built:—

Lot Size:33,541

Comparable Properties

COMPARABLE

Choose comps

18345 Walnut Ave, Lake Elsinore, CA 92532

18345 Walnut Ave, Lake Elsinore, CA 92532

Sale: $398,000

7/18/2025 • 0.95 mi

Area:1,172 sqft

Price/sqft:$340

Beds:3

Baths:2

Year Built:—

Weight:24.0%

28346 Haygood Way, Lake Elsinore, CA 92532

28346 Haygood Way, Lake Elsinore, CA 92532

Sale: $490,000

10/4/2024 • 0.87 mi

Area:1,248 sqft

Price/sqft:$393

Beds:3

Baths:2

Year Built:—

Weight:20.3%

28398 Smith Ave, Lake Elsinore, CA 92532

28398 Smith Ave, Lake Elsinore, CA 92532

Sale: $310,000

3/24/2025 • 0.99 mi

Area:1,344 sqft

Price/sqft:$231

Beds:3

Baths:2

Year Built:—

Weight:20.0%

28392 Red Gum Dr, Lake Elsinore, CA 92532

28392 Red Gum Dr, Lake Elsinore, CA 92532

Sale: $425,000

5/13/2025 • 1.03 mi

Area:1,000 sqft

Price/sqft:$425

Beds:3

Baths:1

Year Built:—

Weight:18.4%

18254 Gaffey Ln, Lake Elsinore, CA 92532

18254 Gaffey Ln, Lake Elsinore, CA 92532

Sale: $532,000

9/4/2024 • 0.94 mi

Area:1,440 sqft

Price/sqft:$369

Beds:3

Baths:2

Year Built:—

Weight:17.3%

Subject Property

SUBJECT

Image	Address	List Price	sqft	Price/sqft	Lot Size	Distance	List Date	Beds	Baths	Year Built	Weight
	29120 Melby Dr, Lake Elsinore, CA 92532	$499,000	1,152	$433	33,541	—	7/29/2025	3	2	—	—

Comparable Properties

COMPARABLE

Choose comps

Image	Address	Sale Price	sqft	Price/sqft	Lot Size	Distance	Sale Date	Beds	Baths	Year Built	Weight
	18345 Walnut Ave, Lake Elsinore, CA 92532	$398,000	1,172	$340	3,920	0.95 mi	7/18/2025	3	2	—	24.0%
	28346 Haygood Way, Lake Elsinore, CA 92532	$490,000	1,248	$393	43,560	0.87 mi	10/4/2024	3	2	—	20.3%
	28398 Smith Ave, Lake Elsinore, CA 92532	$310,000	1,344	$231	20,037	0.99 mi	3/24/2025	3	2	—	20.0%
	28392 Red Gum Dr, Lake Elsinore, CA 92532	$425,000	1,000	$425	18,296	1.03 mi	5/13/2025	3	1	—	18.4%
	18254 Gaffey Ln, Lake Elsinore, CA 92532	$532,000	1,440	$369	21,344	0.94 mi	9/4/2024	3	2	—	17.3%

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List Price: $579,900

40991 Bankhall St, Lake Elsinore, CA 92532

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TurboHome Est. Value:

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45019 Carla Ct, Lake Elsinore, CA 92532

List Price: $579,300

45019 Carla Ct, Lake Elsinore, CA 92532

3 bd 2 ba 1,997 sqft

TurboHome Est. Value:

$545,300

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18040 Eucalyptus Ave, Lake Elsinore, CA 92532

List Price: $435,000

18040 Eucalyptus Ave, Lake Elsinore, CA 92532

3 bd 2 ba 1,296 sqft

TurboHome Est. Value:

$463,600

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