172 Olive St, Lake Elsinore, CA 92530 - View 1
172 Olive St, Lake Elsinore, CA 92530 - View 2
172 Olive St, Lake Elsinore, CA 92530 - View 3
172 Olive St, Lake Elsinore, CA 92530 - View 4
172 Olive St, Lake Elsinore, CA 92530 - View 5
172 Olive St, Lake Elsinore, CA 92530 - View 6
172 Olive St, Lake Elsinore, CA 92530 - View 7
172 Olive St, Lake Elsinore, CA 92530 - View 8
172 Olive St, Lake Elsinore, CA 92530 - View 9
172 Olive St, Lake Elsinore, CA 92530 - View 10
172 Olive St, Lake Elsinore, CA 92530 - View 11
172 Olive St, Lake Elsinore, CA 92530 - View 12
172 Olive St, Lake Elsinore, CA 92530 - View 13
172 Olive St, Lake Elsinore, CA 92530 - View 14
172 Olive St, Lake Elsinore, CA 92530 - View 15
172 Olive St, Lake Elsinore, CA 92530 - View 16
172 Olive St, Lake Elsinore, CA 92530 - View 17
172 Olive St, Lake Elsinore, CA 92530 - View 18

172 Olive St, Lake Elsinore, CA 92530

List Price: $499,000On Market FlagOn market
Jul 24, 20251,089 sqft3 beds2 baths
Listed by: Shari Dawes
License #: 01957836
Phone #: 951-757-9199
Drive Real Estate, Inc.
Source:
CRMLS Logo
MLS #: SW25167403

Property Description

Welcome to this thoughtfully upgraded 3-bedroom, 2-bathroom single-story home nestled in the heart of historic downtown Lake Elsinore. From the moment you step inside, you'll be greeted by an open-concept floorplan drenched in natural light, perfectly designed for comfortable living & the ease of entertaining. The spacious kitchen offers ample storage, a stylish backsplash, a farmhouse-style single bin sink, a portable island, & a hanging pot rack, all seamlessly flowing into the living & dining areas to create an inviting central gathering space. Freshly painted inside & out, this home also features new bathroom flooring & a beautifully tiled walk-in shower within the primary suite. Outdoors, enjoy year-round living on the updated front, back, & side porches or unwind beneath the cozy outdoor gazebos with string lights, ideal for relaxing evenings or hosting guests. Sitting on a large lot with gated RV parking & a massive backyard full of potential, this property offers endless possibilities. The detached garage includes abundant storage cabinets, a built-in workbench, & a brand-new garage door opener for added convenience. Located just minutes from the lake & within walking distance to Main Street's shops, dining, & local events, this move-in ready gem offers the perfect balance of charm, lifestyle, & location. Don’t miss your chance to make this beautiful home yours!
Assignment
Get a detailed valuation report, schedule a tour or make an offer!
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

$7,068

TurboHome Estimated Value

$485,100

$445 sqft

High Valuation
$509,355
$468/sqft
Normal Valuation
$485,100
$445/sqft
Low Valuation
$460,845
$423/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$445/sqft$485,100

Neighborhood

Loading map...

Comparative Value

$475K

$499K

$540K

$600K

287 E Hill St, Lake Elsinore, CA 92530

Sale Price: $475,000

Selected Comparable

172 Olive St, Lake Elsinore, CA 92530

List Price: $499,000

Subject Property

305 W Sumner Ave, Lake Elsinore, CA 92530

Sale Price: $499,000

Selected Comparable

414 Granite St, Lake Elsinore, CA 92530

Sale Price: $500,000

Selected Comparable

109 S Lindsay St, Lake Elsinore, CA 92530

Sale Price: $540,000

Selected Comparable

603 W Lakeshore Dr, Lake Elsinore, CA 92530

Sale Price: $600,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
172 Olive St, Lake Elsinore, CA 92530

172 Olive St, Lake Elsinore, CA 92530

List: $499,000

Listed: 7/24/2025

Area:1,089 sqft
Price/sqft:$458
Beds:3
Baths:2
Year Built:
Lot Size:7,405

Comparable Properties

COMPARABLE
Choose comps
287 E Hill St, Lake Elsinore, CA 92530

287 E Hill St, Lake Elsinore, CA 92530

Sale: $475,000

5/19/20250.41 mi

Area:1,028 sqft
Price/sqft:$462
Beds:3
Baths:2
Year Built:
Weight:21.8%
414 Granite St, Lake Elsinore, CA 92530

414 Granite St, Lake Elsinore, CA 92530

Sale: $500,000

9/27/20240.56 mi

Area:1,065 sqft
Price/sqft:$469
Beds:3
Baths:2
Year Built:
Weight:20.4%
603 W Lakeshore Dr, Lake Elsinore, CA 92530

603 W Lakeshore Dr, Lake Elsinore, CA 92530

Sale: $600,000

10/1/20240.49 mi

Area:1,023 sqft
Price/sqft:$587
Beds:3
Baths:2
Year Built:
Weight:19.8%
109 S Lindsay St, Lake Elsinore, CA 92530

109 S Lindsay St, Lake Elsinore, CA 92530

Sale: $540,000

3/6/20250.49 mi

Area:1,267 sqft
Price/sqft:$426
Beds:3
Baths:2
Year Built:
Weight:19.3%
305 W Sumner Ave, Lake Elsinore, CA 92530

305 W Sumner Ave, Lake Elsinore, CA 92530

Sale: $499,000

2/18/20250.48 mi

Area:1,292 sqft
Price/sqft:$386
Beds:3
Baths:2
Year Built:
Weight:18.7%

How it Works

1

Meet your local TurboHome agent

We match you with an in-house licensed real estate agent who knows your market
2

We support your home-buying journey

Everything you'd expect your agent to do: touring, analysis, coaching, offers, negotiations, and closing
3

You get big savings

You split the commission with your agent 50/50, saving you thousands compared to a traditional agent
Two iPhones. One with a TurboHome screen that contains a profile photo and 'Meet Kevin' heading. The other with a TurboHome IQ screen with an example Disclosure Summary.
The Mercury News
CBS News
Business Insider
Orange County Register
Silicon Valley
East Bay Times