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29431 Pierce Avenue, Lake Elsinore, CA 92530

$699K3bd · 1ba · 1,867 sqft
Lot 27,878 sqft•Single Family Residence•
Active
•27d on market•MLS# SW-26217965

Property Description

Step into a warm and welcoming retreat tucked away in Lake Elsinore’s historic Country Club Heights, where storied Golden Age charm meets relaxed modern living. Rumored to have once welcomed Hollywood legends like Bob Hope, Mae West, and Fred Astaire under the hospitality of star Toby Wing, this California Ranch sanctuary now invites you to write your own chapter of easy comfort. Arriving up the 180-foot widened driveway framed by a newer retaining wall, you immediately feel a sense of seclusion and peace. Inside, thoughtful updates seamlessly complement timeless character, from the inviting wood flooring in the dining area and vintage tile in the kitchen to the cozy stone fireplace warming the primary suite. Modern peace of mind is woven throughout with an updated electrical panel, copper water lines, an oversized hot water heater, a dual mini-split HVAC system, double-pane windows and doors, and window coverings with a lifetime guarantee. A bright loft and expanded front entry provide generous living space, while a large crawl space, detached workshop, and detached gardening shed offer room for every hobby and storage need. Outside, newer roofs protect both the garage and extra-large A-frame carport, and three generous decks provide the perfect vantage point to unwind, take in panoramic lake views, and savor quiet sunset moments. Ready to wrap you in comfort, this home is a rare historic gem waiting to welcome you through the front door.

Features & Amenities

FeeBuilt 1933

Property Details

Land Type
Fee
Year Built
1933
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air, Wall/Window Unit(s), See Remarks
View
City Lights, Hills, Lake, Mountain(s)
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byReliable Realty Inc., Hank Greer

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,534.52
Principal & Interest
Loan Amount
$559,200
Total Interest
$713,229
Total Payment Over 30 Years
$1,272,429
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Residential Tier · 5 active · 5 closed

29431 Pierce Avenue, Lake Elsinore, CA 92530

Lake Elsinore · Single Family Residence

$699K
Residential Tier
Beds
3
Baths
1
Sqft
1,867
Lot
27,878 sqft
Year
1933
$/Sqft
$374
Pool: No✓
View: city✓
Garage: 1-car✓

Listed 15.5% above the median closed sale of $605,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $699K· $374/sqft
Total list price
Closed comps
vs closed median $605K
+$94K (+15.5%)
Active comps
vs active median $652K
+$47K (+7.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $335
+$39 (+11.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
15059 ZieglindeLake Elsinore1983422,05124,829$351$720,0008273
4565 Avellino PlaceLake Elsinore2026321,8404,834$326$599,9902473
5049 Siena CourtLake Elsinore2026321,74212,412$374$651,99012472
4793 SicilyLake Elsinore2024422,0275,227$333$674,9994369
884 Porta Marina LaneLake Elsinore2025332,2188,295$293$649,99015068
Total: 5 · Average3.42.21,975.611,119.4$335.4$659,393.884.6
Median2,027$651,990

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
4708 Swan AvenueLake Elsinore202607/28/2026321,74215,553$608,423$605,000$3470.995475
16297 GunnersonLake Elsinore202512/05/2025432,1415,000$599,000$599,000$2801.004271
1055 Sardinia DriveLake Elsinore202504/17/2026421,9765,078$608,990$630,039$3191.0313669
848 Porta Marina LaneLake Elsinore202511/25/2025422,0277,955$583,432$603,521$2981.0314569
16651 Marshall AvenueLake Elsinore197109/03/2026321,248239,580$799,990$711,000$5700.8912568
Total: 5 · Average3.62.21,826.854,633.2$629,712$629,712$362.8—100.4
Median1,976$605,000$605,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.