314 Acacia, Lake Elsinore, CA 92530
314 Acacia, Lake Elsinore, CA 92530
Property Description
This is your chance to get in on the growing demand in Downtown Lake Elsinore! 314 Acacia is a truly unique property offering character, flexibility, and exciting future potential. Completely renovated approximately three years ago, the home features a newer roof and plumbing, in-unit laundry, beautifully resurfaced original hardwood floors, an updated kitchen and bathroom, and an extra-large finished basement/bonus space—ideal for a game room, home office, hobby space, or additional storage. The property offers generous outdoor space with multiple tiered areas for gardening, patio and entertaining areas, and beautiful lake views. The size and layout of the property may also provide opportunities to expand the existing home or explore an ADU for additional living space, multigenerational living, or potential rental use. Buyer to independently verify all development, expansion, and ADU possibilities with the City. Downtown Lake Elsinore continues to experience investment and planned development, with infrastructure improvements in the surrounding area, including sidewalks, curbs, and ongoing septic-to-sewer conversion. Enjoy a front-row seat to local fireworks and events, with views from the home, bedroom windows, or outdoor patio/deck. Conveniently located near the lake, parks, Downtown Lake Elsinore, and Diamond Stadium. A unique opportunity with substantial improvements already completed and plenty of possibilities still ahead. Don’t miss 314 Acacia!
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Lake Elsinore · Single Family Residence
Listed in line with the median closed sale of $475,000.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 103 Flint Street | Lake Elsinore | 1945 | 2 | 1 | 924 | 4,791 | $453 | $418,999 | 20 | 82 |
| 1205 Pottery | Lake Elsinore | 1964 | 3 | 2 | 1,248 | 6,098 | $381 | $474,980 | 11 | 77 |
| 315 Davis | Lake Elsinore | 2024 | 3 | 2 | 1,443 | 8,712 | $371 | $535,000 | 14 | 64 |
| 29421 Hazel | Lake Elsinore | 2017 | 3 | 2 | 1,387 | 3,485 | $346 | $480,000 | 10 | 63 |
| 567 Enzo Street | Lake Elsinore | 2021 | 3 | 3 | 1,667 | 2,185 | $300 | $499,997 | 9 | 62 |
| Total: 5 · Average | 2.8 | 2.0 | 1,333.8 | 5,054.2 | $370.2 | $481,795.2 | 12.8 | |||
| Median | 1,387 | $480,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 305 Line Street | Lake Elsinore | 1962 | 01/22/2026 | 2 | 2 | 1,173 | 17,860 | $460,000 | $427,000 | $364 | 0.93 | 179 | 80 |
| 505 Lookout Street | Lake Elsinore | 1926 | 09/23/2026 | 3 | 1 | 1,176 | 6,970 | $475,000 | $475,000 | $404 | 1.00 | 18 | 78 |
| 290 Moroni | Lake Elsinore | 1955 | 12/19/2025 | 3 | 2 | 1,189 | 16,117 | $515,000 | $523,000 | $440 | 1.02 | 37 | 71 |
| 309 Franklin Street | Lake Elsinore | 1925 | 04/15/2026 | 4 | 2 | 1,187 | 8,276 | $509,000 | $516,000 | $435 | 1.01 | 57 | 68 |
| 513 Lookout | Lake Elsinore | 1925 | 03/02/2026 | 3 | 2 | 1,254 | 8,276 | $455,000 | $465,000 | $371 | 1.02 | 89 | 68 |
| Total: 5 · Average | 3.0 | 1.8 | 1,195.8 | 11,499.8 | $481,200 | $481,200 | $402.8 | — | 76 | ||||
| Median | 1,187 | $475,000 | $475,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.