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31628 Saddle Ridge, Lake Elsinore, CA 92532

$900K6bd · 4ba · 2,867 sqft
Lot 8,276 sqft•Single Family Residence•
Active
•22d on market•MLS# SW-26218524

Property Description

YOUR OWN PRIVATE RESORT WITH $500K+ IN UPGRADES! This exceptional 6-bedroom, 4-bathroom pool home offers approximately 2,867 sq. ft. of beautifully upgraded living space, including a separate-entry space ideal for a private office, guest quarters, or potential gen suite perfect for multigenerational living, extended family, or working from home. The backyard is the true showstopper, with an estimated $500,000+ in pool and outdoor improvements creating a one-of-a-kind private resort. Built directly into the hillside, the spectacular pool features an awesome waterslide, diving area, and a privately tucked-away jacuzzi, offering a secluded place to relax away from the main pool area. A full outdoor shower and bathroom complete the incredible poolside setup. Inside, windows throughout the home bring in tons of natural light, while beautiful stacked-stone accents and a stunning fireplace add warmth and character. The primary suite features its own private balcony and a spa-inspired bathroom with a large two-person shower and luxurious finishes. With six bedrooms, four bathrooms, flexible living spaces, extensive upgrades, no HOA, and a backyard that truly has to be seen to be appreciated, this home offers a rare combination of privacy, versatility, and resort-style living.

Features & Amenities

FeeBuilt 1999

Property Details

Land Type
Fee
Year Built
1999
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Hills, Mountain(s), Pool
Flooring
Tile, Wood
Roof
Tile
City
Lake Elsinore
Zip Code
92532
County
Riverside
Listed byAbundance Real Estate, Austin Cochren

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,550.88
Principal & Interest
Loan Amount
$719,999
Total Interest
$918,319
Total Payment Over 30 Years
$1,638,318
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

31628 Saddle Ridge, Lake Elsinore, CA 92532

Lake Elsinore · Single Family Residence

$900K
Residential Tier
Beds
6
Baths
4
Sqft
2,867
Lot
8,276 sqft
Year
1999
$/Sqft
$314
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 1-car✓

Listed 8.4% above the median closed sale of $830,000. Price per sqft ($314) is a 32% premium to closed comps ($238). Closed comps sold at 100% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $900K· $314/sqft
Total list price
Closed comps
vs closed median $830K
+$70K (+8.4%)
Active comps
vs active median $788K
+$112K (+14.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $256
+$58 (+22.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
16 Del TorinoLake Elsinore1999533,3586,098$235$788,0004867
29136 TanoakLake Elsinore2019532,6516,983$292$774,90010865
63 Volta Del TintoriLake Elsinore2005554,0218,276$214$859,88824662
10 Via Palmieki CourtLake Elsinore2006532,96514,375$275$815,000360
2 Villa RomaLake Elsinore2006532,96538,768$262$776,0002759
Total: 5 · Average5.03.43,19214,900$255.6$802,757.686.4
Median2,965$788,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
21071 Kimberly CourtLake Elsinore200107/30/2026533,43912,632$798,000$814,000$2371.022477
29307 SaltbushLake Elsinore201806/17/2026663,6057,841$859,999$859,000$2381.004772
59 Plaza AvilaLake Elsinore200503/02/2026443,4047,405$869,000$830,000$2440.9512368
23 Volta Del TintoriLake Elsinore200510/05/2026633,23810,890$829,000$835,000$2581.013564
27 Ponte BravaLake Elsinore200109/02/2026543,66211,326$760,000$778,875$2131.024461
Total: 5 · Average5.24.03,469.610,018.8$823,375$823,375$238—54.6
Median3,439$830,000$830,000

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.