31634 Somerset Dr., Lake Elsinore, CA 92532
31634 Somerset Dr., Lake Elsinore, CA 92532
Property Description
Tuscany Hills Area – Single-Story 3 Bedroom Home on Corner Lot! Welcome, a lovely single-story, 3-bedroom, 2-bath home located in the desirable Tuscany Hills area. Offering approximately 1,553 square feet, this home sits on a corner lot and features a spacious open floor plan designed for comfortable everyday living. The kitchen features a large breakfast island that opens to the main living area, providing a great space for dining, entertaining, or gathering with family and friends. The primary bedroom includes a walk-in closet, and the home also features a covered patio, providing additional space to relax and enjoy the outdoors. Conveniently located near the I-15 Freeway, this property offers easy commuter access and is close to shopping, dining, and the Lake Elsinore Outlets. The location also provides convenient access south toward Temecula and San Diego.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Lake Elsinore · Single Family Residence
Listed 6.8% below the median closed sale of $590,000. Price per sqft ($354) is a 27% premium to closed comps ($279). Closed comps sold at 102% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 31685 Canyon Ridge | Lake Elsinore | 2001 | 4 | 3 | 2,123 | 6,534 | $283 | $600,000 | 1 | 70 |
| 29421 Hazel | Lake Elsinore | 2017 | 3 | 2 | 1,387 | 3,485 | $346 | $480,000 | 10 | 68 |
| 513 Pablo | Lake Elsinore | 2022 | 3 | 3 | 1,771 | 1,555 | $299 | $529,900 | 2 | 67 |
| 29530 Major League | Lake Elsinore | 2012 | 3 | 2 | 1,920 | 7,840 | $318 | $610,000 | 45 | 67 |
| 29457 Major League | Lake Elsinore | 2015 | 4 | 2 | 1,739 | 5,227 | $321 | $559,000 | 47 | 66 |
| Total: 5 · Average | 3.4 | 2.4 | 1,788 | 4,928.2 | $313.4 | $555,780 | 21 | |||
| Median | 1,771 | $559,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31611 Saddle Ridge | Lake Elsinore | 1999 | 06/05/2026 | 3 | 2 | 2,068 | 6,534 | $549,999 | $550,000 | $266 | 1.00 | 183 | 80 |
| 31707 Indian Spring Road | Lake Elsinore | 1999 | 12/19/2025 | 4 | 2 | 1,780 | 6,098 | $578,888 | $600,000 | $337 | 1.04 | 131 | 80 |
| 31771 Indian Spring Road | Lake Elsinore | 2000 | 09/28/2026 | 5 | 3 | 2,671 | 8,276 | $599,999 | $610,000 | $228 | 1.02 | 91 | 74 |
| 21001 High Crest Drive | Lake Elsinore | 1999 | 01/23/2026 | 4 | 3 | 2,009 | 9,148 | $580,000 | $590,000 | $294 | 1.02 | 137 | 72 |
| 31668 Rockridge Circle | Lake Elsinore | 2001 | 11/25/2025 | 3 | 2 | 2,068 | 7,405 | $549,000 | $555,000 | $268 | 1.01 | 32 | 70 |
| Total: 5 · Average | 3.8 | 2.4 | 2,119.2 | 7,492.2 | $581,000 | $581,000 | $278.6 | — | 114.8 | ||||
| Median | 2,068 | $590,000 | $590,000 | ||||||||||
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.