108 South Chestnut, Lake Elsinore, CA 92530
108 South Chestnut, Lake Elsinore, CA 92530
Property Description
This is a must see completed remodeled 3 bedroom 2 bath home in the heart of Historic Downtown Main Street. Walk to Old Town, restaurants, shopping and market night. This property is located across from The Lake and has a gorgeous view of the water. Property features a completed 1 bedroom 1 bath ADU perfect for extended family, and enough room for RV parking. Don't miss looking at this one!*SELLER IS WILLING TO PAY BUYER'S RATE DOWN PREMIUM IN ORDER TO LOWER PAYMENT*
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 24.4% above the median closed sale of $450,000. Price per sqft ($534) is a 34% premium to closed comps ($400).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 33174 Tetterington | Lake Elsinore | 1947 | 3 | 2 | 1,000 | 3,920 | $465 | $464,900 | 37 | 87 |
| 33155 Adelfa Street | Lake Elsinore | 1947 | 3 | 2 | 1,000 | 6,098 | $495 | $495,000 | 107 | 85 |
| 16708 Joy | Lake Elsinore | 2024 | 4 | 3 | 1,272 | 5,227 | $471 | $599,000 | 27 | 79 |
| 961 Park | Lake Elsinore | 1978 | 3 | 1 | 1,056 | 4,792 | $460 | $486,000 | 94 | 75 |
| 33399 Blackwell Boulevard | Lake Elsinore | 1985 | 3 | 3 | 1,289 | 3,920 | $310 | $399,999 | 2 | 74 |
| Total: 5 · Average | 3.2 | 2.2 | 1,123.4 | 4,791.4 | $440.2 | $488,979.8 | 53.4 | |||
| Median | 1,056 | $486,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 33124 Case | Lake Elsinore | 1957 | 08/11/2026 | 3 | 2 | 1,200 | 3,920 | $439,000 | $430,000 | $358 | 0.98 | 157 | 80 |
| 16484 Mcpherson | Lake Elsinore | 1976 | 05/27/2026 | 3 | 2 | 1,024 | 3,920 | $480,000 | $480,000 | $469 | 1.00 | 54 | 76 |
| 16430 McPherson | Lake Elsinore | 1979 | 06/15/2026 | 3 | 2 | 1,070 | 6,970 | $450,000 | $450,000 | $421 | 1.00 | 31 | 75 |
| 33170 Schaper Street | Lake Elsinore | 1980 | 09/02/2026 | 3 | 2 | 1,104 | 3,920 | $340,000 | $309,475 | $280 | 0.91 | 29 | 75 |
| 3484 Cherry Blossom Lane | Lake Elsinore | 1987 | 10/06/2026 | 3 | 2 | 1,177 | 6,098 | $570,000 | $555,000 | $472 | 0.97 | 84 | 74 |
| Total: 5 · Average | 3.0 | 2.0 | 1,115 | 4,965.6 | $444,895 | $444,895 | $400 | — | 71 | ||||
| Median | 1,104 | $450,000 | $450,000 | ||||||||||
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.