18374 Oleander Avenue, Lake Elsinore, CA 92532
18374 Oleander Avenue, Lake Elsinore, CA 92532
Property Description
Short Sale Opportunity! Don’t miss the chance to own this beautiful 3-bedroom, 2 bath, 1,305 sq. ft. newer manufactured home on a permanent foundation with 433A certification plus, no HOA and you own the land! Designed for comfortable, modern living, the open concept kitchen features newer appliances, a large center island with breakfast bar, and flows seamlessly into the dining and spacious living areas perfect for entertaining and everyday living. The private primary suite features an ensuite bath with a large soaking tub, separate shower, and private water closet. Additional highlights include custom blinds throughout, indoor laundry, a full guest bath with tub/shower combination, and newer air conditioning. Outside, enjoy a fully fenced lot, concrete driveway, and RV parking, offering added privacy and flexibility. Conveniently located near shopping, dining, and freeway access. A great opportunity to own a move-in-ready home with no HOA and your own land at an exceptional value. Short sale; purchase is subject to lender approval.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Lake Elsinore · Manufactured On Land
Listed 9.4% below the median closed sale of $480,000. Closed comps sold at 103% of list — strong seller's market. Expect a longer timeline — comps averaged 162 days on 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 28186 Wells Fargo | Lake Elsinore | 2025 | 3 | 2 | 1,400 | 7,405 | $354 | $494,990 | 57 | 94 |
| 32901 Crescent Avenue | Lake Elsinore | 2004 | 3 | 2 | 1,344 | 6,534 | $290 | $390,000 | 3 | 87 |
| 32565 Wildomar Road | Lake Elsinore | 1970 | 2 | 2 | 1,296 | 6,098 | $309 | $400,000 | 80 | 83 |
| 32845 Morrison Place | Lake Elsinore | 1977 | 3 | 2 | 1,440 | 7,405 | $208 | $299,000 | 37 | 83 |
| 18306 Oleander Street | Lake Elsinore | 1977 | 3 | 2 | 1,344 | 5,663 | $327 | $439,999 | 99 | 82 |
| Total: 5 · Average | 2.8 | 2.0 | 1,364.8 | 6,621 | $297.6 | $404,797.8 | 55.2 | |||
| Median | 1,344 | $400,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 17457 RANSPOT | Lake Elsinore | 2025 | 06/25/2026 | 3 | 2 | 1,494 | 5,663 | $459,900 | $450,000 | $301 | 0.98 | 117 | 92 |
| 1212 Pottery | Lake Elsinore | 2006 | 09/28/2026 | 3 | 2 | 1,311 | 6,098 | $475,000 | $480,000 | $366 | 1.01 | 150 | 89 |
| 18330 Eucalyptus Avenue | Lake Elsinore | 2008 | 08/14/2026 | 3 | 2 | 1,056 | 6,098 | $380,000 | $410,000 | $388 | 1.08 | 85 | 87 |
| 28265 Red Gum Drive | Lake Elsinore | 2025 | 07/01/2026 | 3 | 2 | 1,600 | 105,415 | $645,000 | $690,000 | $431 | 1.07 | 40 | 83 |
| 31768 Via Verde | Lake Elsinore | 2003 | 06/26/2026 | 3 | 2 | 1,560 | 6,970 | $510,900 | $510,000 | $327 | 1.00 | 418 | 79 |
| Total: 5 · Average | 3.0 | 2.0 | 1,404.2 | 26,048.8 | $508,000 | $508,000 | $362.6 | — | 162 | ||||
| Median | 1,494 | $480,000 | $480,000 | ||||||||||
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.