31038 Ponderosa, Lake Elsinore, CA 92530
31038 Ponderosa, Lake Elsinore, CA 92530
Property Description
THIS PRICE IS FOR A FAST SALE!!!!! Beautiful Manufactured Home located in one of the most beautiful areas of Lake Elsinore, CA. This house consists of 2 legal bedrooms and 2 baths, but it has den which is being used as a 3rd bedroom. Great curb appealing and recently painted in and out. New flooring and spacious bedrooms. Come and see it since it won’t last at this price.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Lake Elsinore · Manufactured On Land
Listed 26.1% below the median closed sale of $480,000. Price per sqft ($246) is a 28% discount to closed comps ($341). Closed comps sold at 101% of list — strong seller's market. Expect a longer timeline — comps averaged 155 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 32845 Morrison Place | Lake Elsinore | 1977 | 3 | 2 | 1,440 | 7,405 | $208 | $299,000 | 36 | 91 |
| 31774 Via Verde | Lake Elsinore | 1987 | 2 | 2 | 1,536 | 6,970 | $254 | $390,000 | 3 | 90 |
| 18306 Oleander Street | Lake Elsinore | 1977 | 3 | 2 | 1,344 | 5,663 | $327 | $439,999 | 98 | 89 |
| 32901 Crescent Avenue | Lake Elsinore | 2004 | 3 | 2 | 1,344 | 6,534 | $290 | $390,000 | 3 | 85 |
| 32565 Wildomar Road | Lake Elsinore | 1970 | 2 | 2 | 1,296 | 6,098 | $309 | $400,000 | 80 | 82 |
| Total: 5 · Average | 2.6 | 2.0 | 1,392 | 6,534 | $277.6 | $383,799.8 | 44 | |||
| Median | 1,344 | $390,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 32551 Crescent Avenue | Lake Elsinore | 1981 | 07/01/2026 | 2 | 2 | 1,456 | 6,970 | $420,000 | $410,000 | $282 | 0.98 | 48 | 85 |
| 1212 Pottery | Lake Elsinore | 2006 | 09/28/2026 | 3 | 2 | 1,311 | 6,098 | $475,000 | $480,000 | $366 | 1.01 | 150 | 84 |
| 31768 Via Verde | Lake Elsinore | 2003 | 06/26/2026 | 3 | 2 | 1,560 | 6,970 | $510,900 | $510,000 | $327 | 1.00 | 418 | 83 |
| 17457 RANSPOT | Lake Elsinore | 2025 | 06/25/2026 | 3 | 2 | 1,494 | 5,663 | $459,900 | $450,000 | $301 | 0.98 | 117 | 82 |
| 28265 Red Gum Drive | Lake Elsinore | 2025 | 07/01/2026 | 3 | 2 | 1,600 | 105,415 | $645,000 | $690,000 | $431 | 1.07 | 40 | 74 |
| Total: 5 · Average | 2.8 | 2.0 | 1,484.2 | 26,223.2 | $508,000 | $508,000 | $341.4 | — | 154.6 | ||||
| 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.