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33325 Morrell Drive, Lake Elsinore, CA 92530

$775K4bd · 3ba · 2,861 sqft
Lot 37,462 sqft•Single Family Residence•
Active
•84d on market•MLS# SW-26142640

Property Description

CUSTOM BUILT HOME...POOL HOME!! 4 bedroom, 2-1/2 bath home presents a great room that is open to the kitchen, dining, and family rooms. The kitchen has extensive counter space & cupboards, and provides new appliances, new Quartz counters, new sink & faucet. The walk-in pantry is about 50 sq ft, & there is a separate closet-style pantry, perfect to use as your appliance cabinet or bulk storage space. The primary bedroom also offers a woodburning fireplace, access to the 136 square foot deck giving lake & mountain views, and 2 walk-in closets. The property is just under 1 acre, with a split level set-up having the pool, basketball 1/2 court, firepit and bbq island on the upper level, along with a fenced dog kennel area. The lower level is flat and has an "orchard area" with about 20 fruit trees on property - including oranges, apples, avocados, apricots, lemons, etc. There is also a raised bed growing boysenberries in the spring. The property has auto-sprinklers & a drip system and the well (new pump & tech panel) provides water to make this process seamless. The 3-car extended garage, and the oversized driveway give plenty of room for vehicles. A bonus room off the garage works great as an office, workshop, or exercise room. The home is located on a road with only 3 other homes and no neighbors across the street. The property is fully fenced, having a double access fence directly to the back yard (think larger vehicle storage). All this and NO HOA...NO MELLO ROOS. This home is for a buyer who enjoys rural living.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
7
Garage Spaces
3
Heating
Central
Cooling
Central Air, Dual, Electric
View
City Lights, Hills, Lake, Mountain(s), Pool
Flooring
Wood
Roof
Composition
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byShear'Ree Realty Group, Rebecca Shear'Ree

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,918.82
Principal & Interest
Loan Amount
$620,000
Total Interest
$790,776
Total Payment Over 30 Years
$1,410,776
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

33325 Morrell Drive, Lake Elsinore, CA 92530

Lake Elsinore · Single Family Residence

$775K
Residential Tier
Beds
4
Baths
3
Sqft
2,861
Lot
37,462 sqft
Year
1990
$/Sqft
$271
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 3-car✓

Listed 17.4% above the median closed sale of $660,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $775K· $271/sqft
Total list price
Closed comps
vs closed median $660K
+$115K (+17.4%)
Active comps
vs active median $660K
+$115K (+17.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $267
+$4 (+1.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
43 Villa ValtelenaLake Elsinore1998432,58915,246$251$650,00016181
29152 Evans WayLake Elsinore2022432,5147,039$304$764,900374
16514 Running DeerLake Elsinore1989432,6127,405$253$659,9005471
29268 SandpiperLake Elsinore2006432,4997,841$264$659,999769
31955 Daisy Field CourtLake Elsinore2003432,4736,970$263$649,9994168
Total: 5 · Average4.03.02,537.48,900.2$267$676,959.653.2
Median2,514$659,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
14395 AmoroseLake Elsinore198610/09/2026433,00253,143$899,900$855,000$2850.953078
35105 LomaLake Elsinore199209/08/2026442,618102,802$1.15M$1.10M$4200.9618375
31771 Indian Spring RoadLake Elsinore200009/28/2026532,6718,276$599,999$610,000$2281.029072
29161 Dune PrimroseLake Elsinore202109/30/2026432,4615,554$645,000$645,000$2621.004372
40112 Oregold CourtLake Elsinore200609/09/2026432,64312,197$649,000$660,000$2501.026271
Total: 5 · Average4.23.22,67936,394.4$774,000$774,000$289—81.6
Median2,643$660,000$660,000

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.