$490,000

32989 Pepper Dr Lake Elsinore, CA 92530

Estimated payment $2,803/month

Total Views 4,464
2 Beds
2 Baths
968 Sq Ft
$506 Price per Sq Ft

Highlights

  • Popular Property
  • Lake View
  • Loft
  • Access To Lake
  • Community Lake
  • Granite Countertops

About This Home

This charming two-bedroom, two-bath home offers private lake access and is just a short walk from the water. Whether you're heading out for a morning paddle, enjoying an evening stroll, or relaxing by the shore, this location delivers the lake lifestyle with everyday convenience.
Inside, you'll find a bright and open layout with a spacious loft that can easily be used as a third bedroom, home office, or bonus retreat. The living area flows into a well-appointed kitchen, and both bathrooms offer comfort and functionality. The backyard provides space to unwind, entertain, or personalize to your taste.
With no HOA, low taxes, and easy access to local shops, schools, and the 15 freeway, this home is ideal for weekenders, investors, or anyone seeking a peaceful escape with practical benefits.
Homes this close to the lake with private access and flexible living space are a rare find. Come experience it before it's gone.

Listing Agent

Arturo Aguilar

Realty Masters & Associates, I Brokerage Phone: 949-558-4503 License #02149976 Listed on: 08/15/2025

Realty Masters & Associates, I

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,591

Year Built

  • Built in 1964

Lot Details

  • 3,049 Sq Ft Lot
  • Wood Fence
  • Private Yard
  • Property is zoned C-1/C-P

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Property Views

  • Lake
  • Valley

Interior Spaces

  • 968 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Living Room with Fireplace
  • Loft
  • Tile Flooring

Kitchen

  • Six Burner Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Access To Lake

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Lake

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 381061028
  • $42 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,591

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: C-1/C-P
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 381061028
  • Year Built: 1964
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 968.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: French Doors
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 506.20
  • Room Type: All Bedrooms Down, Loft
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • View: Lake, Valley
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Lake

Schools

  • School District: Lake Elsinore Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 3049.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3049.0000 Square Feet
  • Number Of Units Total: 1
  • Waterfront Features: Lake

Tax Info

  • Tax Census Tract: 464.02
  • Tax Lot: 37
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 42.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,591 $423,300 $102,000 $321,300
2023 $1,591 $154,521 $33,799 $120,722
2022 $1,539 $151,492 $33,137 $118,355
2021 $1,508 $148,523 $32,488 $116,035
2020 $1,492 $147,001 $32,155 $114,846
2019 $1,462 $144,120 $31,525 $112,595
2018 $1,433 $141,295 $30,907 $110,388
2017 $1,404 $138,525 $30,301 $108,224
2016 $1,352 $135,809 $29,707 $106,102
2015 $1,334 $133,770 $29,261 $104,509
2014 $1,292 $131,152 $28,689 $102,463
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 For Sale $490,000 +18.1% $506 / Sq Ft
04/19/2024 04/19/24 Sold $415,000 +3.8% $429 / Sq Ft
03/21/2024 03/21/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $400,000 -- $413 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed $415,000 Lawyers Title
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Grant Deed $128,000 Ticor Title
Interfamily Deed Transfer -- None Available
Trustee Deed $234,000 Accommodation
Grant Deed $175,000 United Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $407,483 FHA
Previous Owner $145,798 New Conventional
Previous Owner $136,500 New Conventional
Previous Owner $124,755 FHA
Previous Owner $252,000 Unknown
Previous Owner $63,000 Stand Alone Second
Previous Owner $125,000 Credit Line Revolving
Previous Owner $75,108 Unknown
Previous Owner $140,000 Purchase Money Mortgage
Closed $35,000 No Value Available
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25173990

California Regional Multiple Listing Service (CRMLS)

APN: 381-061-028