33161 Pederson Lake Elsinore, CA $ 498,000
33161 Pederson
$ 498,000
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33161 Pederson

Lake Elsinore, CA, 92530
$ 498,000
Bedrooms2 Baths1.0 Sq 931

Monthly Estimate*

$ 3,066

Listed by BHHS CA Properties
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Single Family Home for sale in Lake Elsinore, CA

for $498,000 with 2 bedrooms and 1 full bath. This 931 square foot home was built in 1947 on a lot size of 0.29.

TWO LOTS INCLUDED!! This is a rare opportunity to own a charming mid-century bungalow, AND the additional adjoining parcel that is also included! Per Realist Tax, the two properties combined form a lot of approx.12,632 sq ft, and they are located just a few blocks from the lake. The property offers great flexibility with plenty of space for outdoor activities and lots of room to park an extra car, an RV, a boat, or other toys. A charming front gable with wood railings enhances the entry, while a newer concrete pad off the side door creates a great space for BBQs, or dining al-fresco under the stars. Inside, you’ll find laminate flooring, refreshed paint, smooth ceilings, dual-pane E-glass windows, and updated doors that enhance both comfort and efficiency. This delightful single story home features classic architectural gables, abundant natural light, a bright, sunny, and cheerful interior that flows throughout the home. The spaces feel open & colorful, with sunlight pouring in to create a warm, welcoming atmosphere. The spacious, light, and bright kitchen has upgraded counters, a newer gas range, custom glass front cabinets, and plenty of room for a breakfast table and chairs where you can enjoy a morning meal while you take in the view through the picture window of the sparkling mountain vistas. The interior floor plan includes 2 well-sized bedrooms and 1 bath. The elegant living room and comfortable dining room have lots of framed windows and upgraded flooring. The spacious primary bedroom has a walk-in closet. Ceiling fans are located in the living room, kitchen, and both bedrooms. The kitchen includes an updated faucet, and the home features updated blinds throughout. A converted garage serves as extra storage or a flexible art or craft space, offering opportunity for finishing touches and personalization. The utility room has been converted into a functional indoor laundry area, and there is even a convenient hallway linen closet. Other important updates to this special home took place, per the seller approximately 8 years ago, and include replacing the roof, adding dual pane windows, updating the siding, and upgrading the interior and exterior doors. This is a home filled with light, character, and charm —offering comfort today and possibilities for tomorrow. Whether you're a homebuyer with a vision, or an investor looking to find your next project, this versatile 2-bedroom, 1-bathroom home with an additional adjoining parcel could be it.

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Single Family Active

Price

$ 498,000

Bedrooms

2

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

0.29

Year Built

1947

Town/City

Lake Elsinore

County/Region

Riverside

MLS | Web ID

IG26104181

Days on Market

4

Features
General
Living Area 931
Sewer Unknown
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Electricity Connected Natural Gas Connected Water Connected
Possession Negotiable
Roof Asphalt
Appliances Gas Range
HOA Fee 0
Garage Spaces 1
Patio/Porch Features Concrete Porch
Architectural Style Bungalow
Pool Features None
Year Built 1947
View Mountain(s)
Stories Count 1
Levels One
Property Subtype Single Family Residence
Community Features Foothills Lake
Additional Parcels Description 382022026
County Riverside
New Construction false
Property Type Residential
HOA false
Attached Garage true
Garage Y/N true
Full Baths 1
Special Listing Conditions Standard Trust
Status Active
Directions Grand to Pederson
High School Lakeside
City Lake Elsinore
Entry Location 1
Senior Community Y/N false
High School District Lake Elsinore Unified
Number Of Units Total 1
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 12632
Listing Terms Cash Cash to New Loan Conventional FHA
Spa Features None
Property Attached Y/N false
Land Lease Y/N false
Current Financing Conventional
Additional Parcels Y/N true
Lease Considered Y/N false
Virtual Tour https://youtu.be/3W7__QfU1_4 https://www.dropbox.com/scl/fi/2acholibo742lhk6x4l58/33161Pederson-LakeElsinore.mp4?rlkey=ts17aasn8yiewh6z3s0nldkwj&st=ylp55c97&dl=0
Structure Type House
Living Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Assessor
Tax Lot 70
Property Sub Type Additional Single Family Residence
Expected Active Date 2026-05-15
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Interior
Interior Amenities Separate/Formal Dining Room Eat-in Kitchen See Remarks
Fireplace Features None
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds Double Pane Windows
Fireplace Y/N false
Laundry Features Inside See Remarks
Total Bedrooms 2
Entry Level 1
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 1
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Exterior
Parking Features Converted Garage Direct Access Garage
Lot Features Front Yard Street Level
Water Source Public
Total Parking 1
Lot Size Area 12632
Foundation Details Raised
Spa false
Lot Size Acres 0.29
Private Pool false
Lot Size Source Other
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* Excluded Features
List By
Bhhs Ca Properties

Broker

jill.ross@bhhscaproperties.com

Email

Affordability Calculator

$3,066
Per Month
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Monthly Principal & Interest
$3,066
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4825501 Elementary School
4825500 Middle School
Lakeside High School High School
Pricing History
DatePricePrice ChangeDescription
5/14/2026$498,000 Listed Price

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33161 Pederson, Lake Elsinore, CA, 92530 is a Single Family Home for sale at $498,000 with 931 sqft and a lot size of 0.29. 33161 Pederson has 2 bedrooms, 1.0 baths, and was built in 1947. The property's zip code is 92530 which is in Lake Elsinore, CA