33161 PedersonLake Elsinore, CA 92530

Single Family · 2 Beds · 1 Full Bath · 931 Sq. ft. | 0.29 Acres
$498,000 Active

33161 Pederson Overview

Time on Site:
46 days
Visits:
0

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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33161 Pederson Facts & Features

  • Type Single Family
  • Sq. ft. 931
  • Price/Sq.ft. $535
  • Lot 0.29 Acres

Details

General

Association/HOA

  • Association: No
  • Common Interest: None

School Information

  • School District: Lake Elsinore Unified
  • High School: Lakeside

Building Information

  • New Construction: No
  • Year Built: 1947

Location/Region

  • Country: US
  • County Or Parish: Riverside
  • MLS Area Major: 699 - Not Defined
  • Postal City: LAKE ELSINORE

Community/Development

  • Community Features: Foothills,Lake

Rent/Lease Information

  • Land Lease: No
  • Lease Considered: No

General Information

  • Listing Terms: Cash,Cash to New Loan,Conventional,FHA
  • Parcel Number: 382022027
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: No
  • Special Listing Conditions: Standard,Trust

Interior

Parking Information

  • Garage Spaces: 1.0
  • Garage: Yes

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Total: 1
  • Bedrooms Total: 2

General Information

  • Appliances: Gas Range
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Entry Location: 1
  • Fireplace Features: None
  • Fireplace: No
  • Foundation Details: Raised
  • Interior Features: Separate/Formal Dining Room,Eat-in Kitchen,See Remarks
  • Laundry Features: Inside,See Remarks
  • Levels: One
  • Living Area: 931.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Spa Features: None
  • Spa: No
  • Stories: 1
  • Stories Total: 1
  • Window Features: Blinds,Double Pane Windows

Exterior

Parking Information

  • Parking Features: Converted Garage,Direct Access,Garage
  • Parking Total: 1.0

Lot Information

  • Additional Parcels Description: 382022026
  • Additional Parcels: Yes
  • Lot Features: Front Yard,Street Level
  • Lot Size Acres: 0.29
  • Lot Size Area: 12632.0
  • Lot Size Source: Other
  • Lot Size Square Feet: 12632.0
  • Lot Size Units: Square Feet
  • Elevation Units: Feet
  • Water Source: Public

Waterfront/View

    Building Exterior/Construction

    • Architectural Style: Bungalow
    • Attached Garage: Yes
    • Patio And Porch Features: Concrete,Porch
    • Property Attached: No
    • Roof: Asphalt
    • Structure Type: House

    General Information

    • Number Of Units Total: 1
    • Pool Features: None
    • Pool Private: No
    • Sewer: Unknown
    • Utilities: Electricity Connected,Natural Gas Connected,Water Connected

    33161 Pederson Neighborhood

    Community

    92530 (Lake Elsinore) Demographics

    32
    Median Age
    950
    Population Density (per sq. mile)
    23%
    College Educated
    $64,270
    Estimated Median Income
    9,642
    Estimated Total Home Owners
    5,368
    Estimated Total Renters
    64% / 36%
    Estimated Owner / Renter Divide
    4
    Estimated Average Household Size
    Community data courtesy of LiveBy, Inc.

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    33161 Pederson Monthly Cost

    $
    $ %
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    $
    $
    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    33161 Pederson Market Data

    Based on the last 30 days in this zip code

    $628,279
    Average List Price
    $335
    Average Price per Square Foot
    43
    Properties Sold
    77
    Average Days on Market
    491
    Properties for Sale
    Calculations provided by Reliance Network

    33161 Pederson History

    Date Event Value Agent
    5/15/2026Source: CRMLS Status Change
    Active
    5/14/2026Source: CRMLS Added to Database
    May 14, 2026
    Listing provided courtesy of BHHS CA PropertiesJill Ross- MLS# IG26104181MLS ProviderContact Information: [email protected] - 714-998-8810
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