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32068 Meadow Wood Ln, Lake Elsinore, CA, 92532

3beds
3baths
2,456sqft
$575,000
$234price/sqft
$4,261/moest. monthly cost
$170,440/yrincome needed

About This Home

Welcome to this stunning two-story home in the award-winning master-planned community of Canyon Hills! Currently offering three bedrooms (POTENTIAL 5 Bedrooms), this spacious and versatile floor plan has the potential for up to five bedrooms. The downstairs den is ideal for a fourth bedroom, home office, or playroom, while the generous upstairs loft could easily be converted into an additional bedroom. Inside, you will find 9-foot ceilings, luxury vinyl plank flooring throughout the downstairs, crown molding in the living room, a cozy fireplace, and hardwired surround sound. The kitchen features durable Corian countertops and opens to the inviting living spaces, creating a comfortable layout for both everyday living and entertaining. The primary suite offers a relaxing retreat with Vinyl flooring in the bathroom and Jacuzzi tub. Additional highlights include an insulated garage door, epoxy-coated garage floor, and a convenient utility sink in the garage. Step outside to a relaxing backyard with stunning views, charming garden area, an outdoor sink, and a storage shed. It is the perfect setting for peaceful mornings, outdoor dining, or unwinding at the end of the day. Canyon Hills residents enjoy access to three community pools, an expansive sports park, scenic hiking trails, playgrounds, and incredible community events throughout the year. This home offers the space, flexibility, beautiful outdoor living, and neighborhood amenities you have been searching for!

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

5/10
5/10
Elsinore High SchoolGrades 9-122.9 mi

Construction

Condition

  • Year built: 2002

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher
  • Laundry features: Upper Level

Bathroom

  • Features: Jetted Tub

Bedroom

  • Features: Bedroom on Main Level

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Features

  • Ceiling Fan(s),Solid Surface Counters,Bedroom on Main Level,Loft
  • Flooring: Carpet,Vinyl
  • Fireplace features: Family Room
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,456 sqft

Property

Details

  • Parcel number: 363472020
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: 1
  • Pool features: Association
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 4,792 sqft
  • Features: Landscaped

Parking

  • Total spaces: 2
  • Parking features: Garage - Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Wildfire
    WildfireRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Wildfire
Heat Wave

FEMA Declared Disasters in Riverside County and California

Earthquake
Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$181$2,172
Property Taxes $647$7,764
Electricity $526$6,319
Total$4,261$51,132
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$146,091/yr
40% on housing$127,830/yr
45% on housing$113,626/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$234This listing

vs Other Active Listings

Avg $/sqft

ZIP 92532$277
Riverside County$300

vs Homes Sold Last Month

Median $/sqft

ZIP 92532$259
Riverside County$315

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-08Pending sale$575,000
2026-07-28Price change$575,000
2026-07-16Listed for sale$585,000
2002-10-18Sold$266,500

For Sale by Agent

AgentTarra Cochran
BrokerageColdwell Banker Assoc.Brkr-Mur

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