
Azusa, California 91702
This Turnkey Waterfront Condo offers a rare Lakefront Sanctuary lifestyle within the exclusive Rainbow Lake Community. Listed at $665,000, the property is positioned near its $621,352 Fair Market Value, representing a stable investment in a premium location. Boasting a Move-in Ready Condition, the home features Unobstructed Lake Views, a newer HVAC system (2021), and energy-efficient vinyl windows (2022). The accessible single-level layout and rare Dual Garages provide significant functional value within the Azusa Unified District. This residence is an ideal match for Owner-Occupants or first-time buyers seeking a serene retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1083 Lakeview Terrace Subject | $665,000* List Price | 2 | 2 | 1,347 | $461 | - |
A 1053 Lakeview Sold | $620,000 | 2 | 2 | 1,347 | $460 | 0.0 mi |
B 1081 Lakeview Sold | $700,000 | 3 | 2 | 1,489 | $470 | 0.0 mi |
C 955 Sweetbriar Lane E Sold | $615,000 | 2 | 3 | 1,302 | $472 | 0.3 mi |
D 1111 Lakeview Terrace Sold | $685,000 | 3 | 2 | 1,708 | $401 | 0.0 mi |
E 810 E Prommenade C Sold | $660,000 | 2 | 3 | 1,519 | $434 | 0.2 mi |
F 807 E Laurel Oak 46 Sold | $633,000 | 3 | 3 | 1,312 | $482 | 0.5 mi |
G 820 E Silver Maple Active | $625,000 List Price | 3 | 2 | 1,181 | $529 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with significant recent capital improvements, including a newer HVAC system (2021), energy-efficient vinyl windows and doors (2022), and a new water heater (2023). While the 1981 build is evident in the kitchen cabinet style, the interiors have been refreshed with newer countertops, laminate flooring, and paint. The kitchen features updated stone counters and a mix of modern appliances, and the bathrooms have been partially updated, meeting the criteria for a well-maintained, functional home within its expected lifespan.
The property offers rare, unobstructed views of Rainbow Lake from the living room, dining area, and primary bedroom, providing a serene and premium atmosphere that is highly sought after.
Significant capital improvements including a newer HVAC system (2021), energy-efficient vinyl windows and doors (2022), and a new water heater (2023) offer peace of mind and reduced immediate maintenance costs.
The inclusion of both an attached and a detached garage is a rare find for a condo, complemented by a ground-level living layout with only one stair for entry, ensuring excellent accessibility.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =345962, other record lot size in square feet = 345892.
At $585 per month, the association dues are relatively high, which may impact buyer affordability and increase the overall monthly carrying costs compared to other local options.
Both bathrooms are 3/4 baths (showers only), lacking a full bathtub which may be a drawback for families with small children or buyers who prioritize a soaking tub.
Discover the enchanting beauty of this stunning 2-bedroom, 2-bath (each bathroom is 3/4) one story condo nestled in the exclusive Rainbow Lake Community of North Azusa! ONE stair. One stair from garage to unit. Once inside this wonderful condo there are no additional stairs. This gem boasts breathtaking lake views and is set within a serene, gated enclave that features its very own private angling lake—perfect for picnicking, and leisurely enjoyment. With a spacious layout of 1,347 sqft, this updated condo offers a delightful ground-level living experience(no stairs) complete with a generous balcony that overlooks the tranquil waters. You’ll appreciate the convenience of two garages, one is an attached one-car garage with an external entrance and an additional one-car detached garage just across the community road. Enjoy unobstructed lake views from your living room, dining area, patio, and primary bedroom, creating a peaceful atmosphere throughout. This condo features modern upgrades such as newer central A/C and heating (2021), vinyl windows and sliding glass doors (2022), dishwasher 2021), and newer water heater (2023), newer counter tops in kitchen and bathrooms and newer shower in guest bath(2022)) all complemented by newer interior (2021) and exterior paint (2025). The peaceful Rainbow Lake community is an idyllic setting perfect for tranquil walks, fishing escapades, and enjoying the wonders of nature. Don’t miss your chance to call this extraordinary property home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,347 | 1,105 | 63% |
| Lot Size | 345,962 | 55,672 | 91% |
| Price | $665.0K | $511.5K | 81% |
| Price per sq ft | $494 | $474 | 59% |
| Built year | 1981 | 1981 | 50% |
| HOA | $585.0 | $393 | 97% |
| Days on market | 16 | 168 | 6% |
Apr 6, 2026
$665,000
Initial Listing
Apr 30, 2021
$400,000
Public Record
Sep 27, 2013
$327,000
Public Record
Jul 27, 2012
$219,000
Public Record