150 E Lakeshore 58, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 1 bed, 2 bath
ACTIVE$142,000
150 E Lakeshore 58, Lake Elsinore, California 92530
1Bed
2Baths
800Sqft
Lot
Year Built
1964
Close
-
List price
$142K
Original List price
$142K
Price/Sqft
$178
HOA
-
Days on market
-
Sold On
-
MLS number
IG25222415
Home ConditionFair
Features
Good View: Lake, Neighborhood
ViewLake, Neighborhood
About this home
We found 3 Cons,5 Pros. Rank: price - $142.0K(13th), sqft - 800(38th), beds - 1(19th), baths - 2(50th).
Welcome to 150 E Lakeshore Drive, a charming 1-bedroom, 1-bathroom condo located in a desirable 55+ community in Lake Elsinore. Offering 800 sq. ft. of comfortable living space, this home is perfect for those seeking low-maintenance living close to all the essentials. Enjoy access to a community pool and beautifully maintained grounds, ideal for relaxation and socializing. Just steps from the lake, you’ll love peaceful morning walks and scenic views. Conveniently located near local parks, shopping centers, dining, and entertainment options. Don’t miss this opportunity to enjoy a serene lifestyle in a prime location!
Price History
Date
Event
Price
10/12/25
Listing
$142,000
Condition Rating
Fair
Built in 1964, this property is 60 years old. While appearing maintained, the interior shows significant signs of age. The kitchen features older white appliances and cabinets, likely from a renovation 15-30 years ago, and a basic ceiling light. Popcorn ceilings are visible throughout the living areas and bedroom, which also has dated carpeting. The light fixtures are basic and older. The property is functional but requires substantial aesthetic updates to meet modern standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Prime Lake Proximity & Views: The property is located just steps from Lake Elsinore, offering peaceful morning walks and scenic lake views, enhancing its desirability.
Desirable 55+ Community: Situated within a desirable 55+ community, it caters to a specific demographic seeking a quiet, age-restricted, and social living environment.
Community Amenities: Residents enjoy access to a community pool and beautifully maintained grounds, providing excellent opportunities for relaxation and socializing.
Low-Maintenance Living: As a condo, it offers a low-maintenance lifestyle, appealing to those who prefer less upkeep and more leisure time.
Convenient Location: The location is highly convenient, being close to local parks, shopping centers, dining, and entertainment options.
Cons
Age Restriction: Being part of a 55+ community significantly limits the potential buyer pool, which can impact marketability and resale value.
Compact Size & Layout: With only 1 bedroom, 1 bathroom, and 800 sq. ft., the property offers limited living space and flexibility, potentially deterring buyers needing more room.
Property Age: Built in 1964, the property is older, which may suggest outdated systems, finishes, or potential for future maintenance and renovation costs.