150 E Lakeshore Drive 82, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath

150 E Lakeshore Drive 82, Lake Elsinore, California 92530 home-pic-0
ACTIVE$199,900$800/sqft
150 E Lakeshore Drive 82, Lake Elsinore, California 92530
2Beds
2Baths
800Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Active Adult Community & Lifestyle: The property is located in a highly desirable 55+ active adult community, offering a welcoming atmosphere, low-maintenance living, and tailored amenities for seniors, including proximity to the Senior Center.
Top Cons:
Compact Living Space: With 800 square feet, the unit offers a relatively compact living area, which may be a limitation for buyers seeking more expansive space or additional rooms.

Compared to the nearby listings

Price:$199.9K vs avg $345.0K ($-145,100)13%
Size:800 sqft vs avg 1,087 sqft33%
Price/sqft:$250 vs avg $30013%

More Insights

Built in 1964 (62 years old).
Condition: Despite the 1964 build year, the property has been 'newly remodeled' with a 'thoughtfully updated layout,' including 'brand new central heat and air' and 'new stackable W/D.' Images confirm extensive renovations with new laminate flooring throughout, fresh paint, updated kitchen cabinets, new countertops, a new-looking gas range, and updated bathroom vanities and toilets. The interior appears virtually new and move-in ready, meeting current quality standards for a renovated unit.
Year Built
1964
Close
-
List price
$200K
Original List price
$200K
Price/Sqft
$250
HOA
$288
Days on market
-
Sold On
-
MLS number
OC25281897
Home ConditionExcellent
Features
Good View: Lake
Patio
ViewLake

About this home

Welcome to easy, active-adult living in the highly desirable Lake Elsinore Village! This newly remodeled and inviting end-unit condo offers privacy, convenience, and a relaxed lakeside lifestyle just steps from beautiful Lake Elsinore and the Senior Center. The light-filled interior features a thoughtfully updated layout with in-unit laundry (new stackable W/D included), brand new central heat and air! Enjoy the private, secure screened-in porch that provides the perfect spot to enjoy morning coffee or evening breezes. This prime end-unit location provides added privacy and easy access. Set within a great, friendly 55+ community, residents enjoy a welcoming atmosphere, low-maintenance living, and close proximity to walking paths, community amenities, and lakefront activities. Move-in ready and waiting to welcome you home.

G
Gretchen Hooks
Listing Agent

Price History

Date
Event
Price
11/29/21
Sold
$16,000
Condition Rating
Excellent

Despite the 1964 build year, the property has been 'newly remodeled' with a 'thoughtfully updated layout,' including 'brand new central heat and air' and 'new stackable W/D.' Images confirm extensive renovations with new laminate flooring throughout, fresh paint, updated kitchen cabinets, new countertops, a new-looking gas range, and updated bathroom vanities and toilets. The interior appears virtually new and move-in ready, meeting current quality standards for a renovated unit.
Pros & Cons

Pros

Active Adult Community & Lifestyle: The property is located in a highly desirable 55+ active adult community, offering a welcoming atmosphere, low-maintenance living, and tailored amenities for seniors, including proximity to the Senior Center.
Newly Remodeled & Move-in Ready: This condo features a thoughtfully updated interior, brand new central heat and air, and new stackable in-unit washer/dryer, making it immediately habitable without the need for major renovations.
Private End-Unit with Screened Porch: As an end-unit, it provides enhanced privacy and potentially more natural light. It also includes a private, secure screened-in porch, offering a dedicated outdoor space for relaxation.
Desirable Lakeside Location: Situated just steps from beautiful Lake Elsinore, the property offers a relaxed lakeside lifestyle with easy access to walking paths, community amenities, and various lakefront activities.
Affordable Price Point: Listed at $199,900, this property presents an accessible and attractive entry point into homeownership within a desirable active adult community in Lake Elsinore.

Cons

Compact Living Space: With 800 square feet, the unit offers a relatively compact living area, which may be a limitation for buyers seeking more expansive space or additional rooms.
Ongoing HOA Fees: A monthly association fee of $288 is an additional recurring cost of ownership that potential buyers must factor into their budget.
Age of Building Structure: While the interior is newly remodeled, the building itself was constructed in 1964, which could imply older common area infrastructure or the potential for future special assessments for major repairs.
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