16377 Lakeshore 2d, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath

16377 Lakeshore 2d, Lake Elsinore, California 92530 home-pic-0
ACTIVE$289,900$791/sqft
16377 Lakeshore 2d, Lake Elsinore, California 92530
2Beds
2Baths
791Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Gated Community: The property is located within a gated community, offering enhanced security, privacy, and a sense of exclusivity for residents.
Top Cons:
Compact Living Space: With 791 square feet, the property offers a relatively compact living area for a 2-bedroom unit, which may feel restrictive for some buyers.

Compared to the nearby listings

Price:$289.9K vs avg $345.0K ($-55,100)20%
Size:791 sqft vs avg 1,087 sqft27%
Price/sqft:$366 vs avg $31767%

More Insights

Built in 1990 (36 years old).
Condition: The property, built in 1990, is generally well-maintained with recent updates like new laminate flooring in the living areas and clean carpets in bedrooms, along with fresh paint. However, the kitchen features original 1990s-style cabinets, dated laminate countertops, and vinyl flooring, with some older appliances. Bathrooms also retain their original, dated vanities and finishes. While functional and move-in ready, the kitchen and bathrooms show their age and would benefit from minor updates to modernize.
Year Built
1990
Close
-
List price
$290K
Original List price
$290K
Price/Sqft
$366
HOA
$360
Days on market
-
Sold On
-
MLS number
IV25280531
Home ConditionFair
Features
Good View: Pool
ViewPool

About this home

Lido at lakeshore drive community. Great opportunity 2 bedrooms 2 bathrooms. Gated community centrally located close to the lake and access to association pool. One car garage.

M
MARICRUZ PIECHO
Listing Agent

Nearby schools

3/10
Machado Elementary School
Public,K-50.5mi
4/10
Terra Cotta Middle School
Public,6-81.1mi
5/10
Lakeside High School
Public,9-121.5mi

Price History

Date
Event
Price
03/16/22
Sold
$246,500
09/13/05
Sold
$208,000
Condition Rating
Fair

The property, built in 1990, is generally well-maintained with recent updates like new laminate flooring in the living areas and clean carpets in bedrooms, along with fresh paint. However, the kitchen features original 1990s-style cabinets, dated laminate countertops, and vinyl flooring, with some older appliances. Bathrooms also retain their original, dated vanities and finishes. While functional and move-in ready, the kitchen and bathrooms show their age and would benefit from minor updates to modernize.
Pros & Cons

Pros

Gated Community: The property is located within a gated community, offering enhanced security, privacy, and a sense of exclusivity for residents.
Lake Proximity: Centrally located close to Lake Elsinore, providing easy access to recreational activities and scenic views associated with the lake.
Association Pool Access: Residents have access to an association pool, a desirable amenity for leisure and recreation without the burden of private maintenance.
Dedicated Parking: Includes a one-car garage, offering convenient and secure dedicated parking and additional storage space, which is valuable for a condominium.
Pool View: The property boasts a view of the pool, adding to its aesthetic appeal and providing a pleasant outlook for residents.

Cons

Compact Living Space: With 791 square feet, the property offers a relatively compact living area for a 2-bedroom unit, which may feel restrictive for some buyers.
High Monthly HOA Fees: The association fee of $360.0 per month is a significant ongoing cost that adds to the overall housing expenses.
Property Age: Built in 1990, the property is 34 years old, which may imply dated interior finishes or systems that could require future updates or maintenance if not already addressed.
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