16377 Lakeshore 6k, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 3 bath
16377 Lakeshore 6k
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 16377 Lakeshore 6k, Lake Elsinore, California 92530 is currently available with a list price of $314,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lake Elsinore Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1990, the property has undergone an extensive recent renovation featuring modern luxury vinyl plank flooring, white shaker cabinetry, quartz countertops, and stainless steel appliances. With updated recessed lighting, contemporary fixtures, and a turnkey interior, the home meets the standards for a fully renovated property with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Renovations
The property features high-end recent updates including luxury vinyl plank flooring, quartz countertops, and white shaker cabinetry, complemented by included stainless steel appliances for a move-in-ready experience.
- Prime Corner Unit Location
Positioned as a first-level corner unit, this home offers enhanced privacy and easier accessibility compared to standard interior units within the gated community.
- Exceptional Parking & Financing
The inclusion of a detached one-car garage plus an assigned parking space is a significant value-add, further bolstered by eligibility for 3% down conventional financing.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
With only 785 square feet of living space for a two-bedroom layout, the interior proportions may feel restrictive for buyers requiring more room or storage.
- Recurring HOA Expenses
The $360 monthly association fee represents a notable ongoing cost that buyers must factor into their monthly budget alongside the mortgage payment.
About 16377 Lakeshore 6k
*PRICE IMPROVED!!! THIS CONDO QUALIFIES FOR 3% DOWN CONVENTIONAL FINANCING!* RECENTLY RENOVATED. FIRST LEVEL. CORNER UNIT. REFRIGERATOR, WASHER/DRYER INCLUDED. This is an excellent opportunity for first-time buyers seeking a move-in-ready home with modern finishes and low-maintenance living in a gated community. The home features luxury vinyl plank wood-look flooring throughout, accented by tall baseboards, crown molding, and recessed lighting. The updated kitchen is bright and functional, showcasing white shaker cabinetry, quartz countertops, and stainless steel appliances, including a refrigerator. The spacious living area opens to a private covered patio with a laundry closet (washer and dryer included) and a newer water heater. Both bedrooms include ceiling fans, and the home is finished with contemporary lighting fixtures in the dining area and two full bathrooms. Additional highlights include a detached one-car garage, an assigned parking space, and private off-street parking. Lido at Lakeshore offers two gated entrances, a community pool and spa, and well-maintained common areas. Conveniently located near shopping, dining, and freeway access, this property offers an affordable and comfortable path to homeownership.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 809 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $360.0 / Month
Neighborhood Insights
Lake Elsinore Unified Schools
Machado Elementary School
Grades K-5 • 0.4 mi
Terra Cotta Middle School
Grades 6-8 • 1.1 mi
Lakeside High School
Grades 9-12 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 785 | 1,642 | 6% |
| Lot Size | 809 | 1,429.5 | 19% |
| Price | $314.9K | $447.5K | 13% |
| Price per sq ft | $401 | $282 | 88% |
| Built year | 1990 | 2016 | 38% |
| HOA | $360.0 | $229 | 75% |
| Days on market | 34 | 174 | 6% |
Pricing History
Listed for Sale
Feb 26, 2026
$314,900
$319,900
-2% Price Drop
Initial Listing
Price Change
Feb 1, 2026
$319,900
Initial Listing
Sold
Mar 22, 2024
$300,000
Public Record
Sold
Jul 3, 2019
$195,500
Public Record
Sold
Mar 20, 2018
$155,000
Public Record
Sold
Dec 30, 2005
$235,000
Public Record