16377 Lakeshore Dr #1a 1a, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath

16377 Lakeshore Dr  home-pic-0

16377 Lakeshore Dr #1a 1a

Lake Elsinore, California 92530

ACTIVE
CONDITION: GOOD
2Beds
2Baths
785Sq Ft
809Lot Size

Property Price

LIST PRICE$329,999

SUMMARY

Analysis of 16377 Lakeshore Dr #1a 1a, Lake Elsinore, California 92530 is currently available with a list price of $329,999. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready, turn-key condition with several recent high-value upgrades including a new HVAC system and air handler, quartz countertops, fresh paint, and updated light fixtures. While the structure dates to 1990, the combination of well-maintained systems, newer appliances, and aesthetic updates like crown molding and newer carpet elevates it above the 'fair' category.

PROSSTRENGTHS & OPPORTUNITIES

  • Turn-Key Upgrades

    The unit features significant recent improvements including Quartz countertops, a new HVAC system, fresh paint, and updated fixtures, offering a move-in-ready experience for the buyer.

  • Enhanced Parking & Storage

    Rare for this price point, the property includes a detached one-car garage with a new opener and drywall, an additional assigned space, and ample guest parking nearby.

  • Desirable Corner Unit

    As a single-story corner unit in a gated community, the home provides added privacy, easier access, and better natural light compared to interior or multi-level units.

CONSRISKS & DEFICIENCIES

  • Sale Contingency

    The transaction is contingent upon the seller finding a replacement property, which may lead to an extended or unpredictable closing timeline for the buyer.

  • Compact Square Footage

    With only 785 square feet of living space, the interior footprint is relatively small, which may limit appeal for those requiring larger rooms or a dedicated home office.

About 16377 Lakeshore Dr #1a 1a

Single-story 2-bedroom, 2-bathroom corner-unit condo located in a gated community approximately 1.5 miles from Lake Elsinore. The home features tile flooring, Quartz countertops, crown molding, updated hardware, updated bathroom light fixtures, and newer carpet. Both bathrooms include tubs. Additional features include large closets, abundant storage, and freshly painted elements throughout. The property includes all major appliances (stove approx. 3 years old), washer and dryer, new HVAC and air handler, new exhaust fan in the primary bathroom, and a smart thermostat (seller willing to replace with a standard thermostat if preferred). Tile floors on a concrete slab help maintain cooler interior temperatures in summer. Parking includes a detached one-car garage (#46) with built-in storage shelf, assigned parking space (#46), and nearby guest parking. The garage has a newly installed garage door opener and new remote programmed for both the garage and community gate. Additionally the garage has been newly drywalled and freshly painted. Patio includes an HOA-approved shade and privacy hedge included. Community amenities include a pool, spa, recreational meeting room, landscaping, and trash service. Location offers convenient access to shopping, services, and commuter routes. Low-maintenance living with turn-key condition. Sale is contingent upon seller finding a replacement property

Property Details

Public Facts

Property Type
Condominium
Year Built
1990
Lot Size
809 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 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

3/10

Terra Cotta Middle School

Grades 6-8 • 1.2 mi

4/10

Lakeside High School

Grades 9-12 • 1.5 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
44%
Baths2.02.5
50%
Square foot7851,642
6%
Lot Size8091,429.5
19%
Price$330.0K$447.5K
19%
Price per sq ft$420$282
94%
Built year19902016
38%
HOA$360.0$229
75%
Days on market49174
6%

Pricing History

Listed for Sale

Feb 27, 2026

$329,999

$334,999

-1% Price Drop

Initial Listing

Price Change

Jan 17, 2026

$334,999

Initial Listing

Sold

Dec 21, 2021

$230,000

Public Record

Sold

Jul 24, 2009

$46,000

Public Record

Sold

Oct 21, 2005

$215,000

Public Record

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