16377 Lakeshore Drive 2f, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath

16377 Lakeshore Drive 2f, Lake Elsinore, California 92530 home-pic-0

16377 Lakeshore Drive 2f

Lake Elsinore, California 92530

ACTIVE
CONDITION: GOOD
2Beds
2Baths
791Sq Ft
814Lot Size

Property Price

LIST PRICE$320,000

SUMMARY

Analysis of 16377 Lakeshore Drive 2f, Lake Elsinore, California 92530 is currently available with a list price of $320,000. 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 condition with several key modern updates. The kitchen has been upgraded with granite countertops and stainless steel appliances, and the home features a brand-new HVAC compressor and new laundry units. While some architectural elements like the kitchen cabinetry and bathroom fixtures reflect the original 1990 construction, the overall maintenance, updated tile flooring, and recent system replacements meet the criteria for good condition.

PROSSTRENGTHS & OPPORTUNITIES

  • Turnkey Condition

    The property is move-in ready with significant updates, including a modernized kitchen with granite countertops, stainless steel appliances, and a brand-new heat and A/C compressor.

  • Desirable Corner Unit

    As an upper corner unit, this condo offers enhanced privacy, better natural light, and fewer shared walls compared to standard interior units.

  • Superior Parking Assets

    The inclusion of a private one-car garage plus an additional dedicated parking space is a significant value-add for a condominium at this price point.

CONSRISKS & DEFICIENCIES

  • Limited Square Footage

    At 791 square feet for a two-bedroom, two-bathroom configuration, the individual room sizes and common areas may feel compact for some buyers.

  • Second-Floor Accessibility

    Being a second-floor unit, the property may be less appealing to buyers with mobility concerns or those who prefer ground-level access.

  • Market Stagnation

    The extensive price history showing seven price reductions since the original listing suggests the property has struggled to find its market value, which may affect buyer perception.

About 16377 Lakeshore Drive 2f

Updated Affordable Turnkey Corner Unit Condo in a Gated Community – Move-In Ready! Seize this rare opportunity to own a beautifully updated 2-bedroom, 2-bath upper corner-unit condo that blends modern comfort with unbeatable convenience! Nestled in a secure, gated community, this second-floor gem offers the perfect balance of tranquility and proximity to vibrant amenities. Step inside and be captivated by the spacious, light-filled family room that flows seamlessly into the dining area, ideal for entertaining or cozy nights in.The beautifully updated kitchen boasting sleek granite countertops, a stylish breakfast bar, and stainless steel appliances, including a stove, dishwasher, and refrigerator. Start your mornings with a breathtaking sunrise on your private balcony, perfect for sipping coffee or unwinding after a long day. The primary suite is a true retreat, featuring soaring vaulted ceilings and a private bath, thoughtfully separated from the equally spacious second bedroom with its own vaulted ceiling and adjacent full guest bath. Freshly updated with a brand-new heat and A/C compressor, this home is ready for you to move in and start living your best life! Enjoy resort-style living just steps from the sparkling pool, relaxing spa, and vibrant recreation room. Additional highlights include in-unit laundry with brand new washer/dryer included, a mix of elegant tile and carpet flooring, a private one-car garage with remote roll-up door, and an extra dedicated parking space for ultimate convenience. The HOA covers select utilities and hazard insurance, keeping your costs low and your lifestyle carefree. Perfectly situated near parks, schools, shopping, outlet centers, dining, serene lake access, and easy freeway connections, this condo offers the best of both worlds: a peaceful retreat with everything you need just minutes away. Don’t miss your chance to own this move-in-ready affordable gem – schedule a tour today and make it yours!

Property Details

Public Facts

Property Type
Condominium
Year Built
1990
Lot Size
814 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 • 0.5 mi

3/10

Terra Cotta Middle School

Grades 6-8 • 1.1 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 foot7911,642
13%
Lot Size8141,429.5
19%
Price$320.0K$447.5K
19%
Price per sq ft$405$282
88%
Built year19902016
38%
HOA$360.0$229
75%
Days on market214181
94%

Pricing History

Listed for Sale

Feb 13, 2026

$320,000

$330,000

-3% Price Drop

Initial Listing

Price Change

Nov 15, 2025

$330,000

$335,000

-1% Price Drop

Initial Listing

Price Change

Nov 1, 2025

$335,000

$339,000

-1% Price Drop

Initial Listing

Price Change

Oct 18, 2025

$339,000

$340,000

+0% Price Increase

Initial Listing

Price Change

Oct 6, 2025

$340,000

$345,000

-1% Price Drop

Initial Listing

Price Change

Sep 25, 2025

$345,000

$347,000

-1% Price Drop

Initial Listing

Price Change

Aug 6, 2025

$347,000

Initial Listing

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