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

16377 Lakeshore Drive 2f
Lake Elsinore, California 92530
Property Price
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
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
Terra Cotta Middle School
Grades 6-8 • 1.1 mi
Lakeside High School
Grades 9-12 • 1.5 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 | 2.0 | 2.5 | 50% |
| Square foot | 791 | 1,642 | 13% |
| Lot Size | 814 | 1,429.5 | 19% |
| Price | $320.0K | $447.5K | 19% |
| Price per sq ft | $405 | $282 | 88% |
| Built year | 1990 | 2016 | 38% |
| HOA | $360.0 | $229 | 75% |
| Days on market | 214 | 181 | 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





























