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
ACTIVE$330,000
16377 Lakeshore Drive 2f, Lake Elsinore, California 92530
2Beds
2Baths
791Sqft
814Lot
Year Built
1990
Close
-
List price
$330K
Original List price
$347K
Price/Sqft
$417
HOA
$360
Days on market
-
Sold On
-
MLS number
IV25172904
Home ConditionGood
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $330.0K(50th), sqft - 791(31th), beds - 2(50th), baths - 2(50th).

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!

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
11/15/25
Price Change
$330,000-1.5%
11/01/25
Price Change
$335,000-1.2%
10/18/25
Price Change
$339,000-0.3%
10/06/25
Price Change
$340,000-1.4%
09/25/25
Price Change
$345,000-0.6%
08/06/25
Listing
$347,000
Condition Rating
Good

This condo, built in 1990, is described as 'updated' and 'move-in ready,' which is strongly supported by the images and details. The kitchen features sleek granite countertops and stainless steel appliances, indicating a modern update within the last 5-15 years. The brand-new heat and A/C compressor, along with new washer/dryer, signify recent and significant system upgrades. While the bathrooms are clean and functional with tile flooring and updated vanities, their style is more standard updated rather than high-end contemporary, suggesting they fall within the 5-15 year renovation window. The overall property is well-maintained with minimal wear and tear, making it move-in ready without immediate renovation needs, aligning perfectly with the 'Good' score criteria.
Pros & Cons

Pros

Turnkey & Modern Updates: The condo is move-in ready, featuring a beautifully updated kitchen with granite countertops and stainless steel appliances, new washer/dryer, and a brand-new heat and A/C compressor.
Gated Community & Resort Amenities: Located within a secure, gated community offering resort-style amenities including a sparkling pool, relaxing spa, and recreation room.
Comprehensive Parking & In-Unit Laundry: Includes a private one-car garage with a remote roll-up door, an extra dedicated parking space, and convenient in-unit laundry with new appliances.
HOA Value Proposition: The HOA covers select utilities and hazard insurance, contributing to lower monthly out-of-pocket expenses for the homeowner.
Strategic Location: Positioned near parks, schools, shopping, outlet centers, dining, serene lake access, and offers easy freeway connections.

Cons

Compact Living Space: At 791 sqft, the unit offers relatively limited living area, which may not appeal to buyers seeking more spacious accommodations.
Significant HOA Dues: The $360 monthly HOA fee, while inclusive of some utilities and insurance, represents a notable recurring cost for a unit of this size.
Recent Price Reduction Trend: Multiple price reductions from the original list price suggest potential market resistance or initial overpricing, which could influence buyer perception of value.

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