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16513 Mountain, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 4 bed, 2 bath

16513 Mountain, Lake Elsinore, California 92530 home-pic-0
ACTIVE$639,000$1,656/sqft
Est. Value: $659,444
3%
BelowEstimate
16513 Mountain, Lake Elsinore, California 92530
4Beds
2Baths
1,656Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($659,443.98) is $20,443.98 (3%) higher than the list price ($639,000). This property may be underpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1656.
Top Cons:
Recently Sold Property: The property was recently sold within the past year on 2025-10-06. The sold price is $465,000.00.

Compared to the nearby listings

Price:$639.0K vs avg $587.6K (+$51,405.5)70%
Size:1,656 sqft vs avg 1,876 sqft38%
Price/sqft:$386 vs avg $32184%

More Insights

Built in 1989 (37 years old).
Condition: This property is move-in ready with significant recent cosmetic and structural updates, including brand-new flooring, fresh paint, modern light fixtures, recessed lighting, a recently refaced pool, and replaced roof underlayment. While the kitchen features older-style wood cabinets and dated white appliances, and the bathroom vanities are also original in style, these elements are clean and functional. The extensive recent renovations elevate its condition beyond 'Fair', making it a 'Good' property that requires no immediate renovation, despite some components not being fully new.
Year Built
1989
Close
-
List price
$639K
Original List price
$629K
Price/Sqft
$386
HOA
-
Days on market
-
Sold On
-
MLS number
IG25276404
Home ConditionGood
Features
Good View: None
Pool
Patio
View-

About this home

Living at Its Best in Lake Elsinore! Welcome to this stunning pool home located in a peaceful community, offering the perfect blend of comfort, upgrades, and freedom—NO HOA and NO Mello-Roos. This beautifully upgraded residence features 4 spacious bedrooms, 2 bathrooms, and a 3-car garage, ideal for both everyday living and entertaining. Enjoy brand-new flooring throughout, new modern fixtures, and recessed lighting that enhance the home’s bright, contemporary feel. The home also boasts a freshly painted interior and exterior, making it truly move-in ready. Step outside to your private pool, recently refaced and ready for summer fun, while taking in peaceful mountain views. Additional peace of mind comes with a recently replaced roof underlayment, adding long-term value and reliability. This Lake Elsinore gem delivers space, style, and serenity—with no extra fees, no restrictions, and all the upgrades you’ve been looking for. Homes like this don’t last—schedule your private showing today.

W
Wuilfrido Martinez
Listing Agent

Price History

Date
Event
Price
04/28/98
Sold
$107,000
03/31/97
Sold
$103,000
10/06/25
Sold
$465,000
Condition Rating
Good
This property is move-in ready with significant recent cosmetic and structural updates, including brand-new flooring, fresh paint, modern light fixtures, recessed lighting, a recently refaced pool, and replaced roof underlayment. While the kitchen features older-style wood cabinets and dated white appliances, and the bathroom vanities are also original in style, these elements are clean and functional. The extensive recent renovations elevate its condition beyond 'Fair', making it a 'Good' property that requires no immediate renovation, despite some components not being fully new.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1656.
No HOA or Mello-Roos: The property offers significant financial benefits and freedom from restrictive community rules due to the absence of HOA fees and Mello-Roos taxes.
Extensive Modern Upgrades: Features brand-new flooring, modern fixtures, recessed lighting, and fresh interior and exterior paint, presenting a highly appealing and move-in ready condition.
Private Pool & Outdoor Living: Includes a recently refaced private pool, perfect for recreation and entertaining, complemented by peaceful mountain views.
Practical Layout & Garage: Offers 4 spacious bedrooms and a 3-car garage, providing ample living space, storage, and utility for various needs.
Recent Roof Maintenance: A recently replaced roof underlayment adds long-term value and peace of mind regarding a critical structural component of the home.

Cons

Recently Sold Property: The property was recently sold within the past year on 2025-10-06. The sold price is $465,000.00.
Property Age: Built in 1989, the home is over 30 years old. While cosmetically upgraded, some core systems (e.g., plumbing, electrical, HVAC) may be original or nearing the end of their typical lifespan, potentially requiring future investment.
Increased List Price & Sales History: The current list price of $639,000 is an increase from the initial $629,000 and significantly higher than the last recorded sale of $465,000 in 2025, which may require clear justification to potential buyers regarding market appreciation and upgrades.
Potential for Higher Operating Costs: The presence of a private pool, while an attractive amenity, typically entails ongoing maintenance expenses and potentially higher utility costs (water, electricity for pump) that buyers should factor into their budget.
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