16521 Joy Street, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath

16521 Joy Street, Lake Elsinore, California 92530 home-pic-0
ACTIVE$339,000
16521 Joy Street, Lake Elsinore, California 92530
2Beds
2Baths
900Sqft
Lot
Year Built
1985
Close
-
List price
$339K
Original List price
$360K
Price/Sqft
$377
HOA
$320
Days on market
-
Sold On
-
MLS number
SW25039750
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $339.0K(50th), sqft - 900(44th), beds - 2(50th), baths - 2(50th).

Beautifully Updated 2-Bedroom, 2-Bathroom Condo in a Prime Location. This condo has been recently updated with modern finishes, making it a move-in-ready gem. Featuring fresh paint, new flooring, new doors, and baseboards throughout. This home offers a bright and inviting atmosphere. The kitchen boasts new countertops and appliances. Both bathrooms have been beautifully remodeled with sleek, contemporary showers, adding a touch of luxury to your daily routine. Complete with a community pool. This condo provides easy access to The Lake, dining, and shopping. Don’t miss the opportunity. Schedule your showing today!

Price History

Date
Event
Price
11/09/25
Price Change
$339,000
02/24/25
Listing
$360,000
Condition Rating
Excellent

Despite being built in 1985, this condo has undergone a comprehensive and recent renovation, as evidenced by the description and images. The property features new flooring, fresh paint, new doors and baseboards, a kitchen with new countertops and appliances, and beautifully remodeled bathrooms with contemporary finishes. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, making it move-in ready and aligning with the 'excellent' criteria for extensive recent renovations.
Pros & Cons

Pros

Extensive Modern Renovations: The condo has been recently updated with modern finishes, including fresh paint, new flooring, doors, baseboards, kitchen countertops, appliances, and beautifully remodeled bathrooms with contemporary showers, offering a move-in-ready experience.
Prime Location & Accessibility: Situated in a 'Prime Location' with 'easy access to The Lake, dining, and shopping,' enhancing convenience and lifestyle for residents.
Community Amenities: The property includes access to a community pool, providing a valuable recreational amenity for residents.
Turnkey Condition: Due to the comprehensive updates, the property is presented as a 'move-in-ready gem,' saving buyers immediate renovation costs and effort.
Competitive Pricing: A recent price reduction from $360,000 to $339,000 indicates a more attractive and potentially competitive entry point for buyers.

Cons

Compact Living Space: At 900 sqft, the 2-bedroom, 2-bathroom layout is relatively small, which may limit appeal for buyers seeking more spacious living areas.
Significant Monthly HOA Fee: A monthly association fee of $320.0 adds a substantial recurring cost to homeownership, impacting overall affordability.
Lack of Specific View: The property description explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic outlooks, especially in a lake-adjacent community.

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