16636 Lakeshore, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 3 bed, 2 bath
16636 Lakeshore
Lake Elsinore, California 92530
Property Price
SUMMARY
Analysis of 16636 Lakeshore, Lake Elsinore, California 92530 reveals a Fairly Priced Property with a current list price of $524,999 aligned with the estimated $538,429 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16636 Lakeshore Subject | $524,999* List Price | 3 | 2 | 1,344 | $401 | - |
A 956 Dolly Drive Sold | $604,000 | 3 | 2 | 1,302 | $464 | 0.8 mi |
B 842 Porta Marina Lane Sold | $570,000 | 3 | 2 | 1,742 | $327 | 0.6 mi |
C 3710 Concord Circle Sold | $580,000 | 4 | 2 | 1,588 | $365 | 0.6 mi |
D 4592 Florence Drive Sold | $539,990 | 3 | 2 | 1,435 | $376 | 0.9 mi |
E 3526 Lake Crest Sold | $535,000 | 3 | 2 | 1,344 | $398 | 0.9 mi |
F 15161 Etienne Street Sold | $572,000 | 3 | 2 | 1,428 | $401 | 0.9 mi |
G 4536 Avellino Place Pending | $547,990 List Price | 3 | 2 | 1,435 | $382 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation that includes a brand-new kitchen with modern finishes, updated bathrooms, all-new flooring, and a new roof. Despite the 1923 build year, the extensive interior and exterior upgrades, including fresh paint and landscaping, meet current quality standards and provide a turnkey, move-in-ready experience with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- 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 = 8276, living area = 1344.
- Versatile C1 Zoning
The rare C1 zoning provides exceptional flexibility, allowing the property to serve as a primary residence, a professional office, or a creative boutique, significantly increasing its investment appeal.
- Prime Lakeside Proximity
Located just steps from Lake Elsinore, this home offers one of the closest residential positions to the water, providing a premium lifestyle for outdoor and water enthusiasts.
CONSRISKS & DEFICIENCIES
- Century-Old Infrastructure
Despite the extensive surface renovations, the 1923 build date suggests the potential for underlying structural or utility challenges common in homes of this vintage.
- High-Traffic Corner Location
Being situated on a corner lot on Lakeshore Drive may result in higher noise levels and less privacy compared to more secluded residential interior lots.
About 16636 Lakeshore
FULLY UPGRADED! Welcome to 16636 Lakeshore Dr, a freshly renovated 3-bedroom & 2 full bathrooms, 1,344 sq ft corner-lot gem with a rare advantage: C1 zoning. This property isn’t just a home — it’s a canvas for your future. Imagine running your small business, boutique office, or creative studio right where you live… or simply enjoy the flexibility of knowing your home has commercial potential (buyer to verify with city). And the best part? It’s located just steps from Lake Elsinore— literally walking distance to the water. One of the closest homes to the lake, this property combines the lifestyle of lakeside living with the bonus of zoning that opens the door to endless possibilities. Inside, the upgrades shine: a brand-new kitchen with modern finishes, a stylishly updated bathroom, all-new flooring, fresh interior paint, and a new roof for peace of mind. The thoughtful floor plan includes 2 spacious bedrooms plus a versatile office/den that can double as a third bedroom. Outside, you’ll love the fresh sod, new landscaping, and outstanding curb appeal — whether you’re welcoming family, friends, or clients. Whether you dream of a home-based business, a weekend retreat, or simply a beautiful place to call home just steps from the lake, 16636 Lakeshore Dr delivers style, flexibility, and one of the best locations in the city.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 8,276 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 3.0 | 48% |
| Square foot | 1,344 | 1,857 | 19% |
| Lot Size | 8,276 | 7,841 | 58% |
| Price | $525.0K | $590.0K | 22% |
| Price per sq ft | $391 | $319 | 85% |
| Built year | 1923 | 2004 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 193 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$524,999
Initial Listing
Sold
Feb 20, 2025
$330,000
Public Record