
Lake Elsinore, California 92530
This Modern Turnkey Condominium is a Strong Value Opportunity, listed at $405,000—positioned well below the $431,417 Fair Market Value by 6%. This valuation gap provides $26,417 in Instant Equity for the buyer. Boasting a Mint Condition Rating, the residence features recent high-quality renovations including luxury vinyl plank flooring and a stylish kitchen backsplash. Residents benefit from a 100-Day Home Warranty and access to the Lake Elsinore Unified school district. This move-in-ready home is an ideal match for Owner-Occupants or first-time buyers seeking immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1800 E Lakeshore Subject | $392,000* List Price | 3 | 3 | 1,477 | $274 | - |
A 1800 E Lakeshore Sold | $430,000 | 3 | 2 | 1,598 | $269 | 0.0 mi |
B 505 Pablo Sold | $480,000 | 3 | 3 | 1,667 | $288 | 0.7 mi |
C 1800 E Lakeshore Active | $407,000 List Price | 3 | 3 | 1,477 | $276 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2006, the property shows evidence of a recent high-quality renovation within the last 5 years. The interior features modern luxury vinyl plank flooring, fresh neutral paint, recessed lighting, and updated bathroom vanities and fixtures. The unit is in mint, move-in ready condition with no visible maintenance required.
Built in 2006, this 3-bedroom, 3-bathroom residence offers a contemporary layout featuring a cozy fireplace and a primary suite with double sinks, catering perfectly to modern living standards.
The inclusion of a 100-Day Home Warranty provides significant peace of mind for the buyer, reducing the risk of immediate out-of-pocket expenses for system repairs after closing.
Listed at $405,000, the property is positioned attractively below its most recent sale price of $410,000, offering a strategic entry point into the Lake Elsinore market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1477, other record living area = 1170. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The $410 monthly association fee adds a substantial recurring cost to the mortgage payment, which may impact the debt-to-income ratio for some prospective buyers.
With a minimal lot size of 871 sqft and no designated view, the property lacks the private outdoor living area and scenic appeal often sought after in the Southwest Riverside County area.
Don't miss 1800 E Lakeshore Dr, a residence arranged for everyday comfort and practical living. A cozy fireplace provides warmth, complemented by an accent backsplash in the kitchen for a touch of style. The primary bathroom features double sinks, enhancing daily functionality. This home blends comfort and style for everyday convenience. Included 100-Day Home Warranty with buyer activation
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,477 | 1,338.5 | 50% |
| Lot Size | 871 | 1,469 | 38% |
| Price | $392.0K | $373.5K | 50% |
| Price per sq ft | $265 | $273 | 31% |
| Built year | 2006 | 1998 | 50% |
| HOA | $410.0 | $263 | 88% |
| Days on market | 40 | 164 | 4% |
May 28, 2026
$392,000
$399,000
-2% Price Drop
Initial Listing
May 7, 2026
$399,000
$405,000
-1% Price Drop
Initial Listing
Apr 28, 2026
$405,000
Initial Listing
Oct 2, 2024
$410,000
Public Record
Jan 25, 2010
$90,000
Public Record
Sep 29, 2006
$290,000
Public Record
Sep 29, 2006
$289,000
Public Record
Jul 31, 2006
$341,500
Public Record