274 Parkview Place, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
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Lake Elsinore, California 92530
This Well-Maintained View Condominium is a strategic entry-point asset, listed at $369,000—positioned well below the $373,553 Fair Market Value by 1%. This valuation offers $4,553 in Instant Equity, significantly bolstered by a $20,000 grant and low-down-payment financing options. With a Condition Rating of 4, the home features Stunning Lake and Mountain Views, a newer HVAC system, and energy-efficient dual-pane windows. Located within the Lake Elsinore Unified district, it is a high-utility choice for first-time buyers or Buy-and-Hold Investors seeking a stable, view-oriented rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 274 Parkview Place Subject | $369,000* List Price | 2 | 2 | 1,150 | $325 | - |
A 282 Parkview Drive Sold | $300,000 | 2 | 1 | 944 | $318 | 0.0 mi |
B 632 Parkview Sold | $312,000 | 2 | 2 | 1,150 | $271 | 0.1 mi |
C 16377 Lakeshore Sold | $285,000 | 2 | 2 | 785 | $363 | 0.4 mi |
D 16377 Lakeshore 2d Sold | $289,000 | 2 | 2 | 791 | $365 | 0.4 mi |
E 593 Parkview Dr Sold | $305,000 | 2 | 1 | 944 | $323 | 0.1 mi |
F 16377 Lakeshore 4f Sold | $320,000 | 2 | 2 | 791 | $405 | 0.4 mi |
G 612 Parkview Active | $320,000 List Price | 2 | 2 | 1,195 | $268 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the property is well-maintained with essential system upgrades including a newer AC and furnace. However, it remains largely dated with older carpeting and bathroom fixtures, fitting the criteria for a home over 20 years old requiring minor cosmetic updates.
The property qualifies for a $20,000 grant and no mortgage insurance with a 3% down payment, significantly lowering the barrier to entry for first-time buyers.
The private backyard offers stunning, unobstructed views of Lake Elsinore and the surrounding mountains, providing a premium outdoor living experience.
Equipped with dual-pane windows, a newer AC unit, and a newer furnace, the home ensures modern comfort and improved energy efficiency.
The $400 monthly association fee is relatively high for this price point, which may impact the overall monthly affordability for budget-conscious buyers.
Featuring only 1.5 bathrooms, the layout may be less convenient for families or roommates compared to units offering two full bathrooms.
~Conventional Condo financing with 3% down, no mortgage insurance with up to a $20,000 grant available~ Very well-maintained condo located in beautiful Lake Elsinore. This home features 2 bedrooms and 1.5 bathrooms, along with new kitchen countertops, a newer AC unit, and a newer furnace. Dual-pane windows are installed throughout the property for added efficiency and comfort. Enjoy a private backyard with stunning views of the lake and surrounding mountains—perfect for watching 4th of July fireworks. Conveniently located near shopping, dining, schools, and parks.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,150 | 1,197.5 | 46% |
| Lot Size | - | 1,469 | 38% |
| Price | $369.0K | $362.0K | 50% |
| Price per sq ft | $321 | $276 | 81% |
| Built year | 1987 | 1990 | 46% |
| HOA | $400.0 | $263 | 73% |
| Days on market | 0 | 164 | 4% |
Apr 29, 2026
$369,000
Initial Listing
Jun 27, 2001
$93,000
Public Record
Dec 23, 1997
$52,000
Public Record
Jul 6, 1995
$50,000
Public Record