282 Parkview Drive, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 1 bath
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Lake Elsinore, California 92530
This Two-Bedroom Condominium represents a Strong Value Opportunity, with a List Price of $308,000—positioned below the $313,433 Fair Market Value by 1%. This pricing provides $5,433 in Instant Equity for incoming owners. Featuring a Condition Rating of 4, the home offers a Granite Kitchen and a main-level primary suite with a Private Cemented Patio. Located within the Lake Elsinore Unified district, the property benefits from strong rental demand and proximity to local amenities. This is an optimal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, low-maintenance entry into the Southern California market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 282 Parkview Drive Subject | $308,000* List Price | 2 | 1 | 944 | $332 | - |
A 593 Parkview Dr Sold | $305,000 | 2 | 1 | 944 | $323 | 0.1 mi |
B 16377 Lakeshore 4f Sold | $320,000 | 2 | 2 | 791 | $405 | 0.4 mi |
C 16377 Lakeshore Pending | $284,900 List Price | 2 | 2 | 785 | $363 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, this property is well-maintained but shows signs of its age consistent with the 'fair' criteria. While the kitchen has been updated with granite countertops, the overall cabinetry, single-bathroom layout, and 39-year-old structure indicate it has not undergone a full recent renovation. The mix of tile and carpet flooring appears functional but dated, and the property fits the profile of a home maintained through regular upkeep rather than modern transformation.
The kitchen features high-quality granite countertops and a functional dining area, offering a premium feel and immediate move-in appeal for a condo in this price range.
The primary bedroom is located on the main level with direct access to a private patio, providing excellent accessibility and a desirable indoor-outdoor living flow.
The combination of durable tile flooring, an attached garage, and an HOA that covers water and exterior maintenance ensures a hassle-free lifestyle for owners.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =944, other record lot size in square feet = 871.
With only one bathroom serving two bedrooms across two levels, the layout may present a bottleneck for multi-resident households or when hosting guests.
The $400 monthly association fee represents a notable recurring expense that impacts overall monthly affordability and may deter budget-conscious buyers.
Welcome to this charming two-bedroom, one-bathroom condo, perfectly situated for comfortable living. This delightful home features an open floor plan with tile flooring, making it both stylish and easy to maintain. As you enter, you’ll find a cozy family room complete with a fireplace, creating a warm ambiance for gatherings. The kitchen is a chef’s dream, boasting stunning granite countertops and a dining area ideal for casual meals. The primary bedroom is conveniently located on the first floor and features carpeted flooring and sliding doors that lead directly to a private cemented patio, perfect for enjoying your morning coffee or evening relaxation. The primary bathroom offers room for all your needs. Head upstairs to discover a secondary bedroom, also carpeted, providing additional space for guests or family. The community amenities include water, insurance, and maintenance of the grounds for a low-maintenance lifestyle. Plus, enjoy the convenience of an attached one-car garage. Don’t miss out on this lovely condo that combines comfort and convenience in a desirable community!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 41% |
| Baths | 1.0 | 2.5 | 14% |
| Square foot | 944 | 1,807 | 27% |
| Lot Size | 944 | 1,473 | 27% |
| Price | $308.0K | $500.0K | 23% |
| Price per sq ft | $326 | $276 | 86% |
| Built year | 1987 | 2025 | 32% |
| HOA | $400.0 | $229 | 86% |
| Days on market | 40 | 194 | 5% |
Mar 13, 2026
$308,000
Initial Listing
May 6, 2014
$106,500
Public Record
Nov 17, 2006
$224,000
Public Record
Feb 14, 2005
$177,500
Public Record
Sep 30, 2003
$118,000
Public Record
Feb 15, 2002
$84,500
Public Record
Mar 21, 1996
$44,500
Public Record