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672 Parkview Drive, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 1 bed, 1 bath

672 Parkview Drive, Lake Elsinore, California 92530 home-pic-0
ACTIVE$285,000
672 Parkview Drive, Lake Elsinore, California 92530
1Bed
1Bath
770Sqft
Lot
Year Built
1982
Close
-
List price
$285K
Original List price
$295K
Price/Sqft
$370
HOA
$400
Days on market
-
Sold On
-
MLS number
25550491
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $285.0K(25th), sqft - 770(19th), beds - 1(19th), baths - 1(31th).

A Lakeside Escape Just for You! Discover your perfect sanctuary in this charming, move-in-ready one-bedroom condo, ideal for a single person or a couple. This home is a launchpad to a vibrant lifestyle, offering a cozy retreat without sacrificing adventure. Lake Elsinore is more than a city; it's a playground for two. You'll find adrenaline rushes and romantic evenings. Enjoy an afternoon of waterskiing or parasailing on the lake, or take a tandem jump at Skydive Elsinore for a view you'll never forget. Stroll along the lake at sunset, grab a craft beer at a local brewery, or catch a Lake Elsinore Storm baseball game. Hike the scenic trails of the Cleveland National Forest or find a hidden picnic spot with panoramic views. This is your chance to own a piece of the action, a comfortable home base for your shared adventures.

Price History

Date
Event
Price
08/07/25
Price Change
$285,000
06/10/25
Listing
$295,000
Condition Rating
Fair
Built in 1982, this condo is 42 years old. While it is 'move-in ready' and features some beneficial updates like newer stainless steel kitchen appliances and consistent laminate/vinyl plank flooring throughout, many core elements remain original and outdated. The kitchen cabinets and countertops are clearly from an older era, and the bathroom's tub/shower unit also shows its age. The overall aesthetic, including the fireplace and general finishes, reflects its 1980s construction. It is well-maintained and functional, but requires minor updates to modernize fully, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Move-in Ready Condition: The property is described as 'move-in-ready,' appealing to buyers seeking immediate occupancy without the need for renovations or repairs.
Vibrant Lifestyle & Recreational Access: Strong emphasis on Lake Elsinore's active lifestyle, offering abundant recreational activities like watersports, skydiving, hiking, and local entertainment, highly attractive to active individuals/couples.
Targeted Appeal for Singles/Couples: Explicitly marketed as 'ideal for a single person or a couple,' which effectively targets a specific demographic, streamlining the sales process for this niche.
Recent Price Reduction: The $10,000 price drop from the original list price enhances its competitiveness and value proposition in the current market.
Manageable & Efficient Living Space: At 770 sqft, the 1-bedroom layout offers a cozy and efficient living space, appealing to those seeking low maintenance and a simpler lifestyle.

Cons

High Monthly Association Fee: The $400 monthly association fee is a significant ongoing cost, potentially impacting affordability and deterring buyers, especially for a 1-bedroom unit.
Limited Buyer Pool (1 Bed/1 Bath): The small 1-bedroom, 1-bath configuration significantly restricts the target market, making it unsuitable for families or those requiring more space, which could prolong market time.
Lack of View: Despite the 'Lakeside Escape' branding and proximity to the lake, the property explicitly states 'view: None,' which can be a disappointment for buyers expecting scenic vistas from a Lake Elsinore property.

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