16377 Lakeshore 2d, Lake Elsinore, California 92530, Lake Elsinore, 92530 - 2 bed, 2 bath
ACTIVE$291,500
16377 Lakeshore 2d, Lake Elsinore, California 92530
2Beds
2Baths
791Sqft
Lot
Year Built
1990
Close
-
List price
$292K
Original List price
$292K
Price/Sqft
$369
HOA
$360
Days on market
-
Sold On
-
MLS number
IV25255491
Home ConditionFair
Features
Good View: Pool
ViewPool
About this home
We found 3 Cons,5 Pros. Rank: price - $291.5K(25th), sqft - 791(31th), beds - 2(50th), baths - 2(50th).
Lido at lakeshore drive community. Great opportunity 2 bedrooms 1.5 bathrooms. Gated community centrally located close to the lake and access to association pool. One car garage.
Nearby schools
3/10
Machado Elementary School
Public,•K-5•0.5mi
4/10
Terra Cotta Middle School
Public,•6-8•1.1mi
5/10
Lakeside High School
Public,•9-12•1.5mi
Price History
Date
Event
Price
11/07/25
Listing
$291,500
03/16/22
Sold
$246,500
09/13/05
Sold
$208,000
Condition Rating
Fair
Built in 1990, the property is well-maintained with fresh paint and newer carpet in the bedroom. However, the kitchen features dated cabinets, laminate countertops, and older appliances (refrigerator, dishwasher), while the bathroom also shows outdated fixtures and finishes. These areas are functional but require significant updates to meet current aesthetic and quality standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Gated Community & Amenities: The property is located within a secure, gated community that offers access to an association pool, enhancing lifestyle and security.
Lake Proximity: Its central location close to Lake Elsinore provides desirable recreational opportunities and scenic appeal.
Dedicated Parking: The inclusion of a one-car garage offers convenient and secure parking, a valuable asset for a condominium.
High-Rated High School: Zoned for Lakeside High School, which boasts an excellent 5-star rating, appealing to families with school-aged children.
Affordable Entry Point: With a list price of $291,500, it represents a relatively accessible price point for homeownership in the Lake Elsinore market.
Cons
Compact Living Space: At 791 square feet, the property offers limited living area, which may not be suitable for all buyer preferences or household sizes.
High Monthly HOA Fees: The $360 monthly association fee is a significant recurring cost that adds to the overall expense of ownership.
Property Age & Potential for Updates: Built in 1990, the property is over three decades old, suggesting that some systems, finishes, or appliances may require modernization or replacement in the near future.