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16377 Lakeshore Drive, #5C, Lake Elsinore, CA 92530

$295K2bd · 2ba · 791 sqft
Lot 801 sqft•HOA $360/mo•Condominium•
Active
•46d on market•MLS# IG-26189613

Property Description

Welcome to Lakeside Living in Lake Elsinore! This inviting first-floor, 2-bedroom, 2-full-bathroom condominium is located in the desirable gated Lido at Lakeshore community on the North Shore of Lake Elsinore. The bright and welcoming interior features commercial-grade vinyl plank flooring, recessed lighting, crown molding throughout, and baseboards, creating a clean and comfortable living environment. The functional kitchen opens to the living area, while both bedrooms offer comfortable accommodations. Step outside to the covered patio, which includes a convenient washer and dryer closet—perfect for everyday living. The property also includes a one-car detached garage plus one assigned parking space. Enjoy the benefits of a gated community with well-maintained grounds and an association pool. Ideally located near Lake Elsinore, parks, shopping, dining, and freeway access, this home offers convenient, low-maintenance living in a desirable Southern California location. Whether you're a first-time buyer, downsizing, or looking for an investment opportunity, this condominium offers comfort, convenience, and value in a lakeside community.

Features & Amenities

FeeBuilt 1990

Property Details

Land Type
Fee
Year Built
1990
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
1
Heating
Central
Cooling
Central Air
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byThe Mortgage Pros Funding, Francisco Pina

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,491.68
Principal & Interest
Loan Amount
$236,000
Total Interest
$301,005
Total Payment Over 30 Years
$537,005
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 4 active · 5 closed

16377 Lakeshore Drive, #5C, Lake Elsinore, CA 92530

Lake Elsinore · Condominium

$295K
Affordable Tier
Beds
2
Baths
2
Sqft
791
Lot
801 sqft
Year
1990
$/Sqft
$373
Pool: Yes✓
Garage: 1-car✓

Listed 37.2% above the median closed sale of $215,000. Price per sqft ($373) is a 34% premium to closed comps ($279).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $295K· $373/sqft
Total list price
Closed comps
vs closed median $215K
+$80K (+37.2%)
Active comps
vs active median $300K
−$5K (−1.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $349
+$25 (+7.0%)

Active Properties (4)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
16377 LakeshoreLake Elsinore199022791830$379$299,9002099
16377 Lakeshore DriveLake Elsinore199023785809$414$324,9002295
713 Walnut DriveLake Elsinore1986219450$317$300,00016784
620 Parkview DriveLake Elsinore1985211,058993$284$300,000481
Total: 4 · Average2.01.8894.75877.333$348.5$306,20053.25
Median945$300,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
16377 LakeshoreLake Elsinore199007/17/2026227910$289,900$294,000$3721.0128199
150 LakeshoreLake Elsinore196407/09/202622800800$220,000$215,000$2690.986987
150 LakeshoreLake Elsinore196406/17/202622800800$200,000$175,000$2190.886286
579 ParkviewLake Elsinore198608/20/2026221,058871$335,000$335,000$3171.009286
150 LakeshoreLake Elsinore196407/08/2026228000$175,000$175,000$2191.006086
Total: 5 · Average2.02.0849.8823.667$238,800$238,800$279.2—112.8
Median800$215,000$215,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.