
16377 Lakeshore Drive, #5C, Lake Elsinore, CA 92530
16377 Lakeshore Drive, #5C, Lake Elsinore, CA 92530
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.
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Property Details
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Comparative Market Analysis
Affordable Tier · 4 active · 5 closed
Lake Elsinore · Condominium
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.
Active Properties (4)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 16377 Lakeshore | Lake Elsinore | 1990 | 2 | 2 | 791 | 830 | $379 | $299,900 | 20 | 99 |
| 16377 Lakeshore Drive | Lake Elsinore | 1990 | 2 | 3 | 785 | 809 | $414 | $324,900 | 22 | 95 |
| 713 Walnut Drive | Lake Elsinore | 1986 | 2 | 1 | 945 | 0 | $317 | $300,000 | 167 | 84 |
| 620 Parkview Drive | Lake Elsinore | 1985 | 2 | 1 | 1,058 | 993 | $284 | $300,000 | 4 | 81 |
| Total: 4 · Average | 2.0 | 1.8 | 894.75 | 877.333 | $348.5 | $306,200 | 53.25 | |||
| Median | 945 | $300,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16377 Lakeshore | Lake Elsinore | 1990 | 07/17/2026 | 2 | 2 | 791 | 0 | $289,900 | $294,000 | $372 | 1.01 | 281 | 99 |
| 150 Lakeshore | Lake Elsinore | 1964 | 07/09/2026 | 2 | 2 | 800 | 800 | $220,000 | $215,000 | $269 | 0.98 | 69 | 87 |
| 150 Lakeshore | Lake Elsinore | 1964 | 06/17/2026 | 2 | 2 | 800 | 800 | $200,000 | $175,000 | $219 | 0.88 | 62 | 86 |
| 579 Parkview | Lake Elsinore | 1986 | 08/20/2026 | 2 | 2 | 1,058 | 871 | $335,000 | $335,000 | $317 | 1.00 | 92 | 86 |
| 150 Lakeshore | Lake Elsinore | 1964 | 07/08/2026 | 2 | 2 | 800 | 0 | $175,000 | $175,000 | $219 | 1.00 | 60 | 86 |
| Total: 5 · Average | 2.0 | 2.0 | 849.8 | 823.667 | $238,800 | $238,800 | $279.2 | — | 112.8 | ||||
| Median | 800 | $215,000 | $215,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.