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638 Parkview, Lake Elsinore, CA 92530

$325K2bd · 1ba · 944 sqft
Lot 871 sqft•HOA $300/mo•Condominium•
Active
•3d on market•MLS# SW-26232249

Property Description

638 Parkview Drive is a 2-bedroom, 1-bath condominium, offering 944 square feet of well-planned living space. The interior features a cozy fireplace, a spacious living room, dining area, and remodeled kitchen featuring updated cabinets, countertops, lighting, and appliances. Step outside the downstairs bedroom onto a covered patio or take in the views from the upstairs bedroom which features a vaulted ceiling. The 1-car garage provides secure parking and storage, and a driveway space adds a second spot. Laundry is conveniently located inside the garage. A private patio and backyard extend the living space outdoors, suitable for entertaining or quiet enjoyment. This rare end unit offers improved privacy sharing only one wall. HOA fees cover water, trash, building insurance and front landscaping maintenance. Located about half a mile from Lake Elsinore, with convenient access to boating, fishing, and other lakefront recreation. A neighborhood park is within walking distance, and Machado Elementary School is just down the street. Terra Cotta Middle School and Lakeside High School are also nearby. Historic downtown Main Street, with its restaurants, shops, and community events, is a short drive away. Interstate 15 is easily accessible for commuting, and the Lake Elsinore Outlets, major retail, and the Lake Elsinore Diamond are all close by.

Features & Amenities

FeeBuilt 1985

Property Details

Land Type
Fee
Year Built
1985
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
None
City
Lake Elsinore
Zip Code
92530
County
Riverside
Listed byPellego, Inc., Jacob Fenn

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,643.33
Principal & Interest
Loan Amount
$259,992
Total Interest
$331,605
Total Payment Over 30 Years
$591,597
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 · 5 active · 5 closed

638 Parkview, Lake Elsinore, CA 92530

Lake Elsinore · Condominium

$325K
Affordable Tier
Beds
2
Baths
1
Sqft
944
Lot
871 sqft
Year
1985
$/Sqft
$344
Pool: No✓
View: None✓
Garage: 1-car✓

Listed 4.2% above the median closed sale of $312,000. Expect a longer timeline — comps averaged 123 days on market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $325K· $344/sqft
Total list price
Closed comps
vs closed median $312K
+$13K (+4.2%)
Active comps
vs active median $300K
+$25K (+8.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $351
−$7 (−1.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
620 Parkview DriveLake Elsinore1985211,058993$284$300,0002596
713 Walnut DriveLake Elsinore1986219450$317$300,00018795
16377 LakeshoreLake Elsinore199022791830$379$300,0004188
16377 Lakeshore DriveLake Elsinore199022791801$369$292,0006488
16377 Lakeshore DriveLake Elsinore199022785809$405$317,7754388
Total: 5 · Average2.01.6874858.25$350.8$301,95572
Median791$300,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
282 Parkview DriveLake Elsinore198704/29/202621944944$308,000$300,000$3180.974795
579 ParkviewLake Elsinore198608/20/2026221,058871$335,000$335,000$3171.009392
632 ParkviewLake Elsinore198504/27/2026221,1500$319,000$312,000$2710.9812988
684 Parkview DriveLake Elsinore198202/05/2026211,0501,386$346,500$339,000$3230.986387
16377 LakeshoreLake Elsinore199007/17/2026227910$289,900$294,000$3721.0128287
Total: 5 · Average2.01.6998.61,067$316,000$316,000$320.2—122.8
Median1,050$312,000$312,000

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.