Fully remodeled custom home at 16550 Arnold Ave in Lake Elsinore, with the adjacent parcel included in the sale, offering added space, flexibility, and long-term opportunity. The kitchen has been completely renovated with white shaker cabinetry, quartz countertops, subway tile backsplash, stainless steel appliances, and a farmhouse sink. Both bathrooms feature custom tile work, modern vanities, and matte black fixtures. New rear dual-pane windows enhance natural light and energy efficiency, while updated flooring and contemporary finishes create a clean, cohesive interior throughout.
The lower level includes a 2-car garage and a spacious bonus room with closet and separate exterior entrance, ideal for multi-generational living, extended guests, a private office, or potential income-producing space. Additional highlights include paid-off solar, RV parking, no HOA, no Mello Roos, and low property taxes. Serviced by septic and propane for greater utility independence. Located just a couple miles from Lake Elsinore, offering convenient access to boating, fishing, and outdoor recreation. A rare opportunity to own a move-in ready custom home with land, versatility, and lasting value.
Sold for $548,500
Listed by: Coldwell Banker Assoc.Brkr-Mur • Tarra Cochran • Contact: 951-698-2323
Bought with: REALTY ONE GROUP WEST - CORONA
$548,500
16550 Arnold Ave, Lake Elsinore, CA 92530
4beds
1,700sqft
Single Family Residence
Built in 1983
0.26 Acres Lot
$546,600 Zestimate®
$323/sqft
$3,090 Estimated rent
Home value
$546,600
$519,000 - $574,000
$3,090/mo
Zestimate® history
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Paid-off solarRv parkingFarmhouse sinkMatte black fixturesSubway tile backsplashQuartz countertopsStainless steel appliances
Zillow last checked:
Listing updated:
Listed by:
Tarra Cochran DRE #02032031 951-751-6306,
Coldwell Banker Assoc.Brkr-Mur
Bought with:
FRANK ESTELL, DRE #01488010
REALTY ONE GROUP WEST - CORONA
Source: CRMLS,MLS#: SW26039698
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bedrooms: 1
Rooms
- Room types: Bedroom
Bedroom
- Features: Bedroom on Main Level
Cooling
- Central Air
Appliances
- Included: Gas Range
- Laundry: Inside
Features
- Balcony, Block Walls, Ceiling Fan(s), Multiple Staircases, Bedroom on Main Level
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,700 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Entry location: 2
- Pool features: None
- Has view: Yes
- View description: Hills, Lake
- Has water view: Yes
- Water view: Lake
Lot
- Size: 0.26 Acres
- Features: Corner Lot
Details
- Additional parcels included: 378293007
- Parcel number: 378203008
- Zoning: RR
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1983
Utilities & green energy
- Sewer: Septic Type Unknown
- Water: Public
Community & HOA
Community
- Features: Lake
Location
- Region: Lake Elsinore
Financial & listing details
- Price per square foot: $323/sqft
- Tax assessed value: $476,267
- Date on market: 2/23/2026
- Cumulative days on market: 34 days
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,Submit,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 4/28/2026 | Sold | $548,500$323/sqft |
Source:  CRMLS #SW26039698 Report a problem | ||
| 3/30/2026 | Pending sale | $548,500$323/sqft |
Source: CRMLS #SW26039698 Report a problem | ||
| 3/13/2026 | Price change | $548,500-1.9%$323/sqft |
Source: CRMLS #SW26039698 Report a problem | ||
| 2/23/2026 | Price change | $559,000+31.5%$329/sqft |
Source: CRMLS #SW26039698 Report a problem | ||
| 2/11/2022 | Pending sale | $425,000$250/sqft |
Source: CRMLS #IG22017519 Report a problem | ||
| 1/28/2022 | Listed for sale | $425,000+30.8%$250/sqft |
Source: CRMLS #IG22017519 Report a problem | ||
| 6/25/2019 | Sold | $325,000+0%$191/sqft |
Source:  CRMLS #SW19058958 Report a problem | ||
| 5/25/2019 | Pending sale | $324,900$191/sqft |
Source: Coldwell Banker Residential Brokerage - Murrieta #SW19058958 Report a problem | ||
| 5/16/2019 | Price change | $324,900-0.9%$191/sqft |
Source: Coldwell Banker Residential Brokerage - Murrieta #SW19058958 Report a problem | ||
| 4/11/2019 | Price change | $327,900-0.6%$193/sqft |
Source: Coldwell Banker Residential Brokerage - Murrieta #SW19058958 Report a problem | ||
| 3/16/2019 | Listed for sale | $329,900+40.4%$194/sqft |
Source: Coldwell Banker Res-Murrieta #SW19058958 Report a problem | ||
| 2/21/2015 | Listing removed | $234,900$138/sqft |
Source: Pacific Star Real Estate #IG15007637 Report a problem | ||
| 1/21/2015 | Pending sale | $234,900$138/sqft |
Source: Pacific Star Real Estate #IG15007637 Report a problem | ||
| 1/13/2015 | Listed for sale | $234,900+37.4%$138/sqft |
Source: Pacific Star Real Estate #IG15007637 Report a problem | ||
| 7/29/2013 | Sold | $171,000+14%$101/sqft |
Source: Agent Provided Report a problem | ||
| 7/18/2013 | Listed for sale | $150,000+27.1%$88/sqft |
Source: Re/Max Professionals #IG13138424 Report a problem | ||
| 8/27/1999 | Sold | $118,000+54.2%$69/sqft |
Source: Public Record Report a problem | ||
| 2/26/1999 | Sold | $76,500-7.3%$45/sqft |
Source: Public Record Report a problem | ||
| 12/29/1995 | Sold | $82,500$49/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $476,267 +2% |
| 2025 | $3,178 +3.9% | $466,930 +2% |
| 2024 | $3,060 -0.6% | $457,776 +2% |
| 2023 | $3,077 -5.4% | $448,800 +47.2% |
| 2022 | $3,254 +2% | $304,839 +2% |
| 2021 | $3,191 +1% | $298,863 +1% |
| 2020 | $3,160 +40.1% | $295,800 +37.3% |
| 2019 | $2,255 -38.4% | $215,474 +2% |
| 2018 | $3,660 +1.7% | $211,250 +2% |
| 2017 | $3,597 | $207,109 +2% |
| 2016 | $3,597 +10.3% | $203,049 +20% |
| 2015 | $3,261 +2.2% | $169,231 +2% |
| 2014 | $3,191 | $165,917 +33.5% |
| 2013 | -- | $124,249 +2% |
| 2012 | -- | $121,814 +2% |
| 2011 | -- | $119,427 +0.8% |
| 2010 | -- | $118,536 -0.2% |
| 2009 | -- | $118,819 +2% |
| 2008 | -- | $116,491 +2% |
| 2007 | -- | $114,208 +2% |
| 2006 | -- | $111,970 +2% |
| 2005 | -- | $109,775 +3.9% |
| 2003 | -- | $105,653 +2% |
| 2002 | -- | $103,582 +2% |
| 2001 | $1,130 +1.4% | $101,551 +2% |
| 2000 | $1,114 | $99,560 |
Find assessor info on the county website
Neighborhood: 92530
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Nearby schools
GreatSchools rating
- 6/10Alberhill ElementaryGrades: K-5Distance: 1.2 mi
- 2/10Terra Cotta Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Lakeside High SchoolGrades: 9-12Distance: 1.7 mi
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Estimated market value
$546,600
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Estimated market value
$546,600
- California
- Riverside County
- Lake Elsinore
- 92530
- 16550 Arnold Ave
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