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$548,500
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Property Description
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.
Full Property Details
Full Property Details for 16550 Arnold Ave
General
- Sold For: $548,500
- Status: Closed
- Type: Single Family
- Source: MRMLS
- MLS ID: SW26039698
- Added to Site: 92 day(s) ago
Interior
- Rooms/Areas: Main Floor Bedroom
- Interior Features: Balcony, Block Walls, Ceiling Fan(s), 2 Staircases
- Fireplace: Yes
- Fireplace(s): Family Room
- Appliances: Gas Range
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Riverside
- Driving Directions: From 15 FRWY: Exit Nichols West; LT Terra Cotta; LT Arnold Ave
School Information
- School District: Lake Elsinore Unified
Community
- Community Features: Lake
Heating & Cooling
- Cooling Type: Central Air
Utilities
- Sewer: Septic Type Unknown
- Water: Public
Structural Information
- Structure Type: Single Family Residence
- Common Walls: No Common Walls
- Entry Location: 2
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 1,700
- Sq. Ft. Source: Assessor
- Year Built: 1983
- Year Built Source: Assessor
Lot Features
- Property View: Lake, Hills
- Lot Size (Acres): 0.26
- Lot Size Source: Assessor
- Zoning: RR
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $322.65
Disclosures and Reports
- Special Conditions: Standard
Listed by Coldwell Banker Assoc.Brkr-Mur, Tarra Cochran
Sold by Realty One Group West - Corona, FRANK ESTELL
Get Pre-Approved Today
Schools
Schools serving 16550 Arnold Ave
School District:Lake Elsinore Unified School District
| Name | Grades | Distance |
|---|---|---|
Alberhill Elementary 4170 Brianna Circle, Lake Elsinore, CA 92530 | K-5 | 1.2 mi |
Terra Cotta Middle School 29291 Lake Street, Lake Elsinore, CA 92530 | 6-8 | 1.2 mi |
Lakeside High School 32593 Riverside Drive, Lake Elsinore, CA 92530 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16550 Arnold Ave
Date
Details
Price
Change
Source
4/28/2026
Sold
$548,500
—
MLS
3/12/2026
Price Reduced
$548,500
-1.88%
MLS
2/23/2026
Listed
$559,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
16550 Arnold Avenue, Lake Elsinore, CA 92530 (MLS# SW26039698) is a Single Family property that was sold at $548,500 on April 28, 2026. Want to learn more about 16550 Arnold Avenue? Do you have questions about finding other Single Family real estate for sale in Lake Elsinore? You can browse all Lake Elsinore real estate or contact a Coldwell Banker agent to request more information.

