Oceanside, California · 92057

Lakeshore Villas at Libby Lake.

Lakeshore Villas is the 150-unit condo community around Libby Lake on Calle Montecito, the one most people call the Libby Lake condos. It's about three miles from Camp Pendleton's San Luis Rey Gate.

Lakeshore Villas, October 2026

HOA dues$620/mo
Built1985
Homes150
VA condo statusAccepted
To San Luis Rey GateAbout 6 min

Dues from August to October 2026 MLS listings. VA status from the VA Condo Report, October 19, 2026. Drive time without traffic.

Inside Lakeshore Villas

Fifteen two-story buildings line Calle Montecito, numbered 501 to 530, with 150 units in all. Some units look out on Libby Lake and Libby Lake Park, and the grounds have greenbelts, walking paths, a pool and a spa.

Recent listings show two floor plans, a two-bedroom, one-bath at 806 square feet and a two-bedroom, two-bath at 856 square feet. Laundry sits in a closet on the balcony or patio.

Dues were $620 a month on 2026 listings, up from about $540 to $560 in 2024 and 2025. They cover water, sewer, trash, exterior and roof upkeep, termite and the common areas. Ask for the reserve study during escrow.

HOA dues$620 a month (2026)
Dues coverWater, sewer, trash, exterior and roof, termite, common areas
Floor plans806 and 856 sq ft
ParkingOne assigned covered space, plus guest parking
LaundryCloset on the balcony or patio
AmenitiesPool, spa, greenbelts, walking paths

Buying Here With a VA Loan

The VA Condo Report lists Lakeshore Villas under more than one record. Two are Accepted Without Conditions (Lake Shore Villas, ID 001048, and Lakeshore Villas, ID 001300, reviewed in 2020 and 2021). Two older records show Suspended and Pending.

Because there's more than one record, I have the lender confirm which one covers the unit before you write an offer. HOA dues count in the payment your lender qualifies you on, so I run the numbers with the dues included before you write an offer.

Dara Smith

Dual Active Duty Family · First-Time Buyers on PCS Orders from Okinawa

Zillow review

As first-time homebuyers, he made the VA process look seamless and explained everything to us in great detail. He was working with us from the beginning when we were still overseas in Japan. Being a dual-active military family, I would 100% recommend him. He truly supports and understands the military community and lifestyle, a veteran himself.

Read More Reviews

Getting to Base and Around Town

North River Road gets you to the San Luis Rey Gate in about 6 minutes, roughly 3 miles. The Main Gate off I-5 is about 7 miles, around 12 minutes. Drive times are without traffic or a line at the gate, so plan for more at rush hour.

  • Libby Lake Park, right on site
  • Mission Marketplace (Target, Sprouts, Regal), under a mile
  • Oceanside Municipal Golf Course, under a mile
  • Mission San Luis Rey, about 1.4 miles

Straight-line distances, approximate.

Lakeshore Villas is in Oceanside Unified. Boundaries go by address, so I confirm the district for every home before you write an offer.

Homes for Sale at Lakeshore Villas

Nine units were listed in mid-October 2026, asking $349,999 to $435,000. Recent sales: $395,000 (January 2025) and $385,000 (March 2026).

Tell me what you're looking for and I'll send new Lakeshore Villas listings as soon as they hit the MLS.

Search Oceanside CondosGet New Listings Here

Lakeshore Villas Questions, Answered

The questions I hear most about Lakeshore Villas. If yours isn’t here, call or text and ask.

Ask Me a Question
Is Lakeshore Villas the "Libby Lake condos"?

Yes. It is the same 150-unit complex on Calle Montecito, next to Libby Lake.

What are the HOA dues?

$620 a month on 2026 listings. They cover water, sewer, trash, exterior and roof upkeep, termite and the common areas.

Is there a pool?

Yes, a pool and a spa, plus greenbelts and walking paths.

What floor plans are there?

Recent listings show 806 square feet for a two-bedroom, one-bath and 856 square feet for a two-bedroom, two-bath.

Where is the laundry?

In a closet on the balcony or patio, with a washer and dryer or hookups.

Is Lakeshore Villas VA approved?

Two records on the VA Condo Report are Accepted Without Conditions (IDs 001048 and 001300), and two older records show Suspended and Pending. Your lender confirms which record covers the unit.

Thinking About Lakeshore Villas?

Tell me your budget and your timeline. I'll walk you through the payment with dues, the HOA documents and the VA steps.

Book a Free Call

Prefer to call? (619) 485-8293

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Jose Luis Tepox Jr.

| Military & VA Realtor

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