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101 Bear Leaf, Lake Forest, California 92630, Lake Forest, 92630 - 5 bed, 5 bath

101 Bear Leaf, Lake Forest, California 92630 home-pic-0
ACTIVE$2,588,000
101 Bear Leaf, Lake Forest, California 92630
5Beds
5Baths
2,960Sqft
3,978Lot

Price Vs. Estimate

The estimated value ($2,234,937.12) is $353,062.88 (13%) lower than the list price ($2,588,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Construction & Builder: Built in 2024 by Toll Brothers, a renowned luxury builder, ensuring modern design, quality, and the latest building standards.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3978, living area = 2960.

Compared to the nearby listings

Price:$2.59M vs avg $1.31M (+$1,278,000)97%
Size:2,960 sqft vs avg 2,130 sqft84%
Price/sqft:$874 vs avg $67591%

More Insights

Built in 2024 (1 years old).
Condition: This property, built in 2024 by Toll Brothers, is a brand-new construction. The images confirm a modern, open-concept design with premium finishes throughout. The kitchen is a 'chef's kitchen' with contemporary light-toned cabinetry, high-end stainless steel appliances (including a built-in refrigerator), a large island, and quartz countertops. Bathrooms are equally luxurious with modern vanities, tiled floors, a freestanding tub, and a spacious glass-enclosed shower in the primary suite. All flooring, lighting (recessed throughout), and fixtures are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Year Built
2024
Close
-
List price
$2.59M
Original List price
$2.5M
Price/Sqft
$874
HOA
$290
Days on market
-
Sold On
-
MLS number
OC25069862
Home ConditionExcellent
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

Experience elevated living in this Toll Brothers signature home, nestled in the coveted community of The Meadows. This elegant corner unit is filled with natural light, offering a sunny and bright interior that blends luxury with everyday comfort. The bedroom on main floor is perfect for guests or to use as a private home office. The primary suite is a serene escape with a private retreat area ideal for relaxation and quiet moments. A spacious loft on the second floor provides the perfect setting for a separate family room, play area, or media lounge. The chef’s kitchen is a true showpiece, featuring premium finishes and an effortless flow into the open-concept living and dining spaces. Perfectly situated near the community park and resort-style pool, and with easy access to major freeways and toll roads, this home is just minutes from Irvine Spectrum, UC Irvine, premier shopping, renowned hospitals, and world-class beaches.

Condition Rating
Excellent
This property, built in 2024 by Toll Brothers, is a brand-new construction. The images confirm a modern, open-concept design with premium finishes throughout. The kitchen is a 'chef's kitchen' with contemporary light-toned cabinetry, high-end stainless steel appliances (including a built-in refrigerator), a large island, and quartz countertops. Bathrooms are equally luxurious with modern vanities, tiled floors, a freestanding tub, and a spacious glass-enclosed shower in the primary suite. All flooring, lighting (recessed throughout), and fixtures are new and meet current quality standards, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Brand New Construction & Builder: Built in 2024 by Toll Brothers, a renowned luxury builder, ensuring modern design, quality, and the latest building standards.
Desirable Community & Amenities: Nestled in the coveted 'The Meadows' community, offering resort-style amenities including a community park and pool, enhancing lifestyle appeal.
Flexible & Spacious Floor Plan: Features 5 bedrooms and 5 bathrooms, including a convenient main floor bedroom ideal for guests or a home office, a luxurious primary suite with a private retreat, and a versatile second-floor loft.
Premium Interior Finishes: Boasts a chef's kitchen with premium finishes and an open-concept living and dining space, further enhanced by abundant natural light as an elegant corner unit.
Excellent Location & Accessibility: Strategically situated with easy access to major freeways and toll roads, and minutes from key destinations like Irvine Spectrum, UC Irvine, premier shopping, hospitals, and world-class beaches, within a top-rated school district.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3978, living area = 2960.
Overpriced Relative to Market: The current list price of $2.588M is significantly above the estimated property value ($2.23M) and recent comparable sales in the immediate area, indicating potential overvaluation.
Price Increase Since Original Listing: The property's list price has increased from its original $2.498M, which may raise buyer scrutiny regarding its market competitiveness and perceived value.
Ongoing Association Fees: The monthly association fee of $290.0 adds to the recurring costs of homeownership, a financial consideration for potential buyers.

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