
Lake Forest, California 92610
This Turnkey Condominium is a Strong Value Opportunity, listed at $875,000—positioned well below the $911,507 Fair Market Value by 4%. This valuation gap offers $36,507 in Instant Equity for the buyer. Featuring a Mint Condition Rating, this 2019-built home includes modern upgrades like plantation shutters and epoxy garage floors. Located in the prestigious Saddleback Valley Unified School District with resort-style amenities, this property is an ideal sanctuary for first-time buyers or owner-occupants seeking a sophisticated, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 108 High Meadow Subject | $850,000* List Price | 3 | 3 | 1,410 | $621 | - |
A 901 Sunset Rdg Sold | $855,000 | 2 | 3 | 1,453 | $588 | 0.0 mi |
B 109 Alder Ridge Sold | $830,000 | 3 | 3 | 1,410 | $589 | 0.1 mi |
C 506 Deeann Sold | $965,000 | 3 | 4 | 1,761 | $548 | 0.0 mi |
D 420 Coyote Sold | $790,000 | 2 | 3 | 1,324 | $597 | - |
E 606 White Oaks Active | $805,000 List Price | 2 | 3 | 1,324 | $608 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and remains in mint condition. The interior features a modern kitchen with stainless steel appliances, updated flooring, and fresh paint. Systems are contemporary, including a water softener and enhanced insulation, requiring no maintenance.
Built in 2019 and recently refreshed with new paint and flooring, this end-unit offers contemporary finishes and high-end upgrades like epoxy garage floors and plantation shutters.
Residents benefit from the Iron Ridge lifestyle, featuring resort-style facilities including a pool, spa, pickleball courts, and direct access to scenic hiking and biking trails.
The property boasts a relatively low HOA fee and the significant advantage of no Mello-Roos, providing better long-term affordability compared to many newer Orange County developments.
Despite being located in the scenic Portola Hills area, the property is noted as having no specific view, which may impact its appeal compared to neighboring units with vistas.
With 1,410 square feet distributed across three bedrooms, the living spaces and bedrooms may feel somewhat constrained for buyers prioritizing spaciousness.
Modern and bright, this three-bedroom, 2.5-bath end-unit home offers 1,410 square feet of thoughtfully designed living space and an oversized two-car garage. Freshly painted with newer flooring throughout, the home features plantation shutters in the main living area and built-in surround sound in the living room. Additional upgrades include a water softener, enhanced insulation, and epoxy-coated garage floors. Iron Ridge residents enjoy resort-style amenities, including a pool and spa, clubhouse, playgrounds, pickleball courts, dog parks, barbecue areas, and scenic hiking and biking trails. Conveniently located near shopping, dining, major freeways, and toll roads, the home is also situated within the highly regarded SVUSD school district. No Mello-Roos.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,410 | 1,109.86 |
| Lot Size | 611,236 | 165,856.581 |
| Price | $850.0K | $663.6K |
| Price per sq ft | $603 | $603 |
| Built year | 2019 | 1987 |
| HOA | $202.0 | $485 |
| Days on market | 33 | 54 |
Aug 21, 2026
$850,000
$875,000
-3% Price Drop
Initial Listing
Aug 7, 2026
$875,000
Initial Listing
Nov 16, 2022
$765,000
Public Record