11 Goldenrod, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 5 bath

11 Goldenrod, Lake Forest, California 92630 home-pic-0
ACTIVE$2,480,000
11 Goldenrod, Lake Forest, California 92630
4Beds
5Baths
2,992Sqft
9,387Lot

Price Vs. Estimate

The estimated value ($2,112,787.715) is $367,212.285 (14%) lower than the list price ($2,480,000). This property may be overpriced.

Key pros and cons

Top Pros:
Premium Lot Size: The property boasts one of the largest lots in the community (9387 sqft), offering significantly more outdoor space and potential for customization compared to typical homes.
Top Cons:
Significant Overpricing Relative to Market Value: The current listing price of $2.48M is considerably higher than the estimated market value of $2.11M, suggesting a potential overvaluation that could deter buyers and prolong market time.

Compared to the nearby listings

Price:$2.48M vs avg $1.31M (+$1,170,000)94%
Size:2,992 sqft vs avg 2,130 sqft85%
Price/sqft:$829 vs avg $67588%

More Insights

Built in 2015 (10 years old).
Condition: This property, built in 2015, is only 9 years old and aligns perfectly with the 'Excellent' criteria for recent construction. It boasts a Toll Brothers build with an impressive $300k in upgrades and designer touches throughout. The kitchen features full-height cabinetry, high-end built-in stainless steel appliances (refrigerator, double oven, microwave), Caesarstone countertops, and a large island, all in pristine, modern condition. The luxurious master bathroom includes a dual-sink vanity, a 6' soaking tub, and a glass-enclosed shower, reflecting contemporary high-quality finishes. The home also incorporates modern amenities like solar energy, a Control4 smart home system, water softener, and dual heat/air thermostats. Flooring, lighting, and overall aesthetics are current and show no signs of wear or deferred maintenance, indicating a virtually new property meeting the highest quality standards.
Year Built
2015
Close
-
List price
$2.48M
Original List price
$2.68M
Price/Sqft
$829
HOA
$222
Days on market
-
Sold On
-
MLS number
OC24208417
Home ConditionExcellent
Features
Deck
Patio
View-

About this home

Welcome to the stunning Toll Brothers Ridgecrest Plan 1, located in the resort-style living community of Baker Ranch. This home boasts one of the LARGEST LOTS in the community, featuring 4 bedrooms (including a main floor bedroom) and 5 bathrooms. Experience designer touches throughout, including full-height kitchen cabinets and high-end appliances such as a built-in refrigerator, microwave, and oven. Enjoy the benefits of solar energy and a Control4 smart home system, complete with security cameras and an integrated sound system. The house is equipped with a water softener and direct drinking water system, as well as dual heat/air thermostats and contemporary crown molding. The extra-large driveway accommodates up to 4 cars, and you’re just a 3-minute walk from the community park, pool, clubhouse, and playground, with the dog park only 5 minutes away. As you enter, the front door opens to a welcoming foyer with picturesque views of the courtyard. The open great room features multi-panel stacking glass doors and an array of windows that provide access to the private inner courtyard and rear yard. The expansive kitchen includes a large center island with Caesarstone countertops, a cozy nook, a generous pantry, and a desirable drop zone. The dining room, highlighted by a tray ceiling, is flooded with natural light. Retreat to the magnificent master bedroom, which also features a tray ceiling. The luxurious master bath includes a dual-sink vanity, a 6' soaking tub, a glass-enclosed shower, and a spacious walk-in closet. An impressive loft/bonus room offers ample space for entertainment or a large home office. With a lot premium of $100k and $300k in upgrades, this home is a true gem. Plus, there are NO MELLO ROOS!

Nearby schools

8/10
Melinda Heights Elementary School
Public,K-63.9mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-85.8mi
8/10
Trabuco Hills High School
Public,9-122.2mi
Condition Rating
Excellent

This property, built in 2015, is only 9 years old and aligns perfectly with the 'Excellent' criteria for recent construction. It boasts a Toll Brothers build with an impressive $300k in upgrades and designer touches throughout. The kitchen features full-height cabinetry, high-end built-in stainless steel appliances (refrigerator, double oven, microwave), Caesarstone countertops, and a large island, all in pristine, modern condition. The luxurious master bathroom includes a dual-sink vanity, a 6' soaking tub, and a glass-enclosed shower, reflecting contemporary high-quality finishes. The home also incorporates modern amenities like solar energy, a Control4 smart home system, water softener, and dual heat/air thermostats. Flooring, lighting, and overall aesthetics are current and show no signs of wear or deferred maintenance, indicating a virtually new property meeting the highest quality standards.
Pros & Cons

Pros

Premium Lot Size: The property boasts one of the largest lots in the community (9387 sqft), offering significantly more outdoor space and potential for customization compared to typical homes.
Extensive High-End Upgrades & Smart Home Technology: Features $300k in upgrades, designer touches, full-height kitchen cabinets, high-end appliances, solar energy, and a Control4 smart home system, providing modern luxury and efficiency.
Resort-Style Community with Excellent Amenities: Located in the desirable Baker Ranch community, offering immediate walking access to a community park, pool, clubhouse, playground, and dog park, enhancing lifestyle appeal.
Financial Advantage: No Mello Roos: The absence of Mello Roos taxes is a significant financial benefit, reducing the ongoing cost of homeownership and making the property more attractive to potential buyers.
Modern Construction & Functional Layout: Built in 2015, the home offers a contemporary design with a desirable floor plan including a main-floor bedroom, an open great room with multi-panel stacking glass doors, and a versatile loft/bonus room.

Cons

Significant Overpricing Relative to Market Value: The current listing price of $2.48M is considerably higher than the estimated market value of $2.11M, suggesting a potential overvaluation that could deter buyers and prolong market time.
Lack of Desirable Views: The property description explicitly states 'view: None,' which may be a disadvantage for a luxury home in this price range, as many buyers seek scenic vistas or unique outlooks.
Extended Market Time and Price Reduction: Having been on the market since October 2024 with a $200k price reduction from its original list price ($2.68M), indicates market resistance and a potential struggle to find a buyer at the desired price point.

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