111 Edna Parkway, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 4 bath
ACTIVE$2,100,000
111 Edna Parkway, Lake Forest, California 92630
4Beds
4Baths
2,514Sqft
4,041Lot
Price Vs. Estimate
The estimated value ($2,026,416.92) is $73,583.08 (3%) lower than the list price ($2,100,000). This property may be overpriced.
Key pros and cons
Top Pros:
New Construction & Premium Builder: Built in 2022 by Toll Brothers, this home offers modern design, high-quality construction, and minimal immediate maintenance needs.
Top Cons:
Ongoing Association Fees: The monthly $270 association fee adds to the recurring cost of homeownership, which buyers must factor into their budget.
Compared to the nearby listings
Price:$2.10M vs avg $1.31M (+$790,000)89%
Size:2,514 sqft vs avg 2,130 sqft70%
Price/sqft:$835 vs avg $67589%
More Insights
Built in 2022 (3 years old).
Condition: This property was built in 2022, making it virtually brand new. The description highlights 'designer finishes' and a 'brand-new private pool,' while the images confirm a modern, high-end aesthetic throughout. The kitchen features contemporary white cabinetry, stainless steel appliances (including double ovens and a gas range), quartz countertops, a large island, and recessed lighting. Bathrooms are equally pristine with white vanities, quartz counters, modern fixtures, and glass-enclosed showers. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance, perfectly aligning with the 'excellent' condition criteria.
Year Built
2022
Close
-
List price
$2.1M
Original List price
$2.2M
Price/Sqft
$835
HOA
$270
Days on market
-
Sold On
-
MLS number
OC25139897
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood
Pool
Patio
ViewMountain(s), Neighborhood
About this home
Experience luxury living in this stunning 2022 Toll Brothers home on a rare oversized corner lot with NO MELLO-ROOS, PAID-OFF SOLAR, and a brand-new PRVATE POOL! Soaring ceilings, designer finishes, and a dramatic floor-to-ceiling fireplace highlight the open, light-filled layout. With 4 bedrooms and 4 full baths—including a convenient Downstairs Bedroom and Bathroom—this home blends elegance with function. Enjoy seamless indoor-outdoor living with a covered California room, lush landscaping, and resort-style amenities in The Meadows community. Close to top-rated schools, shopping, dining, and major freeways—this is luxury, comfort, and convenience all in one! Truly one-of-a-kind!
Condition Rating
Excellent
This property was built in 2022, making it virtually brand new. The description highlights 'designer finishes' and a 'brand-new private pool,' while the images confirm a modern, high-end aesthetic throughout. The kitchen features contemporary white cabinetry, stainless steel appliances (including double ovens and a gas range), quartz countertops, a large island, and recessed lighting. Bathrooms are equally pristine with white vanities, quartz counters, modern fixtures, and glass-enclosed showers. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance, perfectly aligning with the 'excellent' condition criteria.
Pros & Cons
Pros
New Construction & Premium Builder: Built in 2022 by Toll Brothers, this home offers modern design, high-quality construction, and minimal immediate maintenance needs.
Significant Cost Savings: The property benefits from no Mello-Roos taxes and paid-off solar panels, substantially reducing long-term ownership costs.
Exceptional Outdoor Amenities: Features a brand-new private pool, covered California room, and lush landscaping, ideal for luxury indoor-outdoor living.
Functional & Luxurious Interior: Offers a versatile 4-bedroom, 4-bathroom layout including a convenient downstairs bedroom/bath, soaring ceilings, and designer finishes.
Desirable Community & Location: Situated on an oversized corner lot within 'The Meadows' community, providing resort-style amenities and proximity to top-rated schools, shopping, and major freeways.
Cons
Ongoing Association Fees: The monthly $270 association fee adds to the recurring cost of homeownership, which buyers must factor into their budget.
Modest Lot Size for Price Point: Despite being an 'oversized corner lot,' the 4,041 sqft lot might be considered modest for a luxury home at this price point, potentially limiting expansive outdoor activities.
Recent Price Adjustments: Multiple price reductions and a current listing price slightly above the estimated value suggest potential market resistance or initial overpricing.