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115 Primrose, Lake Forest, California 92610, Lake Forest, 92610 - 4 bed, 4 bath

115 Primrose, Lake Forest, California 92610 home-pic-0
ACTIVE$1,580,800$2,414/sqft
Est. Value: $1,258,195
-20%
AboveEstimate
115 Primrose, Lake Forest, California 92610
4Beds
4Baths
2,414Sqft
3,025Lot

Price Vs. Estimate

The estimated value ($1,258,194.9) is $322,605.1 (20%) lower than the list price ($1,580,800). This property may be overpriced.

Key pros and cons

Top Pros:
No Mello Roos & Gated Community: The property is located in a private, gated community with the significant financial benefit of no Mello Roos taxes, offering enhanced security and peace of mind.
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 = 3025, living area = 2414.

Compared to the nearby listings

Price:$1.58M vs avg $1.41M (+$167,800)69%
Size:2,414 sqft vs avg 2,231 sqft56%
Price/sqft:$655 vs avg $62772%

More Insights

Built in 2016 (10 years old).
Condition: This property, built in 2016, is only 8 years old and presents as virtually new. The description highlights extensive modern luxury upgrades including designer paint, upgraded hardwood and carpet flooring, elegant chandeliers, and recessed lighting. The gourmet kitchen features quartz countertops and premium stainless steel appliances, all appearing in excellent, modern condition in the images. Bathrooms are spa-like with luxurious soaking tubs, walk-in showers, dual vanities, and contemporary tile work. The overall aesthetic is current, high-end, and meticulously maintained, with no signs of deferred maintenance or significant wear and tear. All major systems and finishes meet current quality standards.
Year Built
2016
Close
-
List price
$1.58M
Original List price
$159K
Price/Sqft
$655
HOA
$284
Days on market
-
Sold On
-
MLS number
NP26010961
Home ConditionExcellent
Features
Good View: Pool
Patio
ViewPool

About this home

Stunning Luxury Home in the Gated No Mello Roos Community of Camden Square! Welcome to this breathtaking Residence 3, the largest and most sought-after floor plan in Camden Square. Offering an exceptional blend of modern luxury, thoughtful design, and resort-style community living, this immaculate 4-bedroom, 3.5-bath home is the perfect retreat for both relaxation and entertaining. Step inside to discover designer paint, elegant chandeliers, upgraded carpets and hardwood flooring, recessed lighting, and an inviting floor plan that flows effortlessly from room to room. The spacious family room features a striking natural stone accent wall, creating a dramatic focal point that is sure to impress your guests. From either the kitchen slider or living room slider, step out to your private outdoor sanctuary: a beautifully designed patio with modern up-lighting embedded in the pavers, a cozy fire pit, and LED Edison bulb string lighting that sets the mood for unforgettable gatherings under the stars. The heart of the home is the gourmet kitchen, boasting quartz countertops, premium appliances, and effortless access to the patio, making indoor-outdoor living a breeze. Upstairs, the huge primary suite feels like your own private spa. Enjoy a luxurious soaking tub, a walk-in shower, and an expansive walk-in closet designed to accommodate even the most discerning wardrobe. Additional highlights are the downstairs full bed and bath and the loft area, perfect for relaxation or entertaining. The home’s meticulously upgraded garage is a rare find, featuring epoxy flooring, built-in cabinets, overhead storage racks, slat wall panels, a dedicated storage cubby with freezer. Every appliance is included for a true turnkey experience: washer, dryer, new French-door refrigerator, wine refrigerator, garage freezer, and even the stylish patio furniture. Located in the private, gated community of Camden Square, residents enjoy peace of mind along with access to incredible amenities including a resort-style pool, spa, BBQ area, outdoor fireplace, and playground. The community is peaceful and quiet. This prime location offers unbeatable walkability just steps to great restaurants, shopping, the farmer’s market, parks, and the Lake Forest Sports Park. Freeways and toll roads are conveniently close, making commutes effortless. This exceptional home combines luxury, comfort, and convenience in one of the area’s most desirable gated communities. A rare opportunity not to be missed!

K
Kenneth Harter
Listing Agent

Price History

Date
Event
Price
12/08/21
Sold
$1,225,000
09/23/16
Sold
$764,500
Condition Rating
Excellent
This property, built in 2016, is only 8 years old and presents as virtually new. The description highlights extensive modern luxury upgrades including designer paint, upgraded hardwood and carpet flooring, elegant chandeliers, and recessed lighting. The gourmet kitchen features quartz countertops and premium stainless steel appliances, all appearing in excellent, modern condition in the images. Bathrooms are spa-like with luxurious soaking tubs, walk-in showers, dual vanities, and contemporary tile work. The overall aesthetic is current, high-end, and meticulously maintained, with no signs of deferred maintenance or significant wear and tear. All major systems and finishes meet current quality standards.
Pros & Cons

Pros

No Mello Roos & Gated Community: The property is located in a private, gated community with the significant financial benefit of no Mello Roos taxes, offering enhanced security and peace of mind.
Modern Luxury & High-End Upgrades: Features designer paint, elegant chandeliers, upgraded flooring, recessed lighting, a striking natural stone accent wall, and a gourmet kitchen with quartz countertops and premium appliances.
Turnkey & Highly Functional Spaces: Includes all major appliances (washer, dryer, refrigerator, wine fridge, garage freezer) and boasts a meticulously upgraded garage with epoxy flooring, built-ins, and storage, providing a true turnkey experience.
Resort-Style Community Amenities: Residents enjoy access to incredible amenities such as a resort-style pool, spa, BBQ area, outdoor fireplace, and playground, fostering a vibrant community lifestyle.
Prime Location & Walkability: Offers unbeatable walkability to restaurants, shopping, farmer’s market, parks, and the Lake Forest Sports Park, with convenient access to freeways and toll roads for effortless commutes.

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 = 3025, living area = 2414.
Limited Private Outdoor Space: The lot size of 3025 sqft is relatively small for a single-family residence, primarily offering a patio rather than an expansive private yard.
Ongoing HOA Fees: A monthly association fee of $284 is an additional recurring cost that buyers must factor into their budget, despite the included amenities.
Proximity to Neighbors: As part of a dense community, the property likely has close proximity to neighboring homes, which may offer less privacy compared to a traditional detached home on a larger, more secluded lot.
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