
Lake Forest, California 92610
This Stunning Former Model Home represents a Prime Investment Opportunity, listed at $1,599,900—positioned well below the $1,633,343 Fair Market Value by 2%. This valuation gap provides $33,443 in Instant Equity. Boasting an Excellent Condition Rating, this residence features a gourmet kitchen and a main-level bedroom. Located in the prestigious IronRidge community, it offers resort-style amenities and access to the Saddleback Valley Unified school district. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-end lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1164 Portola Oaks Dr Subject | $1,599,900* List Price | 4 | 4 | 2,713 | $602 | - |
A 1767 Canyon Oaks Sold | $1,810,000 | 4 | 5 | 2,890 | $626 | 0.2 mi |
B 1675 Sonora Creek Lane Active | $1,975,000 List Price | 5 | 5 | 3,151 | $627 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2017, this property is less than 10 years old and remains in mint condition. As a former model home, it features high-end designer upgrades, a gourmet kitchen with modern stainless steel appliances, contemporary bathrooms with floor-to-ceiling tile, and updated systems, requiring no maintenance.
As a former model home, this residence features premium designer upgrades and high-end finishes throughout, offering a level of sophistication and move-in readiness that exceeds standard builds.
The 2,713 sqft layout includes a highly sought-after main-level bedroom and full bathroom, providing excellent flexibility for guests, multi-generational living, or a home office.
Located in the prestigious gated community of Iron Ridge, residents enjoy exclusive access to luxury amenities including pools, parks, and scenic trails, all within a secure environment.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3204, living area = 2713.
With a lot size of only 3,204 sqft for a 2,713 sqft home, the outdoor space is relatively compact, which may limit private backyard activities or gardening opportunities.
The property record indicates no specific views, which may be a drawback for buyers seeking the hills or city light vistas often found in the Foothill Ranch area.
Former Model Home in the prestigious gated community of IronRidge! This stunning 4-bedroom, 4-bathroom residence has 2,713 sqft of thoughtfully designed living space on a 3,204 sqft lot. Featuring an open-concept floor plan, designer upgrades throughout, a gourmet kitchen with a large center island, and a desirable main-level bedroom and full bath. The spacious primary suite provides a luxurious retreat, while the private backyard is perfect for relaxing and entertaining. Enjoy resort-style community amenities including pools, parks, playgrounds, and scenic trails. Conveniently located near top-rated schools, shopping, dining, and the 241 Toll Road.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 2,713 | 2,240.102 |
| Lot Size | 3,204 | 5,415.915 |
| Price | $1.60M | $1.45M |
| Price per sq ft | $590 | $665 |
| Built year | 2017 | 1981 |
| HOA | $255.0 | $159 |
| Days on market | 8 | 47 |
Sep 1, 2026
$1,599,900
Initial Listing
Dec 27, 2019
$1,051,000
Public Record