118 High Meadow, Lake Forest, California 92610, Lake Forest, 92610 - 4 bed, 4 bath
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Lake Forest, California 92610
This Modern Tri-Level Residence is a Strong Value Opportunity, listed at $1,148,000—positioned well below the $1,247,028 Fair Market Value by 7%. This valuation gap provides $99,028 in Instant Equity. Boasting an Excellent Condition Rating, the 2019-built home features a chef’s kitchen and a versatile third-level living area with a private kitchenette. Located in the gated Iron Ridge community within the Saddleback Valley Unified district, it offers resort-style amenities and modern luxury. This is an ideal match for Owner-Occupants or multi-generational families seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 118 High Meadow Subject | $1,125,000* List Price | 4 | 4 | 2,322 | $494 | - |
A 506 Deeann Sold | $965,000 | 3 | 4 | 1,761 | $548 | 0.0 mi |
B 201 Mountain Sage Sold | $1,095,000 | 4 | 4 | 2,152 | $509 | 0.1 mi |
C 104 Alder Ridge Sold | $1,120,000 | 4 | 4 | 2,343 | $478 | 0.1 mi |
D 406 Coyote Pass Sold | $1,120,000 | 4 | 4 | 2,402 | $466 | 0.1 mi |
E 901 Sunset Rdg Sold | $855,000 | 2 | 3 | 1,453 | $588 | 0.0 mi |
F 601 Shadowbrook Sold | $1,175,000 | 4 | 4 | 2,152 | $546 | - |
G 404 Echo Blue Active | $959,000 List Price | 3 | 4 | 1,761 | $545 | 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 only 5 years old, placing it well within the 'Excellent' category. The home features a modern chef's kitchen with high-end shaker cabinetry and fireclay sink, upgraded bathrooms with glass enclosures, and nearly new HVAC/plumbing systems that require no maintenance.
Built in 2019, this home features premium finishes including a chef’s kitchen with shaker cabinetry, fireclay apron-front sink, and upgraded plumbing and lighting throughout, ensuring a move-in-ready experience.
The unique floor plan includes a third-level living area equipped with a kitchenette and bar, offering exceptional flexibility for a home office, guest suite, or dedicated entertainment space.
Located in the exclusive Iron Ridge community, residents benefit from high-end amenities including a pool, spa, parks, and trails, providing a secure and active lifestyle in Portola Hills.
The tri-level design necessitates frequent use of stairs, which may be a significant drawback for buyers with mobility concerns or those seeking a more traditional single-level flow.
Despite its location in the scenic Portola Hills area, this specific unit is noted as having no view, which may limit its competitive appeal compared to neighboring properties with mountain or city light vistas.
Welcome to this stunning tri-level residence in the gated community of Iron Ridge in Portola Hills, offering approx. 2,346 sq ft of living space plus a 2 car garage. This beautifully upgraded Plan 6 home features 4 bedrooms, 3.5 baths, and a versatile third-level living area with an optional bar/kitchenette, undercounter refrigerator, sink, cabinetry, and counter space. The chef’s kitchen offers stacked upper cabinets, rollouts, soft-close dovetail drawers, white shaker cabinetry, upgraded Kohler faucet, and an Artisan fireclay apron-front sink. The open-concept main level includes built-ins, upgraded recessed lighting, and a stylish open-rail staircase with wrought iron balusters. Additional upgrades include whole-house upgraded plumbing fixtures, upgraded bath accessories, framed mirrors, master shower glass enclosure, black interior door hardware, garage epoxy flooring, keyless garage entry, flat-screen TV prewires, upgraded lighting, and Pure White interior paint. The second level offers convenient laundry with upper cabinets, linen uppers, spacious bedrooms, and a beautiful primary suite with walk-in closet. Community amenities include resort-style pool, spa, parks, trails, playgrounds, and access to scenic Portola Hills living near shopping, dining, schools, and outdoor recreation.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.5 | 75% |
| Baths | 4.0 | 3.0 | 69% |
| Square foot | 2,322 | 1,278 | 88% |
| Lot Size | 611,236 | 591,726 | 56% |
| Price | $1.12M | $842.5K | 88% |
| Price per sq ft | $484 | $589 | 13% |
| Built year | 2019 | 2017 | 50% |
| HOA | $411.5 | $377 | 56% |
| Days on market | 0 | 124 | 13% |
May 29, 2026
$1,125,000
$1,148,000
-2% Price Drop
Initial Listing
Apr 29, 2026
$1,148,000
Initial Listing
Dec 19, 2019
$850,500
Public Record