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131 Bear Leaf Drive, Lake Forest, California 92630, Lake Forest, 92630 - 5 bed, 5 bath

131 Bear Leaf Drive, Lake Forest, California 92630 home-pic-0
ACTIVE$2,288,000
131 Bear Leaf Drive, Lake Forest, California 92630
5Beds
5Baths
2,960Sqft
3,953Lot

Price Vs. Estimate

The estimated value ($2,235,333.555) is $52,666.445 (2%) lower than the list price ($2,288,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Turnkey: A 1-year-new Toll Brothers home, built in 2024, offering a pristine, turnkey condition for immediate occupancy without the need for renovations.
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 = 3953, living area = 2960.

Compared to the nearby listings

Price:$2.29M vs avg $1.31M (+$978,000)92%
Size:2,960 sqft vs avg 2,130 sqft84%
Price/sqft:$773 vs avg $67577%

More Insights

Built in 2024 (1 years old).
Condition: This property is a 1-year-new Toll Brothers home, built in 2024, and is described as being in 'Turnkey, Like-New condition.' The kitchen is a gourmet chef’s dream with premium JennAir stainless steel appliances, custom ceiling-height cabinetry, and a large center island, all appearing pristine and modern in the images. Bathrooms feature spa-like amenities, including a soaking tub and free-standing shower, with modern vanities. Throughout the home, the flooring, light fixtures (recessed and modern pendants), and overall finishes are contemporary and of high quality, consistent with new construction. Energy-efficient upgrades like solar panels and a tankless water heater further enhance its excellent condition.
Year Built
2024
Close
-
List price
$2.29M
Original List price
$2.37M
Price/Sqft
$773
HOA
$250
Days on market
-
Sold On
-
MLS number
SR25184316
Home ConditionExcellent
Features
Good View: Mountain(s), Trees/Woods
Patio
ViewMountain(s), Trees/Woods

About this home

PRICE IMPROVEMENT!!! Discover luxury living in this 1-year-new Toll Brothers home with Stunning Mountain Views in the esteemed Magnolias at The Meadows! This home offers 5 bedrooms, each with its bath. Upon entering, a dramatic two-story foyer welcomes you with an abundance of natural light streaming in. This grand entrance seamlessly leads you into the open-concept great room. It combines the kitchen, dining, and living areas into one spacious room and is also enhanced by 2 expansive sliding glass doors filling the home with natural light and providing effortless access to the tranquil backyard, which is highly desirable for entertaining. This beautifully designed home features high ceilings and an upgraded gourmet chef’s kitchen equipped with premium JennAir stainless steel appliances including a built-in fridge and 6-burner cooktop, custom ceiling-height extended cabinetry, a large center island, surround sound. Energy-efficient upgrades include Fully Paid solar panels, tankless water heater and enhanced insulation. The main floor includes a guest bedroom with a full bath, perfect for visitors or multi-generational living. Upstairs, the large primary suite has extend retreat room, spa-like soaking tub, free stand shower, double vanities and walk-in closet. Three additional bedrooms, each with its own ensuite bath, a laundry room and a versatile loft with mountain view complete the second floor. Outside the kitchen, a California Room and beautifully professionally landscaped yard with privacy trees & natural stone accents. Additional highlights include Water Purifier, Water Softener, 2 extra parking spaces on the drive way. This home sits on the best location on a quiet street and only 2-mintue walking to the Club House. Enjoy the luxury resort-style amenities include a large recreation center, two pools, two spas, parks, outdoor kitchen, BBQ areas, private office/meeting area and sports fields. No Mello-Roos tax and low HOA fees. Highly-regarded Saddleback Valley Unified School District and close to prestigious private school. Conveniently located near freeways, hiking trails, shopping center, fitness Center and dining options. Don’t miss this rare opportunity to own a Turnkey, Like-New condition dream home in this prime location!

Condition Rating
Excellent
This property is a 1-year-new Toll Brothers home, built in 2024, and is described as being in 'Turnkey, Like-New condition.' The kitchen is a gourmet chef’s dream with premium JennAir stainless steel appliances, custom ceiling-height cabinetry, and a large center island, all appearing pristine and modern in the images. Bathrooms feature spa-like amenities, including a soaking tub and free-standing shower, with modern vanities. Throughout the home, the flooring, light fixtures (recessed and modern pendants), and overall finishes are contemporary and of high quality, consistent with new construction. Energy-efficient upgrades like solar panels and a tankless water heater further enhance its excellent condition.
Pros & Cons

Pros

New Construction & Turnkey: A 1-year-new Toll Brothers home, built in 2024, offering a pristine, turnkey condition for immediate occupancy without the need for renovations.
Luxury Features & Upgrades: Equipped with a gourmet chef’s kitchen featuring premium JennAir appliances, custom cabinetry, surround sound, water purifier, and water softener, reflecting high-end finishes throughout.
Exceptional Community Amenities: Access to luxury resort-style amenities including two pools, spas, parks, outdoor kitchen, BBQ areas, and sports fields, all within a convenient 2-minute walk to the Clubhouse.
Financial & Energy Efficiency: Benefits from no Mello-Roos tax, low HOA fees, and significant energy savings with fully paid solar panels, a tankless water heater, and enhanced insulation.
Spacious & Functional Layout: Features 5 bedrooms, each with its own ensuite bath, a dramatic two-story foyer, open-concept living, a main floor guest suite, and a primary suite with an extended retreat and spa-like bath.

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 = 3953, living area = 2960.
Modest Lot Size: The lot size of 3,953 sqft is relatively modest for a luxury 5-bedroom home, potentially limiting extensive private outdoor living space.
High Price Point: With a list price of $2.288 million, the property targets a niche luxury market, which may result in a smaller pool of potential buyers and longer market time.
Reliance on HOA for Amenities: While amenities are extensive, reliance on HOA-managed facilities means less private control over recreational spaces and ongoing HOA fees, despite being described as 'low'.

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