151 Chaumont, Lake Forest, California 92610, Lake Forest, 92610 - 2 bed, 1 bath
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151 Chaumont
Lake Forest, California 92610
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
900Sq Ft
35,208Lot Size
Property Price
LIST PRICE$570,000
EST. MARKET VALUE
$523,755
8% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $570,000—positioned above the $522,678 Fair Market Value. While priced above the current estimate, the property features a rare 3.125% assumable loan, providing significant long-term interest savings. With a Fair Condition Rating, the home offers a private balcony with greenbelt views, a resort-style pool, and access to top-rated schools like Northwood High. This is an ideal acquisition for first-time buyers or owner-occupants prioritizing lifestyle and financing advantages over immediate equity.
Estimated Market Value
$523,755
Based on Realkey algorithm analyzing recent comparable sales in Lake Forest.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 151 Chaumont Subject | $570,000* List Price | 2 | 1 | 900 | $582 | - |
A 19431 Rue De Valore 37a Sold | $565,000 | 2 | 2 | 976 | $579 | 0.1 mi |
B 19431 57d Rue De Valore Sold | $599,000 | 2 | 2 | 1,060 | $565 | 0.1 mi |
C 16 Chaumont Circle Active | $625,000 List Price | 2 | 2 | 891 | $701 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1995 (29 years old), the property is well-maintained and 'turnkey' but features dated original finishes, specifically the oak cabinetry and white tile countertops in the kitchen. While the AC was recently replaced in 2022 and the unit is freshly painted, the age of the primary kitchen/bath surfaces exceeds 20 years without a full renovation, placing it in the Fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Favorable Financing
The property features a rare 3.125% assumable loan, offering significant monthly savings and a competitive edge in the current high-interest-rate market.
- Prime Interior Location
Situated on a quiet cul-de-sac with a private balcony overlooking a lush greenbelt, this upper-level unit provides exceptional privacy and tranquil views.
- Turnkey Condition
This well-maintained home is move-in ready, featuring fresh paint and a recently installed AC system (December 2022), ensuring immediate comfort for the new owner.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Access
With only one bathroom serving two bedrooms, the layout may be less convenient for roommates or small families compared to units with a second bath.
- High Association Fees
The monthly HOA fee of $521.64 is relatively high for a 900-square-foot unit, which may impact the overall debt-to-income ratio for some buyers.
About 151 Chaumont
Maybe not for long, but it's here, and with a starting price to sell! Feel at home in this highly desirable neighborhood in Foothill Ranch; as a bonus, this home is on a quiet and private interior cul-de-sac, away from entrances to the Salerno community. The spacious primary bedroom features dual closets and a seating area with just the right amount of natural light. Enjoy your AM coffee and PM drinks with a lush and tranquil greenbelt view from the generous private balcony of this upper level home; in addition to it being a great space for leisurely lounging, there's ample space for alfresco dining. Salerno enhances your lifestyle with amenities such as a resort-style pool and plenty of parking. Each home also features its own garage, and an in-home laundry closet adds to the convenience of daily living. You'll also have easy access to award winning schools and nearby amenities galore. Will sell fast so be sure to see this loved, well-cared for and freshly painted home soon; don't miss out on the smart choice for your new, turnkey home (with even more special features like a December 2022 newly installed AC, and a 3.125% assumable loan)
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1995
- Lot Size
- 35,208 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $521.64 / Month
Neighborhood Insights
Lake Forest Unified Schools
Foothill Ranch Elementary School
Grades K-6 • 0.5 mi
7/10
Portola Springs Elementary
Grades K-6 • 3.5 mi
9/10
Rancho Santa Margarita Intermediate School
Grades 7-8 • 4.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 1.0 | 2.0 |
| Square foot | 900 | 1,109.86 |
| Lot Size | 35,208 | 165,856.581 |
| Price | $570.0K | $663.6K |
| Price per sq ft | $633 | $603 |
| Built year | 1995 | 1987 |
| HOA | $521.64 | $485 |
| Days on market | 47 | 54 |
Pricing History
Listed for Sale
Jul 24, 2026
$570,000
Initial Listing
Sold
Dec 10, 2019
$378,000
Public Record
Sold
Dec 3, 2012
$220,000
Public Record
Sold
Jul 15, 2005
$390,000
Public Record
Sold
May 30, 2003
$247,000
Public Record
Sold
Jan 29, 2001
$160,000
Public Record
Sold
Jun 30, 1995
$97,500
Public Record