16 Balustrade, Lake Forest, California 92610, Lake Forest, 92610 - 4 bed, 3 bath
16 Balustrade
Lake Forest, California 92610
Property Price
SUMMARY
Analysis of 16 Balustrade, Lake Forest, California 92610 reveals a property with a current list price of $1,225,000, which is 6% above the estimated $1,148,923 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Forest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 16 Balustrade Subject | $1,225,000* List Price | 4 | 3 | 1,663 | $691 | - |
A 8 Massier Lane Sold | $1,048,400 | 3 | 3 | 1,517 | $691 | 0.4 mi |
B 67 Blazewood Sold | $1,285,000 | 4 | 3 | 2,083 | $617 | 1.0 mi |
C 28 Bonita Vista Sold | $1,335,000 | 4 | 3 | 2,118 | $630 | 1.0 mi |
D 15 Tavella Sold | $1,143,500 | 3 | 3 | 1,985 | $576 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
This 1997-built property is in move-in ready, turnkey condition. It has undergone significant aesthetic updates that exceed its original construction standards, including the installation of engineered wood flooring, a modernized kitchen with white cabinetry and stainless steel appliances, and updated bathrooms featuring contemporary vanities and tile work. While the home is nearly 30 years old, the well-maintained systems, updated light fixtures, and the addition of solar power align with the 'good' criteria, as it requires no immediate renovation despite not being a brand-new or fully gutted recent remodel.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
- Exceptional Views
The property boasts stunning sunset and mountain views from the primary suite, the backyard patio, and a secondary bedroom's private walk-out balcony, significantly enhancing its aesthetic value.
- Energy Efficiency
The inclusion of a solar power system provides a major financial advantage, offering homeowners substantial annual savings on utility costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Limited Lot Size
The 3,050 square foot lot is relatively compact for a single-family residence, which may restrict outdoor activities and limit privacy between neighboring homes.
- High Density Living
With four bedrooms packed into under 1,700 square feet, individual room sizes may feel small, potentially challenging buyers looking for more expansive interior living areas.
About 16 Balustrade
Welcome to 16 Balustrade, nestled in the highly sought-after Hillside community of Foothill Ranch. Situated on a quiet cul-de-sac street, this charming 4-bedroom, 3-bath VIEW home offers the perfect blend of comfort, style, and location. Step inside to soaring ceilings that create a light and airy ambiance and beautiful engineered wood flooring that flows seamlessly throughout the home. The formal living room is currently styled as a home office, offering flexible space to suit today’s lifestyle. The bright and inviting kitchen features crisp white cabinetry, stainless steel appliances, and an adjacent dining area that opens to the spacious family room, highlighted by a cozy fireplace — perfect for everyday living and entertaining alike. Step outside to the covered patio, where you can unwind in a peaceful setting while enjoying breathtaking sunset and mountain views — an ideal backdrop for outdoor dining and evening relaxation. A private downstairs bedroom with its own bath and walk-in shower provides the perfect retreat for guests or extended family. Upstairs, the primary suite captures sweeping mountain views and offers a beautifully appointed bath with dark cabinetry, walk-in shower, and generous walk-in closet. Two additional secondary bedrooms provide ample space, including one with its own private walk-out patio showcasing stunning panoramic views. Save thousands a year with Solar power! Residents of Foothill Ranch enjoy resort-style amenities including a community pool, spa, clubhouse, multiple parks, sports courts, tennis courts, and library. Outdoor enthusiasts will appreciate direct access to scenic hiking and biking trails in nearby Whiting Ranch. Award-winning schools are within walking distance, and you’re just minutes from shopping, dining, and convenient toll road access. This turnkey home offers exceptional value in one of Foothill Ranch’s most desirable communities — and it won’t last long.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1997
- Lot Size
- 3,050 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $110.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Foothill Ranch Elementary School
Grades K-6 • 0.6 mi
Portola Springs Elementary
Grades K-6 • 3.7 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 4.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,663 | 2,107.5 | 28% |
| Lot Size | 3,050 | 4,042 | 6% |
| Price | $1.23M | $1.32M | 33% |
| Price per sq ft | $737 | $632 | 83% |
| Built year | 1997 | 1995 | 81% |
| HOA | $110.0 | $110 | 50% |
| Days on market | 3 | 191 | 3% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,225,000
Initial Listing
Sold
Mar 18, 2016
$630,000
Public Record
Sold
Oct 1, 2009
$527,000
Public Record
Sold
Feb 6, 2002
$362,000
Public Record
Sold
Aug 4, 1997
$207,000
Public Record