160 Royal, Lake Forest, California 92630, Lake Forest, 92630 - 5 bed, 6 bath

160 Royal, Lake Forest, California 92630 home-pic-0
ACTIVE UNDER CONTRACT$2,592,000
160 Royal, Lake Forest, California 92630
5Beds
6Baths
3,838Sqft
4,510Lot

Price Vs. Estimate

The estimated value ($2,715,275.635) is $123,275.635 (4%) higher than the list price ($2,592,000). This property may be underpriced.

Key pros and cons

Top Pros:
Brand New Construction & Luxury Upgrades: Built in 2023 by the award-winning Toll Brothers, this home boasts over $500K in luxurious upgrades, including glass handrails, premium hard flooring, a custom in-floor spa, and high-end Jenn-Air appliances.
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 = 4510, living area = 3838.

Compared to the nearby listings

Price:$2.59M vs avg $1.31M (+$1,282,000)97%
Size:3,838 sqft vs avg 2,130 sqft99%
Price/sqft:$675 vs avg $67551%

More Insights

Built in 2023 (2 years old).
Condition: This property is a brand-new construction built in 2023 by Toll Brothers, featuring over $500K in luxurious upgrades. The kitchen boasts high-end Jenn-Air stainless steel appliances, dark blue shaker-style cabinets extending to the ceiling, and granite countertops, all in pristine, modern condition. Bathrooms are equally luxurious with soaking tubs, frameless glass showers, and contemporary vanities. The entire home showcases new hard flooring, glass handrails, modern light fixtures, and is in virtually new condition with no deferred maintenance, perfectly aligning with 'excellent' quality standards.
Year Built
2023
Close
-
List price
$2.59M
Original List price
$2.59M
Price/Sqft
$675
HOA
$250
Days on market
-
Sold On
-
MLS number
OC25238543
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Trees/Woods
Spa
Patio
ViewPark/Greenbelt, Trees/Woods

About this home

NO MELLO ROOS TAX! OVER $500K IN UPGRADES! Welcome to 160 Royal, a stunning Rosewood Plan New-Build home by the Award-Winning Toll Brothers just steps away from the clubhouse. Enjoy numerous luxurious upgrades; glass handrails that line the grand wood staircase and extends past to the loft, $25K in hard flooring, custom in-floor spa, and sleek glass garage door. Located in a premium location next to the park and Clubhouse, this 5-Bedroom, 5.5-Bathroom home is part of the Evergreens Neighborhood in the Meadows, featuring the biggest floor plan in the track. Built for natural light, grand ceilings and abundant windows gives the living areas a bright, inviting feel that flows throughout the open-concept home. Panoramic multi-slide glass doors line the Great Room wall, inviting abundant sunlight and seamless views of the backyard. A ground-floor guest suite near the entrance offers comfort and privacy. The Great Room opens up to the kitchen, showcasing stainless-steel built-in Jenn-Air appliances, and an oversized central island. Dark blue shaker-style cabinets extends to the ceiling, and Granite countertops complete the space. The primary suite features a luxurious bath equipped with a soaking tub, dual vanities, and sleek frameless-glass walk in shower. Past the bathroom is a light-filled, spacious walk-in closet. The upstairs loft and additional ground floor flex space offers endless possibilities for a home office, gym, or creative studio. Enjoy a brand-new community with 7 nearby parks, 10 acres of dedicated open spaces and trails system, and resort-style amenities featuring a recreation center, two pools, spas, covered cabanas, and numerous sport courts. Located less than a mile from major retailers, such as Home Depot, Target, Michaels & more, multiple dining options, and just minutes from the Irvine Spectrum Center.

Condition Rating
Excellent

This property is a brand-new construction built in 2023 by Toll Brothers, featuring over $500K in luxurious upgrades. The kitchen boasts high-end Jenn-Air stainless steel appliances, dark blue shaker-style cabinets extending to the ceiling, and granite countertops, all in pristine, modern condition. Bathrooms are equally luxurious with soaking tubs, frameless glass showers, and contemporary vanities. The entire home showcases new hard flooring, glass handrails, modern light fixtures, and is in virtually new condition with no deferred maintenance, perfectly aligning with 'excellent' quality standards.
Pros & Cons

Pros

Brand New Construction & Luxury Upgrades: Built in 2023 by the award-winning Toll Brothers, this home boasts over $500K in luxurious upgrades, including glass handrails, premium hard flooring, a custom in-floor spa, and high-end Jenn-Air appliances.
Premium Location & Extensive Community Amenities: Strategically located steps from the clubhouse and adjacent to a park, the property benefits from a brand-new community offering 7 parks, trails, a recreation center, two pools, spas, and various sport courts.
No Mello Roos Tax: The absence of Mello Roos tax provides a significant financial advantage, reducing the overall ongoing cost of homeownership.
Spacious & Versatile Floor Plan: As the largest floor plan in the tract (3838 sqft, 5 beds, 6 baths), it features grand ceilings, abundant natural light, an open-concept design, a convenient ground-floor guest suite, and flexible loft/flex spaces.
Excellent Retail & Dining Proximity: The property offers unparalleled convenience, located less than a mile from major retailers (Home Depot, Target) and just minutes from the Irvine Spectrum Center.

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 = 4510, living area = 3838.
Ongoing Association Fees: The $250 monthly association fee, while providing access to extensive amenities, represents a recurring cost that buyers must budget for.
Modest Lot Size: With a lot size of 4510 sqft for a nearly 3838 sqft home, the private outdoor space is relatively modest, potentially limiting extensive landscaping or large private recreational areas.
Potential for Noise from Amenities: Its prime location 'steps away from the clubhouse' and 'next to the park' could lead to increased noise or foot traffic, depending on the usage patterns of these community facilities.

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