
Lake Forest, California 92610
This Modern Luxury Residence is a Prime Investment Opportunity listed at $1,975,000—positioned well below the $2,058,735 Fair Market Value by 4%. This valuation gap offers $83,735 in Instant Equity for a home in Excellent Condition. Built in 2018, the property features a gourmet kitchen, paid-off solar, and a main-level bedroom suite within the gated Iron Ridge community. With no Mello-Roos and access to the Saddleback Valley Unified district, this turnkey asset is ideal for luxury-seeking families or multi-generational households.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1999 Aliso Peak Subject | $1,925,000* List Price | 5 | 5 | 3,414 | $579 | - |
A 2218 Arroyo Trabuco Sold | $1,660,000 | 5 | 4 | 2,661 | $624 | 0.2 mi |
B 1865 Aliso Canyon Drive Sold | $1,656,000 | 4 | 3 | 2,554 | $648 | 0.2 mi |
C 1841 Aliso Canyon Drive Sold | $1,680,000 | 4 | 3 | 2,554 | $658 | 0.2 mi |
D 1281 Viejo Hills Drive Sold | $1,385,000 | 4 | 3 | 2,115 | $655 | 0.2 mi |
E 1186 Viejo Hills Dr Active | $2,499,000 List Price | 5 | 6 | 3,638 | $687 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. The home is in immaculate condition with modern, high-end features including a gourmet kitchen with white maple cabinetry and marble backsplash, engineered hardwood flooring, and plantation shutters. All components, including the stainless steel appliances and bathrooms, appear virtually new with no visible wear or deferred maintenance.
The property offers exceptional value with no Mello-Roos and fully paid-off solar panels, significantly reducing monthly carrying costs compared to other modern developments in the area.
Built in 2018, this home features a desirable open-concept design including a main-level bedroom and full bathroom, ideal for guests or multi-generational living arrangements.
The residence is move-in ready with high-end finishes such as engineered hardwood flooring, plantation shutters, and a gourmet kitchen featuring white maple cabinetry and marble backsplashes.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4546, living area = 3414.
With a 3,414 square foot home situated on a 4,546 square foot lot, the outdoor yard space is relatively compact, which may be a drawback for buyers seeking large private gardens.
Despite its location within the hills of Lake Forest, the property is listed as having no specific views, which may impact its competitive appeal compared to neighboring homes with hillside vistas.
Welcome home to 1999 Aliso Peak Way, located in the gated community of Iron Ridge in the hills of Lake Forest. This beautiful residence offers 5 spacious bedrooms, 4.5 bathrooms, and approximately 3,414 square feet of living space with no Mello-Roos and fully paid off Solar Panels! Step inside to an open-concept floor plan in immaculate condition. The gourmet kitchen features white maple cabinetry with pull-outs, a marble backsplash, stainless steel appliances, and a generously sized island. The living area, complete with a fireplace, opens seamlessly to the enclosed California room through a large glass slider, creating effortless indoor-outdoor living with views of the private backyard and lush landscaping. A full bedroom and bathroom on the main level are ideal for multi-generational living or guest accommodations. Upstairs, you’ll find a versatile loft, a laundry room with ample storage and a utility sink, and three additional bedrooms. Retreat to the spacious primary suite, featuring a walk-in closet, dual vanities, a walk-in shower, and a separate soaking tub. Additional upgrades include pull out drawers throughout, engineered hardwood flooring on the main level and plantation shutters throughout. Enjoy being within walking distance to the community pool and resort-style amenities, including a clubhouse, playgrounds, BBQ areas, dog park, and scenic hiking trails. Conveniently located near the 241 and 133 toll roads for easy access. Don’t miss this incredible opportunity. This home won’t last!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 77% |
| Baths | 5.0 | 3.0 | 93% |
| Square foot | 3,414 | 2,155 | 93% |
| Lot Size | 4,546 | 4,610.5 | 47% |
| Price | $1.93M | $1.39M | 97% |
| Price per sq ft | $564 | $632 | 17% |
| Built year | 2018 | 1995 | 87% |
| HOA | $202.0 | $110 | 93% |
| Days on market | 23 | 211 | 3% |
Apr 21, 2026
$1,925,000
$1,975,000
-3% Price Drop
Initial Listing
Mar 30, 2026
$1,975,000
Initial Listing
May 13, 2019
$1,080,000
Public Record