20 Forster, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 3 bath
Loading property details...
20 Forster
Lake Forest, California 92630
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
2,501Sq Ft
3,897Lot Size
Property Price
LIST PRICE$1,700,000
EST. MARKET VALUE
$1,776,473
4% BelowMARKET VALUE
SUMMARY
This Modern Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,700,000—positioned well below the $1,776,474 Fair Market Value by 4%. This valuation gap provides $76,474 in Instant Equity. Boasting a Mint Condition Rating, the 2016-built home features a tranquil greenbelt view, a private balcony, and a flexible floor plan. Located in the Saddleback Valley Unified district with top-rated schools, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-value asset.
Estimated Market Value
$1,776,473+$76,473 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 20 Forster Subject | $1,700,000* List Price | 3 | 3 | 2,501 | $710 | - |
A 22 Lark Sold | $1,700,000 | 5 | 4 | 2,547 | $667 | 0.1 mi |
B 10 Wild Rose Sold | $1,625,000 | 4 | 3 | 2,185 | $744 | 0.2 mi |
C 25 Umbria Sold | $1,580,000 | 4 | 3 | 2,121 | $745 | 0.3 mi |
D 26 Morning Glory Sold | $1,585,000 | 3 | 4 | 2,252 | $704 | 0.4 mi |
E 36 Torosa Sold | $1,683,000 | 4 | 3 | 2,507 | $671 | 0.3 mi |
F 35 Lantana Sold | $1,575,000 | 4 | 3 | 2,238 | $704 | 0.3 mi |
G 63 Berna Sold | $1,925,000 | 5 | 4 | 2,547 | $756 | 0.1 mi |
H 32 Lark Sold | $2,080,000 | 5 | 4 | 2,697 | $771 | 0.1 mi |
I 40 Forster Active | $1,850,000 List Price | 5 | 4 | 2,547 | $726 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2016, this 10-year-old home is in mint condition with high-end modern finishes. The kitchen features premium stainless steel appliances and white cabinetry, bathrooms are contemporary and well-maintained, and the systems are modern, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Immediate Equity
Listed at $1,700,000 despite a recent appraisal of $1,850,000, this property offers buyers a rare opportunity for substantial instant equity in a competitive market.
- Modern Flexible Floor Plan
Built in 2016, the 2,500-square-foot layout includes a versatile downstairs den and a large upstairs loft, perfectly accommodating work-from-home needs or multi-generational living.
- Premium Lot and Financials
The home is situated on a tranquil greenbelt and features high-end backyard hardscaping, all while benefiting from the absence of Mello-Roos assessments, which lowers the total cost of ownership.
CONSRISKS & DEFICIENCIES
- 1031 Exchange Contingency
The sale is contingent upon the seller successfully closing a 1031 exchange, which could introduce potential timing risks or complexities for the buyer's move-in schedule.
- Limited Bedroom Count
For a home of 2,500 square feet at this price point, having only three bedrooms may be a drawback for larger families who prioritize a higher number of private sleeping areas.
About 20 Forster
MOTIVATED… Seller ALREADY FOUND REPLACEMENT PROPERTY!!! Previously Appraised at $1,850,000 as of [07/11/2026]. Welcome to 20 Forster in the Baker Ranch Community, listed below recent appraised value this beautifully appointed residence offers approximately 2,500 square feet of thoughtfully designed living space in one of Lake Forest’s most desirable neighborhoods. Perfectly positioned overlooking a tranquil greenbelt, this exceptional home combines elegant interior spaces with resort-inspired outdoor living. Featuring 3 spacious bedrooms, 3 full bathrooms, a versatile downstairs den, and an expansive upstairs loft, the flexible floor plan is ideal for today’s lifestyle—whether working from home, entertaining guests, or accommodating multigenerational living. The private backyard has been thoughtfully hardscaped to create a true outdoor retreat, complete with a covered tiled patio, custom seat wall, built-in water feature, and beautifully designed entertaining spaces perfect for year-round Southern California living. The luxurious primary suite offers its own private escape with a covered balcony overlooking the greenbelt and a built-in fireplace. NO MELLO-ROOS. The Property is contingent upon sellers finding a replacement property for 1031 exchange. Property has already been located.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2016
- Lot Size
- 3,897 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $212.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Melinda Heights Elementary School
Grades K-6 • 3.7 mi
8/10
Rancho Santa Margarita Intermediate School
Grades 7-8 • 5.5 mi
7/10
Trabuco Hills High School
Grades 9-12 • 2.1 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,501 | 2,240.102 |
| Lot Size | 3,897 | 5,415.915 |
| Price | $1.70M | $1.45M |
| Price per sq ft | $680 | $665 |
| Built year | 2016 | 1981 |
| HOA | $212.0 | $159 |
| Days on market | 48 | 47 |
Pricing History
Listed for Sale
Aug 22, 2026
$1,700,000
$1,789,888
-5% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$1,789,888
Initial Listing
Sold
Aug 25, 2016
$1,134,500
Public Record