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20361 Adkinson Lane, Trabuco Canyon, California 92679, Trabuco Canyon, 92679 - 4 bed, 3 bath

20361 Adkinson Lane, Trabuco Canyon, California 92679 home-pic-0
ACTIVE$1,499,000
20361 Adkinson Lane, Trabuco Canyon, California 92679
4Beds
3Baths
1,888Sqft
18,000Lot
Year Built
1965
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$794
HOA
-
Days on market
-
Sold On
-
MLS number
OC25179453
Home ConditionGood
Features
Good View: Canyon, Hills, Mountain(s), Trees/Woods
Deck
Patio
ViewCanyon, Hills, Mountain(s), Trees/Woods

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,6 Pros. Rank: price - $1.50M(38th), sqft - 1888(14th), beds - 4(50th), baths - 3(50th).

MORE FOR YOUR MONEY HERE! Beautiful 18,000+ sq ft Horse Property in Orange County on three lots! MAIN HOUSE with 3 Bedroom 2 bath and GUEST HOUSE with bath for a total of 4bd/3ba. The adjoining lot has a paddock and 13 stalls that consist of 3 box stalls and 10 pipe stalls with a breezeway. There is also a tack room, a grain and hay room and an additional locking storage room. TEN+ parking spaces, a couple covered spaces, PLUS 2-car garage. Adjacent to riding trails and open spaces, this property is perfect for equestrians and nature lovers alike. Located just minutes from "the city" this improved horse property features multiple lots and is nestled amongst rolling hills and oak trees. This pretty 2-story home boasts an oversized ground floor primary bedroom, a spacious living room, completely remodeled open concept kitchen and dining room with a real wood-burning fireplace with raised hearth. On the second level you'll find two additional bright sunny bedrooms and a gorgeous upgraded bathroom. There is also a great balcony with mountain views, perfect for morning coffee and waving to the equestrians sauntering by. In the backyard, tucked in the corner and draped in bougainvillea is a sweet little casita/guest house/ADU. If you enjoy entertaining, you'll love the sizable yard with built in barbecue and the wonderful covered patio with ceiling fans, beautiful brick arched patio windows and Saltillo tiles. Rare turnkey horse property at end of lane/corner lot. Plenty of parking and room for RV. Low Tax Rate, NO HOA, NO Mello Roos. Income producing, permitted Guest House tenants have now moved out. THREE LOTS, TWO APN numbers.

Price History

Date
Event
Price
08/08/25
Listing
$1,499,000
Condition Rating
Good
The property, built in 1965, features a completely remodeled open-concept kitchen and a gorgeous upgraded bathroom, both of which appear to be in excellent, modern condition with high-quality finishes, new appliances, and contemporary fixtures as seen in the images. The guest house also appears well-maintained. While these key areas are top-notch and move-in ready, the overall age of the property suggests that some underlying systems or other areas may not have undergone a full, recent renovation. The noted 'Lack of Central Air Conditioning' is also a factor preventing an 'Excellent' score, despite the visible AC unit which may be for a specific zone or guest house. The property is well-maintained with significant updates in critical areas, aligning with a 'Good' condition.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18000, living area = 1888.
Equestrian Facilities: Exceptional horse property spanning over 18,000 sq ft across three lots, featuring a paddock, 13 stalls (3 box, 10 pipe), tack room, grain/hay room, and storage, ideal for equestrians with direct access to riding trails.
Income-Generating Guest House: Includes a permitted guest house/ADU with a bath, offering potential for rental income, multi-generational living, or flexible space, with tenants recently moved out.
Financial Benefits: Benefits from a low tax rate, no HOA fees, and no Mello Roos, significantly reducing ongoing ownership costs for the buyer.
Ample Parking & RV Access: Provides extensive parking with over ten spaces, including covered options and a 2-car garage, plus dedicated room for RV parking, accommodating multiple vehicles and recreational needs.
Remodeled & Upgraded Interiors: Features a completely remodeled open-concept kitchen and dining room, an upgraded bathroom, and an oversized ground floor primary bedroom, offering modern comforts in key living areas.

Cons

Age of Property: Built in 1965, the property's age may suggest older underlying systems (e.g., plumbing, electrical) that, despite some renovations, could require future maintenance or upgrades.
Specialized Niche Market: Its primary appeal as a dedicated horse property caters to a specific equestrian buyer demographic, potentially limiting the overall pool of interested purchasers and affecting market time.
Lack of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback and comfort concern during warmer periods in Trabuco Canyon.

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