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20702 El Toro 271, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath

20702 El Toro 271, Lake Forest, California 92630 home-pic-0
ACTIVE$429,900
20702 El Toro 271, Lake Forest, California 92630
1Bed
1Bath
610Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Remodeled & Move-in Ready: The condo boasts fresh paint, an updated kitchen with quartz countertops, sleek cabinetry, and stainless-steel appliances, plus an upgraded bathroom, making it immediately appealing and move-in ready.
Top Cons:
Limited Living Space: With only 1 bedroom, 1 bath, and 610 sqft, the property offers limited living space, primarily appealing to singles or couples and restricting its long-term flexibility for growing needs.

Compared to the nearby listings

Price:$429.9K vs avg $610.0K ($-180,100)9%
Size:610 sqft vs avg 1,000 sqft3%
Price/sqft:$705 vs avg $60392%

More Insights

Built in 1980 (45 years old).
Condition: The property is move-in ready with recent cosmetic renovations evident in the updated kitchen (quartz countertops, sleek cabinetry, white appliances, recessed lighting) and upgraded bathroom (modern vanity, fixtures, glass shower door). New wood-look flooring and fresh paint throughout contribute to a modern feel. While the building was constructed in 1980, the visible updates appear to be within the last 5-15 years, making the interior well-maintained and requiring no immediate renovation. The discrepancy in appliance color (white in images vs. 'stainless-steel' in description) is minor. The underlying major systems may be older due to the build year, but the overall presentation is strong.
Year Built
1980
Close
-
List price
$430K
Original List price
$435K
Price/Sqft
$705
HOA
$430
Days on market
-
Sold On
-
MLS number
OC25235954
Home ConditionGood
Features
Good View: Creek/Stream
ViewCreek/Stream

About this home

Significant Price Reduction... Motivated Seller ready to Move!... First-Time Home Buyer Opportunity! Move-in ready lower-level condo with resort-style amenities offering modern serenity in Lake Forest. Welcome to your ideal Lake Forest retreat — a cozy, affordable, and nicely remodeled home that combines comfort with the peaceful sounds of nature. Located in the desirable Pheasant Creek community, this 1-bedroom, 1-bath condo sits just steps from the pool and features an open-concept layout that blends the living and dining areas. The interior includes fresh paint and an updated kitchen with quartz countertops, sleek cabinetry, and stainless-steel appliances, creating a clean, modern feel. The spacious bedroom offers a walk-in closet, and the upgraded bathroom includes stylish finishes and quality fixtures. A private front patio provides a relaxing spot surrounded by lush landscaping and tranquil streams flowing through the community. Residents enjoy multiple pools and spas, tennis courts, and scenic walking paths. The home includes a full-size washer and dryer, a covered carport, and one additional parking space. HOA dues cover water, trash, and exterior maintenance for a low-maintenance lifestyle. Pheasant Creek is an FHA-approved complex, conveniently located near parks, shops, restaurants, and with easy access to freeways and toll roads. Now is the time to come take a look and make an offer!

Nearby schools

7/10
Montevideo Elementary School
Public,•K-6•3.4mi
7/10
La Paz Intermediate School
Public,•7-8•4.4mi
8/10
Trabuco Hills High School
Public,•9-12•0.5mi
Condition Rating
Good
The property is move-in ready with recent cosmetic renovations evident in the updated kitchen (quartz countertops, sleek cabinetry, white appliances, recessed lighting) and upgraded bathroom (modern vanity, fixtures, glass shower door). New wood-look flooring and fresh paint throughout contribute to a modern feel. While the building was constructed in 1980, the visible updates appear to be within the last 5-15 years, making the interior well-maintained and requiring no immediate renovation. The discrepancy in appliance color (white in images vs. 'stainless-steel' in description) is minor. The underlying major systems may be older due to the build year, but the overall presentation is strong.
Pros & Cons

Pros

Remodeled & Move-in Ready: The condo boasts fresh paint, an updated kitchen with quartz countertops, sleek cabinetry, and stainless-steel appliances, plus an upgraded bathroom, making it immediately appealing and move-in ready.
Resort-Style Amenities: Residents enjoy access to multiple pools, spas, tennis courts, and scenic walking paths, enhancing the lifestyle and recreational opportunities within the community.
FHA Approved & First-Time Buyer Opportunity: Being an FHA-approved complex broadens the buyer pool, making it an accessible and attractive option for first-time homebuyers with specific financing needs.
Convenient Location & Scenic Environment: The property is conveniently located near parks, shops, restaurants, and offers easy access to freeways and toll roads, complemented by a private patio with lush landscaping and tranquil stream views.
HOA Benefits & Parking: HOA dues cover water, trash, and exterior maintenance, providing a low-maintenance lifestyle. The unit also includes a covered carport and an additional parking space.

Cons

Limited Living Space: With only 1 bedroom, 1 bath, and 610 sqft, the property offers limited living space, primarily appealing to singles or couples and restricting its long-term flexibility for growing needs.
High Monthly HOA Dues: The $430 monthly HOA fee is relatively high for a 610 sqft 1-bedroom condo, adding a significant recurring cost to homeownership that could impact affordability.
Potential for Older Infrastructure: Despite cosmetic updates, the 1980 construction year suggests that underlying systems within the unit (e.g., plumbing, electrical) may be original or older, potentially leading to future maintenance or upgrade costs not covered by the HOA.

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