20702 El Toro 271, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
20702 El Toro 271
Lake Forest, California 92630
Property Price
SUMMARY
Analysis of 20702 El Toro 271, Lake Forest, California 92630 is currently available with a list price of $429,900. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Forest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1980, has undergone significant recent renovations, including an updated kitchen with quartz countertops, sleek white cabinetry, and recessed lighting, as well as an upgraded bathroom with modern vanity and fixtures. New wood-look laminate flooring and fresh paint throughout make it move-in ready. However, the presence of a wall-mounted AC unit in the bedroom instead of central air, and the older age of the building, prevent it from achieving an 'Excellent' rating, which typically implies newer construction or a full, high-end renovation of all systems.
PROSSTRENGTHS & OPPORTUNITIES
- Remodeled & Move-in Ready Interior
The condo boasts fresh paint, an updated kitchen with quartz countertops, sleek cabinetry, stainless-steel appliances, and an upgraded bathroom, making it move-in ready for immediate occupancy.
- Resort-Style Community Amenities
Residents enjoy access to multiple pools, spas, tennis courts, and scenic walking paths, providing a resort-like living experience within the community.
- FHA Approved & Low-Maintenance HOA
The complex is FHA-approved, broadening buyer eligibility, and HOA dues cover water, trash, and exterior maintenance, ensuring a low-maintenance lifestyle.
CONSRISKS & DEFICIENCIES
- Limited Living Space
With only 1 bedroom, 1 bathroom, and 610 sqft, the property offers limited living space, which may not be suitable for families or those requiring more room.
- Age of Building
Built in 1980, the building's age, despite interior remodels, could imply potential for older infrastructure or common area components that may require future attention.
- Lower-Level Unit Characteristics
As a lower-level condo, it may experience less natural light, potential for noise from units above, and possibly reduced privacy compared to higher-floor units.
About 20702 El Toro 271
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1980
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $430.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Montevideo Elementary School
Grades K-6 • 3.4 mi
La Paz Intermediate School
Grades 7-8 • 4.4 mi
Trabuco Hills High School
Grades 9-12 • 0.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 21% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 610 | 1,022 | 3% |
| Lot Size | - | 190,810 | 23% |
| Price | $429.9K | $610.0K | 10% |
| Price per sq ft | $705 | $608 | 92% |
| Built year | 1980 | 1983 | 30% |
| HOA | $430.0 | $473 | 38% |
| Days on market | 149 | 176 | 32% |
Pricing History
Listed for Sale
Dec 5, 2025
$429,900
$435,000
-1% Price Drop
Initial Listing
Price Change
Oct 9, 2025
$435,000
Initial Listing