20702 El Toro 271, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
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Lake Forest, California 92630
This Remodeled Resort-Style Retreat is listed at $429,900 after a price reduction, offering a stable entry point at its $421,111 Fair Market Value. Boasting a Condition Rating of 3, the interior features a Modern Quartz Kitchen, stainless appliances, and fresh paint, ensuring a Move-in Ready transition. The property offers a tranquil Creek/Stream View and resort amenities. Situated in the Saddleback Valley Unified District near Trabuco Hills High and La Paz Intermediate, this FHA-approved unit is an ideal match for first-time buyers or Owner-Occupants seeking a polished, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20702 El Toro 271 Subject | $429,900* List Price | 1 | 1 | 610 | $690 | - |
A 20702 El Toro Road 325 Sold | $435,000 | 1 | 1 | 686 | $634 | 0.3 mi |
B 20702 El Toro Road 379 Sold | $450,000 | 1 | 1 | 710 | $634 | 0.3 mi |
C 20702 El Toro Rd 413 Sold | $372,000 | 1 | 1 | 560 | $664 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
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.
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.
Residents enjoy access to multiple pools, spas, tennis courts, and scenic walking paths, providing a resort-like living experience within the community.
The complex is FHA-approved, broadening buyer eligibility, and HOA dues cover water, trash, and exterior maintenance, ensuring a low-maintenance lifestyle.
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.
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.
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.
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!
No exterior & parking available.
Grades K-6 • 3.4 mi
Grades 7-8 • 4.4 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 23% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 610 | 1,022 | 4% |
| Lot Size | - | 162,510 | 27% |
| Price | $429.9K | $610.0K | 13% |
| Price per sq ft | $705 | $603 | 88% |
| Built year | 1980 | 1983 | 26% |
| HOA | $430.0 | $460 | 39% |
| Days on market | 195 | 166 | 62% |
Dec 5, 2025
$429,900
$435,000
-1% Price Drop
Initial Listing
Oct 9, 2025
$435,000
Initial Listing