
Lake Forest, California 92630
This Turnkey Condominium is a Strong Value Opportunity, listed at $445,000—positioned well above the $434,256 Fair Market Value by a marginal variance. Featuring a Condition Rating of 3, this unit offers a modern, move-in ready interior with updated cabinetry and durable flooring. Residents enjoy a serene Creek/Stream View from a private patio and proximity to Trabuco Hills High School (Rating 8). With its ground-floor accessibility and resort-style amenities, this property is an ideal choice for first-time buyers or downsizing professionals seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20702 El Toro Rd 317 Subject | $445,000* List Price | 1 | 1 | 710 | $612 | - |
A 20702 El Toro Road 325 Sold | $435,000 | 1 | 1 | 686 | $634 | 0.1 mi |
B 20702 El Toro Road 94 Sold | $415,000 | 1 | 1 | 686 | $605 | 0.2 mi |
C 20702 El Toro Road 243 Sold | $425,000 | 1 | 1 | 560 | $759 | 0.1 mi |
D 20702 El Toro 82 Sold | $504,000 | 2 | 2 | 916 | $550 | 0.2 mi |
E 20702 El Toro 290 Sold | $574,000 | 2 | 2 | 916 | $627 | 0.1 mi |
F 20702 El Toro Road 379 Sold | $450,000 | 1 | 1 | 710 | $634 | 0.1 mi |
G 20702 El Toro Road 393 Active | $425,000 List Price | 1 | 1 | 686 | $620 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1983, the unit is in turnkey condition with a 5-15 year old renovation profile. It features updated shaker-style kitchen cabinetry, modern stone-look countertops, and contemporary wood-style flooring. The bathroom is cleanly updated and the unit is move-in ready, though the wall AC and some appliances show moderate age.
This rare ground-floor, turnkey unit offers effortless access with a detached garage located directly adjacent to the condo, a significant convenience in multi-unit complexes.
The private enclosed patio overlooks the community's signature running streams and lush green belts, providing a tranquil resort-style atmosphere.
Featuring an open layout with durable modern flooring and essential in-unit laundry hookups, the home is move-in ready with contemporary finishes.
The monthly HOA fee of $505.54 is a substantial recurring expense that may deter budget-conscious buyers or impact financing ratios.
With only 710 square feet and a single bedroom, the property offers limited space for those requiring a home office or additional guest accommodations.
Welcome to resort-style living at an unbeatable value in Lake Forest’s highly sought-after Pheasant Creek community. This rare, ground-floor turnkey condo offers the ultimate in effortless accessibility with detached garage located directly adjacent to the unit Inside, the open layout maximizes space with a clean flow between the kitchen, dining, and living areas. The kitchen comes equipped with appliances, and the entire space features durable, modern flooring. The master bedroom is spacious and includes a huge walk-in closet, right next to a cleanly updated full bath. Ultimate convenience is full size, in-unit laundry hookups and plenty of extra storage in your private garage. One of the best features of this condo is the private, enclosed patio. It looks out over the community’s signature running streams and green belts, making it a great, quiet spot to relax. Nestled right across from the Aliso Creek Bikeway, nature lovers will enjoy being minutes from Serrano Creek Park, Whiting Ranch wilderness trails, and the Lake Forest Sports Park. Commuters will love the ultra-convenient access to the 241 Toll Road, the 5 freeway, and a vibrant local dining, shopping, and entertainment scene.
No exterior & parking available.
Grades K-6 • 3.4 mi
Grades 7-8 • 4.5 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 | 32% |
| Square foot | 710 | 1,087.5 | 18% |
| Lot Size | 257,265 | 168,116.5 | 65% |
| Price | $445.0K | $597.5K | 16% |
| Price per sq ft | $627 | $603 | 61% |
| Built year | 1983 | 1983 | 50% |
| HOA | $505.54 | $475 | 66% |
| Days on market | 7 | 132 | 5% |
May 30, 2026
$445,000
Initial Listing
Aug 27, 2015
$229,500
Public Record
May 30, 2008
$175,000
Public Record
Feb 14, 2005
$240,000
Public Record