
Lake Forest, California 92630
This Turnkey Modernized Condominium is listed at $412,000, representing a high-quality acquisition relative to its $371,507 Fair Market Value. Boasting an Excellent Condition Rating, the residence was extensively renovated within the last two years to include a modern kitchen with stainless appliances, wood-look laminate flooring, and a private garage. Residents enjoy a serene lifestyle with a scenic patio with creek views and access to the top-rated Trabuco Hills High School. This move-in-ready retreat is the perfect fit for first-time buyers or Owner-Occupants seeking a polished, stress-free sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20702 El Toro Road 243 Subject | $412,000* List Price | 1 | 1 | 560 | $663 | - |
A 20702 El Toro Road 325 Sold | $435,000 | 1 | 1 | 686 | $634 | 0.2 mi |
B 20702 El Toro 271 Active | $429,900 List Price | 1 | 1 | 610 | $705 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has been extensively renovated within the last two years, meeting the criteria for excellent condition. The interior features a modern kitchen with new stainless steel appliances and shaker-style cabinetry, updated wood-look laminate flooring throughout, fresh paint, and a fully remodeled bathroom with a contemporary vanity and fixtures.
The unit has been extensively updated within the last two years with stainless steel appliances, new flooring, and fresh paint, offering a turnkey living experience.
Rare inclusions for a condo at this price point include a private garage, in-unit laundry, and a scenic patio overlooking lush greenery and streams.
The HOA fee covers essential utilities like water and trash plus exterior maintenance, providing a low-maintenance lifestyle alongside community pools and tennis courts.
At only 560 square feet, the interior living space is quite limited, which may be a constraint for buyers with significant furniture or storage needs.
The property is being sold in its current condition, meaning the seller will not perform further repairs, potentially placing the burden of future maintenance on the buyer.
Welcome to your serene Lake Forest newly remodeled 1BR/ 1Bath retreat! This beautifully remodeled within the last two years, lower Level , Turn Key "As Is",1-bedroom, 1-bath condo in the peaceful Pheasant Creek community offers an open layout with stainless-steel appliances, beautiful flooring, newly painted , a private patio overlooking lush greenery and streams. Enjoy a spacious bedroom with a walk-in closet, an updated bathroom, in-unit laundry ,washer dryer, and a private garage Community amenities include pools, spas, tennis courts, and scenic walking paths. Conveniently located near parks, shopping, dining, and major freeways, this home blends comfort, style, and nature in one of Orange County’s best values. The low HOA dues cover water, trash, and exterior maintenance for low-maintenance living. This home is ideal for anyone seeking a peaceful retreat with convenient access to everything Lake Forest has to 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 | 560 | 1,022 | 3% |
| Lot Size | 362,186 | 167,937 | 95% |
| Price | $412.0K | $610.0K | 12% |
| Price per sq ft | $736 | $603 | 96% |
| Built year | 1980 | 1983 | 26% |
| HOA | $484.45 | $465 | 62% |
| Days on market | 0 | 155 | 1% |
Apr 17, 2026
$412,000
Initial Listing
Feb 5, 2002
$118,000
Public Record