20702 El Toro Road 253, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath

20702 El Toro Road 253, Lake Forest, California 92630 home-pic-0
ACTIVE$440,000
20702 El Toro Road 253, Lake Forest, California 92630
1Bed
1Bath
560Sqft
362,186Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Recent Upgrades: The unit boasts brand new Samsung stove and dishwasher, new flooring, recessed lighting, modern ceiling fans, and updated kitchen counters/sink, offering a move-in ready experience.
Top Cons:
Compact Living Space: With only 560 sqft and 1 bedroom, the unit offers limited living space, which may restrict its appeal to a narrow demographic (singles or couples) and could impact future appreciation.

Compared to the nearby listings

Price:$440.0K vs avg $610.0K ($-170,000)11%
Size:560 sqft vs avg 1,000 sqft3%
Price/sqft:$786 vs avg $60399%

More Insights

Built in 1980 (45 years old).
Condition: This property, built in 1980, has undergone an extensive and very recent interior renovation, aligning with the 'extensively renovated within 5 years' criterion for an 'excellent' score. The description explicitly states 'brand new Samsung Stove and Dishwasher,' 'new floor,' 'recessed lights,' '2 new modern-style ceiling fans,' and 'new kitchen counters/sink.' The images confirm a fully updated kitchen with modern white shaker cabinets, new quartz-like countertops, a stainless steel sink, and new appliances. The bathroom also features a new vanity, sink, faucet, and mirror. New grey-toned laminate flooring and fresh paint are present throughout. While the property utilizes a window AC unit rather than central air, all visible interior components are new or virtually new, meeting current quality standards for a move-in ready home with no deferred maintenance.
Year Built
1980
Close
-
List price
$440K
Original List price
$445K
Price/Sqft
$786
HOA
$492
Days on market
-
Sold On
-
MLS number
PW25035037
Home ConditionExcellent
Features
Good View: Creek/Stream
Patio
ViewCreek/Stream

About this home

Serene 1st level unit in Pheasant Creek. 1-bedroom and 1-bathroom. Enjoy brand new Samsung Stove and Dishwasher. Many new items.... floor, recessed lights, 2 new modern-style ceiling fans (living room and bedroom), kitchen counters/sink. Sliding patio door connects to patio with enclosed fence (not all units have the fence). Patio has laundry room with washer and electric dryer hookups can fit full size machines. Has detached 1-car garage and 1-non covered permit parking space. Unit located near back of HOA complex (not in middle of complex), thus perhaps less foot traffic. To find front door, look for garage 253 (has hill behind it). Enjoy community pool and tennis courts.

Nearby schools

7/10
Montevideo Elementary School
Public,K-63.4mi
7/10
La Paz Intermediate School
Public,7-84.4mi
8/10
Trabuco Hills High School
Public,9-120.5mi
Condition Rating
Excellent

This property, built in 1980, has undergone an extensive and very recent interior renovation, aligning with the 'extensively renovated within 5 years' criterion for an 'excellent' score. The description explicitly states 'brand new Samsung Stove and Dishwasher,' 'new floor,' 'recessed lights,' '2 new modern-style ceiling fans,' and 'new kitchen counters/sink.' The images confirm a fully updated kitchen with modern white shaker cabinets, new quartz-like countertops, a stainless steel sink, and new appliances. The bathroom also features a new vanity, sink, faucet, and mirror. New grey-toned laminate flooring and fresh paint are present throughout. While the property utilizes a window AC unit rather than central air, all visible interior components are new or virtually new, meeting current quality standards for a move-in ready home with no deferred maintenance.
Pros & Cons

Pros

Extensive Recent Upgrades: The unit boasts brand new Samsung stove and dishwasher, new flooring, recessed lighting, modern ceiling fans, and updated kitchen counters/sink, offering a move-in ready experience.
Private Enclosed Patio with In-Unit Laundry: A significant advantage is the private, enclosed patio, which also houses a dedicated laundry room with full-size washer and electric dryer hookups, a feature not common to all units.
Dedicated Parking Solutions: The property includes both a detached 1-car garage and an additional non-covered permit parking space, providing ample and secure parking.
Desirable Community Amenities & Location: Residents benefit from community pool and tennis courts, and the unit's location near the back of the complex ensures a quieter, more serene living environment with less foot traffic.
Pleasant Views & Strong School District: The unit offers a pleasant creek/stream view and is situated within a highly-rated school district, adding to its long-term appeal.

Cons

Compact Living Space: With only 560 sqft and 1 bedroom, the unit offers limited living space, which may restrict its appeal to a narrow demographic (singles or couples) and could impact future appreciation.
High Monthly HOA Fees: The $492.00 monthly association fee is substantial for a unit of this size and bedroom count, adding a significant recurring cost to ownership.
Building Age & Potential for Systemic Issues: Built in 1980, the condominium complex is over four decades old. While the interior unit has been updated, the age of the overall building infrastructure could lead to higher maintenance costs or special assessments in the future.

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