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20702 El Toro Road 300, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath

20702 El Toro Road 300, Lake Forest, California 92630 home-pic-0
ACTIVE$415,000
20702 El Toro Road 300, Lake Forest, California 92630
1Bed
1Bath
686Sqft
362,186Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensively Updated Interior: The condo boasts a beautifully updated open-concept layout with high-end finishes, including an upgraded kitchen with modern cabinetry and stainless-steel appliances, gorgeous laminate flooring, and custom wainscoting.
Top Cons:
Compact Living Space: At 686 sqft with 1 bedroom and 1 bathroom, the unit offers limited living space, which may not suit all buyer needs or future expansion requirements.

Compared to the nearby listings

Price:$415.0K vs avg $610.0K ($-195,000)7%
Size:686 sqft vs avg 1,000 sqft7%
Price/sqft:$605 vs avg $60352%

More Insights

Built in 1980 (45 years old).
Condition: Despite being built in 1980, this condo has undergone extensive and high-quality renovations, bringing its condition to a virtually new standard. The kitchen features modern white cabinetry, stainless steel appliances, quartz-look countertops, and a contemporary tile backsplash. The bathroom is equally updated with a modern vanity, light fixture, and a clean tub/shower combo with a modern shower head. Throughout the unit, there is gorgeous laminate flooring, recessed lighting, and modern fixtures, indicating a comprehensive renovation likely completed within the last five years. All components appear new or virtually new, with no visible deferred maintenance.
Year Built
1980
Close
-
List price
$415K
Original List price
$449K
Price/Sqft
$605
HOA
$449
Days on market
-
Sold On
-
MLS number
OC25094661
Home ConditionExcellent
Features
Deck
View-

About this home

Welcome home to this beautifully updated 1-bedroom, 1-bathroom condo in the sought-after Pheasant Creek community. With an open-concept layout and high-end finishes, this cozy main-level unit offers the perfect balance of style and comfort. The upgraded kitchen boasts modern cabinetry and stainless-steel appliances, while the spacious living area features gorgeous laminate flooring and custom wainscoting. Step out onto your large private balcony to enjoy peaceful views of the community’s tranquil streams and lush greenery. The generously sized primary suite includes a large walk-in closet with custom built-ins, providing plenty of storage space. A ceiling fan adds comfort to the room, ensuring a restful environment. Additional features include an in-unit washer and dryer (included), a cute table and corner seating, and an abundance of storage options throughout. For added convenience, this home comes with a detached garage and a permit for an additional vehicle. Pheasant Creek residents enjoy fantastic amenities, including a pool, spa, tennis courts, and serene walking paths. The low HOA dues cover water, trash, and exterior maintenance for low-maintenance living. Located just minutes from shopping, dining, and parks, as well as easy access to the 241 toll road, this home is ideal for anyone seeking a peaceful retreat with convenient access to everything Lake Forest has to offer.

Nearby schools

7/10
Montevideo Elementary School
Public,•K-6•3.4mi
7/10
La Paz Intermediate School
Public,•7-8•4.4mi
8/10
Trabuco Hills High School
Public,•9-12•0.5mi
Condition Rating
Excellent
Despite being built in 1980, this condo has undergone extensive and high-quality renovations, bringing its condition to a virtually new standard. The kitchen features modern white cabinetry, stainless steel appliances, quartz-look countertops, and a contemporary tile backsplash. The bathroom is equally updated with a modern vanity, light fixture, and a clean tub/shower combo with a modern shower head. Throughout the unit, there is gorgeous laminate flooring, recessed lighting, and modern fixtures, indicating a comprehensive renovation likely completed within the last five years. All components appear new or virtually new, with no visible deferred maintenance.
Pros & Cons

Pros

Extensively Updated Interior: The condo boasts a beautifully updated open-concept layout with high-end finishes, including an upgraded kitchen with modern cabinetry and stainless-steel appliances, gorgeous laminate flooring, and custom wainscoting.
Comprehensive Community Amenities: Residents enjoy access to fantastic amenities such as a pool, spa, tennis courts, and serene walking paths, enhancing lifestyle and recreational opportunities.
Convenient & Accessible Location: Strategically located just minutes from shopping, dining, and parks, with easy access to the 241 toll road, offering both peaceful living and urban convenience.
Private Outdoor Space & Views: A large private balcony provides peaceful views of the community’s tranquil streams and lush greenery, offering a serene personal retreat.
Practical Inclusions & Storage: The unit includes an in-unit washer and dryer, a generously sized primary suite with a walk-in closet and custom built-ins, abundant storage options, a detached garage, and an additional parking permit.

Cons

Compact Living Space: At 686 sqft with 1 bedroom and 1 bathroom, the unit offers limited living space, which may not suit all buyer needs or future expansion requirements.
Building Age: Constructed in 1980, the building is over 40 years old. While the interior is updated, older infrastructure can sometimes lead to higher maintenance costs or less modern common areas over time.
Significant Price Reduction: A recent price drop from $449,000 to $415,000 (over 7.5%) could suggest initial overpricing or difficulty attracting buyers, potentially raising questions about market value or underlying issues.

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