
Lake Forest, California 92630
This Stunning Move-In Ready Condominium is listed at $499,900, offering exceptional value near its $508,793 Fair Market Value. Featuring a recently renovated interior with luxury vinyl plank flooring, a modern kitchen, and re-piped plumbing, the property boasts a Mint Condition Rating requiring zero immediate work. Situated in the peaceful Serrano Creek Villas, the unit offers a scenic greenbelt view and access to community pool and spa amenities. This listing combines financial stability with lifestyle luxury, making it the perfect fit for first-time buyers or owner-occupants seeking a stress-free transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20874 Serrano Creek Road 64 Subject 2 bd · 1 ba · 884 sqft · $576 | $499,900* List Price | 2 | 1 | 884 | $576 | - |
A 26152 Serrano Court Sold 2 bd · 1 ba · 884 sqft · $571 · 0.0 mi | $505,000 | 2 | 1 | 884 | $571 | 0.0 mi |
B 26116 Serrano Court 12 Sold 2 bd · 1 ba · 884 sqft · $563 · 0.0 mi | $498,000 | 2 | 1 | 884 | $563 | 0.0 mi |
C 20897 Serrano Creek Sold 2 bd · 1 ba · 884 sqft · $588 · 0.0 mi | $520,000 | 2 | 1 | 884 | $588 | 0.0 mi |
D 20921 Serrano Creek Road 55 Sold 2 bd · 1 ba · 884 sqft · $576 · 0.0 mi | $509,500 | 2 | 1 | 884 | $576 | 0.0 mi |
E 26342 Forest Ridge Sold 2 bd · 2 ba · 868 sqft · $689 · 0.1 mi | $598,000 | 2 | 2 | 868 | $689 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (under 5 years) featuring new luxury vinyl plank flooring, a refreshed kitchen with stainless steel appliances and custom tile backsplash, and a fully updated bathroom with a new vanity and shower surround. Critical systems have also been addressed with re-piped plumbing and a smart thermostat, making it mint-condition and move-in ready.
The unit features extensive recent improvements including luxury vinyl plank flooring, recessed lighting, and a remodeled kitchen with stainless steel appliances, offering a move-in ready experience.
As a single-level lower unit overlooking a peaceful greenbelt, the property provides enhanced privacy and scenic views compared to standard interior units.
Significant mechanical upgrades such as re-piped plumbing and a Google Smart thermostat provide long-term value and reduced maintenance concerns for the buyer.
With only one bathroom serving two bedrooms, the layout may be less convenient for multi-occupant households or guests.
The $520 monthly HOA fee is relatively high for a sub-900 square foot condominium, which may impact overall affordability for some buyers.
Recently updated and improved single level lower unit, ideally located overlooking a peaceful greenbelt, just steps from the community pool, in the desirable Serrano Creek Villas community. Step inside and soak in the freshly painted interior with NEW recessed lighting, plantation shutters, and updated dual-pane windows and sliding doors setting the stage for a superb living environment. The spacious living room is open to the dining area and has direct access to the fully enclosed front patio providing an ideal indoor-outdoor living space for gatherings with friends and family. The kitchen has been beautifully updated with a full custom glass tile backsplash, newly refreshed Kitchen cabinetry, large, upgraded kitchen sink, updated Stainless-Steel appliances, prized walk-in pantry, and a convenient laundry closet with full size newer washer and dryer. You will adore the sleek NEW luxury vinyl wide plank flooring and mirrored closet doors throughout the two bedrooms. The bathroom has been updated with a NEW dual vanity, updated hardware and faucets, updated lighting, a framed vanity mirror, upgraded tub and shower surround, and a tankless bidet toilet. The fully enclosed covered outdoor patio is a peaceful oasis for relaxing, enjoying a morning cup of coffee with a loved one, al fresco dining and BBQing. Patio also includes a convenient storage closet for extra storage. Additional improvements include Re-piped Plumbing and Google Smart thermostat. Just steps from the community clubhouse, pool, and spa. One Covered carport space #48 included. HOA covers Trash and Water. Serrano Creek Villas is a quiet and friendly community with serene walking paths, an abundance of parking, surrounded by lush, mature landscapes. Ideally located within walking distance of hiking, biking, and running trails, close to dining and shopping, easy Toll Road and 5 Freeway access, and just minutes from local beaches. No Mello Roos!
No exterior & parking available.
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 1.0 | 2.0 |
| Square foot | 884 | 1,096.746 |
| Lot Size | - | 185,385.508 |
| Price | $499.9K | $649.6K |
| Price per sq ft | $565 | $596 |
| Built year | 1982 | 1986 |
| HOA | $520.0 | $502 |
| Days on market | 26 | 57 |
Oct 23, 2026
$499,900
$525,000
-5% Price Drop
Initial Listing
Sep 29, 2026
$525,000
Initial Listing
Mar 17, 2020
$350,000
Public Record
Sep 5, 2017
$334,000
Public Record
Jul 29, 2015
$287,000
Public Record
Jan 30, 2015
$225,000
Public Record
Apr 26, 2005
$332,000
Public Record
Sep 18, 2002
$179,000
Public Record
Oct 20, 1997
$72,500
Public Record