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21016 Champlain, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 2 bath

21016 Champlain, Lake Forest, California 92630 home-pic-0
ACTIVE$1,050,000
21016 Champlain, Lake Forest, California 92630
3Beds
2Baths
1,552Sqft
3,850Lot

Price Vs. Estimate

The estimated value ($1,003,635.645) is $46,364.355 (4%) lower than the list price ($1,050,000). This property may be overpriced.

Key pros and cons

Top Pros:
Highly Sought-After Community: Nestled in the desirable Carriage Hill community, known for its well-kept homes, mature landscaping, and quiet, established atmosphere.
Top Cons:
Ongoing HOA Fees: The property is subject to a monthly association fee of $212, which adds to the recurring cost of homeownership.

Compared to the nearby listings

Price:$1.05M vs avg $1.31M ($-260,000)9%
Size:1,552 sqft vs avg 2,120 sqft20%
Price/sqft:$677 vs avg $67551%

More Insights

Built in 1986 (39 years old).
Condition: The property, built in 1986 (38 years old), is well-maintained and move-in ready. The interior features updated hardwood/laminate flooring and neutral paint, which are positives. However, the kitchen, while functional and clean with stainless steel appliances and granite countertops, exhibits a style (light wood cabinets, specific granite pattern) that appears to be from a renovation approximately 15-20 years ago, making it aesthetically outdated compared to current trends. No images of the bathrooms were provided, but it's reasonable to assume they align with the kitchen's age or are older. While the home is maintained, the age of the property and the dated style of key areas like the kitchen place it in the 'Fair' category, indicating it would benefit from minor cosmetic updates to meet modern buyer preferences.
Year Built
1986
Close
-
List price
$1.05M
Original List price
$1.15M
Price/Sqft
$677
HOA
$212
Days on market
-
Sold On
-
MLS number
OC25184091
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Nestled in the highly sought-after Carriage Hill community of Lake Forest, this charming 3-bedroom, 2-bath home offers a rare opportunity in a neighborhood where the last sale was over two years ago. Featuring approximately 1,552 square feet of comfortable living space, this well-maintained residence showcases bright, open living areas perfect for both relaxing and entertaining. The spacious bedrooms provide flexibility for family, guests, or a home office, while the inviting outdoor space is ideal for gardening, gatherings, or enjoying the Southern California sunshine. Carriage Hill is a quiet, established neighborhood known for its well-kept homes, mature landscaping, and convenient access to parks, shopping, dining, and top-rated schools. With limited turnover and strong property values, this is your chance to secure a home in a community where opportunities like this are few and far between.

Condition Rating
Fair
The property, built in 1986 (38 years old), is well-maintained and move-in ready. The interior features updated hardwood/laminate flooring and neutral paint, which are positives. However, the kitchen, while functional and clean with stainless steel appliances and granite countertops, exhibits a style (light wood cabinets, specific granite pattern) that appears to be from a renovation approximately 15-20 years ago, making it aesthetically outdated compared to current trends. No images of the bathrooms were provided, but it's reasonable to assume they align with the kitchen's age or are older. While the home is maintained, the age of the property and the dated style of key areas like the kitchen place it in the 'Fair' category, indicating it would benefit from minor cosmetic updates to meet modern buyer preferences.
Pros & Cons

Pros

Highly Sought-After Community: Nestled in the desirable Carriage Hill community, known for its well-kept homes, mature landscaping, and quiet, established atmosphere.
Limited Inventory & High Demand: A rare opportunity in a neighborhood with limited turnover, where the last sale was over two years ago, indicating strong demand and exclusivity.
Excellent Location & Amenities: Convenient access to parks, shopping, dining, and top-rated schools, enhancing the lifestyle appeal for residents.
Well-Maintained & Functional Layout: The residence is described as well-maintained, featuring bright, open living areas and spacious bedrooms offering flexibility for various needs.
Strong Property Values: The Carriage Hill community is noted for its strong property values, suggesting good long-term investment potential.

Cons

Ongoing HOA Fees: The property is subject to a monthly association fee of $212, which adds to the recurring cost of homeownership.
Recent Price Reductions: The listing has seen multiple price drops from its original list price of $1,150,000 to $1,050,000, which could indicate market resistance or initial overpricing.
Smaller Lot Size: With a lot size of 3,850 square feet, the outdoor space is relatively compact for a single-family home, potentially limiting extensive landscaping or recreational use.

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