21156 Gladiolos, Lake Forest, California 92630, Lake Forest, 92630 - 1 bed, 1 bath
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21156 Gladiolos
Lake Forest, California 92630
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
789Sq Ft
81,700Lot Size
Property Price
LIST PRICE$525,000
EST. MARKET VALUE
$492,660
6% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $525,000—positioned well above the $492,660 Fair Market Value by 6%. While priced at a premium, the property features a Mint Condition Rating with a fully updated kitchen, modern bathroom, and newer A/C. Located in the Saddleback Valley Unified district, it offers a low-maintenance lifestyle with a private balcony and rare 1-car attached garage. This home is an ideal choice for first-time buyers or downsizing professionals seeking a move-in-ready residence in Lake Forest.
Estimated Market Value
$492,660
Based on Realkey algorithm analyzing recent comparable sales in Lake Forest.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21156 Gladiolos Subject 1 bd · 1 ba · 789 sqft · $624 | $525,000* List Price | 1 | 1 | 789 | $624 | - |
A 26342 Forest Ridge Sold 2 bd · 2 ba · 868 sqft · $689 · 0.8 mi | $598,000 | 2 | 2 | 868 | $689 | 0.8 mi |
B 26342 Forest Ridge Sold 2 bd · 2 ba · 868 sqft · $691 · 0.8 mi | $600,000 | 2 | 2 | 868 | $691 | 0.8 mi |
C 25272 Tanoak Lane Sold 1 bd · 1 ba · 741 sqft · $737 · 0.3 mi | $545,888 | 1 | 1 | 741 | $737 | 0.3 mi |
D 26152 Serrano Court Sold 2 bd · 1 ba · 884 sqft · $571 · 0.6 mi | $505,000 | 2 | 1 | 884 | $571 | 0.6 mi |
E 26116 Serrano Court 12 Sold 2 bd · 1 ba · 884 sqft · $563 · 0.6 mi | $498,000 | 2 | 1 | 884 | $563 | 0.6 mi |
F 21981 Rimhurst Dr # P-160 P-160 Sold 2 bd · 1 ba · 829 sqft · $609 · 1.0 mi | $505,000 | 2 | 1 | 829 | $609 | 1.0 mi |
G 20897 Serrano Creek Sold 2 bd · 1 ba · 884 sqft · $588 · 0.6 mi | $520,000 | 2 | 1 | 884 | $588 | 0.6 mi |
H 21164 Gladiolos Way Active 1 bd · 1 ba · 835 sqft · $623 · 0.0 mi | $519,900 List Price | 1 | 1 | 835 | $623 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with two-tone cabinetry and stainless appliances, a fully updated bathroom with contemporary tiling and black hardware, and newer flooring throughout. Additionally, the listing notes updated systems including a newer A/C and community repiping, meeting the criteria for mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Updates
The property features a fully updated kitchen with newer cabinetry and appliances, along with refreshed flooring and a modernized bathroom, providing a move-in-ready experience for buyers.
- Enhanced Architectural Appeal
Soaring ceilings and an open-concept living area with a fireplace create a bright, airy atmosphere that makes the 789-square-foot layout feel significantly more spacious.
- Premium Infrastructure & Parking
The inclusion of a rare 1-car attached garage, combined with recent community repiping and a newer A/C system, offers long-term value and reduced maintenance concerns.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =81700, other record lot size in square feet = 92448.
- High Monthly HOA Fees
The association fee of $539 per month is relatively high for a one-bedroom condominium, which may impact monthly affordability and the overall debt-to-income ratio for some buyers.
- Limited Living Versatility
With only one bedroom and under 800 square feet of living space, the property offers limited flexibility for those requiring a dedicated home office or guest accommodations.
About 21156 Gladiolos
FHA & VA approved! Townhome-style living with no one above and no one below, plus your own attached 1-car garage. This updated 1-bedroom, 1-bath, two-level home in Lake Forest’s Vista Del Flores community features soaring cathedral ceilings, recessed lighting, and an open living and dining area with a cozy gas fireplace. Step out to the private balcony for morning coffee or to unwind at the end of the day. The remodeled kitchen offers quartz counters, a gas cooktop, newer appliances, and self-closing cabinetry. Upstairs, the spacious bedroom is paired with a remodeled bath with a walk-in shower. The big-ticket items are done: newer vinyl flooring, newer central A/C, and a full repipe in 2023. Washer and dryer hookups in the garage keep laundry out of your living space. Enjoy the community pool and spa, with water and trash included in the HOA. Close to shopping, dining, parks, and easy freeway access, in the Saddleback Valley Unified School District. Vacant, turnkey, and ready for a quick close!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1989
- Lot Size
- 81,700 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $539.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Cordillera Elementary School
Grades K-6 • 3.2 mi
5/10
Serrano Intermediate School
Grades 7-8 • 1.7 mi
6/10
El Toro High School
Grades 9-12 • 1.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 2.0 |
| Square foot | 789 | 1,096.746 |
| Lot Size | 81,700 | 185,385.508 |
| Price | $525.0K | $649.6K |
| Price per sq ft | $665 | $596 |
| Built year | 1989 | 1986 |
| HOA | $539.0 | $502 |
| Days on market | 21 | 57 |
Pricing History
Listed for Sale
Oct 4, 2026
$525,000
Initial Listing
Sold
Sep 12, 2003
$231,000
Public Record