
Lake Forest, California 92630
This Turnkey Condominium is a Strong Value Opportunity, listed at $535,000—positioned above the $493,607 Fair Market Value by 8%. While priced at a premium, the property features an Excellent Condition Rating with recent infrastructure upgrades, including a 2022 roof and PEX re-piping. Residents enjoy a private balcony, community pool, and proximity to top-rated schools like El Toro High. This residence offers a low-maintenance lifestyle in a prime Lake Forest location, making it an ideal choice for first-time buyers or downsizers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21164 Gladiolos Way Subject | $535,000* List Price | 1 | 1 | 835 | $591 | - |
A 26342 Forest Ridge Sold | $600,000 | 2 | 2 | 868 | $691 | 0.8 mi |
B 25652 Rimgate Drive 1d Sold | $515,000 | 2 | 1 | 899 | $573 | 0.8 mi |
C 21981 Rimhurst Dr # P-160 P-160 Sold | $505,000 | 2 | 1 | 829 | $609 | 1.0 mi |
D 26152 Serrano Court Sold | $505,000 | 2 | 1 | 884 | $571 | 0.6 mi |
E 25272 Tanoak Lane Sold | $545,888 | 1 | 1 | 741 | $737 | 0.3 mi |
F 26116 Serrano Court 12 Sold | $498,000 | 2 | 1 | 884 | $563 | 0.6 mi |
G 20897 Serrano Creek Sold | $520,000 | 2 | 1 | 884 | $588 | 0.6 mi |
H 21245 Camelia 27 Active | $630,000 List Price | 2 | 2 | 953 | $661 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989, the property is in turnkey, move-in ready condition with significant recent updates. Key improvements include a new roof (2022), community-wide PEX re-piping, and a refreshed bathroom with modern subway tiling and an LED mirror. The interior features updated laminate flooring and recessed lighting, offsetting the building's age.
The property is move-in ready with high-end finishes including vaulted ceilings, plantation shutters, and a refreshed bathroom featuring a subway-tiled shower and a modern LED mirror.
Residents benefit from major recent infrastructure upgrades including completed PEX re-piping, a new roof installed in 2022, and recent street resurfacing, reducing the likelihood of near-term special assessments.
The floorplan offers a rare and convenient configuration for a condo, featuring an attached one-car garage with laundry facilities and a clear separation between the entry and the main living level.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 835, other record living area = 789.
With only one bedroom, the property has a more narrow buyer demographic compared to multi-bedroom units, which may limit future resale appeal to families or those needing home offices.
The association fee of $470 per month is relatively high for a one-bedroom residence, which could impact the debt-to-income ratio for first-time buyers and overall investment yield.
Welcome to this turnkey one-bedroom, one-bathroom condo in the desirable Vista Del Flores community of Lake Forest. Thoughtfully maintained and move-in ready, this charming two-story residence offers vaulted ceilings, laminate flooring, plantation shutters that lines windows and sliding doors, recessed lighting, ceiling fans, and an open-concept living space filled with natural light. The entry level includes an attached one-car garage with a convenient laundry area. On the main living level, a cozy fireplace anchors the living room, which flows into the dining area and a functional, well-designed kitchen that makes everyday cooking and meal preparation easy. The generously sized bedroom is complemented by a refreshed bathroom featuring new flooring, a subway-tiled wall with recessed shelf built into the shower wall for storing bath products. The updated vanity is complemented with a modern LED mirror. Multiple storage cabinets throughout the home provide added organization, while the private balcony creates a space for a relaxing outdoor retreat. It's a great floorplan with clear separation of garage and the upstairs accommodation, with all living spaces in one floor. Vista Del Flores residents enjoy picturesque walking paths, a community swimming pool and spa, ample resident and guest parking on a peaceful, low-maintenance setting. Community-wide improvements include completed PEX re-piping, new roof installation in 2022, and recent street resurfacing. Monthly HOA dues include water, trash service, and exterior insurance; buyers are advised to verify all HOA inclusions and community information. The City of Lake Forest is known for its master-planned suburban setting, parks, trails, lakes, lush eucalyptus groves and access to outdoor recreation. Conveniently located allowing access to the 241 Toll Road, I-5, I-405, Lake Forest Marketplace, and Irvine Spectrum enjoy shopping, dining, employment centers, and major transportation routes, this condo offers an appealing opportunity for a first-time homebuyer, downsizer, or investor seeking comfort, convenience, and a low-maintenance South Orange County lifestyle.
No exterior & parking available.
Grades K-6 • 3.2 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 2.0 |
| Square foot | 835 | 1,109.86 |
| Lot Size | 81,700 | 165,856.581 |
| Price | $535.0K | $663.6K |
| Price per sq ft | $641 | $603 |
| Built year | 1989 | 1987 |
| HOA | $470.0 | $485 |
| Days on market | 28 | 54 |
Aug 12, 2026
$535,000
Initial Listing
Jul 25, 2022
$460,000
Public Record
Dec 12, 2017
$311,000
Public Record
Oct 28, 2003
$235,000
Public Record