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21205 Serra 42, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 3 bath

21205 Serra 42, Lake Forest, California 92630 home-pic-0
ACTIVE$807,000
21205 Serra 42, Lake Forest, California 92630
2Beds
3Baths
1,261Sqft
126,397Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Upgrades & Modern Amenities: The home is 'beautifully upgraded' with KraftMaid cabinetry, granite/quartz counters, HVAC with smart thermostat, and dual-pane windows, making it move-in ready.
Top Cons:
As-Is Sale Condition: The property is explicitly 'Sold As - Is,' transferring potential repair liabilities and risks to the buyer.

Compared to the nearby listings

Price:$807.0K vs avg $615.0K (+$192,000)81%
Size:1,261 sqft vs avg 1,022 sqft80%
Price/sqft:$640 vs avg $60371%

More Insights

Built in 1986 (39 years old).
Condition: The property, built in 1986, has undergone several positive upgrades including KraftMaid cabinetry and granite counters in the kitchen, quartz counters in the bathrooms, updated HVAC with a smart thermostat, and dual-pane windows. These improvements prevent it from being rated 'Poor'. However, the presence of red carpet in the bathroom is a significant aesthetic detractor and would likely require immediate replacement for most buyers, contradicting the 'move-in ready with no immediate renovation required' aspect of a 'Good' rating. Additionally, the kitchen floor tile appears dated, the dining room light fixture is older, and the laminate flooring shows some wear. The 'Sold As-Is' clause also suggests potential for minor repairs. While maintained, the mix of updated and outdated elements, particularly the bathroom carpet, places it firmly in the 'Fair' category, indicating it requires minor updates or repairs to meet modern expectations.
Year Built
1986
Close
-
List price
$807K
Original List price
$827K
Price/Sqft
$640
HOA
$429
Days on market
-
Sold On
-
MLS number
IG25094755
Home ConditionFair
Features
Good View: City Lights, Park/Greenbelt, Panoramic, Trees/Woods
Patio
ViewCity Lights,Park/Greenbelt,Panoramic,Trees/Woods

About this home

Are you a first time home buyer? This is the perfect home for you!!! Welcome to this beautifully upgraded, move-in ready townhome in the desirable Willow Glen Serrano community of Lake Forest. This 2-bedroom, 2.5-bath home offers 1,307 sq ft of stylish living with only one shared wall, giving you the comfort and feel of a single-family home. Step inside to soaring ceilings, clerestory windows, and a cozy fireplace that fills the living space with natural light. The kitchen features rich KraftMaid cabinetry, granite counters, and smart storage—including a built-in desk. All bathrooms are upgraded with quartz counters, and the spacious primary suite includes dual sinks and ample closet space. Property Sold As - Is Enjoy outdoor living with a fenced yard and covered patio, plus a private gated courtyard entry. HVAC with smart thermostat, dual-pane windows, and water heater. Tucked in a quiet, well-maintained community with pool, spa, tennis, parks, and more—this home offers low taxes, no Mello-Roos, and access to top-rated schools. This is Lake Forest living at its best—don’t miss it!

Nearby schools

3/10
Santiago Elementary School
Public,•K-6•1.6mi
5/10
Cordillera Elementary School
Public,•K-6•3.2mi
6/10
Serrano Intermediate School
Public,•7-8•1.6mi
7/10
El Toro High School
Public,•9-12•1.4mi
Condition Rating
Fair
The property, built in 1986, has undergone several positive upgrades including KraftMaid cabinetry and granite counters in the kitchen, quartz counters in the bathrooms, updated HVAC with a smart thermostat, and dual-pane windows. These improvements prevent it from being rated 'Poor'. However, the presence of red carpet in the bathroom is a significant aesthetic detractor and would likely require immediate replacement for most buyers, contradicting the 'move-in ready with no immediate renovation required' aspect of a 'Good' rating. Additionally, the kitchen floor tile appears dated, the dining room light fixture is older, and the laminate flooring shows some wear. The 'Sold As-Is' clause also suggests potential for minor repairs. While maintained, the mix of updated and outdated elements, particularly the bathroom carpet, places it firmly in the 'Fair' category, indicating it requires minor updates or repairs to meet modern expectations.
Pros & Cons

Pros

Extensive Upgrades & Modern Amenities: The home is 'beautifully upgraded' with KraftMaid cabinetry, granite/quartz counters, HVAC with smart thermostat, and dual-pane windows, making it move-in ready.
Desirable Community & Rich Amenities: Located in the 'desirable Willow Glen Serrano community' offering a 'quiet, well-maintained' environment with access to a pool, spa, tennis courts, and parks.
Financial Benefits: Features 'low taxes' and 'no Mello-Roos,' significantly reducing ongoing ownership costs.
Enhanced Privacy & Outdoor Spaces: Benefits from 'only one shared wall' for a single-family home feel, along with a 'fenced yard, covered patio, and private gated courtyard entry.'
Appealing Interior & Views: Boasts 'soaring ceilings, clerestory windows,' a cozy fireplace, and offers 'City Lights, Park/Greenbelt, Panoramic, Trees/Woods' views.

Cons

As-Is Sale Condition: The property is explicitly 'Sold As - Is,' transferring potential repair liabilities and risks to the buyer.
Significant Monthly Association Fee: A monthly association fee of $429.0 adds a substantial recurring cost to homeownership.
Recent Price Reduction: The list price has been reduced from $827,000 to $807,000, which may suggest a longer market time or initial overpricing.

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