21211 Serra Vista, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 3 bath
Loading property details...
21211 Serra Vista
Lake Forest, California 92630
ACTIVE
CONDITION: FAIR
3Beds
3Baths
1,700Sq Ft
0Lot Size
Property Price
LIST PRICE$863,000
EST. MARKET VALUE
$861,137
SUMMARY
This High-Potential Investment Opportunity is listed at $899,000, positioned slightly above the $876,294 Fair Market Value. While the property requires modernization, it features a Condition Rating of 4, supported by critical infrastructure upgrades like PEX piping and new vinyl fencing. The largest floor plan in the community offers significant upside for value-add renovations. Located in the Saddleback Valley Unified School District, this home provides a stable foundation for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic interior updates.
Estimated Market Value
$861,137
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 |
|---|---|---|---|---|---|---|
★ 21211 Serra Vista Subject | $863,000* List Price | 3 | 3 | 1,700 | $507 | - |
A 25251 Baja Mar Sold | $880,000 | 3 | 3 | 1,674 | $526 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1986 (38 years old), the home is functional but dated. While it features important system updates like PEX piping and some cosmetic improvements like granite bathroom counters, the cabinetry and gold-framed shower enclosures are aged. The listing explicitly highlights the 'opportunity to upgrade,' aligning with the Fair criteria for a property needing modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Infrastructure Upgrades
The home has been fully re-piped with PEX and features new vinyl fencing, addressing major maintenance concerns and providing long-term durability for the buyer.
- Spacious Layout & Views
Boasting the largest floor plan in the community at 1,700 sqft, the property offers a generous living space enhanced by breathtaking sunset and city light views.
- Prime Location & Amenities
Situated in the high-ranking Saddleback Valley Unified School District, the home offers low taxes and proximity to Irvine Spectrum, Lake Forest Sports Park, and extensive community recreation facilities.
CONSRISKS & DEFICIENCIES
- Interior Modernization Needed
The property is noted as having 'opportunity to upgrade,' suggesting that the interior finishes may be dated and require additional investment to achieve a contemporary look.
- High Association Fees
The monthly association fee of $515 is relatively high, which increases the total monthly carrying cost and may affect the purchasing power of budget-conscious buyers.
About 21211 Serra Vista
Beautiful 3-Bedroom with Breathtaking Sunset Viewsnew. All 3 bedrooms are conveniently located upstairs. 2 full bathrooms, including a primary bathroom with a shower and double vanity, a second full bathroom with a shower and bathtub, and a convenient downstairs half bathroom. The upstairs features comfortable carpeting, while the downstairs offers beautiful tile flooring. Spacious living room featuring a cozy fireplace, complemented by a formal dining room, perfect for entertaining guests and enjoying family gatherings. Largest floor plan in the community. Low taxes. Kitchen has an attached Breakfast Bar leading to the Family room/office/breakfast nook. Separate Laundry room. This is a jewel with so much opportunity to upgrade the way you want. The whole home has been re-piped with PEX. New vinyl fencing. Enjoy community spa/pool, baseball, tennis, basketball, picnic areas, Tamarisk Park, Peachwood Park, and Tot Lot. Close proximity to Irvine Spectrum and Foothill Ranch, dining, entertainment, etc.; high ranking schools in the Saddleback Unified School District, close to Lake Forest Sports Park and walking trails.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1986
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $515.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Santiago Elementary School
Grades K-6 • 1.6 mi
3/10
Cordillera Elementary School
Grades K-6 • 3.2 mi
5/10
Serrano Intermediate School
Grades 7-8 • 1.6 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,700 | 1,424.929 |
| Lot Size | - | 50,726.571 |
| Price | $863.0K | $814.6K |
| Price per sq ft | $508 | $599 |
| Built year | 1986 | 1989 |
| HOA | $515.0 | $431 |
| Days on market | 50 | 53 |
Pricing History
Listed for Sale
Sep 1, 2026
$863,000
$878,000
-2% Price Drop
Initial Listing
Price Change
Jul 29, 2026
$878,000
$899,000
-2% Price Drop
Initial Listing
Price Change
Jul 21, 2026
$899,000
Initial Listing
Sold
Jun 29, 2010
$407,500
Public Record
Sold
Aug 6, 2004
$532,500
Public Record
Sold
May 28, 2004
$420,000
Public Record
Sold
Jan 7, 1999
$192,500
Public Record