21272 Forest Meadow, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 3 bath
21272 Forest Meadow
Lake Forest, California 92630
Property Price
SUMMARY
Analysis of 21272 Forest Meadow, Lake Forest, California 92630 reveals a Fairly Priced Property with a current list price of $1,100,000 aligned with the estimated $1,097,367 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Lake Forest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21272 Forest Meadow Subject | $1,100,000* List Price | 4 | 3 | 1,644 | $667 | - |
A 22081 Broken Bow Drive Sold | $1,182,000 | 4 | 3 | 1,875 | $630 | 0.8 mi |
B 21822 Shenandoah Sold | $1,260,000 | 4 | 3 | 1,941 | $649 | 0.5 mi |
C 21365 Monterra Sold | $1,415,000 | 4 | 3 | 2,114 | $669 | 0.6 mi |
D 26151 Owl Court Sold | $1,030,000 | 3 | 3 | 1,662 | $620 | 0.9 mi |
E 26731 Laredo Ln Sold | $1,190,000 | 3 | 3 | 1,724 | $690 | 0.8 mi |
F 27172 Valleymont Rd. Active | $1,249,000 List Price | 4 | 3 | 1,644 | $760 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained, featuring key updates such as granite countertops in the kitchen and laminate flooring throughout. While the structure dates back to 1978, the interior shows evidence of renovations that provide a contemporary feel, and the home appears to have no immediate need for major repairs or deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is ideally situated near the Lake Forest Park and Recreation Center, shopping, and major freeways, offering high convenience and a desirable 'green area' setting.
- Functional Family Layout
With four bedrooms and three bathrooms, the home provides an efficient floor plan that accommodates larger families, featuring a dedicated family room for relaxation.
- Modern Kitchen Finishes
The kitchen features granite countertops and laminate flooring, providing a contemporary aesthetic and durable surfaces that are ready for immediate use.
CONSRISKS & DEFICIENCIES
- Market Positioning
A recent price reduction from the original list price of $1.199M to $1.1M suggests the property may have been initially overpriced for its size and condition.
- Compact Living Space
At 1,644 square feet for a four-bedroom home, the interior spaces and individual room sizes may feel constrained compared to other single-family residences in the area.
About 21272 Forest Meadow
This Great home offer 4 bedrooms and 3 bathrooms in 1,644Sqft, 2 stories. Well located near the Lake Forest Park and Recreation Center. Bedrooms have good sizes. You and your familly will leave in a very green area. All bedrooms up. It has Family Room when you can relax with your family. Kitchen has Granite Counter, Laminate flooring, Back Yard to entertain your family and friends. It location is near shoping, Restaurants and freeways. Bring your buyers and show them how can start this yearr with this lovely property.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1978
- Lot Size
- 5,085 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,644 | 2,179 | 19% |
| Lot Size | 5,085 | 5,395 | 45% |
| Price | $1.10M | $1.36M | 14% |
| Price per sq ft | $669 | $675 | 49% |
| Built year | 1978 | 1978 | 50% |
| HOA | $0 | $140 | 26% |
| Days on market | 26 | 178 | 2% |
Pricing History
Listed for Sale
Feb 27, 2026
$1,100,000
$1,199,000
-8% Price Drop
Initial Listing
Price Change
Feb 9, 2026
$1,199,000
Initial Listing
Sold
Dec 29, 2006
$650,000
Public Record
Sold
Dec 29, 2006
$490,000
Public Record
Sold
Jul 22, 1994
$198,000
Public Record