
Lake Forest, California 92630
This property presents a High-Potential Investment Opportunity with a List Price of $895,000—positioned well above the $802,506 Fair Market Value by -11%. Featuring a Condition Rating of 5, the home requires a full cosmetic rehab to address dated cabinetry and worn flooring. Located in the Saddleback Valley Unified School District, the asset offers strong long-term appeal near major parks. This project is best suited for Fix-and-Flip Investors or Contractors capable of modernizing the 1,164 square foot floor plan to maximize market value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21642 Audubon Subject | $895,000* List Price | 3 | 2 | 1,164 | $689 | - |
A 26445 Sandy Creek Sold | $1,100,000 | 3 | 2 | 1,502 | $732 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1978 with mostly original features; the kitchen contains dated wood cabinetry and laminate countertops, popcorn ceilings are present throughout, and the flooring is heavily worn/stained, indicating the home requires a full cosmetic rehab.
Situated near the Lake Forest Sports Park and Baker Ranch Community Park, offering residents exceptional access to premier outdoor recreation and green spaces.
The property is located within the highly-regarded Saddleback Valley Unified School District, providing a significant draw for families prioritizing quality education.
Convenient access to major commuter routes and essential everyday amenities ensures a seamless lifestyle for working professionals and active households.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
At approximately 1,164 square feet for a three-bedroom layout, the interior living space may feel restrictive for buyers seeking larger common areas or expansive rooms.
Built in 1978, the home may require capital investment for modernizing original systems or aesthetic finishes to meet current contemporary standards.
Nestled in a well-established Lake Forest neighborhood, 21642 Audubon Way offers the perfect blend of comfort, convenience, and Southern California living. Built in 1978, this 3-bedroom, 2-bathroom single-family residence features approximately 1,164 square feet of living space on a 5,040 square foot lot with an attached 2-car garage. Residents enjoy close proximity to scenic outdoor spaces including Lake Forest Sports Park and Baker Ranch Community Park. Conveniently located near major commuter routes, award-winning schools, and everyday amenities, this home presents an exceptional opportunity to enjoy the Lake Forest lifestyle.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 22% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 1,164 | 2,236 | 4% |
| Lot Size | 5,040 | 5,227 | 46% |
| Price | $895.0K | $1.40M | 1% |
| Price per sq ft | $769 | $671 | 74% |
| Built year | 1978 | 1978 | 50% |
| HOA | $0 | $140 | 21% |
| Days on market | 22 | 123 | 5% |
May 15, 2026
$895,000
Initial Listing
Aug 30, 1999
$95,000
Public Record