21681 Johnstone Drive, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 3 bath
ACTIVE$1,579,000
21681 Johnstone Drive, Lake Forest, California 92630
4Beds
3Baths
2,509Sqft
6,218Lot
Price Vs. Estimate
The estimated value ($960,847.91) is $618,152.09 (39%) lower than the list price ($1,579,000). This property may be overpriced.
Key pros and cons
Top Pros:
Extensive Remodeling & Turn-key Condition: The property is described as 'highly remodeled' and offering a 'turn-key luxury living experience,' indicating significant recent upgrades and readiness for immediate occupancy.
Top Cons:
Significant Overpricing Relative to Valuation: The current listing price is considerably higher than the property's estimated value and recent comparable sales, potentially hindering marketability and requiring a price adjustment.
Compared to the nearby listings
Price:$1.58M vs avg $1.31M (+$269,000)74%
Size:2,509 sqft vs avg 2,130 sqft69%
Price/sqft:$629 vs avg $67438%
More Insights
Built in 1985 (40 years old).
Condition: The property, built in 1985, has been 'highly remodeled' with premium finishes such as marble flooring, granite kitchen countertops, custom cabinetry, and updated bathrooms featuring custom decorative marble and stone with frameless glass showers. The elegant custom iron staircase and overall 'turn-key luxury living experience' indicate a significant, high-quality renovation. While the style leans classic/traditional rather than ultra-modern, all components appear well-maintained and functional, requiring no immediate renovations. The renovation likely falls within the 5-15 year timeframe, aligning with the 'Good' condition criteria.
Year Built
1985
Close
-
List price
$1.58M
Original List price
$1.6M
Price/Sqft
$629
HOA
$120
Days on market
-
Sold On
-
MLS number
TR25102371
Home ConditionGood
Features
Good View: None
Patio
View-
About this home
Highly remodeled, gorgeous home in prestigious San Rita Ridge. Open floor plan with Marble flooring, upgraded carpet, French Doors, custom lighting, and crown molding. Remodeled Bathrooms are all detailed with custom decorative marble and stone. Beautiful kitchen with granite and cabinets. Shutters throughout. Elegant custom iron staircase. Built-in BBQ in the backyard with a lovely view of the park. Finished flooring in the garage. This property maintains perfect integrity in both construction and design, offering a turn-key luxury living experience.
Nearby schools
5/10
Lake Forest Elementary School
Public,•K-6•0.2mi
Condition Rating
Good
The property, built in 1985, has been 'highly remodeled' with premium finishes such as marble flooring, granite kitchen countertops, custom cabinetry, and updated bathrooms featuring custom decorative marble and stone with frameless glass showers. The elegant custom iron staircase and overall 'turn-key luxury living experience' indicate a significant, high-quality renovation. While the style leans classic/traditional rather than ultra-modern, all components appear well-maintained and functional, requiring no immediate renovations. The renovation likely falls within the 5-15 year timeframe, aligning with the 'Good' condition criteria.
Pros & Cons
Pros
Extensive Remodeling & Turn-key Condition: The property is described as 'highly remodeled' and offering a 'turn-key luxury living experience,' indicating significant recent upgrades and readiness for immediate occupancy.
Premium Interior Finishes: Features like Marble flooring, custom decorative marble and stone in bathrooms, granite kitchen countertops, custom lighting, crown molding, and an elegant custom iron staircase elevate the home's aesthetic appeal.
Desirable Open Floor Plan: The 'open floor plan' is a sought-after feature, enhancing spaciousness and flow for modern living and entertaining.
Prestigious Subdivision Location: Situated in 'prestigious San Rita Ridge,' the property benefits from a desirable neighborhood reputation.
Outdoor Entertainment Amenity: The backyard includes a 'built-in BBQ' and a 'lovely view of the park,' providing an attractive space for outdoor living and entertaining.
Cons
Significant Overpricing Relative to Valuation: The current listing price is considerably higher than the property's estimated value and recent comparable sales, potentially hindering marketability and requiring a price adjustment.
Absence of Premium Views: The property description explicitly states 'view: None,' which is a notable drawback compared to several nearby comparable properties that offer desirable views (e.g., city lights, mountains, pool, canyon).
Unspecified Major System Upgrades: Despite extensive cosmetic remodeling, the description does not mention updates to crucial systems such as HVAC, windows, or plumbing, which are often expected in homes of this age (1985) and could represent future costs for a buyer.