
Lake Forest, California 92630
This Architecturally Stunning Residence represents a Strong Value Opportunity, listed at $1,999,000—positioned well below the $2,126,306 Fair Market Value by 5%. This valuation gap offers $127,306 in Instant Equity. Featuring a Mint Condition Rating, the home boasts a renovated kitchen, panoramic lake views, and a versatile bonus space with ADU potential. Located in the Saddleback Valley Unified district, this property is an ideal sanctuary for Owner-Occupants or Multi-Generational Families seeking a turnkey, resort-style lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21886 Winnebago Subject | $1,999,000* List Price | 4 | 3 | 2,916 | $694 | - |
A 21922 Erie Sold | $2,305,000 | 4 | 4 | 2,950 | $781 | 0.2 mi |
B 21992 Cayuga Lane Sold | $1,549,500 | 4 | 3 | 2,679 | $578 | 0.2 mi |
C 24206 Okeechobee Lane Sold | $1,675,000 | 4 | 3 | 1,975 | $848 | 0.4 mi |
D 22761 Islamare Lane Sold | $1,530,000 | 4 | 3 | 2,436 | $628 | 0.9 mi |
E 21961 Cayuga Lane Active | $2,450,000 List Price | 5 | 4 | 3,079 | $796 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1973, the property has undergone a comprehensive recent renovation (within <5 years) featuring an exquisitely updated kitchen with brand-new high-quality appliances and beautifully renovated bathrooms. The interior is in mint condition with new paint, designer lighting, and modern flooring throughout, requiring no immediate maintenance.
Designed by a USC-educated architect, this home features custom glass walls and panoramic lake vistas that maximize natural light and create a sophisticated, modern aesthetic.
The large bonus space above the garage includes a private entrance, kitchenette, and laundry hookups, providing an ideal setup for a self-contained ADU, guest suite, or executive office.
Residents benefit from the Sun & Sail Club's resort-style facilities, including a private bar, multiple pools, a fitness center, and courts for tennis and pickleball.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3300, living area = 2916.
At 3,300 square feet, the lot is relatively small for a home of nearly 3,000 square feet, which significantly limits private outdoor yard space and garden areas.
Wake up to peaceful waterfront views and enjoy the relaxed lifestyle of the Lake Forest Keys. As one of the largest homes in the community, every detail was thoughtfully conceived to evoke a remarkable sense of light, space, and modern elegance. Walls of custom glass and carefully curated sightlines frame the views with intention, inviting the outdoors in and enveloping the home in a luxurious aura of calm, light and space. The home has been recently refreshed with sophisticated new interior paint, designer lighting, and beautifully renovated bathrooms that blend modern elegance with timeless style. The exquisitely updated kitchen is perfect for entertaining and features plenty of counter space and storage with two islands, a prep sink, and brand-new high-quality appliances. A masterpiece of design, the primary suite features walls of custom glass highlighting panoramic lake vistas, integrating the natural light and reflections of the water into the home’s architectural rhythm, where the interplay of light and water creates a daily work of art. Glass doors open to a private terrace for an effortless connection to the serene outdoors. Two additional upstairs bedrooms offer refined comfort for family or guests, while a substantial bright and open bonus space above the garage provides exceptional versatility—ideal as a secondary living area, media lounge, executive home office, or private guest suite. With its own exterior entrance, kitchenette, additional closet space,, and laundry hookups, this space also offers the potential for a fully self-contained ADU. Walk to the nearby community clubhouse at the Sun & Sail club which offers resort-like amenities including a private bar and lounge just for residents, a fully equipped indoor gym, multiple pools, a spa, and tennis, pickleball and other sports courts. If you are looking for an extraordinary home AND a quintessential Southern California lifestyle, this is it!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,916 | 2,130 |
| Lot Size | 3,300 | 5,706 |
| Price | $2.00M | $1.44M |
| Price per sq ft | $686 | $664 |
| Built year | 1973 | 1979 |
| HOA | $343.0 | $150 |
| Days on market | 35 | 51 |
Jun 17, 2026
$1,999,000
Initial Listing
Nov 23, 1999
$250,000
Public Record