21922 Erie, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 4 bath

21922 Erie, Lake Forest, California 92630 home-pic-0

21922 Erie

Lake Forest, California 92630

ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,950Sq Ft
3,600Lot Size

Property Price

LIST PRICE$2,450,000
EST. MARKET VALUE
$2,499,000

SUMMARY

Analysis of 21922 Erie, Lake Forest, California 92630 reveals a Fairly Priced Property with a current list price of $2,450,000  aligned with the estimated $2,499,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$2,499,000
Based on Realkey algorithm analyzing recent comparable sales in Lake Forest.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
21922 Erie
Subject
$2,450,000*
List Price
442,950$847-
A
24708 Toledo
Sold
$2,370,000432,426$9770.3 mi
B
21891 Winnebago Lane
Sold
$2,600,000342,595$1,0020.1 mi
C
21761 Tahoe Lane
Sold
$2,075,000332,160$9610.2 mi
D
22522 Lake Forest Lane
Sold
$2,070,000432,176$9510.6 mi
E
21961 Cayuga Lane
Active
$2,450,000
List Price
543,079$7960.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This 1977 home has undergone a comprehensive, high-end modern renovation within the last few years, effectively bringing it to new-construction standards. The interior features premium White Oak flooring, a designer open-concept kitchen, a dramatic floating staircase, and expansive pocket doors. The primary suite includes a spa-inspired bathroom with a soaking tub and walk-in shower, reflecting current luxury trends with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Premium Waterfront Location

    Situated in the exclusive Lake Forest Keys, this property features a private boat dock and rare canal-to-main-channel views with no direct neighbors across the water, offering a true resort-style lifestyle.

  • Modern Luxury Remodel

    The interior has been masterfully updated with an open-concept layout, White Oak flooring, and expansive pocket doors that seamlessly blend indoor and outdoor living spaces.

  • Sophisticated Primary Retreat

    The primary suite serves as a high-end sanctuary, boasting wall-to-wall lake views, a private balcony, a fireplace, and a spa-inspired bathroom with a soaking tub and oversized closet.

CONSRISKS & DEFICIENCIES

  • Low Available Lot Utilization

    The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 3600, living area = 2950.

  • Limited Lot Size

    With a 3,600 sqft lot for a nearly 3,000 sqft home, the property lacks traditional yard space, focusing almost entirely on the waterfront deck and dock area.

  • Waterfront Maintenance

    The 1977 construction combined with direct exposure to the lake environment may necessitate higher ongoing maintenance costs for the exterior structure and private dock.

About 21922 Erie

Just minutes from Irvine, yet feeling worlds away, this lakefront home in the sought-after Keys community offers a rare blend of convenience and resort-style living. Tucked along a quiet single road, the setting feels private and peaceful—like being on vacation every day. Behind a gated entry and double front doors, timeless Spanish-inspired architecture meets modern design in an open-concept layout with White Oak flooring and sweeping lake views throughout. The kitchen flows seamlessly into the main living and dining areas, ideal for entertaining, while expansive pocket doors open to a backyard retreat complete with a private boat dock and canal-to-main-channel views, with no direct neighbor across the water. A downstairs bedroom and full bath provide flexibility for guests, and a dedicated laundry room adds everyday convenience. Upstairs, a dramatic floating staircase leads to a light-filled loft perfect for a media room or office. The primary suite is a true escape, featuring a fireplace, wall-to-wall lake views, a private balcony, and a spa-inspired bath with soaking tub, walk-in shower, and oversized closet. Two additional bedrooms and a full bath complete the home. This is a rare opportunity to enjoy tranquil waterfront living just outside Irvine, where comfort, privacy, and location come together effortlessly.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1977
Lot Size
3,600 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$258.0 / Month

Neighborhood Insights

Lake Forest Unified Schools

Rancho Canada Elementary School

Grades K-6 • 0.9 mi

7/10

Serrano Intermediate School

Grades 7-8 • 0.9 mi

6/10

El Toro High School

Grades 9-12 • 1.1 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths4.03.0
77%
Square foot2,9502,185.5
81%
Lot Size3,6005,395
16%
Price$2.45M$1.37M
95%
Price per sq ft$831$675
86%
Built year19771978
48%
HOA$258.0$140
84%
Days on market50178
7%

Pricing History

Listed for Sale

Feb 14, 2026

$2,450,000

$2,499,000

-2% Price Drop

Initial Listing

Price Change

Jan 16, 2026

$2,499,000

Initial Listing

Sold

Sep 15, 2023

$2,200,000

Public Record

Sold

Feb 14, 2022

$1,395,000

Public Record

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