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

21922 Erie
Lake Forest, California 92630
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21922 Erie Subject | $2,450,000* List Price | 4 | 4 | 2,950 | $847 | - |
A 24708 Toledo Sold | $2,370,000 | 4 | 3 | 2,426 | $977 | 0.3 mi |
B 21891 Winnebago Lane Sold | $2,600,000 | 3 | 4 | 2,595 | $1,002 | 0.1 mi |
C 21761 Tahoe Lane Sold | $2,075,000 | 3 | 3 | 2,160 | $961 | 0.2 mi |
D 22522 Lake Forest Lane Sold | $2,070,000 | 4 | 3 | 2,176 | $951 | 0.6 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.
Condition Analysis
OVERALL CONDITION SCORE
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
Serrano Intermediate School
Grades 7-8 • 0.9 mi
El Toro High School
Grades 9-12 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 77% |
| Square foot | 2,950 | 2,185.5 | 81% |
| Lot Size | 3,600 | 5,395 | 16% |
| Price | $2.45M | $1.37M | 95% |
| Price per sq ft | $831 | $675 | 86% |
| Built year | 1977 | 1978 | 48% |
| HOA | $258.0 | $140 | 84% |
| Days on market | 50 | 178 | 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





















































