21922 Erie Lane, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 3 bath

21922 Erie Lane, Lake Forest, California 92630 home-pic-0
ACTIVE$2,525,000
21922 Erie Lane, Lake Forest, California 92630
4Beds
3Baths
2,950Sqft
3,600Lot

Price Vs. Estimate

The estimated value ($2,525,000) is $0 (0%) lower than the list price ($2,525,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Waterfront Location: Direct lakefront access with a private boat dock and canal/main channel views, offering an exclusive and highly desirable lifestyle in the sought-after Lake Forest Keys community.
Top Cons:
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.

Compared to the nearby listings

Price:$2.52M vs avg $1.31M (+$1,215,000)95%
Size:2,950 sqft vs avg 2,130 sqft84%
Price/sqft:$856 vs avg $67589%

More Insights

Built in 1977 (48 years old).
Condition: Despite being built in 1977, this property has undergone an extensive and high-quality renovation, bringing it to current luxury standards. The kitchen features new white shaker cabinets, stainless steel appliances, a large island with a waterfall quartz countertop, and modern subway tile backsplash. Bathrooms are equally impressive with contemporary vanities, sleek black fixtures, backlit mirrors, and large format tile showers with glass enclosures. The entire home boasts new White Oak flooring, modern lighting, and a striking floating staircase, indicating a comprehensive renovation within the last 5 years. All components appear new or virtually new, with no signs of deferred maintenance.
Year Built
1977
Close
-
List price
$2.52M
Original List price
$2.7M
Price/Sqft
$856
HOA
$258
Days on market
-
Sold On
-
MLS number
OC25190047
Home ConditionExcellent
Features
Excellent View: Lake, Mountain(s), Panoramic
Deck
Patio
ViewLake, Mountain(s), Panoramic

About this home

Experience the Best of Waterfront Living on the Keys! Where timeless Spanish-inspired architecture meets stylish, contemporary design. From the moment you step through the private gated entry and double front doors, you’ll feel the unique charm this lakefront home offers. The open-concept layout features White Oak flooring throughout, seamlessly connecting the spacious living areas with stunning lake views as your backdrop. The thoughtfully designed kitchen opens to the main living and dining spaces, creating a perfect environment for hosting and entertaining. Expansive pocket doors off the living room lead to your own backyard retreat, complete with private boat dock and canal and main channel views—positioned for privacy with no direct neighbor across the water. Downstairs, you'll find a versatile bedroom and full bath ideal for guests, as well as a separate laundry room for added convenience. A striking floating staircase takes you to the second level, where floor-to-ceiling windows bathe the home in natural light. Upstairs, a spacious loft offers flexible use—perfect as a media room, office, or play area. The generous primary suite is a true sanctuary, featuring a cozy fireplace, a wall of windows overlooking the lake, and a private balcony to enjoy peaceful sunset views. The spa-like en-suite bath boasts a walk-in shower, standalone soaking tub, and an oversized walk-in closet with skylight. Two additional bedrooms and a full bathroom complete the upper level. This is your opportunity to own a slice of lakefront luxury in Lake Forest’s highly sought-after Keys community.

Nearby schools

7/10
Rancho Canada Elementary School
Public,K-60.9mi
6/10
Serrano Intermediate School
Public,7-80.9mi
7/10
El Toro High School
Public,9-121.1mi
Condition Rating
Excellent

Despite being built in 1977, this property has undergone an extensive and high-quality renovation, bringing it to current luxury standards. The kitchen features new white shaker cabinets, stainless steel appliances, a large island with a waterfall quartz countertop, and modern subway tile backsplash. Bathrooms are equally impressive with contemporary vanities, sleek black fixtures, backlit mirrors, and large format tile showers with glass enclosures. The entire home boasts new White Oak flooring, modern lighting, and a striking floating staircase, indicating a comprehensive renovation within the last 5 years. All components appear new or virtually new, with no signs of deferred maintenance.
Pros & Cons

Pros

Prime Waterfront Location: Direct lakefront access with a private boat dock and canal/main channel views, offering an exclusive and highly desirable lifestyle in the sought-after Lake Forest Keys community.
Modern & Stylish Renovation: Recently updated with contemporary design, White Oak flooring, a thoughtfully designed kitchen, and a striking floating staircase, blending timeless architecture with modern aesthetics.
Exceptional Views & Natural Light: Features stunning panoramic lake, canal, and mountain views from multiple vantage points, including a primary suite balcony, complemented by floor-to-ceiling windows that flood the home with natural light.
Functional & Versatile Layout: An open-concept layout, a versatile downstairs bedroom and full bath for guests, a separate laundry room, and a spacious upstairs loft provide excellent functionality and flexible living spaces.
Luxurious Primary Suite: A generous primary suite offers a private sanctuary with a fireplace, lake views, a private balcony, and a spa-like en-suite bath featuring a walk-in shower, standalone soaking tub, and oversized walk-in closet.

Cons

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.
Original Construction Age: Built in 1977, the underlying structure is over 45 years old, which, despite renovations, may lead to potential maintenance concerns or require updates to systems not mentioned as replaced.
Smaller Lot Size: The 3600 sqft lot size might be considered modest for a luxury lakefront property, potentially limiting extensive outdoor living space beyond the immediate patio and dock area.
Price Reduction History: Multiple price reductions from the original list price suggest potential market resistance or initial overpricing, which could impact future valuation or indicate a need for further adjustments.

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