21975 Trailway, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 2 bath
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21975 Trailway
Lake Forest, California 92630
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,818Sq Ft
7,350Lot Size
Property Price
LIST PRICE$1,299,000
EST. MARKET VALUE
$1,376,742
5% BelowMARKET VALUE
SUMMARY
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,376,743 Fair Market Value by 5%. This valuation gap offers $77,743 in Instant Equity. Featuring an Excellent Condition Rating, the home includes a heated saltwater spool, paid-off solar, and versatile bonus spaces. Located in the Saddleback Valley Unified district near top-rated schools, this property offers a premium lifestyle. It is an ideal acquisition for Owner-Occupants or discerning families seeking a modern, energy-efficient sanctuary.
Estimated Market Value
$1,376,742+$77,742 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Lake Forest.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21975 Trailway Subject | $1,299,000* List Price | 3 | 2 | 1,818 | $757 | - |
A 25341 Cheyenne Sold | $1,515,000 | 4 | 3 | 2,022 | $749 | 0.3 mi |
B 22382 Pepper Lane Sold | $1,360,000 | 4 | 3 | 1,846 | $737 | 0.9 mi |
C 22271 Parkwood Sold | $1,430,000 | 3 | 2 | 2,102 | $680 | 0.5 mi |
D 22061 Comanche Sold | $1,500,888 | 4 | 3 | 2,078 | $722 | 0.3 mi |
E 21352 Calle Sendero Sold | $1,487,500 | 4 | 2 | 1,946 | $764 | 0.6 mi |
F 22839 Ridge Route Lane Sold | $1,500,000 | 3 | 2 | 2,118 | $708 | 1.0 mi |
G 25396 Shawnee Sold | $1,300,000 | 4 | 3 | 2,078 | $626 | 0.3 mi |
H 24961 Ravenswood Sold | $1,410,000 | 4 | 3 | 2,253 | $626 | 0.4 mi |
I 22332 Fallen Leaf Active | $1,280,000 List Price | 3 | 2 | 1,908 | $671 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1977, the property has undergone extensive recent renovations and system upgrades. The kitchen and bathrooms feature modern finishes, and the home includes high-end systems such as paid-off solar, a tankless water heater, upgraded HVAC, and an EV charger, placing it in mint, move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7350, living area = 1818.
- Premium Energy & Utility Upgrades
The property is equipped with high-value, paid-off SunPower solar panels, a whole-house water filtration system, a tankless water heater, and an EV Level 2 charger, providing significant long-term cost savings and modern efficiency.
- Versatile Bonus Spaces
Unique functional additions including a climate-controlled finished shed and a soundproof Vocalbooth in the garage offer exceptional flexibility for remote work, creative studios, or a private home gym.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property does not offer any territorial or scenic views, which may be a disadvantage compared to other homes in the area that capitalize on the surrounding natural landscape.
- Vintage Structural Age
Built in 1977, the home may have aging core components or original structural elements that require more maintenance than a newer build, despite the extensive list of recent interior and utility upgrades.
About 21975 Trailway
Welcome to 21975 Trailway, a beautifully upgraded single-story home in Lake Forest with no interior steps and plenty of features designed for comfortable living, including 15-foot vaulted ceilings. The backyard is a standout, featuring a heated saltwater “spool” (spa/pool) with a Badu SwimJet system that transforms it into a resistance lap pool, a Separatt compostable restroom, and a finished shed with tongue-and-groove paneling and its own AC which is perfect for a pool house, home office, gym, or creative space. The home is equipped with paid-off SunPower/Enphase solar (20 panels) with a transferable 25-year warranty, an Aquasana whole-house water filtration system, Waterdrop reverse osmosis, automatic hot water in the kitchen, a tankless water heater, and upgraded AC/HVAC with a whole-house fan. The garage adds even more versatility with an EV Level 2 charger and a removable Vocalbooth soundproof room with its own dedicated AC, power, and ethernet. Residents also enjoy access to Lake Forest’s popular Sun & Sail Club, with its pool, lake, clubhouse, fitness center, and recreational amenities. The neighborhood is surrounded by nature trails and walking paths, making it easy to enjoy the outdoors right outside your door. Located within highly rated schools, including La Madera Elementary and El Toro High School, 21975 Trailway is a unique home with an impressive list of upgrades, all while offering the everyday comfort and convenience of single-story living.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 7,350 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $240.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
La Madera Elementary School
Grades K-6 • 0.7 mi
7/10
Santiago Elementary School
Grades K-6 • 0.7 mi
3/10
Serrano Intermediate School
Grades 7-8 • 0.8 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,818 | 2,240.102 |
| Lot Size | 7,350 | 5,415.915 |
| Price | $1.30M | $1.45M |
| Price per sq ft | $715 | $665 |
| Built year | 1977 | 1981 |
| HOA | $240.0 | $159 |
| Days on market | 14 | 47 |
Pricing History
Listed for Sale
Aug 26, 2026
$1,299,000
Initial Listing
Sold
Apr 17, 2017
$695,000
Public Record
Sold
Oct 22, 1997
$200,000
Public Record