Realkey.ai
RealKey
‪(213) 433-7766‬

21992 Cayuga Lane, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 3 bath

21992 Cayuga Lane, Lake Forest, California 92630 home-pic-0
ACTIVE$1,549,500$2,679/sqft
Est. Value: $1,451,348
-6%
AboveEstimate
21992 Cayuga Lane, Lake Forest, California 92630
4Beds
3Baths
2,679Sqft
3,600Lot

Price Vs. Estimate

The estimated value ($1,451,347.67) is $98,152.33 (6%) lower than the list price ($1,549,500). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Lakeside Location & Views: The property directly backs to the lake, offering panoramic views of the lake, mountains, and greenbelt, situated within a highly walkable lakeside community.
Top Cons:
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2679, other record living area = 2194.

Compared to the nearby listings

Price:$1.55M vs avg $1.31M (+$239,500)72%
Size:2,679 sqft vs avg 2,116 sqft76%
Price/sqft:$578 vs avg $67225%

More Insights

Built in 1972 (54 years old).
Condition: The property, built in 1972, has undergone significant interior renovations, particularly in the kitchen and bathrooms. The kitchen features modern, high-end stainless steel appliances, granite countertops, and updated cabinetry, presenting a contemporary and functional space. Bathrooms show recent updates with modern vanities, lighting, and tile work, though some elements like the primary bathroom's tile countertop and vanity style appear slightly older than the secondary bathroom's. Flooring is a mix of well-maintained tile and newer-looking carpet. While the interior is largely move-in ready and aesthetically pleasing, the property's age (over 50 years) and the MLS's mention of potentially older underlying systems (plumbing, electrical, HVAC) prevent it from reaching an 'Excellent' score, as these systems are not explicitly stated to be new or extensively renovated within the last 5 years. However, the visible updates are substantial enough to classify it as 'Good'.
Year Built
1972
Close
-
List price
$1.55M
Original List price
$1.55M
Price/Sqft
$578
HOA
$358
Days on market
-
Sold On
-
MLS number
OC26003051
Home ConditionGood
Features
Excellent View: Park/Greenbelt, Lake, Mountain(s), Neighborhood, Panoramic
Deck
Patio
ViewPark/Greenbelt, Lake, Mountain(s), Neighborhood, Panoramic

About this home

The home sits in a position that feels open yet protected, where mature trees and long sightlines create a sense of calm from the moment you arrive. The setting shapes the experience throughout, with light, greenery, and outdoor space playing a constant role in how the home lives day to day. Inside, the main level is composed and spacious. The kitchen anchors the space with generous proportions, top of the line appliances, and a layout built for everyday use, opening naturally to the surrounding rooms and out to the backyard beyond. Large doors blur the line between indoors and out, extending the living space into a wide, private yard that backs directly to the lake. The backyard is one of the home’s defining elements. Open, private, and framed by the greenbelt, it offers a rare sense of scale and separation while remaining steps from the water’s edge. Positioned within a lakeside community known for its open space and walkability, the home offers a lifestyle that feels relaxed, intentional, and closely tied to its surroundings. Upstairs, a large loft introduces a second layer of flexibility, an adaptable space that can shift with the needs of the home over time. Bedrooms are thoughtfully placed for privacy, while the primary suite feels quietly removed, offering elevated views toward the greenery and nearby water and a sizable en suite bathroom. Overall, the result is a home that lives as well as it’s positioned. Open, adaptable, and closely connected to the landscape that surrounds it.

S
Shant Kizirian
Listing Agent

Nearby schools

7/10
Rancho Canada Elementary School
Public,•K-6•0.8mi
6/10
Serrano Intermediate School
Public,•7-8•0.8mi
7/10
El Toro High School
Public,•9-12•1.0mi

Price History

Date
Event
Price
05/15/00
Sold
$475,000
02/28/03
Sold
$540,000
Condition Rating
Good
The property, built in 1972, has undergone significant interior renovations, particularly in the kitchen and bathrooms. The kitchen features modern, high-end stainless steel appliances, granite countertops, and updated cabinetry, presenting a contemporary and functional space. Bathrooms show recent updates with modern vanities, lighting, and tile work, though some elements like the primary bathroom's tile countertop and vanity style appear slightly older than the secondary bathroom's. Flooring is a mix of well-maintained tile and newer-looking carpet. While the interior is largely move-in ready and aesthetically pleasing, the property's age (over 50 years) and the MLS's mention of potentially older underlying systems (plumbing, electrical, HVAC) prevent it from reaching an 'Excellent' score, as these systems are not explicitly stated to be new or extensively renovated within the last 5 years. However, the visible updates are substantial enough to classify it as 'Good'.
Pros & Cons

Pros

Prime Lakeside Location & Views: The property directly backs to the lake, offering panoramic views of the lake, mountains, and greenbelt, situated within a highly walkable lakeside community.
Exceptional Outdoor Living: Features a wide, private backyard framed by a greenbelt, steps from the water's edge, with large doors creating a seamless indoor-outdoor living experience.
Modern & Spacious Kitchen: The kitchen boasts generous proportions, top-of-the-line appliances, and an open layout designed for everyday use and entertaining, flowing naturally to surrounding rooms and the backyard.
Flexible Living Spaces: A large adaptable loft upstairs provides versatile space that can evolve with the homeowner's needs, adding significant functional value.
Thoughtful Design & Privacy: Mature trees and long sightlines create a serene atmosphere, with bedrooms thoughtfully placed for privacy and a primary suite offering elevated views and quiet removal.

Cons

MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 2679, other record living area = 2194.
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 = 2679.
Age of Property: Built in 1972, the property's age may imply older underlying systems (e.g., plumbing, electrical, HVAC) that could require future maintenance or upgrades, despite described interior updates.
Absence of Mentioned Cooling System: The description does not explicitly mention a cooling system (e.g., air conditioning), which could be a significant comfort consideration during warmer months in Lake Forest, CA.
Monthly Association Fee: A recurring monthly association fee of $358.0 adds to the cost of homeownership, which may be a financial consideration for potential buyers.
Browse Properties by State Browse housing market trends by state