22045 Lakeland, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 1 bath
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Lake Forest, California 92630
This Single-Level Condominium represents a High-Potential Investment Opportunity, listed at $660,000—positioned above the $628,812 Fair Market Value. While the property carries a Fair Condition Rating due to its 1971 vintage, it offers a functional layout with a large used-brick patio and attractive wooden flooring. Located in the Saddleback Valley Unified district, this end-unit provides a rare entry point into the Lake Forest market. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build value through cosmetic modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22045 Lakeland Subject | $660,000* List Price | 3 | 1 | 1,164 | $540 | - |
A 25671 Le Parc 8 Sold | $625,000 | 3 | 2 | 1,123 | $557 | 1.0 mi |
B 22722 Malaga Sold | $505,000 | 2 | 1 | 873 | $578 | 0.9 mi |
C 25652 Rimgate Drive 1d Sold | $515,000 | 2 | 1 | 899 | $573 | 1.0 mi |
D 25214 Tanoak Lane Sold | $711,000 | 2 | 2 | 1,207 | $589 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1971 (53 years old) and while described as beautifully maintained with updated wooden flooring, it remains dated with features like mirrored walls and older finishes. It appears functional and move-in ready, but the age of the structure and lack of a comprehensive modern renovation to the kitchen and baths within the last 15 years place it in the fair category.
Ideally situated directly across from the Sun & Sail Club, offering residents easy access to premium community facilities and close proximity to Irvine's major tech and innovation hubs.
As the lowest-priced home currently available in Lakeside Park, this property offers a rare entry point into the area with the added financial benefit of no Mello Roos and a low tax rate.
This single-level residence is attached on only one side, providing enhanced privacy, a large used-brick patio for outdoor living, and a functional floor plan with no stairs.
With three bedrooms but only one bathroom, the property may face challenges accommodating larger families or guests, potentially impacting its competitive appeal compared to units with 1.5 or 2 baths.
Built in 1971, the property may require updates to its original infrastructure or systems to meet the modern standards expected by buyers in the high-tech 'Silicon Valley of Southern California' corridor.
Lowest Priced Lakeside Park Home Currently on the Market! Ideally located directly across from the highly sought-after Lake Forest Sun & Sail Club, this beautifully maintained single-level end-unit home offers the perfect blend of comfort, privacy, and convenience. Attached on only one side, this charming residence features 3 spacious bedrooms and attractive wooden flooring throughout, creating a warm and inviting atmosphere. Step outside to a large, beautifully crafted used-brick patio offering exceptional privacy — an ideal space for morning coffee, outdoor dining, entertaining guests, or simply relaxing in peace. The thoughtful single-level layout provides easy living and excellent functionality for everyday comfort. Situated in the heart of Lake Forest, this home is just minutes away from Irvine and the “Silicon Valley of Southern California,” home to major tech, biotech, and innovation companies, making it an excellent location for both homeowners and commuters alike. Enjoy close proximity to shopping, dining, parks, walking trails, top-rated schools, and convenient freeway access. With no Mello Roos, a low tax rate, and access to outstanding community amenities through the Sun & Sail Club, this is an incredible opportunity to own one of the best values in the area. Don’t miss your chance to own this rare Lakeside Park gem!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 1,164 | 1,100 | 54% |
| Lot Size | 1,950 | 167,937 | 31% |
| Price | $660.0K | $610.0K | 55% |
| Price per sq ft | $567 | $603 | 35% |
| Built year | 1971 | 1983 | 1% |
| HOA | $400.0 | $475 | 33% |
| Days on market | 0 | 130 | 5% |
May 16, 2026
$660,000
Initial Listing
Dec 22, 2000
$183,000
Public Record