22198 Cedar Pointe 1f, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 1 bath
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Lake Forest, California 92630
This Turnkey Upper-Level Condominium is a Strong Value Opportunity, listed at $575,000—positioned well below the $593,998 Fair Market Value by 3%. This valuation gap offers $18,998 in Instant Equity for the incoming owner. Boasting a Good Condition Rating, the interior features modern vinyl plank flooring, granite countertops, and essential in-unit laundry with central A/C. Residents enjoy a private balcony and resort-style amenities including a pool and spa. Located in the Saddleback Valley Unified district, it provides walking-distance access to top-rated schools. This move-in-ready residence is an ideal match for first-time buyers or Owner-Occupants seeking a polished lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22198 Cedar Pointe 1f Subject | $575,000* List Price | 2 | 1 | 957 | $621 | - |
A 21931 Rimhurst 124k Sold | $549,000 | 2 | 1 | 829 | $662 | 0.3 mi |
B 22201 Center Pointe Sold | $440,000 | 1 | 1 | 625 | $704 | 0.0 mi |
C 25671 Le Parc 82 Sold | $554,995 | 2 | 1 | 852 | $651 | 0.1 mi |
D 21941 Rimhurst Sold | $559,000 | 2 | 1 | 829 | $674 | 0.3 mi |
E 22722 Malaga Sold | $505,000 | 2 | 1 | 873 | $578 | 0.7 mi |
F 25885 Trabuco Rd 41 Sold | $570,000 | 2 | 2 | 1,190 | $479 | 0.3 mi |
G 25701 View Pointe Active | $550,000 List Price | 2 | 1 | 957 | $575 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant cosmetic updates, including modern vinyl plank flooring throughout and granite countertops in the kitchen. While the building dates to 1982, the interior has been well-maintained with updated surfaces and central A/C. It falls into the 'good' category rather than 'excellent' because some elements, such as the kitchen's fluorescent light box and black appliances, are functional but not part of a full high-end contemporary renovation.
The condo features contemporary granite countertops and vinyl flooring throughout, providing a move-in-ready aesthetic that appeals to modern buyers.
Equipped with central A/C and in-unit laundry, this property offers high-demand conveniences that are often missing in older condominium complexes.
Located within the Saddleback Valley Unified School District, the property is within walking distance to top-rated schools like La Madera Elementary.
The two-bedroom layout is served by only a single bathroom, which may be a disadvantage for roommates or small families seeking more privacy.
The unit includes an assigned carport rather than a private garage, potentially limiting options for secure storage and multi-vehicle households.
Upper-level condo in desirable Cedar Pointe featuring an open floor plan, granite countertops, and vinyl flooring throughout. Bright living area with fireplace opens to a private balcony. Includes in-unit laundry, central A/C, and assigned carport. Community amenities include pool, spa, and greenbelts. Conveniently located near shopping, dining, and top-rated schools.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 1.1 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 957 | 1,022 | 44% |
| Lot Size | 174,115 | 167,937 | 53% |
| Price | $575.0K | $610.0K | 43% |
| Price per sq ft | $601 | $601 | 50% |
| Built year | 1982 | 1983 | 39% |
| HOA | $270.0 | $460 | 10% |
| Days on market | 11 | 155 | 1% |
Apr 11, 2026
$575,000
Initial Listing
Mar 4, 1999
$117,000
Public Record