22248 Summit Hill Drive 8, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 3 bath

22248 Summit Hill Drive 8, Lake Forest, California 92630 home-pic-0
ACTIVE$875,000
22248 Summit Hill Drive 8, Lake Forest, California 92630
3Beds
3Baths
1,620Sqft
1,500Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Community Amenities: The property benefits from great community amenities, including two sets of pools/spas, tennis courts, and basketball courts, enhancing lifestyle and recreational opportunities.
Top Cons:
Substantial Monthly Association Fee: The $520.0 monthly association fee is a significant ongoing cost that could impact buyer affordability and long-term expenses.

Compared to the nearby listings

Price:$875.0K vs avg $865.0K (+$10,000)55%
Size:1,620 sqft vs avg 1,442 sqft64%
Price/sqft:$540 vs avg $58523%

More Insights

Built in 1986 (39 years old).
Condition: The property was built in 1986, making it 38 years old. While the exterior appears well-maintained, the age suggests that interior finishes, particularly in the kitchen and bathrooms, are likely original or have undergone older renovations (15-30 years ago). The MLS analysis explicitly notes the potential for original systems and finishes requiring updates. Without images of the kitchen or bathrooms, and given the property's age, it's reasonable to assume these areas would benefit from minor updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria.
Year Built
1986
Close
-
List price
$875K
Original List price
$875K
Price/Sqft
$540
HOA
$520
Days on market
-
Sold On
-
MLS number
OC25163209
Home ConditionFair
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

Spectacular opportunity to own this beautiful paired home, featuring a vast 1605 square feet and 3 bedrooms / 2.5 baths. While only attached on one side, this home truly feels like a single family detached home, especially given the lush grass area just outside the front entryway. This home offers a cozy fireplace in the spacious family room, a formal dining room, kitchen with nook, and a 2 car direct access garage. Enclosed, low maintenance backyard with nice views. Great community amenities, such as 2 sets of pools/spas, tennis and basketball courts. Convenient access to great restaurants and transportation corridors. Priced to sell!

Nearby schools

5/10
Lake Forest Elementary School
Public,K-60.3mi
Condition Rating
Fair

The property was built in 1986, making it 38 years old. While the exterior appears well-maintained, the age suggests that interior finishes, particularly in the kitchen and bathrooms, are likely original or have undergone older renovations (15-30 years ago). The MLS analysis explicitly notes the potential for original systems and finishes requiring updates. Without images of the kitchen or bathrooms, and given the property's age, it's reasonable to assume these areas would benefit from minor updates to meet current aesthetic and functional standards, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Extensive Community Amenities: The property benefits from great community amenities, including two sets of pools/spas, tennis courts, and basketball courts, enhancing lifestyle and recreational opportunities.
Single-Family Home Ambiance: Despite being a paired home, its design and the lush grass area outside the front entryway create the desirable feel and privacy of a detached single-family residence.
Prime Location & Accessibility: Offers convenient access to a variety of restaurants and major transportation corridors, making daily commutes and errands highly efficient.
Private Backyard with Views: Features an enclosed, low-maintenance backyard that provides privacy and pleasant 'Trees/Woods' views, offering a serene outdoor space.
Direct Access Two-Car Garage: Includes a practical and highly sought-after two-car direct access garage, providing secure parking and convenient entry into the home.

Cons

Substantial Monthly Association Fee: The $520.0 monthly association fee is a significant ongoing cost that could impact buyer affordability and long-term expenses.
Attached Home Structure: As a 'paired home' or townhouse, it shares a wall with an adjacent unit, which may not appeal to all buyers specifically seeking a fully detached property.
Age of Property (Potential for Updates): Built in 1986, the property is nearly 40 years old, suggesting that some interior finishes, systems, or appliances may be original and could require future updates or renovations.

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