22332 Fallen Leaf, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 2 bath
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22332 Fallen Leaf
Lake Forest, California 92630
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,908Sq Ft
7,000Lot Size
Property Price
LIST PRICE$1,249,000
EST. MARKET VALUE
$1,249,000
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,280,000—positioned well below the $1,354,563 Fair Market Value by 5%. This valuation gap offers $74,563 in Instant Equity for the buyer. Featuring a High-End Kitchen Remodel and a Condition Rating of 2, the property is pristine. Residents enjoy exclusive access to the Sun & Sail Club and proximity to Saddleback Valley Unified schools. This is an ideal acquisition for Owner-Occupants or growing families seeking a lifestyle-focused, turnkey residence.
Estimated Market Value
$1,249,000
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 |
|---|---|---|---|---|---|---|
★ 22332 Fallen Leaf Subject 3 bd · 2 ba · 1,908 sqft · $655 | $1,249,000* List Price | 3 | 2 | 1,908 | $655 | - |
A 21975 Trailway Sold 3 bd · 2 ba · 1,818 sqft · $748 · 0.4 mi | $1,359,000 | 3 | 2 | 1,818 | $748 | 0.4 mi |
B 22271 Parkwood Sold 3 bd · 2 ba · 2,102 sqft · $680 · 0.3 mi | $1,430,000 | 3 | 2 | 2,102 | $680 | 0.3 mi |
C 22382 Pepper Lane Sold 4 bd · 3 ba · 1,846 sqft · $737 · 0.6 mi | $1,360,000 | 4 | 3 | 1,846 | $737 | 0.6 mi |
D 25341 Cheyenne Sold 4 bd · 3 ba · 2,022 sqft · $749 · 0.5 mi | $1,515,000 | 4 | 3 | 2,022 | $749 | 0.5 mi |
E 24961 Ravenswood Sold 4 bd · 3 ba · 2,253 sqft · $626 · 0.0 mi | $1,410,000 | 4 | 3 | 2,253 | $626 | 0.0 mi |
F 24331 Blueridge Sold 4 bd · 3 ba · 1,906 sqft · $734 · 1.0 mi | $1,399,900 | 4 | 3 | 1,906 | $734 | 1.0 mi |
G 24451 Peacock St. Sold 3 bd · 2 ba · 1,723 sqft · $714 · 0.6 mi | $1,230,000 | 3 | 2 | 1,723 | $714 | 0.6 mi |
H 22821 Costa Bella Drive Sold 4 bd · 2 ba · 1,909 sqft · $707 · 0.7 mi | $1,350,000 | 4 | 2 | 1,909 | $707 | 0.7 mi |
I 25045 Castlewood Active 3 bd · 2 ba · 1,908 sqft · $655 · 0.1 mi | $1,250,000 List Price | 3 | 2 | 1,908 | $655 | 0.1 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 including a fully remodeled kitchen with new premium appliances, tastefully updated bathrooms, and new carpeting throughout. The home is in mint, move-in ready condition with no immediate maintenance required, meeting the criteria for a high-quality recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Community Amenities
Residents benefit from the Sun & Sail Club, offering extensive resort-style facilities including four pools, tennis and pickleball courts, a fitness center, and lake access for a relatively low monthly HOA fee.
- High-End Kitchen Remodel
The kitchen serves as a modern centerpiece with vaulted ceilings, solid cherry cabinetry, granite countertops, and a premium appliance package featuring a gas convection double oven.
- Versatile Multi-Generational Layout
The floor plan provides excellent flexibility for modern living, featuring a private upstairs primary retreat and a downstairs den fully enclosed to serve as a bedroom for guests or caregivers.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1977, the property may require more frequent maintenance of original core systems compared to newer builds, despite the high-quality interior renovations.
- Reduced Garage Utility
The conversion of a portion of the three-car garage into a bonus room reduces traditional covered parking and storage capacity, which may be a drawback for car enthusiasts or large households.
About 22332 Fallen Leaf
**Lake Forest Multi-Generational Home | 3 Bedrooms, Bonus Room, Large Backyard & Sun & Sail Club** Welcome to 22332 Fallen Leaf, a beautifully updated 3-bedroom, 2-bath home in the desirable Woods community of Lake Forest. Offering approximately 1,908 sq ft of living space on a generous 7,000 sq ft lot, this move-in-ready home combines comfortable everyday living with a flexible floor plan ideal for multi-generational households, remote work, guests and growing families. The versatile floor plan features a converted garage that provides a spacious bonus room, creating valuable additional living space that can be used as a home office, guest quarters, in-law-style space, gym, studio, playroom or private retreat. This added flexibility makes the home especially appealing to buyers who need separate space for family members, working from home or hobbies without sacrificing the three-bedroom layout. Inside, new premium carpeting with upgraded padding has been installed throughout, creating a fresh, clean and comfortable feel. The living areas provide an inviting setting for everyday life and entertaining, while the spacious private backyard extends the living space outdoors. The approximately 7,000 sq ft lot offers plenty of room for outdoor dining, gardening, play, pets, weekend gatherings or simply relaxing in your own private setting. Enjoy The Woods lifestyle with access to the **Sun & Sail Club**, offering resort-style recreation and amenities close to home. Sun & Sail Club membership is included through the HOA, with current HOA dues approximately $240 per month. The location is another standout feature, with **great schools within walking distance**, along with convenient access to Lake Forest shopping, dining, parks and trails. Irvine Spectrum Center is nearby for shopping, restaurants, entertainment and employment, with easy access to the **I-5, 241 Toll Road and 133 Toll Road** for commuting throughout Orange County. Whether you're searching for a **multi-generational home in Lake Forest**, flexible space for extended family, a dedicated home office, guest accommodations, a large backyard or access to the Sun & Sail Club, 22332 Fallen Leaf offers an appealing combination of space, updates, flexibility, schools, community amenities and location. A wonderful opportunity to enjoy an established Lake Forest community while creating a home that can adapt to your lifestyle for years to come.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 7,000 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
Santiago Elementary School
Grades K-6 • 0.4 mi
3/10
La Madera Elementary School
Grades K-6 • 0.6 mi
7/10
Serrano Intermediate School
Grades 7-8 • 0.4 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 | 1,908 | 2,188.592 |
| Lot Size | 7,000 | 5,557.578 |
| Price | $1.25M | $1.44M |
| Price per sq ft | $655 | $661 |
| Built year | 1977 | 1981 |
| HOA | $240.0 | $158 |
| Days on market | 137 | 50 |
Pricing History
Listed for Sale
Sep 29, 2026
$1,249,000
$1,269,000
-2% Price Drop
Initial Listing
Price Change
Sep 4, 2026
$1,269,000
$1,280,000
-1% Price Drop
Initial Listing
Price Change
Jun 10, 2026
$1,280,000
Initial Listing
Sold
Aug 12, 2024
$1,120,000
Public Record
Sold
Jun 19, 2002
$375,000
Public Record