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22541 Lake Forest Lane, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 4 bath

22541 Lake Forest Lane, Lake Forest, California 92630 home-pic-0
ACTIVE$1,097,000
22541 Lake Forest Lane, Lake Forest, California 92630
2Beds
4Baths
1,650Sqft
4,290Lot

Price Vs. Estimate

The estimated value ($721,942.99) is $375,057.01 (34%) lower than the list price ($1,097,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensively Remodeled Interior: The home features completely remodeled bathrooms with custom cabinetry and a kitchen with new white cabinetry, soft-close features, and new appliances, offering a modern, move-in ready living space.
Top Cons:
Significant Discrepancy in Valuation: The current listing price of $1,097,000 is substantially higher than the estimated property value of $721,942.99, potentially impacting market appeal and buyer interest.

Compared to the nearby listings

Price:$1.10M vs avg $1.31M ($-213,000)15%
Size:1,650 sqft vs avg 2,120 sqft22%
Price/sqft:$665 vs avg $67446%

More Insights

Built in 1976 (49 years old).
Condition: Despite being built in 1976, the property has undergone extensive and recent renovations. The listing explicitly states 'completely remodeled Bathrooms & Vanities,' 'Kitchen all New White Cabinetry... & all New Appliances,' and 'New dual Paned windows' throughout. The images showcase modern, clean finishes, including updated flooring and ceiling fans, consistent with a property that has been brought up to current quality standards with virtually new components and no deferred maintenance.
Year Built
1976
Close
-
List price
$1.1M
Original List price
$1.15M
Price/Sqft
$665
HOA
$273
Days on market
-
Sold On
-
MLS number
PW25132611
Home ConditionExcellent
Features
Patio
View-

About this home

BACK ON THE MARKET!! This home is a total 10. Completely remodeled Bathrooms & Vanities with Large Custom Linen Cabinetry. Kitchen all New White Cabinetry Drawers and Doors with soft self Closing feature & all New Appliances. New dual Paned windows in Living room-Letting in Lots of Light, Kitchen and both Bedrooms with Dual Pane Windows. This home has two Master Suites - one up and one down. Smooth Ceilings thru-out home. Two Car Garage enters thru the Kitchen. Large closet spaces, and this home has a Driveway. Extensive Hardscape that is very sharp, three Patios. Come see and be pleased with the spaciousness. There is a Storage Room beyond bathroom UP. Extra large closets. There is a Solar system Leased and makes it reduce Electricity consumption, two options to transfer. Must call Gus or tenant to show.

Nearby schools

3/10
Santiago Elementary School
Public,•K-6•0.9mi
6/10
Serrano Intermediate School
Public,•7-8•0.6mi
7/10
El Toro High School
Public,•9-12•1.1mi
Condition Rating
Excellent
Despite being built in 1976, the property has undergone extensive and recent renovations. The listing explicitly states 'completely remodeled Bathrooms & Vanities,' 'Kitchen all New White Cabinetry... & all New Appliances,' and 'New dual Paned windows' throughout. The images showcase modern, clean finishes, including updated flooring and ceiling fans, consistent with a property that has been brought up to current quality standards with virtually new components and no deferred maintenance.
Pros & Cons

Pros

Extensively Remodeled Interior: The home features completely remodeled bathrooms with custom cabinetry and a kitchen with new white cabinetry, soft-close features, and new appliances, offering a modern, move-in ready living space.
Enhanced Energy Efficiency: Equipped with new dual-pane windows throughout the living room, kitchen, and bedrooms, along with a leased solar system designed to reduce electricity consumption.
Flexible Dual Master Suites: The unique layout includes two master suites, one on each level, providing versatility and privacy for various living arrangements.
Generous Outdoor Living & Parking: Boasts extensive, sharp hardscaping with three distinct patios for outdoor enjoyment, complemented by a private driveway and a two-car garage.
Ample Storage Solutions: Offers large closet spaces throughout the home, including an additional storage room upstairs, catering to practical storage needs.

Cons

Significant Discrepancy in Valuation: The current listing price of $1,097,000 is substantially higher than the estimated property value of $721,942.99, potentially impacting market appeal and buyer interest.
High Monthly Association Fees: A monthly association fee of $273.0 is notable and represents an ongoing cost that could be a deterrent for some prospective buyers.
Limited Bedroom Count: With only two bedrooms, the property may cater to a narrower demographic compared to larger homes available in the area, potentially limiting its market reach.

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