22572 Charwood Circle, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 3 bath
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Lake Forest, California 92630
This Versatile Single-Story Residence represents a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,372,964 Fair Market Value by 5%. This valuation gap offers $73,964 in Instant Equity. Featuring a Permitted 2021 ADU and an Updated Interior, the property maintains a Condition Rating of 2. With access to the Lake Forest Beach & Tennis Club and proximity to Saddleback Valley Unified schools, this home is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking multigenerational flexibility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22572 Charwood Circle Subject | $1,299,000* List Price | 4 | 3 | 2,071 | $663 | - |
A 24961 Ravenswood Sold | $1,410,000 | 4 | 3 | 2,253 | $626 | 0.3 mi |
B 24691 Shadowfax Sold | $1,470,000 | 4 | 3 | 2,215 | $664 | 0.1 mi |
C 22382 Pepper Lane Sold | $1,360,000 | 4 | 3 | 1,846 | $737 | 0.5 mi |
D 24631 Overlake Sold | $1,150,000 | 4 | 2 | 1,955 | $588 | 0.3 mi |
E 24331 Blueridge Sold | $1,399,900 | 4 | 3 | 1,906 | $734 | 0.7 mi |
F 22271 Parkwood Sold | $1,430,000 | 3 | 2 | 2,102 | $680 | 0.4 mi |
G 22839 Ridge Route Lane Sold | $1,500,000 | 3 | 2 | 2,118 | $708 | 0.3 mi |
H 22802 Belquest Sold | $1,430,000 | 4 | 3 | 2,490 | $574 | 0.2 mi |
I 24952 Singingwoods Active | $1,499,900 List Price | 4 | 3 | 2,253 | $666 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1970, the property underwent significant recent renovations including a permitted ADU built in 2021. The main house features a remodeled kitchen with stainless steel appliances, updated bathrooms, and modern flooring throughout, meeting the criteria for a comprehensive renovation within the last 5 years.
The 2021-built ADU with a private entrance and separate address offers exceptional versatility for rental income, a home office, or multigenerational living.
Membership to the Lake Forest Beach & Tennis Club provides access to resort-style facilities, including a beach lagoon, multiple pools, and extensive sports courts.
The interior boasts an open floor plan with vaulted ceilings and tastefully remodeled kitchen and bathrooms, combining classic architecture with modern finishes.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7000, other record lot size in square feet = 7067. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2071, other record living area = 1731. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The backyard is currently a 'blank canvas,' meaning buyers will need to budget for significant landscaping to create a functional outdoor oasis.
As a 1970s build, the property may have aging underlying systems that could necessitate future maintenance or upgrades beyond the visible renovations.
A rare opportunity to own one of the most versatile homes in Lake Forest's highly sought-after Woods community! This beautifully updated single-story residence features a permitted attached ADU—a true standout that offers exceptional flexibility for multigenerational living, extended guests, a private home office, or rental income. Built in 2021, the approximately 340-square-foot ADU includes its own private entrance, separate address, and in-unit laundry, creating endless possibilities for today's lifestyle. Inside the main home, you'll find three spacious bedrooms and two beautifully remodeled bathrooms, enhanced by soaring vaulted ceilings, abundant natural light, and an open, inviting floor plan. The tastefully updated kitchen flows effortlessly into the spacious family room, creating the perfect setting for everyday living and entertaining. Step outside to a large, private backyard that offers a blank canvas to create your dream outdoor oasis—whether that's a resort-style retreat, outdoor kitchen, garden, or play space. The spacious primary suite provides a peaceful escape with vaulted ceilings, a walk-in closet, and an updated en-suite bathroom featuring a walk-in shower. Two additional bedrooms are generously sized with ample closet space, providing comfort and flexibility for family and guests alike. Living in The Woods means enjoying exclusive membership to the renowned Lake Forest Beach & Tennis Club, where resort-style amenities include three swimming pools, a sandy beach lagoon, tennis and pickleball courts, basketball courts, sand volleyball, a fitness center, playgrounds, BBQ areas, and year-round community events. Surrounded by mature trees, scenic walking trails, and peaceful streets, this established neighborhood offers a tranquil setting just minutes from top-rated schools, shopping, dining, parks, and major commuter routes. With a low tax rate, no Mello-Roos, and the added value of a permitted attached ADU, this exceptional property offers a combination of lifestyle, flexibility, and investment potential that rarely comes to market.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,071 | 2,130 |
| Lot Size | 7,000 | 5,706 |
| Price | $1.30M | $1.44M |
| Price per sq ft | $627 | $664 |
| Built year | 1970 | 1979 |
| HOA | $240.0 | $150 |
| Days on market | 6 | 51 |
Jul 16, 2026
$1,299,000
Initial Listing
Jul 31, 2017
$690,000
Public Record