22733 Islamare, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 4 bath

22733 Islamare, Lake Forest, California 92630 home-pic-0

22733 Islamare

Lake Forest, California 92630

ACTIVE
CONDITION: EXCELLENT
4Beds
4Baths
2,367Sq Ft
4,300Lot Size

Property Price

LIST PRICE$1,580,000
EST. MARKET VALUE
$1,437,066
9% AboveMARKET VALUE

SUMMARY

Analysis of 22733 Islamare, Lake Forest, California 92630 reveals a property with a current list price of $1,580,000, which is 9% above the estimated $1,437,066 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lake Forest Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,437,066
Based on Realkey algorithm analyzing recent comparable sales in Lake Forest.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
22733 Islamare
Subject
$1,580,000*
List Price
442,367$607-
A
22741 Islamare Lane
Sold
$1,280,000432,367$5410.0 mi
B
22482 Lake Forest Lane
Sold
$1,150,000432,101$5470.3 mi
C
22661 Pine Lake Lane
Sold
$1,660,000432,001$8300.2 mi
D
24465 Peacock
Sold
$1,300,000432,444$5320.6 mi
E
22832 Larkin Street
Sold
$1,310,000432,530$5180.5 mi
F
22576 Lake Forest Lane
Sold
$1,575,000432,333$6750.2 mi
G
24751 Woodhill Ln
Active
$1,245,000
List Price
432,404$5180.4 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although originally built in 1974, the property has undergone a comprehensive, year-long professional renovation and reconstruction completed within the last year. The home features a fully modernized open-concept layout, high-end contemporary finishes in the kitchen and bathrooms, and a complete electrical system upgrade with all permits and inspections finalized, meeting the criteria for a like-new, fully renovated residence.

PROSSTRENGTHS & OPPORTUNITIES

  • Panoramic Lake Views

    The property offers exceptional, unobstructed water views from both levels, a premium feature that significantly enhances its market appeal and long-term value.

  • Comprehensive Modern Renovation

    Extensively redesigned and rebuilt over a year, the home features a contemporary open-concept layout and high-end finishes, providing a turnkey, move-in-ready experience.

  • Upgraded Infrastructure

    The renovation included a full electrical system upgrade and professional remediation, ensuring the home meets modern safety standards and infrastructure reliability.

CONSRISKS & DEFICIENCIES

  • Historical Incident Disclosure

    The history of a localized electrical incident and smoke remediation, though fully repaired with permits, may require additional buyer due diligence and transparency during the sale.

  • Elementary School Rating

    The assigned elementary school has a lower rating (3/10), which may be a consideration for families prioritizing high-performing educational scores in their home search.

About 22733 Islamare

Exceptional lakeview residence extensively redesigned and rebuilt through a meticulous renovation spanning over one year. This two-story home offers 4 bedrooms and 4 bathrooms across approximately 2,367 square feet on a 4,300 square foot lot. Showcasing panoramic water views from both levels, the home features an open-concept layout, abundant natural light, and elevated contemporary finishes throughout. The comprehensive whole-home renovation included substantial interior reconstruction, modern design enhancements, and upgraded building systems , creating a refined, move-in-ready environment. Major capital improvements include a complete electrical system upgrade throughout the entire property, providing long-term reliability and modern infrastructure. In 2023, a localized electrical incident in the primary bathroom, caused by aged wiring, was fully remediated through a professional insurance restoration. All repairs were completed by licensed contractors with permits and final inspection approval. Professional smoke remediation was performed, and the home’s electrical system was fully updated as part of the renovation process. A rare opportunity to own a fully modernized lakeview home offering elevated design, upgraded systems, and lasting value.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1974
Lot Size
4,300 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$263.0 / Month

Neighborhood Insights

Lake Forest Unified Schools

Santiago Elementary School

Grades K-6 • 0.6 mi

3/10

Serrano Intermediate School

Grades 7-8 • 0.4 mi

6/10

El Toro High School

Grades 9-12 • 0.9 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths4.03.0
77%
Square foot2,3672,185.5
54%
Lot Size4,3005,395
30%
Price$1.58M$1.37M
68%
Price per sq ft$668$675
48%
Built year19741978
26%
HOA$263.0$140
86%
Days on market7178
1%

Pricing History

Listed for Sale

Feb 28, 2026

$1,580,000

Initial Listing

Sold

Jun 28, 2023

$1,020,000

Public Record

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