22845 Orchid Creek, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 2 bath
Loading property details...
22845 Orchid Creek
Lake Forest, California 92630
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,308Sq Ft
204,188Lot Size
Property Price
LIST PRICE$784,000
EST. MARKET VALUE
$703,008
11% AboveMARKET VALUE
SUMMARY
This Resort-Style Condominium is a High-Potential Investment Opportunity, listed at $784,000—positioned above the $703,008 Fair Market Value. While priced at a premium, the property maintains a Good Condition Rating and offers significant lifestyle value through membership in the Lake Forest Beach and Tennis Club. Featuring a spacious end-unit layout, wrap-around balcony, and two separate garages, this home provides rare amenities in a prime location. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey residence with extensive recreational facilities.
Estimated Market Value
$703,008
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 |
|---|---|---|---|---|---|---|
★ 22845 Orchid Creek Subject | $784,000* List Price | 2 | 2 | 1,308 | $537 | - |
A 22832 Sailwind Way Sold | $805,000 | 2 | 2 | 1,288 | $625 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1990 (34 years old), the property features updated laminated wood flooring throughout and appears well-maintained. The interior photos show clean finishes and the description indicates a move-in ready condition, aligning with the 5-15 year renovation criteria for a 'Good' rating rather than the structural/safety defect profile of a 'Poor' rating.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
Residents benefit from membership to the Lake Forest Beach and Tennis Club, offering extensive facilities including a Jr. Olympic pool, swim lagoon, tennis and pickleball courts, and a fitness center.
- Spacious End-Unit Layout
As an upper-level end unit, the property offers enhanced privacy and a generous 1,308 square foot floor plan featuring a large wrap-around balcony and an individual laundry room.
- Superior Parking Assets
The inclusion of two separate one-car garages provides significant value and convenience, offering secure parking and additional storage rarely found in standard condominium units.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The association fee of $513 per month represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for potential buyers.
- Lack of Scenic Views
Despite the community's proximity to the lake, the unit is officially listed as having no view, which may be a disadvantage for buyers seeking the premium vistas typically associated with lakeside living.
About 22845 Orchid Creek
Beautiful Lake Shores Gated Community. Steps away from Lake. Laminated wood floor through out. 1,308 square feet of living spaces featuring 2 bedrooms and 2 full bathrooms. Upper level End unit with large wrap around Balcony. Spacious living room with Fireplace, dinning area, open kitchen with breakfast nook. Large Master suite with Master bath, separate shower and dual sinks. Individual LAUNDRY ROOM with counter top and cabinet. 2 separate one (1) car garage, one garage space just down the stairs of the unit. HOA includes water, trash, MEMBER OF LAKE FOREST BEACH AND TENNIS CLUB. The Beach & Tennis Club offers a Jr. Olympic swimming pool, a smaller north pool, beach and swim lagoon, five tennis courts, one Pickleball court, two half court basketball courts, a sand volleyball court, fitness center, Lake View Lounge, two pool tables and shuffleboard. Easy access to Freeways 5 and 405, Irvine Spectrum, shopping centers , Albertson Supermarket and restaurants.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- 204,188 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $513.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Santiago Elementary School
Grades K-6 • 0.8 mi
3/10
Serrano Intermediate School
Grades 7-8 • 0.6 mi
6/10
El Toro High School
Grades 9-12 • 1.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,308 | 1,109.86 |
| Lot Size | 204,188 | 165,856.581 |
| Price | $784.0K | $663.6K |
| Price per sq ft | $599 | $603 |
| Built year | 1990 | 1987 |
| HOA | $513.0 | $485 |
| Days on market | 8 | 54 |
Pricing History
Listed for Sale
Sep 1, 2026
$784,000
Initial Listing
Sold
Sep 5, 2012
$300,000
Public Record
Sold
Mar 19, 2001
$198,500
Public Record
Sold
Dec 5, 1996
$134,500
Public Record