22872 Springwater, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 2 bath
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Lake Forest, California 92630
This Turnkey Single-Story Residence is a High-Potential Investment Opportunity, listed at $1,175,000—positioned slightly above the $1,132,923 Fair Market Value. While priced at market, the home features a Condition Rating of 3, highlighted by a re-piped plumbing system, modernized kitchen, and a spacious corner lot. Located within the Saddleback Valley Unified School District near top-rated schools like El Toro High, this property offers a stable, move-in ready lifestyle. It is an ideal acquisition for Owner-Occupants seeking long-term comfort or first-time buyers prioritizing quality infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22872 Springwater Subject | $1,175,000* List Price | 3 | 2 | 1,436 | $789 | - |
A 25482 Coral Wood Street Sold | $1,149,900 | 3 | 2 | 1,782 | $645 | 0.5 mi |
B 25216 Miles Active Under Contract | $1,349,500 List Price | 3 | 2 | 1,697 | $795 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1980, the property has been significantly updated with a re-piped plumbing system, recessed lighting, and a modernized kitchen featuring stone countertops and white cabinetry. The interior finishes and well-maintained exterior indicate a renovation within the 5-15 year range, making it move-in ready.
The highly desirable single-level floor plan offers excellent accessibility and long-term utility for a variety of buyer demographics, from young families to those looking to downsize.
Positioned on a spacious corner lot, the property provides enhanced privacy, superior curb appeal, and a more expansive outdoor feel compared to standard interior parcels.
The home features a fully re-piped plumbing system and has been impeccably maintained, offering buyers significant peace of mind and reducing immediate post-purchase maintenance costs.
The property does not offer any significant scenic or panoramic views, which may be a disadvantage for buyers prioritizing the vistas often found in Southern California hillside communities.
At 1,436 square feet, the living space is relatively compact for the price point, potentially limiting its appeal for larger families or those requiring extensive home office space.
Impeccably maintained SINGLE STORY 3 bedroom, 2 bathroom home in the Bennett Ranch community of Lake Forest. Situated on a spacious corner lot, this beautifully maintained home showcases pride of ownership throughout, featuring beautiful hardwood floors, and fresh interior paint throughout Enjoy a private backyard with a covered patio, gardening area, and space to relax or entertain. Conveniently located near parks, schools, shopping, dining, and entertainment
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 0.9 mi
Grades K-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,436 | 2,130 |
| Lot Size | 5,000 | 5,706 |
| Price | $1.18M | $1.44M |
| Price per sq ft | $818 | $664 |
| Built year | 1980 | 1979 |
| HOA | $67.0 | $150 |
| Days on market | 28 | 51 |
Jun 24, 2026
$1,175,000
Initial Listing
Sep 29, 1994
$202,000
Public Record