23001 S Aspan Street, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 2 bath
Loading property details...
Lake Forest, California 92630
This property presents a High-Potential Investment Opportunity with a List Price of $1,050,000—positioned slightly above the $1,028,720 Fair Market Value. While the pricing reflects current market stability, the home’s Condition Rating of 4 highlights a significant value-add opportunity through cosmetic modernization. Featuring a main-level bedroom, no HOA, and a park/greenbelt view, the layout offers functional flexibility. Located within the Saddleback Valley Unified School District, this is a compelling acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build long-term equity through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23001 S Aspan Street Subject | $1,050,000* List Price | 3 | 2 | 1,386 | $742 | - |
A 24096 Hurst Sold | $956,000 | 4 | 2 | 1,540 | $621 | 0.2 mi |
B 23976 Carmel Drive Sold | $1,014,000 | 4 | 2 | 1,540 | $658 | 0.2 mi |
C 23921 Barton Sold | $975,000 | 3 | 2 | 1,224 | $797 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this 50-year-old property appears functional but highly dated. The kitchen and living areas feature older tile flooring and cabinetry, and the listing description explicitly notes the 'opportunity to personalize or enhance over time,' suggesting that while move-in ready, it requires significant cosmetic updates and likely system evaluations due to its age.
The rare inclusion of a bedroom and full bathroom on the main level provides excellent accessibility and flexibility for guests, multi-generational living, or those looking to age in place.
As a detached residence with no HOA fees, homeowners enjoy significant monthly cost savings and greater freedom regarding property use and modifications compared to neighboring communities.
Situated at the end of a quiet cul-de-sac with direct views of the greenbelt and park, the property offers a peaceful, low-traffic setting with enhanced privacy.
The 1974 construction and description suggesting an 'opportunity to personalize' indicate that the home likely requires capital investment to update finishes and systems to modern standards.
At 1,386 square feet for a three-bedroom home, the interior living spaces and secondary bedrooms may feel small for families prioritizing spaciousness.
23001 S Aspan Street offers a well-located detached residence in Lake Forest with a desirable main-level bedroom and full bathroom, no HOA, and a cul-de-sac setting. This 3-bedroom, 2-bath home features a bright two-level layout, central air, an attached 2-car garage, and a park and greenbelt view. The main level includes an inviting living room with a fireplace, a bedroom, full bath, and functional living spaces designed for everyday comfort. The kitchen and dining areas provide a practical setting for daily living, with direct connection to the main gathering spaces. Upstairs, the home continues with additional bedroom space, including the primary bedroom, creating separation and flexibility across both levels. Additional highlights include inside laundry located in the garage and a floor plan that offers opportunity to personalize or enhance over time. Outdoor living is enhanced by a backyard setting with greenbelt outlooks and access to nearby parks and recreational amenities. Located near Mountain View Park, shopping, dining, schools, and major local corridors, 23001 S Aspan Street presents a compelling opportunity to enjoy a well-connected Lake Forest location with everyday convenience and outdoor recreation nearby.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 0.9 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,386 | 2,130 |
| Lot Size | 4,368 | 5,706 |
| Price | $1.05M | $1.44M |
| Price per sq ft | $758 | $664 |
| Built year | 1974 | 1979 |
| HOA | $0 | $150 |
| Days on market | 47 | 51 |
Jun 5, 2026
$1,050,000
Initial Listing
Mar 7, 2013
$485,000
Public Record