23001 S Aspan Street, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 2 bath
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23001 S Aspan Street
Lake Forest, California 92630
ACTIVE UNDER CONTRACT
CONDITION: FAIR
3Beds
2Baths
1,386Sq Ft
4,368Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$995,000
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $995,000, which aligns with its $995,000 Fair Market Value. While the property maintains a Fair Condition Rating (4/10), it offers significant potential for cosmetic personalization to drive future appreciation. Key highlights include a rare main-level bedroom, no HOA fees, and a tranquil cul-de-sac location with park and greenbelt views. Situated within the Saddleback Valley Unified district, this home is an ideal acquisition for Owner-Occupants or first-time buyers seeking a well-connected Lake Forest lifestyle.
Estimated Market Value
$995,000
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 |
|---|---|---|---|---|---|---|
★ 23001 S Aspan Street Subject 3 bd · 2 ba · 1,386 sqft · $718 | $995,000* List Price | 3 | 2 | 1,386 | $718 | - |
A 24096 Hurst Sold 4 bd · 2 ba · 1,540 sqft · $621 · 0.2 mi | $956,000 | 4 | 2 | 1,540 | $621 | 0.2 mi |
B 24201 Jagger Active 3 bd · 2 ba · 1,224 sqft · $821 · 0.2 mi | $1,005,000 List Price | 3 | 2 | 1,224 | $821 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1974 with partial renovations that appear to be 15-25 years old. While functional, the kitchen features dated oak cabinetry and mismatched appliances, and the bathrooms show aging tile and fixtures. The presence of worn carpeting and the listing's own suggestion to 'personalize or enhance' indicate the property requires cosmetic updates and minor repairs to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Main-Level Accessibility
The floor plan features a rare main-level bedroom and full bathroom, providing essential flexibility for multi-generational living or guests.
- No HOA Fees
This detached residence offers the significant financial advantage of no monthly HOA dues, allowing for lower carrying costs and greater owner autonomy.
- Prime Cul-de-Sac Location
Situated at the end of a quiet cul-de-sac with direct park and greenbelt views, the property offers enhanced privacy and a tranquil outdoor setting.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
With 134 days on market and multiple price reductions, the property has faced challenges in securing a buyer, which may affect its perceived market value.
- Need for Modernization
Built in 1974 and noted for its 'opportunity to personalize,' the home likely requires additional capital investment to update its original finishes and systems.
About 23001 S Aspan Street
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1974
- Lot Size
- 4,368 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Olivewood Elementary School
Grades K-6 • 0.5 mi
4/10
Serrano Intermediate School
Grades 7-8 • 0.9 mi
6/10
El Toro High School
Grades 9-12 • 1.4 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,386 | 2,188.592 |
| Lot Size | 4,368 | 5,557.578 |
| Price | $995.0K | $1.44M |
| Price per sq ft | $718 | $661 |
| Built year | 1974 | 1981 |
| HOA | $0 | $158 |
| Days on market | 142 | 50 |
Pricing History
Listed for Sale
Oct 17, 2026
$995,000
$1,040,000
-4% Price Drop
Initial Listing
Price Change
Sep 1, 2026
$1,040,000
$1,050,000
-1% Price Drop
Initial Listing
Price Change
Jun 5, 2026
$1,050,000
Initial Listing
Sold
Mar 7, 2013
$485,000
Public Record