
Lake Forest, California 92630
This Turnkey Condominium is a Strong Value Opportunity, listed at $499,900—positioned well below the $519,000 Fair Market Value by 3%. This valuation gap offers $19,100 in Instant Equity. Featuring a Condition Rating of 2, the home boasts a remodeled kitchen and modern laminate flooring. Located in the Saddleback Valley Unified School District, this property offers a lifestyle-focused sanctuary with a large fenced backyard. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23232 Orange Subject | $470,000* List Price | 2 | 2 | 947 | $535 | - |
A 23276 Orange Avenue 8 Sold | $595,000 | 3 | 2 | 1,132 | $526 | 0.0 mi |
B 23294 Orange Avenue 6 Sold | $375,000 | 1 | 1 | 685 | $547 | 0.0 mi |
C 23224 Orange Avenue 5 Active | $375,000 List Price | 1 | 1 | 724 | $518 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1980, the interior has undergone a recent high-quality renovation within the last 5 years. The kitchen is fully updated with modern white cabinetry, quartz countertops, and stainless steel appliances. The unit also features newer modern laminate flooring throughout and is in mint, move-in-ready condition.
As a rare first-floor corner unit, this property features an unusually large fenced backyard and covered patio, providing a level of outdoor privacy and utility that is highly sought after in condominium living.
The home is move-in ready, boasting a recently remodeled kitchen with quartz countertops and stainless steel appliances, complemented by newer modern laminate wood flooring throughout the open-concept living area.
Ideally situated within walking distance to local shops, parks, and trails, the property also benefits from being located within the top-rated Saddleback Valley Unified School District with easy freeway and toll road access.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 947, other record living area = 685. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The property was recently sold within the past year on 2026-04-27. The sold price is $343,500.00.
The monthly association fee of $637 is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers despite including water and trash services.
PRICE IMPROVEMENT! Rare opportunity to own a first-floor corner 2-bedroom, 2-bathroom condo with an expansive fenced yard and covered front patio in the desirable Aliso Creek Villas community. 23232 Orange Unit 7 is surrounded by tree-lined streets, walking paths, meandering greenbelts, a community pool, and a playground, this inviting home offers comfort, convenience, and an ideal Southern California lifestyle. The HOA includes water and trash service for added value. Step inside to discover newer modern laminate wood flooring throughout and a bright, open-concept living area designed for easy everyday living and entertaining. The recently remodeled kitchen features crisp white cabinetry, quartz countertops, abundant storage, stainless steel dishwasher, built-in microwave, natural light, and a dedicated dining area with a wall-mounted A/C unit nearby. The primary bedroom includes generous closet space, window blinds, a ceiling fan, and a private ensuite bathroom. The secondary bedroom also offers ample closet space, new blinds, and convenient access to the full hallway bathroom. Both bathrooms include tub-and-shower combinations. Washer and dryer hookups are tucked inside a secure laundry closet located on the front porch. Enjoy outdoor living in the large, fenced backyard patio—perfect for summer barbecues, pets, gardening, or simply relaxing at home. This property includes one assigned carport, with an additional parking pass available for purchase through the HOA. Ideally located within walking distance to local shops, restaurants, parks, trails, and schools in the top-rated Saddleback Valley Unified School District, with easy access to the 5 and 405 freeways, Laguna Canyon via El Toro Road, and the 241 Toll Road. Don’t miss this charming Aliso Creek Villas home, it won’t last!
No exterior & parking available.
Grades 7-8 • 0.5 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 947 | 1,092 |
| Lot Size | 870,887 | 91,110.5 |
| Price | $470.0K | $658.2K |
| Price per sq ft | $496 | $606 |
| Built year | 1980 | 1988 |
| HOA | $637.0 | $424 |
| Days on market | 46 | 50 |
Jul 3, 2026
$470,000
$499,900
-6% Price Drop
Initial Listing
Jun 19, 2026
$499,900
$519,000
-4% Price Drop
Initial Listing
Jun 6, 2026
$519,000
Initial Listing
Apr 27, 2026
$343,500
Public Record
Sep 14, 2011
$108,000
Public Record
Sep 27, 2005
$278,000
Public Record