23300 Orange 7, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 1 bath
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Lake Forest, California 92630
This Turnkey Condominium is a Strong Value Opportunity, listed at $510,000—positioned slightly above the $496,654 Fair Market Value. While the list price reflects a premium, the property maintains an Excellent Condition Rating due to recent renovations, including new luxury vinyl flooring and quartz countertops. Featuring a rare private backyard and proximity to Saddleback Valley Unified schools, this home offers a high-quality lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in-ready residence in a desirable Lake Forest location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23300 Orange 7 Subject | $499,000* List Price | 2 | 1 | 834 | $592 | - |
A 23294 Orange Avenue 6 Sold | $375,000 | 1 | 1 | 685 | $547 | 0.0 mi |
B 23276 Orange Avenue 8 Sold | $595,000 | 3 | 2 | 1,132 | $526 | 0.0 mi |
C 22722 Malaga Sold | $505,000 | 2 | 1 | 873 | $578 | 0.7 mi |
D 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 built in 1980, the property qualifies as Excellent due to a very recent renovation (under 5 years) including brand new luxury vinyl flooring, quartz countertops in the kitchen and bathroom, fresh paint, and stainless steel appliances. The interior is in mint, move-in ready condition with updated windows and doors.
The condo features extensive recent renovations including quartz countertops, new luxury vinyl flooring, fresh paint, and newer windows, offering a turnkey, move-in-ready experience.
Rare for a condominium, this unit boasts a large backyard area and a private, shaded front patio, providing significant outdoor living and gardening potential.
The monthly association fees cover essential utilities including water and trash, providing added value and simplifying monthly budgeting for the homeowner.
At $625 per month, the association fees are relatively high for the price point and square footage, which may impact overall affordability for some buyers.
The 2-bedroom, 1-bathroom configuration may be a drawback for families or roommates compared to similar units that offer a second bathroom or powder room.
Beautiful downstairs condo with large backyard area, ready for you to plant flowers or veggies! Condo has been remodeled with quartz counters in kitchen and bathroom, newer windows and doors, fresh paint, and mirrored closer doors. New luxury vinyl flooring just installed! Comes with stainless steel fridge, dishwasher, and microwave. Living room has walk-in closet and all rooms have ceiling fans. Front patio is shaded with mature ficus trees giving full privacy and access to the washer/dryer located in the closet outside. The backyard has a nice patio with cover, and will give you a lovely place to have your morning coffee. The HOA fees cover WATER AND TRASH!
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 834 | 1,075 | 26% |
| Lot Size | 870,887 | 168,296 | 95% |
| Price | $499.0K | $599.9K | 22% |
| Price per sq ft | $598 | $603 | 47% |
| Built year | 1980 | 1983 | 28% |
| HOA | $625.0 | $475 | 88% |
| Days on market | 17 | 130 | 5% |
May 27, 2026
$499,000
$510,000
-2% Price Drop
Initial Listing
May 20, 2026
$510,000
Initial Listing
Mar 12, 2024
$525,000
Public Record
Sep 27, 2022
$502,000
Public Record
Feb 16, 2022
$316,000
Public Record
Nov 1, 1993
$91,000
Public Record