23312 La Vaca, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 2 bath
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Lake Forest, California 92630
This Turnkey Single-Family Residence presents a Prime Investment Opportunity, listed at $1,049,000—positioned well below the $1,080,068 Fair Market Value by 2%. This valuation gap offers $31,068 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent renovations, including a refreshed kitchen and new flooring, the home offers immediate lifestyle value. Situated on an expansive 7,800 sq. ft. lot with a private covered patio, this property is ideal for Owner-Occupants or first-time buyers seeking a move-in-ready home in the Saddleback Valley Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23312 La Vaca Subject | $1,049,000* List Price | 4 | 2 | 1,212 | $913 | - |
A 23862 Palmek Sold | $1,080,000 | 4 | 2 | 1,207 | $895 | 0.5 mi |
B 22825 Rumble Sold | $1,150,000 | 3 | 2 | 1,335 | $861 | 0.6 mi |
C 24221 Ankerton Sold | $1,175,000 | 3 | 2 | 1,144 | $1,027 | 0.8 mi |
D 24062 Gemwood Drive Sold | $1,165,000 | 3 | 2 | 1,144 | $1,018 | 0.7 mi |
E 25241 Campo Rojo Sold | $1,190,000 | 4 | 2 | 1,496 | $795 | 0.8 mi |
F 23372 Dune Mear Road Sold | $1,265,000 | 4 | 2 | 1,660 | $762 | 0.3 mi |
G 24732 Alanwood St Sold | $1,162,914 | 3 | 2 | 1,207 | $963 | 0.6 mi |
H 24282 Ursula Sold | $1,240,000 | 3 | 2 | 1,318 | $941 | 0.6 mi |
I 23045 El Caballo Street Active | $1,099,000 List Price | 4 | 2 | 1,212 | $907 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1967, the property has undergone a very recent renovation (<5 years) featuring new interior and exterior paint, new flooring throughout, and a refreshed kitchen with modern quartz countertops and new stainless steel appliances. The home is in mint, move-in-ready condition with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 1212.
The home is move-in ready, featuring significant recent updates including new interior and exterior paint, new flooring, and a refreshed kitchen with modern countertops and appliances.
The approximately 7,800 sq. ft. lot is a rare find for this area, providing a spacious backyard with a covered patio and garden setting ideal for outdoor living and potential expansion.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With four bedrooms distributed across only 1,212 sq. ft. of living space, the individual rooms and common areas may feel undersized or cramped for some buyers.
The property does not offer any scenic views, which may be a competitive disadvantage compared to other homes in the region that feature hillside or city light vistas.
Welcome to the lovely single-level home situated on an expansive approximately 7,800 sq. ft. lot in a quiet, highly desirable, and convenient neighborhood. Enjoy major shopping centers, restaurants, and daily amenities just minutes away. This move-in-ready residence has been beautifully updated with new interior and exterior paint, new flooring, and a refreshed kitchen featuring a new countertop and appliances. The spacious backyard offers a peaceful garden setting with a covered patio and paved outdoor area, perfect for relaxing, entertaining, or enjoying California indoor-outdoor living. A rare opportunity to own a well-maintained home on a large lot in an excellent location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,212 | 2,130 |
| Lot Size | 7,800 | 5,706 |
| Price | $1.05M | $1.44M |
| Price per sq ft | $866 | $664 |
| Built year | 1967 | 1979 |
| HOA | $0 | $150 |
| Days on market | 44 | 51 |
Jun 9, 2026
$1,049,000
Initial Listing
May 14, 2021
$782,000
Public Record
Feb 28, 2011
$406,000
Public Record