
Lake Forest, California 92630
This Turnkey Single-Family Residence is a Strong Value Opportunity, listed at $1,149,999—positioned well below the $1,167,653 Fair Market Value by 1.5%. This valuation gap offers $17,654 in Instant Equity. Featuring a comprehensive 2024 permitted remodel and an Excellent Condition Rating, the home includes modern upgrades like paid solar and Tesla wall chargers. Situated on an expansive 10,400 sq. ft. lot with ADU potential, this property is ideal for Owner-Occupants or eco-conscious buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23802 Palmek Subject | $1,149,999* List Price | 3 | 2 | 1,144 | $1,021 | - |
A 24062 Gemwood Drive Sold | $1,165,000 | 3 | 2 | 1,144 | $1,018 | 0.4 mi |
B 23862 Palmek Sold | $1,080,000 | 4 | 2 | 1,207 | $895 | 0.1 mi |
C 24221 Ankerton Sold | $1,175,000 | 3 | 2 | 1,144 | $1,027 | 0.5 mi |
D 24501 Bridger Road Sold | $990,000 | 3 | 2 | 1,296 | $764 | 0.6 mi |
E 22825 Rumble Sold | $1,150,000 | 3 | 2 | 1,335 | $861 | 1.0 mi |
F 24732 Alanwood St Sold | $1,162,914 | 3 | 2 | 1,207 | $963 | 0.2 mi |
G 24745 Calle El Toro Grande Sold | $1,173,000 | 3 | 2 | 1,509 | $777 | 0.9 mi |
H 23312 La Vaca Active Under Contract | $1,049,000 List Price | 4 | 2 | 1,212 | $866 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive, permitted remodel in 2023 (less than 5 years ago). All major systems including HVAC, electrical, plumbing, and sewer were updated, and it features a modern kitchen with high-end GE Café appliances and custom-tiled bathrooms.
The property underwent a full, permitted renovation of major systems including plumbing, electrical, HVAC, and sewer, offering move-in readiness and long-term peace of mind.
The oversized 10,400+ sq. ft. lot provides rare outdoor space for gardening and entertaining, with ample room for a future ADU or pool.
Equipped with paid solar panels, dual Tesla wall chargers, and Ethernet wiring, the home is perfectly suited for tech-savvy and eco-conscious buyers.
At 1,144 sq. ft. for a three-bedroom layout, the interior living spaces may feel compact for larger families or those seeking expansive rooms.
Despite the modern updates, the 1964 construction may feature smaller room dimensions and a traditional layout compared to contemporary open-concept homes.
Welcome to this extensively remodeled single-level home, ideally situated on a quiet cul-de-sac in Lake Forest on an expansive 10,000+ sq. ft. lot. Following the sellers' purchase of the home, a comprehensive remodel was completed in 2024 with permits, transforming the property with quality craftsmanship and modern finishes throughout. Carefully designed with long-term enjoyment in mind, no detail was overlooked. Major improvements include brand new plumbing, electrical, sewer line, HVAC system, windows, and PAID solar. Inside, the thoughtfully designed floor plan features custom-tiled bathrooms, recessed LED lighting, Ethernet wiring, a GE Café induction double-oven range, and a semi-finished garage with an insulated garage door and two Tesla wall chargers. The expansive backyard is equally impressive, offering raised garden beds, a beautifully curated rose garden, numerous mature fruit trees, and generous space for outdoor living, entertaining, or gardening. The oversized lot also presents excellent potential for future improvements, including an ADU, pool, or other outdoor enhancements (subject to buyer verification and applicable approvals). Lovingly renovated with the intention of creating a long-term home, this exceptional property is now ready for its next chapter. Combining extensive permitted improvements, energy-efficient features, and a spacious lot in a desirable Lake Forest location, this move-in-ready home offers a rare opportunity to make it your own. Professional photos coming soon.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,144 | 2,130 |
| Lot Size | 10,400 | 5,706 |
| Price | $1.15M | $1.44M |
| Price per sq ft | $1.0K | $664 |
| Built year | 1964 | 1979 |
| HOA | $0 | $150 |
| Days on market | 4 | 51 |
Jul 18, 2026
$1,149,999
Initial Listing
Jan 18, 2023
$812,000
Public Record