23976 Carmel Drive, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 2 bath
ACTIVE$1,098,000
23976 Carmel Drive, Lake Forest, California 92630
4Beds
2Baths
1,540Sqft
4,320Lot
Price Vs. Estimate
The estimated value ($999,651) is $98,349 (8%) lower than the list price ($1,098,000). This property may be overpriced.
Key pros and cons
Top Pros:
Exceptional Financial Advantages: The property boasts significant financial benefits with no HOA fees, no Mello Roos, and low property taxes, reducing the overall cost of homeownership.
Top Cons:
Extensive Updating Required: The property explicitly states it 'will need updating' and has 'minimal upgrades,' indicating a significant investment in renovations for modernization.
Compared to the nearby listings
Price:$1.10M vs avg $1.31M ($-212,000)15%
Size:1,540 sqft vs avg 2,120 sqft19%
Price/sqft:$713 vs avg $67565%
More Insights
Built in 1971 (54 years old).
Condition: Built in 1971, this property is over 50 years old and explicitly states it 'will need updating' and is being sold 'completely AS-IS.' While one bathroom shows a basic, recent update with a modern vanity and new toilet/flooring, the kitchen is significantly dated with older cabinets, countertops, white appliances, and a fluorescent light fixture, indicating a lack of major renovation in this key area for decades. Other areas show older flooring and basic fixtures. The overall condition suggests substantial rehabilitation is required to bring the home up to modern standards, aligning with the 'poor' category's criteria for properties built over 30 years ago that require significant investment beyond minor updates.
Year Built
1971
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$713
HOA
-
Days on market
-
Sold On
-
MLS number
OC25012120
Home ConditionPoor
Features
ViewNeighborhood
About this home
4-bedroom, 2-bath 1540 sq ft. home with some minimal upgrades, featuring 2 bedrooms and a bath upstairs and 2 bedrooms and a bath downstairs. This 2-story home is located on a quiet double cul-de-sac in the sought-after Countryside community of Lake Forest, and is centrally located to schools, shopping, parks, with easy freeway access. Only 7 miles to Laguna Beach. The home will need updating, as is reflected in the price. Make it your own. The home boasts nice landscaping, 2 new side gates, curb appeal, NO HOA, NO MELLO ROOS, and LOW TAXES! This single-family home is a must-see. The Home is being sold completely AS-IS, and shown by appointment only.
Nearby schools
4/10
Olivewood Elementary School
Public,•K-6•0.4mi
6/10
Serrano Intermediate School
Public,•7-8•1.0mi
7/10
El Toro High School
Public,•9-12•1.5mi
Condition Rating
Poor
Built in 1971, this property is over 50 years old and explicitly states it 'will need updating' and is being sold 'completely AS-IS.' While one bathroom shows a basic, recent update with a modern vanity and new toilet/flooring, the kitchen is significantly dated with older cabinets, countertops, white appliances, and a fluorescent light fixture, indicating a lack of major renovation in this key area for decades. Other areas show older flooring and basic fixtures. The overall condition suggests substantial rehabilitation is required to bring the home up to modern standards, aligning with the 'poor' category's criteria for properties built over 30 years ago that require significant investment beyond minor updates.
Pros & Cons
Pros
Exceptional Financial Advantages: The property boasts significant financial benefits with no HOA fees, no Mello Roos, and low property taxes, reducing the overall cost of homeownership.
Prime Location & Community: Located in the sought-after Countryside community, offering central access to schools, shopping, parks, easy freeway access, and just 7 miles from Laguna Beach.
Quiet Cul-de-Sac Setting: Positioned on a quiet double cul-de-sac, providing a peaceful, low-traffic, and family-friendly living environment.
Strong Curb Appeal: The home presents attractive curb appeal with nice landscaping and two new side gates, enhancing its exterior presentation.
Access to Quality Schools: Benefits from proximity to highly-rated elementary, middle, and high schools within the desirable Saddleback Valley Unified School District.
Cons
Extensive Updating Required: The property explicitly states it 'will need updating' and has 'minimal upgrades,' indicating a significant investment in renovations for modernization.
Dated Interior Condition: Built in 1971 with only 'minimal upgrades,' the interior likely features original or outdated finishes and systems, requiring comprehensive refurbishment.
As-Is Sale Condition: Being sold 'completely AS-IS' means the seller will not undertake any repairs, placing the full responsibility and cost of necessary fixes or upgrades on the buyer.