24 Water Lily, Trabuco Canyon, California 92679, Trabuco Canyon, 92679 - 4 bed, 5 bath

24 Water Lily
Trabuco Canyon, California 92679
Property Price
SUMMARY
Analysis of 24 Water Lily, Trabuco Canyon, California 92679 reveals a property with a current list price of $2,649,000, which is 12% above the estimated $2,356,223 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Trabuco Canyon Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24 Water Lily Subject | $2,649,000* List Price | 4 | 5 | 4,005 | $588 | - |
A 14 Marchin Drive Sold | $1,950,000 | 4 | 4 | 3,900 | $500 | 0.8 mi |
B 44 Water Lily Sold | $2,500,000 | 4 | 5 | 4,141 | $604 | 0.1 mi |
C 58 Downfield Sold | $2,100,000 | 5 | 4 | 3,455 | $608 | 0.5 mi |
D 5 Douglass Drive Sold | $2,200,000 | 4 | 4 | 4,099 | $537 | 0.7 mi |
E 26 Pegasus Drive Sold | $2,575,000 | 5 | 6 | 4,411 | $584 | 0.4 mi |
F 23 Victoria Lane Sold | $2,045,000 | 4 | 5 | 3,660 | $559 | 0.4 mi |
G 27 Raleigh Court Active | $1,999,000 List Price | 4 | 3 | 3,182 | $628 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant high-value upgrades including remodeled bathrooms, luxury vinyl flooring, and major system improvements like PEX repiping, owned solar, and a new AC unit. While the 1999 build date and some 'timeless' features like travertine suggest it isn't a brand-new construction, the extensive maintenance and targeted renovations align perfectly with the 'Good' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Wagon Wheel Elementary School (9/10).
- Prime Golf Course Frontage
Situated directly on the prestigious South Course, the property offers a resort-style backyard with an in-ground spa, built-in BBQ, and unobstructed views of the Robert Trent Jones Jr. designed fairways.
- Modern Infrastructure Upgrades
The estate features significant high-value improvements including owned solar panels, full PEX repiping, and a new downstairs AC unit, providing exceptional energy efficiency and long-term peace of mind.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4005, other record living area = 3886.
- Compact Lot Size
With a lot size of approximately 7,170 square feet for a 4,000+ square foot home, the outdoor space may feel limited for buyers seeking expansive private grounds beyond the golf course views.
- Secondary School Proximity
While the elementary school is conveniently close, the assigned middle and high schools are located over five miles away, which may be a consideration for families regarding daily commute times.
About 24 Water Lily
Introducing 24 Water Lily Way, an extraordinary 4 bedroom, 5 bath, 2 office estate in Southern Hills Encore within the prestigious guard-gated community of Coto de Caza. Golf course adjacent this residence embodies the elevated lifestyle of one of Orange County’s most coveted enclaves. A private courtyard and custom arched glass entry set the tone for the grandeur within - soaring ceilings, a sweeping circular staircase, timeless travertine, luxury vinyl, crown molding, cased windows and gorgeous shutters. Owned solar, PEX repiped, a new downstairs AC unit and newer water heater provide modern peace of mind behind the home’s refined elegance. The formal dining room adorned with a striking coffered ceiling crowns cherished celebrations, while the formal living room showcases a majestic fireplace, lofty double-height ceiling and opens to a private courtyard. At the heart of the home, the expansive family room with warm wood built-ins and fireplace opens to a sunlit breakfast nook and chef’s kitchen —all framed with windows capturing backyard and championship golf course views. Here, entertaining becomes an art form. Set against the exclusive South Course—an 18-hole masterpiece designed by Robert Trent Jones Jr.—the backyard is your private resort: in-ground spa, tranquil water features, built-in bar with bbq, sink & cooler, custom wood burning fireplace and multiple hosting areas ready for unforgettable gatherings. Designed for both grand entertaining and life’s evolving chapters, the floorplan offers exceptional versatility with a main-level bedroom including ensuite remodeled bath. A richly appointed office completes the downstairs. Upstairs, the home unfolds into two private wings connected by a dramatic catwalk. The primary suite, privately positioned in its own east wing, offers breathtaking views, a fireplace retreat, remodeled spa-inspired bath with soaking tub, oversized shower, dual walk-in closets and a view balcony. The west wing features a built-in office and two additional bedrooms with ensuite full baths, one with a covered balcony. The epoxy-finished three-car garage with built-in racks & cabinetry adds polished functionality. Moments from trails, parks, equestrian facilities and the Coto de Caza Golf & Racquet Club, this grand estate is more than a home—it is a legacy property designed for elevated everyday living, inspired entertaining and a lifetime of beautiful memories. Professional videography coming soon.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1999
- Lot Size
- 7,170 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 5 (5 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $385.0 / Month
Neighborhood Insights
Trabuco Canyon Unified Schools
Wagon Wheel Elementary School
Grades K-5 • 0.7 mi
Las Flores Elementary School
Grades K-5 • 2.6 mi
Tijeras Creek Elementary School
Grades K-5 • 3.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 5.0 | 3.0 | 75% |
| Square foot | 4,005 | 2,790 | 79% |
| Lot Size | 7,170 | 6,825 | 54% |
| Price | $2.65M | $1.60M | 84% |
| Price per sq ft | $661 | $614 | 67% |
| Built year | 1999 | 1993 | 80% |
| HOA | $385.0 | $320 | 93% |
| Days on market | 9 | 191 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$2,649,000
Initial Listing
Sold
Aug 19, 2019
$1,345,000
Public Record
Sold
Sep 28, 2011
$850,000
Public Record
Sold
May 22, 2006
$1,019,000
Public Record
Sold
Apr 18, 2006
$1,745,000
Public Record
Sold
Sep 24, 1999
$691,500
Public Record




































































