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

24 Water Lily, Trabuco Canyon, California 92679 home-pic-0

24 Water Lily

Trabuco Canyon, California 92679

ACTIVE
CONDITION: GOOD
4Beds
5Baths
4,005Sq Ft
7,170Lot Size

Property Price

LIST PRICE$2,649,000
EST. MARKET VALUE
$2,356,223
12% AboveMARKET VALUE

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

$2,356,223
Based on Realkey algorithm analyzing recent comparable sales in Trabuco Canyon.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
24 Water Lily
Subject
$2,649,000*
List Price
454,005$588-
A
14 Marchin Drive
Sold
$1,950,000443,900$5000.8 mi
B
44 Water Lily
Sold
$2,500,000454,141$6040.1 mi
C
58 Downfield
Sold
$2,100,000543,455$6080.5 mi
D
5 Douglass Drive
Sold
$2,200,000444,099$5370.7 mi
E
26 Pegasus Drive
Sold
$2,575,000564,411$5840.4 mi
F
23 Victoria Lane
Sold
$2,045,000453,660$5590.4 mi
G
27 Raleigh Court
Active
$1,999,000
List Price
433,182$6280.7 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

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

9/10

Las Flores Elementary School

Grades K-5 • 2.6 mi

7/10

Tijeras Creek Elementary School

Grades K-5 • 3.8 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths5.03.0
75%
Square foot4,0052,790
79%
Lot Size7,1706,825
54%
Price$2.65M$1.60M
84%
Price per sq ft$661$614
67%
Built year19991993
80%
HOA$385.0$320
93%
Days on market9191
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

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