
Lake Forest, California 92630
This Value-Add Single-Family Residence represents a Strong Value Opportunity with a List Price of $895,000—positioned well below the $985,546 Fair Market Value by 9%. This valuation gap provides $90,546 in Instant Equity for buyers ready to address the Fair Condition Rating and required roof replacement. Featuring RV/Boat parking and located in the Saddleback Valley Unified School District with No HOA or Mello Roos, the asset offers significant forced appreciation potential. It is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24096 Hurst Subject | $895,000* List Price | 4 | 2 | 1,540 | $640 | - |
A 23976 Carmel Drive Sold | $1,014,000 | 4 | 2 | 1,540 | $658 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972 (52 years old), the property is a 'fixer' requiring a new roof and general updating. Although the flooring, furnace, and water heater are recently updated, the kitchen and bathrooms remain dated, and the overall age and maintenance requirements align with the Fair category.
The property offers significant long-term savings with no HOA fees, no Mello Roos, and a low tax rate, making it highly attractive for budget-conscious buyers.
The home includes desirable side RV or boat parking and is situated in a quiet, non-traffic location with a private enclosed backyard.
Despite being a fixer, the property features an updated furnace, water heater, and flooring, providing a head start on essential interior improvements.
The home is sold in 'As-Is' condition and requires a new roof and extensive cosmetic updating to reach its full potential.
With a lot size of 4,784 square feet, the outdoor space is relatively compact, which may limit options for expansion or large-scale landscaping.
Property on hold while we process multiple offers. A Fixer- 4 bedroom, 2 bath 1540 Sq Ft SFR. Great non traffic location. Side RV/Boat parking. This home could use some updating and a new roof. Private enclosed backyard. Water heater, furnace and flooring are updated. Great layout. No HOA, NO MELLO ROOS and LOW TAXES. Home is move in ready but needs work. Current inspection report available. This home is being sold As-Is. Includes washer/Dryer and refrigerator.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 26% |
| Square foot | 1,540 | 2,185 | 17% |
| Lot Size | 4,784 | 5,276.5 | 39% |
| Price | $895.0K | $1.38M | 1% |
| Price per sq ft | $581 | $676 | 22% |
| Built year | 1972 | 1978 | 21% |
| HOA | $0 | $129 | 26% |
| Days on market | 0 | 175 | 1% |
Apr 7, 2026
$895,000
Initial Listing