24222 Ontario, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 2 bath
24222 Ontario
Lake Forest, California 92630
Property Price
SUMMARY
Analysis of 24222 Ontario, Lake Forest, California 92630 reveals a property with a current list price of $1,399,000, which is 5% above the estimated $1,324,092 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Lake Forest 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 |
|---|---|---|---|---|---|---|
★ 24222 Ontario Subject | $1,399,000* List Price | 4 | 2 | 1,570 | $843 | - |
A 22661 Pine Lake Lane Sold | $1,660,000 | 4 | 3 | 2,001 | $830 | 0.9 mi |
B 22706 Wood Lake Active | $1,739,000 List Price | 3 | 3 | 1,980 | $878 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1976, the property has undergone a comprehensive and high-quality renovation within the last 5 years. The interior features a modern kitchen with white shaker cabinetry, quartz countertops, a farmhouse sink, and stainless steel appliances. Bathrooms are fully updated with contemporary tile work, glass enclosures, and new vanities. The home boasts consistent wide-plank flooring, recessed LED lighting, and updated fixtures throughout, meeting the criteria for a turnkey, extensively renovated property.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Lake Community Location
Situated in the highly desirable Lake Forest Keys subdivision, this property offers residents access to a unique lakefront lifestyle and premium community amenities.
- Single-Story Accessibility
The updated single-story floor plan provides a highly functional and accessible layout that appeals to a broad demographic, including families and those looking to age in place.
- Turnkey Condition
The home has been recently updated and features four bedrooms, offering a modern, move-in-ready environment that minimizes the need for immediate renovation costs.
CONSRISKS & DEFICIENCIES
- Limited Lot Size
At 3,300 square feet, the lot is relatively small for a single-family residence, which may limit outdoor entertaining space and privacy compared to larger parcels in the area.
- Lack of Scenic Views
Despite its location within a lake-oriented community, the property is noted as having no specific view, which may affect its competitive value against neighboring homes with water or landscape vistas.
About 24222 Ontario
Lake Community in City of Lake Forest . Updated Single Story Family Home ! 4 Bedoom 2 Bath with 2 Car Garage Attached. Please Visit us Online and OPEN House !
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 3,300 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $250.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Rancho Canada Elementary School
Grades K-6 • 1.0 mi
Serrano Intermediate School
Grades 7-8 • 1.2 mi
El Toro High School
Grades 9-12 • 1.4 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 | 2.0 | 3.0 | 25% |
| Square foot | 1,570 | 2,179 | 18% |
| Lot Size | 3,300 | 5,395 | 9% |
| Price | $1.40M | $1.37M | 52% |
| Price per sq ft | $891 | $675 | 89% |
| Built year | 1976 | 1978 | 36% |
| HOA | $250.0 | $140 | 79% |
| Days on market | 7 | 178 | 1% |
Pricing History
Listed for Sale
Feb 28, 2026
$1,399,000
Initial Listing
Sold
Feb 10, 2025
$1,290,000
Public Record
Sold
Jun 22, 2001
$332,500
Public Record