24252 Palmek Circle, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 4 bath
24252 Palmek Circle
Lake Forest, California 92630
Property Price
SUMMARY
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24252 Palmek Circle Subject | $1,235,000* List Price | 4 | 4 | 1,848 | $692 | - |
A 24162 Twig Street Sold | $1,200,000 | 4 | 3 | 1,722 | $697 | 0.3 mi |
B 24282 Twig Street Sold | $1,320,000 | 5 | 3 | 2,152 | $613 | 0.4 mi |
C 24612 Jutewood Sold | $1,100,000 | 4 | 2 | 1,934 | $569 | 0.8 mi |
D 23372 Dune Mear Road Active Under Contract | $1,299,000 List Price | 4 | 2 | 1,660 | $783 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has been fully remodeled recently, featuring a modern kitchen, updated bathrooms, and high-end amenities such as a saltwater pool and a 600 sq. ft. covered balcony with a fireplace. Despite being built in 1965, the extensive renovations within the last few years bring all components up to current quality standards, making it move-in ready with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8840, living area = 1848.
- Exceptional Outdoor Amenities
The property features a resort-style backyard with a saltwater pool, waterfall, slide, built-in BBQ, and a massive 600 sq. ft. covered balcony with a fireplace, offering premier entertainment value.
- No HOA Fees
Rare for a fully remodeled home in this area, the lack of an HOA provides homeowners with significant monthly savings and greater freedom regarding property use and modifications.
CONSRISKS & DEFICIENCIES
- Pricing and Market Stagnation
Significant price reductions from the original $1.385M list price and a recent return to market suggest potential challenges in buyer perception or previous appraisal hurdles.
- Lack of Scenic Views
Despite its location in the Lake Forest Keys subdivision, the property is noted as having no views, which may be a drawback for buyers expecting water or park vistas at this price point.
About 24252 Palmek Circle
Lake Forest – No HOA | Remodeled Fully remodeled single-family residence in Lake Forest with no HOA. Functional floor plan featuring 4 bedrooms, including 3 bedrooms on the main level, plus an upstairs primary suite with private retreat offering flexible living options. Outdoor amenities include a saltwater pool with waterfall and slide, built-in BBQ area, gazebo, and an approximately 600 sq ft covered balcony with fireplace and recreation space—ideal for entertaining and year-round use. Property is move-in ready Recently returned to the market. Conveniently located near shopping, dining, and major commuter routes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 8,840 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 4.0 | 3.0 | 77% |
| Square foot | 1,848 | 2,179 | 31% |
| Lot Size | 8,840 | 5,400 | 92% |
| Price | $1.24M | $1.36M | 31% |
| Price per sq ft | $668 | $675 | 48% |
| Built year | 1965 | 1978 | 8% |
| HOA | $0 | $140 | 26% |
| Days on market | 61 | 178 | 10% |
Pricing History
Listed for Sale
Jan 28, 2026
$1,235,000
$1,245,000
-1% Price Drop
Initial Listing
Price Change
Jan 8, 2026
$1,245,000
$1,385,000
-10% Price Drop
Initial Listing
Price Change
Jan 5, 2026
$1,385,000
Initial Listing
Sold
May 19, 2023
$1,130,000
Public Record
Sold
Mar 23, 2021
$900,000
Public Record
Sold
Mar 2, 2001
$306,000
Public Record
Sold
Apr 22, 1998
$243,000
Public Record
Sold
Apr 6, 1994
$175,000
Public Record