
Lake Forest, California 92630
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $999,000—positioned well below the $1,122,180 Fair Market Value by 10%. This valuation gap offers $123,180 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a renovated kitchen, luxury vinyl flooring, and a private orchard on a large corner lot, this home requires no immediate capital expenditure. It is an ideal acquisition for first-time buyers or empty nesters seeking a move-in ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24501 Bridger Road Subject | $999,000* List Price | 3 | 2 | 1,296 | $866 | - |
A 23862 Palmek Sold | $1,080,000 | 4 | 2 | 1,207 | $895 | 0.5 mi |
B 24032 Gemwood Sold | $1,050,000 | 3 | 2 | 1,144 | $918 | 0.2 mi |
C 24732 Alanwood St Sold | $1,162,914 | 3 | 2 | 1,207 | $963 | 0.3 mi |
D 23832 La Rosa Active | $1,149,000 List Price | 4 | 2 | 1,207 | $952 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The home features a recently renovated kitchen with modern charcoal shaker cabinets and quartz countertops, along with fully upgraded bathrooms and new luxury vinyl flooring. These comprehensive interior updates appear to be less than 5 years old, placing the property in mint, move-in-ready condition despite the 1979 build date.
The absence of HOA fees and Mello-Roos assessments provides significant monthly savings and greater ownership flexibility compared to many neighboring South Orange County communities.
The home features high-end renovations including luxury vinyl flooring, vaulted ceilings, and a designer kitchen with quartz countertops and shaker cabinets, making it move-in ready.
Situated on a large 7,875 sqft corner lot, the property offers rare RV parking potential and a mature private orchard featuring a high-yield avocado tree and various stone fruits.
With only 1,296 square feet of living area, the interior layout may feel restrictive for growing families or those requiring dedicated home office spaces.
While convenient for commuters, the close proximity to the 5 and 405 freeway interchange may result in consistent ambient traffic noise within the outdoor living areas.
This charming single story 3 bedroom, 2 bath home with a large 7800 sf lot, RV parking option is a perfect starter home for a first time home buyer or empty nesters looking to downsize. There is no HOA or Mellow Roos either. As you drive up you notice the large corner lot front yard and its low maintenance garden of native California plants and walking path to enjoy all of them. When you enter the home you immediately notice the new luxury vinyl flooring, open floor plan, vaulted ceiling, recessed lighting and the recently renovated kitchen with its charcoal grey shaker cabinets, elegant white & grey veined quartz countertops and white beveled subway tile backsplash. The living room and open kitchen is perfect for both family gatherings and entertaining. The hallway bathroom has been updated with a new vanity and quartz countertop. The Primary bathroom has been upgraded with dual vanity sinks, quartz countertops and walk in shower with white subway tiles. The huge backyard features an oversized covered patio great for evening hangouts with friends and family, but you can't help but notice the giant avocado tree which produces hundreds of avocados yearly. If fruit is your thing, you will love the 2 plum trees, an apricot/peach/nectarine combo tree, apricot tree and a pluot tree as well. The real benefit of this home is its great location. Its close to the 5 FWY, 405 FWY, shops, dining, markets, parks, entertainment, airport and schools. All-in-all you will not find a better home for the price in South Orange County.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 22% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 1,296 | 2,236 | 7% |
| Lot Size | 7,875 | 5,227 | 86% |
| Price | $999.0K | $1.40M | 3% |
| Price per sq ft | $771 | $671 | 74% |
| Built year | 1979 | 1978 | 52% |
| HOA | $0 | $140 | 21% |
| Days on market | 0 | 123 | 4% |
May 25, 2026
$999,000
Initial Listing
Aug 31, 2021
$750,000
Public Record
Jun 16, 2017
$575,000
Public Record
Oct 28, 2010
$360,000
Public Record
Mar 22, 2005
$527,500
Public Record