24662 Toledo, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 3 bath
24662 Toledo
Lake Forest, California 92630
Property Price
SUMMARY
Analysis of 24662 Toledo, Lake Forest, California 92630 reveals a property with a current list price of $1,800,000, which is 19% above the estimated $1,451,524 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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 |
|---|---|---|---|---|---|---|
★ 24662 Toledo Subject | $1,800,000* List Price | 3 | 3 | 2,208 | $657 | - |
A 24602 Via Del Rio Sold | $1,275,000 | 4 | 3 | 2,124 | $600 | 0.3 mi |
B 21432 Via Viajante Sold | $1,295,000 | 3 | 3 | 1,900 | $682 | 0.5 mi |
C 21492 Almondwood Sold | $1,450,000 | 4 | 2 | 2,189 | $662 | 0.9 mi |
D 25492 Morningstar Road Sold | $1,300,000 | 4 | 3 | 1,904 | $683 | 0.9 mi |
E 21802 Bass Lake Circle Sold | $1,330,000 | 4 | 2 | 1,948 | $683 | 0.6 mi |
F 22321 Parkwood Active | $1,395,000 List Price | 4 | 3 | 2,279 | $612 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1972, this property is over 50 years old. While described as 'beautifully maintained' and having an 'updated kitchen,' the images suggest these updates are not recent or high-end. The kitchen features white cabinetry and stainless steel appliances, appearing functional but with a style that could be 10-20 years old. The bathroom shows a dated light fixture and vanity, indicating an older renovation or original features from 20-30+ years ago. The overall aesthetic, including the fireplace and carpeting, points to a home that has been cared for but has not undergone a comprehensive, modern renovation in recent years. Major systems may be nearing the end of their lifespan due to the property's age. It is aged but maintained, with functional but outdated components, aligning with a 'Fair' condition.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Location & Amenities
The property is nestled in one of Lake Forest’s most desirable neighborhoods, offering convenient access to parks, shopping, restaurants, and top-rated schools, enhancing its appeal to families and individuals.
- Updated Kitchen
The kitchen has been updated with generous counter space, custom cabinetry, and a cozy breakfast nook, providing a modern and functional space for daily living and entertaining.
- Spacious & Bright Interior
The home features an inviting floor plan with spacious living and dining areas, high ceilings, and abundant natural light throughout, creating an open and comfortable atmosphere.
CONSRISKS & DEFICIENCIES
- Significant Overpricing
The current listing price of $1.8M is considerably higher than the estimated property value of $1.52M, which may deter potential buyers and prolong market time.
- Age of Property
Built in 1972, the property is over 50 years old. While maintained, major systems (e.g., plumbing, electrical, HVAC, roof) may be original or nearing end-of-life, potentially requiring future capital expenditures.
- Generic View
The property offers a 'Neighborhood view,' which, while pleasant, is not a premium view (e.g., ocean, city lights, mountains) that some buyers might expect or desire at this price point in the region.
About 24662 Toledo
Nestled in one of Lake Forest’s most desirable neighborhoods, this beautifully maintained **3-bedroom, 3-bath home** offers **2,208 square feet of comfortable living space** designed for modern living. Step inside to discover an inviting floor plan featuring spacious living and dining areas, high ceilings, and abundant natural light throughout. The updated kitchen offers generous counter space, custom cabinetry, and a cozy breakfast nook—perfect for morning coffee or casual meals. The primary suite provides a private retreat with an en-suite bathroom, while the additional bedrooms are roomy and versatile, ideal for family, guests, or a home office. Enjoy the California lifestyle in the private backyard—great for relaxing, entertaining, or summer BBQs. The home also features a two-car garage and sits on a quiet, well-kept street close to parks, shopping, restaurants, and top-rated schools. Don’t miss your chance to own this charming Lake Forest home that blends comfort, convenience, and timeless appeal!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 5,650 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Rancho Canada Elementary School
Grades K-6 • 0.6 mi
Serrano Intermediate School
Grades 7-8 • 0.8 mi
El Toro High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 28% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,208 | 2,185.5 | 51% |
| Lot Size | 5,650 | 5,400 | 55% |
| Price | $1.80M | $1.37M | 78% |
| Price per sq ft | $815 | $675 | 84% |
| Built year | 1972 | 1978 | 19% |
| HOA | $0 | $140 | 26% |
| Days on market | 117 | 178 | 20% |
Pricing History
Listed for Sale
Nov 10, 2025
$1,800,000
Initial Listing
Sold
Oct 2, 2000
$397,500
Public Record