24662 Toledo, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 3 bath
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Lake Forest, California 92630
This Spacious Single Family Residence is a Strong Value Opportunity, listed at $1,600,000—positioned well above the $1,459,312 Fair Market Value by 9%. While priced as a premium asset, the home offers a Good Condition Rating with a Granite Kitchen and an oversized lot featuring a Wraparound Patio. Located in the Saddleback Valley Unified district with access to Top-Rated Schools, this property provides a stable lifestyle investment. It is an ideal acquisition for Owner-Occupants seeking a lakeside retreat or Long-term Investors prioritizing location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24662 Toledo Subject | $1,600,000* List Price | 3 | 3 | 2,208 | $661 | - |
A 21851 Ute Way Sold | $1,273,660 | 3 | 3 | 2,022 | $630 | 0.8 mi |
B 24665 Via Tonada Sold | $1,325,000 | 4 | 3 | 2,244 | $590 | 0.5 mi |
C 22112 Comanche Sold | $1,425,000 | 4 | 3 | 2,200 | $648 | 0.8 mi |
D 22141 Comanche Sold | $1,485,000 | 4 | 3 | 2,260 | $657 | 0.8 mi |
E 24281 Sparrow Sold | $1,305,000 | 4 | 3 | 2,168 | $602 | 0.5 mi |
F 25582 Hazelnut Sold | $1,428,100 | 4 | 3 | 2,140 | $667 | 1.0 mi |
G 24422 Via Del Rio Active | $1,449,900 List Price | 4 | 3 | 2,124 | $683 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1972, the property has undergone significant updates that place it in the 'Good' category. The kitchen features a mid-range renovation (approx. 10-15 years old) with granite countertops, stainless steel appliances, and updated cabinetry. The interior boasts well-maintained laminate flooring and a functional layout. While some elements like popcorn ceilings and older window styles persist, the home is move-in ready and well-maintained.
Ideally situated near the Sun & Sail Club and local greenbelts, offering residents exclusive access to premium recreational facilities and a desirable lakeside lifestyle.
The home features over 2,200 square feet of living area with soaring ceilings and a rare 3-car garage, providing ample room for storage and comfortable family living.
Boasting an oversized lot with a gated, wraparound brick and concrete patio, the property offers a private and expansive setting for outdoor entertaining.
Built in 1972, the interior features like the garden window and cabinetry may require cosmetic updates to align with contemporary luxury standards.
The monthly association fee of $358 represents a significant ongoing carrying cost that may impact the budget of some prospective buyers.
Welcome to 24662 Toledo Way, a spacious and well-maintained home ideally situated in one of Lake Forest’s sought-after neighborhoods. Offering 3 bedrooms, 3 bathrooms, and approximately 2,208 square feet of living space, this home combines generous interiors with beautiful outdoor living areas and charming neighborhood surroundings. Inside, you’ll find soaring ceilings, abundant natural light, spacious living and dining areas, and a functional floor plan designed for comfortable everyday living and entertaining. The kitchen features ample cabinetry, generous counter space, a garden window, and a cozy breakfast nook overlooking the patio. The formal dining room is perfect for hosting gatherings, while the family room offers a warm and inviting space to relax. Upstairs, the spacious primary suite includes a private balcony retreat and en-suite bathroom, while the secondary bedrooms are generously sized and versatile for guests, family, or a home office. Situated on an oversized lot, the home features a large wraparound brick and concrete patio with gated entry, creating the perfect setting for outdoor entertaining, gardening, or enjoying Southern California evenings. Additional highlights include a 3-car garage, fenced yard, and a desirable location near the lake, greenbelt areas, parks, shopping, dining, and the popular Sun & Sail Club. Combining size, comfort, and an exceptional location, this Lake Forest home presents an incredible opportunity.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 22% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,208 | 2,236 | 49% |
| Lot Size | 5,650 | 5,227 | 58% |
| Price | $1.60M | $1.41M | 66% |
| Price per sq ft | $725 | $671 | 62% |
| Built year | 1972 | 1978 | 21% |
| HOA | $358.0 | $140 | 97% |
| Days on market | 16 | 123 | 4% |
May 21, 2026
$1,600,000
Initial Listing
Oct 2, 2000
$397,500
Public Record