
Lake Forest, California 92630
This Renovated Single-Story Residence represents a Strong Value Opportunity, listed at $1,074,000—positioned well below the $1,116,622 Fair Market Value by 3%. This valuation gap offers $42,622 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with a modern open-concept kitchen and high-end finishes, the home offers a rare 94 Walkscore. While the enclosed patio remains unpermitted, the property’s prime location and turnkey interior make it an ideal acquisition for Owner-Occupants or first-time buyers seeking immediate lifestyle value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24668 Jutewood Subject 4 bd · 2 ba · 1,512 sqft · $694 | $1,049,000* List Price | 4 | 2 | 1,512 | $694 | - |
A 23861 Palmek Circle Sold 4 bd · 2 ba · 1,504 sqft · $805 · 0.4 mi | $1,210,000 | 4 | 2 | 1,504 | $805 | 0.4 mi |
B 23312 La Vaca Sold 4 bd · 2 ba · 1,212 sqft · $866 · 0.1 mi | $1,049,000 | 4 | 2 | 1,212 | $866 | 0.1 mi |
C 23045 El Caballo Street Sold 4 bd · 2 ba · 1,212 sqft · $899 · 0.4 mi | $1,090,000 | 4 | 2 | 1,212 | $899 | 0.4 mi |
D 24132 Palmek Circle Sold 4 bd · 3 ba · 1,696 sqft · $669 · 0.7 mi | $1,135,000 | 4 | 3 | 1,696 | $669 | 0.7 mi |
E 23372 Dune Mear Road Sold 4 bd · 2 ba · 1,660 sqft · $762 · 0.3 mi | $1,265,000 | 4 | 2 | 1,660 | $762 | 0.3 mi |
F 25241 Campo Rojo Sold 4 bd · 2 ba · 1,496 sqft · $795 · 0.9 mi | $1,190,000 | 4 | 2 | 1,496 | $795 | 0.9 mi |
G 23862 Palmek Sold 4 bd · 2 ba · 1,207 sqft · $895 · 0.5 mi | $1,080,000 | 4 | 2 | 1,207 | $895 | 0.5 mi |
H 24501 Bridger Road Sold 3 bd · 2 ba · 1,296 sqft · $764 · 0.8 mi | $990,000 | 3 | 2 | 1,296 | $764 | 0.8 mi |
I 23841 Palmek Active 4 bd · 2 ba · 1,606 sqft · $716 · 0.4 mi | $1,150,000 List Price | 4 | 2 | 1,606 | $716 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1964, the home has been recently 're-imagined' with a high-end interior renovation including a modern open-concept kitchen with a stainless steel hood, new flooring, recessed lighting, and updated fixtures, meeting the criteria for a renovation under 5 years old.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7200, living area = 1512.
With a Walkscore of 94 out of 100, this property is a rare 'walker's paradise' in Lake Forest, offering immediate proximity to shopping, dining, and essential amenities.
The home has been 're-imagined' with a bright, open kitchen and sunny gathering spaces, providing a contemporary aesthetic that appeals to modern buyer preferences.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1512, other record living area = 1212.
The property was recently sold within the past year on 2026-05-29. The sold price is $808,000.00.
Approximately 300 square feet of the total listed square footage is an enclosed patio with unknown permits, which could pose risks for appraisals, financing, or future code compliance.
Welcome to this beautifully re-imagined 4 bedroom, 2 bath single story home. You will fall in love with the bright, open kitchen and sunny gathering spaces. The enclosed patio offers approximately 300 square feet, included in the total listed square footage. Looking for a home that's super walkable? This is it. Not to brag or anything, but this home has a walkscore of 94 out of 100. A walker's paradise! This fantastic home is conveniently close to shopping, restaurants, the freeway and more. It's super rad!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,512 | 2,188.592 |
| Lot Size | 7,200 | 5,557.578 |
| Price | $1.05M | $1.44M |
| Price per sq ft | $694 | $661 |
| Built year | 1964 | 1981 |
| HOA | $0 | $158 |
| Days on market | 94 | 50 |
Sep 24, 2026
$1,049,000
$1,074,000
-2% Price Drop
Initial Listing
Jul 23, 2026
$1,074,000
Initial Listing
May 29, 2026
$808,000
Public Record