24691 Shadowfax, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 3 bath

24691 Shadowfax, Lake Forest, California 92630 home-pic-0

24691 Shadowfax

Lake Forest, California 92630

ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,215Sq Ft
7,935Lot Size

Property Price

LIST PRICE$1,549,000
EST. MARKET VALUE
$1,456,160
6% AboveMARKET VALUE

SUMMARY

Analysis of 24691 Shadowfax, Lake Forest, California 92630 reveals a property with a current list price of $1,549,000, which is 6% above the estimated $1,456,160 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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

$1,456,160
Based on Realkey algorithm analyzing recent comparable sales in Lake Forest.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
24691 Shadowfax
Subject
$1,549,000*
List Price
432,215$657-
A
24772 Eldamar Avenue
Sold
$1,450,000432,116$6850.1 mi
B
22941 Belquest Drive
Sold
$1,180,000421,779$6630.5 mi
C
21841 Zuni
Sold
$1,205,800432,078$5801.0 mi
D
24811 Calle El Toro Grande
Sold
$1,249,000521,825$6840.6 mi
E
23076 Dune Mear Road
Sold
$1,200,000421,911$6280.6 mi
F
24946 Ravenswood
Sold
$1,400,000432,467$5670.3 mi
G
24492 Blackfoot
Pending
$1,499,000
List Price
432,485$6030.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

This property underwent a comprehensive 2025 renovation that effectively modernized the 1969 structure to current standards. The renovation includes a brand-new kitchen with modern appliances, fully remodeled bathrooms, luxury vinyl plank flooring, and updated recessed lighting throughout. Significant infrastructure upgrades—including a full PEX repipe, an upgraded electrical panel ready for EV charging, new energy-efficient windows, and foundation reinforcements—ensure the home is in turnkey condition with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Comprehensive 2025 Renovation

    This turnkey home features a complete 2025 overhaul that includes high-end cosmetic finishes and critical infrastructure upgrades like a full PEX repipe and foundation reinforcement.

  • Exclusive Community Amenities

    Residents enjoy access to the Lake Forest Beach & Tennis Club, offering premium facilities including heated pools, a beach lagoon, and pickleball courts.

  • Modernized Infrastructure

    The property is future-proofed with an upgraded electrical panel ready for solar and EV charging, along with energy-efficient windows and new insulation for enhanced comfort.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2215, other record living area = 2116.

  • 1969 Structural Vintage

    Although extensively renovated, the home's 1969 origin may still reflect older architectural footprints or structural characteristics compared to contemporary new-construction homes.

  • Inconsistent School Ratings

    While the high school is well-rated, the nearby Santiago Elementary School holds a lower rating of 3, which could be a consideration for families prioritizing top-tier primary education.

About 24691 Shadowfax

Set beneath a canopy of soaring eucalyptus trees, this beautifully renovated home offers tranquility the moment you arrive. Located in The Woods, one of South Orange County’s most distinctive enclaves, shaded streets and oversized lots create a setting that feels transportive, yet you remain just moments from it all. Completed with a long-term lens, the 2025 renovation blends elevated turnkey design with meaningful infrastructure improvements, while preserving the warmth and architectural character that make The Woods so visually distinct. Enter to airy vaulted ceilings and a smooth, open flow throughout the main living spaces. The redesigned gas fireplace serves as a striking focal point, featuring new finishes and remote control functionality for tailored warmth and ambiance. The living room connects to the dining nook and functionally designed kitchen with all new appliances, while an additional dining area and adjoining family room offer flexibility. A full wall of windows brings in natural light through the surrounding trees, creating a true indoor-outdoor feel. Extra-thick luxury vinyl plank flooring, fresh paint, recessed lighting, updated fixtures, fully renovated bathrooms, and all new custom solid core doors elevate the interiors. Newly insulated walls and ceilings, along with energy-efficient, noise-reducing windows and sliding glass doors, enhance comfort and quiet throughout. Upstairs, the remodeled primary suite offers serene treetop views from a private balcony, joined by three additional bedrooms and an updated secondary bath. Outside, an expansive deck with spa and treehouse creates a relaxed retreat. An oversized interior laundry room with storage and direct garage access adds everyday functionality. Behind the design, infrastructure improvements include replaced and expanded electrical with an upgraded panel ready for solar and EV charging, a full PEX repipe, foundation reinforcements, and refreshed landscaping, gutters, and downspouts. Shopping, dining, entertainment, schools, amenities, and everyday conveniences are at your fingertips, including Irvine Spectrum, Great Park, and Lake Forest Sports Park. HOA membership includes access to the Lake Forest Beach & Tennis Club with heated pools, beach lagoon, pickleball, basketball, and event space. A rare opportunity to own a truly turnkey home where timeless character meets renovation depth…this is an opportunity not to be missed.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1969
Lot Size
7,935 Sq. Ft.

Interior

Total Bedrooms
4
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$229.0 / Month

Neighborhood Insights

Lake Forest Unified Schools

Santiago Elementary School

Grades K-6 • 0.4 mi

3/10

La Madera Elementary School

Grades K-6 • 0.9 mi

7/10

Serrano Intermediate School

Grades 7-8 • 0.2 mi

6/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds4.04.0
50%
Baths3.03.0
50%
Square foot2,2152,185.5
51%
Lot Size7,9355,400
91%
Price$1.55M$1.37M
65%
Price per sq ft$699$675
60%
Built year19691978
15%
HOA$229.0$140
74%
Days on market9178
1%

Pricing History

Listed for Sale

Feb 26, 2026

$1,549,000

Initial Listing

Sold

Jul 29, 2019

$793,000

Public Record

Sold

Sep 13, 2000

$333,000

Public Record

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