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

24691 Shadowfax
Lake Forest, California 92630
Property Price
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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24691 Shadowfax Subject | $1,549,000* List Price | 4 | 3 | 2,215 | $657 | - |
A 24772 Eldamar Avenue Sold | $1,450,000 | 4 | 3 | 2,116 | $685 | 0.1 mi |
B 22941 Belquest Drive Sold | $1,180,000 | 4 | 2 | 1,779 | $663 | 0.5 mi |
C 21841 Zuni Sold | $1,205,800 | 4 | 3 | 2,078 | $580 | 1.0 mi |
D 24811 Calle El Toro Grande Sold | $1,249,000 | 5 | 2 | 1,825 | $684 | 0.6 mi |
E 23076 Dune Mear Road Sold | $1,200,000 | 4 | 2 | 1,911 | $628 | 0.6 mi |
F 24946 Ravenswood Sold | $1,400,000 | 4 | 3 | 2,467 | $567 | 0.3 mi |
G 24492 Blackfoot Pending | $1,499,000 List Price | 4 | 3 | 2,485 | $603 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
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
La Madera Elementary School
Grades K-6 • 0.9 mi
Serrano Intermediate School
Grades 7-8 • 0.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,215 | 2,185.5 | 51% |
| Lot Size | 7,935 | 5,400 | 91% |
| Price | $1.55M | $1.37M | 65% |
| Price per sq ft | $699 | $675 | 60% |
| Built year | 1969 | 1978 | 15% |
| HOA | $229.0 | $140 | 74% |
| Days on market | 9 | 178 | 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

















































