
Lake Forest, California 92630
This Single-Family Residence represents a High-Potential Investment Opportunity, listed at $1,205,000—positioned above the $1,163,104 Fair Market Value. While currently priced above market, the property features a Condition Rating of 3, boasting modern upgrades like granite countertops, dual-pane windows, and central A/C. The expansive 9,135 sf lot provides significant utility for outdoor living or future expansion. Located in the Saddleback Valley Unified district with no HOA fees, this home is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or long-term investors prioritizing land value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24745 Calle El Toro Grande Subject | $1,205,000* List Price | 3 | 2 | 1,509 | $771 | - |
A 24745 Calle El Toro Grande Sold | $1,173,000 | 3 | 2 | 1,509 | $777 | 0.0 mi |
B 22825 Rumble Sold | $1,150,000 | 3 | 2 | 1,335 | $861 | 0.2 mi |
C 24236 Jagger Sold | $915,000 | 3 | 2 | 1,540 | $594 | 0.6 mi |
D 23861 Palmek Circle Sold | $1,210,000 | 4 | 2 | 1,504 | $805 | 0.9 mi |
E 23952 Dublin Sold | $990,780 | 4 | 2 | 1,540 | $643 | 0.9 mi |
F 24631 Overlake Sold | $1,150,000 | 4 | 2 | 1,955 | $588 | 0.3 mi |
G 22712 Foxborough Sold | $1,220,000 | 3 | 2 | 1,689 | $722 | 1.0 mi |
H 23802 Palmek Sold | $1,120,250 | 3 | 2 | 1,144 | $979 | 0.9 mi |
I 24402 Osprey Street Active | $1,150,000 List Price | 3 | 2 | 1,400 | $821 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1966, the property has undergone significant renovations within the 5-15 year range. Updates include a modernized bathroom with a tiled walk-in shower, granite countertops, updated appliances, dual-pane windows, and a newer central A/C system. The interior is well-maintained with fresh paint and new carpet, making it fully move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9135, living area = 1509.
The property boasts a rare 9,135 square foot lot featuring an oversized backyard and covered patio, providing exceptional space for entertaining, gardening, or future ADU potential.
Located in a community with no HOA, this home offers significant monthly savings and greater freedom for property modifications compared to neighboring associations.
The property was recently sold within the past year on 2026-03-05. The sold price is $1,173,000.00.
The property does not offer any significant views, which may be a drawback for buyers prioritizing the panoramic vistas common in other parts of Lake Forest.
With 66 days on the market and a recent price reduction, the property may be facing challenges with buyer perception regarding its value relative to current market conditions.
Beautifully maintained single-level Lake Forest home situated on an expansive 9,135 sf lot with no HOA and an incredible oversized backyard that truly sets this property apart. The private outdoor retreat features a spacious covered patio and abundant space for entertaining, outdoor dining, gardening, recreation, or future customization. Perfect for enjoying Southern California's year round indoor-outdoor lifestyle. Inside, the home offers approximately 1,509 square feet of comfortable living space with three bedrooms, two bathrooms, and a thoughtfully designed floor plan featuring multiple inviting living areas. Recent updates include fresh interior paint, new carpet, dual-pane windows, central A/C, updated appliances, and granite countertops. Charming architectural details such as exposed beam ceilings, built-in features, crown molding around windows and doorways, a cozy fireplace, and a striking mirrored accent wall in the living room add warmth and character throughout. The spacious primary suite provides a peaceful retreat, while the secondary bedrooms offer flexibility for guests, a home office, or growing household needs. Combining exceptional outdoor space, functional single-level living, and endless potential, this is a rare opportunity to own a beautifully cared for home in one of Lake Forest's most desirable neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,509 | 2,240.102 |
| Lot Size | 9,135 | 5,415.915 |
| Price | $1.21M | $1.45M |
| Price per sq ft | $799 | $665 |
| Built year | 1966 | 1981 |
| HOA | $0 | $159 |
| Days on market | 84 | 47 |
Aug 22, 2026
$1,205,000
$1,225,000
-2% Price Drop
Initial Listing
Jun 17, 2026
$1,225,000
Initial Listing
Mar 5, 2026
$1,173,000
Public Record