24931 Timberwood, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 4 bath
24931 Timberwood
Lake Forest, California 92630
Property Price
SUMMARY
Analysis of 24931 Timberwood, Lake Forest, California 92630 reveals a Fairly Priced Property with a current list price of $1,370,000 aligned with the estimated $1,370,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 |
|---|---|---|---|---|---|---|
★ 24931 Timberwood Subject | $1,370,000* List Price | 4 | 4 | 2,649 | $517 | - |
A 24946 Ravenswood Sold | $1,400,000 | 4 | 3 | 2,467 | $567 | 0.3 mi |
B 21832 Bass Lake Sold | $1,525,000 | 6 | 4 | 2,890 | $528 | 0.3 mi |
C 24966 Valley Rim Terrace Sold | $1,440,000 | 5 | 3 | 2,598 | $554 | 0.2 mi |
D 24975 Heartwood Circle Sold | $1,440,000 | 4 | 3 | 2,728 | $528 | 0.1 mi |
E 24661 Woodhill Ln Sold | $1,300,000 | 4 | 3 | 2,459 | $529 | 0.5 mi |
F 24771 Camino Villa Sold | $1,350,000 | 4 | 3 | 2,236 | $604 | 0.6 mi |
G 24882 Timberwood Way Active | $1,775,000 List Price | 5 | 3 | 2,912 | $610 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and well-maintained with significant updates to key areas including the kitchen and primary bathroom. It features modern functional upgrades such as an improved electrical panel, Level 2 EV charging, and a whole-home water softener. While the home was built in 1976, these renovations and the overall quality of the living spaces meet the criteria for 'good' condition.
PROSSTRENGTHS & OPPORTUNITIES
CONSRISKS & DEFICIENCIES
About 24931 Timberwood
****PRICE IMPROVEMENT - BACK ON THE MARKET- NEW OPPORTUNITY- BETTER THAN EVER!***** Recently adjusted to $1,370,000, this home is now one of the best-positioned values in the area, offering an ideal blend of location, layout, and lifestyle. *****Back on market after escrow cancellation through no fault of the seller.***** Welcome to this well-maintained 4-bedroom, 3.5-bath home located in the Lake Forest II community with access to the Sun & Sail Club. This 2,649 sq ft residence features bright and functional living spaces including an inviting foyer, an oversized living room, a spacious family room, and an updated kitchen. Property improvements include upgraded flooring, an upgraded electrical panel, a whole-home water softener system, Level 2 EV charging access for two vehicles (with one charger included), and an updated primary bathroom. The backyard offers a private setting suitable for outdoor enjoyment. The upper level includes four bedrooms, including a primary suite with generous closet space and an upgraded private bath. The Lake Forest II community provides access to amenities such as pools, sports courts, a fitness facility, and lakeside common areas. Located near schools, parks, trails, shopping, and dining. This home offers a combination of space, improvements, and community features in a well-established neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1976
- Lot Size
- 6,650 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $200.0 / Month
Neighborhood Insights
Lake Forest Unified Schools
Santiago Elementary School
Grades K-6 • 0.6 mi
La Madera Elementary School
Grades K-6 • 0.7 mi
Serrano Intermediate School
Grades 7-8 • 0.7 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 | 4.0 | 3.0 | 77% |
| Square foot | 2,649 | 2,185.5 | 72% |
| Lot Size | 6,650 | 5,400 | 67% |
| Price | $1.37M | $1.37M | 50% |
| Price per sq ft | $517 | $675 | 9% |
| Built year | 1976 | 1978 | 36% |
| HOA | $200.0 | $140 | 61% |
| Days on market | 86 | 178 | 12% |
Pricing History
Listed for Sale
Feb 19, 2026
$1,370,000
$1,429,000
-4% Price Drop
Initial Listing
Price Change
Jan 31, 2026
$1,429,000
$1,449,000
-1% Price Drop
Initial Listing
Price Change
Dec 11, 2025
$1,449,000
Initial Listing
Sold
Nov 12, 2020
$829,000
Public Record
Sold
Jan 21, 1998
$227,500
Public Record