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24931 Timberwood, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 4 bath

24931 Timberwood, Lake Forest, California 92630 home-pic-0
ACTIVE$1,449,000
24931 Timberwood, Lake Forest, California 92630
4Beds
4Baths
2,649Sqft
6,650Lot

Price Vs. Estimate

The estimated value ($1,412,985.93) is $36,014.07 (2%) lower than the list price ($1,449,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Community Amenities: Access to the Lake Forest II community and Sun & Sail Club, offering a wide range of amenities including pools, sports courts, a fitness facility, and lakeside common areas.
Top Cons:
Age of Property: Built in 1976, the home's age may imply potential for older systems or components not explicitly mentioned as upgraded, and could require further modernization in some areas.

Compared to the nearby listings

Price:$1.45M vs avg $1.31M (+$139,000)65%
Size:2,649 sqft vs avg 2,130 sqft76%
Price/sqft:$547 vs avg $67417%

More Insights

Built in 1976 (49 years old).
Condition: The property, built in 1976, has undergone significant and recent updates, particularly in the kitchen and primary bathroom, which are key areas for condition assessment. The kitchen features modern dark shaker-style cabinets, light quartz countertops, and stainless steel appliances, indicating a renovation likely within the last 5-10 years. The primary bathroom is extensively updated with contemporary finishes, including vessel sinks, modern black fixtures, a freestanding tub, and a dark vanity, appearing very recent. Upgraded flooring throughout, an upgraded electrical panel, and a whole-home water softener system further contribute to its move-in ready status. While the overall structure is older, these substantial renovations, especially in critical areas, elevate its condition beyond 'Fair'. The absence of central air conditioning mention is a minor drawback but does not outweigh the extensive modernizations.
Year Built
1976
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$547
HOA
$200
Days on market
-
Sold On
-
MLS number
OC25271167
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

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.

Nearby schools

3/10
Santiago Elementary School
Public,•K-6•0.6mi
7/10
La Madera Elementary School
Public,•K-6•0.7mi
6/10
Serrano Intermediate School
Public,•7-8•0.7mi
7/10
El Toro High School
Public,•9-12•0.6mi

Price History

Date
Event
Price
01/21/98
Sold
$227,500
11/12/20
Sold
$829,000
Condition Rating
Good
The property, built in 1976, has undergone significant and recent updates, particularly in the kitchen and primary bathroom, which are key areas for condition assessment. The kitchen features modern dark shaker-style cabinets, light quartz countertops, and stainless steel appliances, indicating a renovation likely within the last 5-10 years. The primary bathroom is extensively updated with contemporary finishes, including vessel sinks, modern black fixtures, a freestanding tub, and a dark vanity, appearing very recent. Upgraded flooring throughout, an upgraded electrical panel, and a whole-home water softener system further contribute to its move-in ready status. While the overall structure is older, these substantial renovations, especially in critical areas, elevate its condition beyond 'Fair'. The absence of central air conditioning mention is a minor drawback but does not outweigh the extensive modernizations.
Pros & Cons

Pros

Extensive Community Amenities: Access to the Lake Forest II community and Sun & Sail Club, offering a wide range of amenities including pools, sports courts, a fitness facility, and lakeside common areas.
Significant Recent Upgrades: The property boasts numerous improvements such as upgraded flooring, an upgraded electrical panel, a whole-home water softener system, Level 2 EV charging for two vehicles, and an updated primary bathroom.
Spacious and Functional Layout: With 2,649 sq ft, the home features an inviting foyer, an oversized living room, a spacious family room, and an updated kitchen, providing ample and functional living spaces.
Prime Location: Conveniently located near schools, parks, trails, shopping, and dining, offering excellent accessibility and lifestyle benefits.
Private Outdoor Space: The backyard offers a private setting, ideal for outdoor enjoyment and relaxation.

Cons

Age of Property: Built in 1976, the home's age may imply potential for older systems or components not explicitly mentioned as upgraded, and could require further modernization in some areas.
Absence of Central Air Conditioning Mention: The property description does not specify the presence of a cooling system, which could be a significant concern for comfort during warmer months in California.
Ongoing Association Fees: A monthly association fee of $200 adds to the recurring cost of homeownership, which may be a consideration for some potential buyers.

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