
Lake Forest, California 92630
This property presents a High-Potential Investment Opportunity with a List Price of $1,200,000—positioned well above the $1,025,210 Fair Market Value by -17%. While the home requires a full interior renovation, it features critical infrastructure upgrades including a metal roof, copper plumbing, and updated HVAC. Located in the Saddleback Valley Unified district with access to the Lake Forest Sun & Sail Club, this Condition Rating 5 asset is ideal for Value-Add Investors or Owner-Occupants seeking to customize a single-story home in a prime community.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25061 Shaver Lake Subject | $1,200,000* List Price | 3 | 2 | 1,600 | $641 | - |
A 24142 Minnetonka Lane Sold | $1,150,000 | 3 | 2 | 1,570 | $732 | 0.9 mi |
B 24396 Calle Pequeno Pending | $1,200,000 List Price | 4 | 3 | 2,105 | $570 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 with original kitchen and bathrooms that the listing explicitly states need a full remodel. While major systems like the roof, HVAC, and plumbing (copper) have been updated, the interior is significantly dated with popcorn ceilings and worn finishes, requiring a complete cosmetic rehab.
The property features significant high-cost improvements already completed, including a durable metal replacement roof, copper re-piping, and updated heating and air-ducting, providing peace of mind and reducing immediate capital expenditure.
Ownership includes access to the Lake Forest Sun & Sail Club, offering resort-style facilities such as multiple pools, tennis and pickleball courts, a fitness center, and clubhouse amenities that enhance the lifestyle value.
Built by the reputable S&S home builders, this single-story floor plan is highly sought after for its accessibility and functional flow, making it an ideal canvas for a modern open-concept renovation.
The home is in mostly original condition and requires a comprehensive interior remodel, including the kitchen, bathrooms, and finishes, which will necessitate a significant additional investment of time and capital.
The property does not offer any significant views, which may be a drawback for buyers specifically looking for the hillside or park vistas common in other parts of the Lake Forest community.
Opportunities like this are becoming harder and harder to find in the heart of Lake Forest. This single-level built by the famous S&S home builders offers something today’s buyers truly want — the chance to create a personalized dream home in an established neighborhood surrounded by parks, schools, recreation, and long-term pride of ownership. From the moment you arrive, there is a sense of possibility. The durable metal replacement roof already provides a major improvement many buyers never get along with copper re-piping and replacement heater with replacement air-ducting. Inside, the home is ready for a fresh vision — an opportunity to design the kitchen you have always wanted, select your own finishes and colors, remodel the bathrooms to your taste, and create a modern interior that reflects your personal style. What makes this opportunity especially compelling is the pricing. The home is intentionally priced to allow buyers room to invest in upgrades and still remain below surrounding fair market values, creating the rare combination of customization potential and long-term equity opportunity. The location only adds to the appeal. Enjoy nearby elementary schools, high school access, sports parks, and the lifestyle benefits that have made Lake Forest one of Orange County’s enduring communities. Ownership also includes access to Lake Forest Sun & Sail Club amenities featuring pools, tennis courts, paddle ball courts, clubhouse facilities, and fitness amenities — adding recreation and community connection to everyday living. For buyers seeking the increasingly rare combination of a single-story floorplan, strong neighborhood location, lifestyle amenities, and the chance to create something truly their own, this home represents far more than a remodel opportunity — it is a chance to fulfill the dream of owning and personalizing a home in the heart of Lake Forest.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 22% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 1,600 | 2,225.5 | 18% |
| Lot Size | 5,096 | 5,227 | 46% |
| Price | $1.20M | $1.40M | 23% |
| Price per sq ft | $750 | $672 | 68% |
| Built year | 1977 | 1978 | 48% |
| HOA | $112.0 | $138 | 39% |
| Days on market | 0 | 123 | 4% |
May 15, 2026
$1,200,000
Initial Listing