25152 25154 Mammoth Circle, Lake Forest, California 92630, Lake Forest, 92630 - bed, bath
ACTIVE$1,590,000
25152 25154 Mammoth Circle, Lake Forest, California 92630
0Bed
0Bath
3,288Sqft
6,120Lot
Price Vs. Estimate
The estimated value ($1,568,074.97) is $21,925.03 (1%) lower than the list price ($1,590,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income-Generating ADU: The property includes a 236 sqft Accessory Dwelling Unit (ADU) that is currently rented out, offering immediate rental income or potential for multi-generational living.
Top Cons:
Price Reductions & Valuation: The property has undergone multiple price reductions and is currently listed slightly above its estimated market value, potentially indicating initial overpricing or market resistance.
Compared to the nearby listings
Price:$1.59M vs avg $1.31M (+$280,000)74%
Size:3,288 sqft vs avg 2,130 sqft94%
Price/sqft:$484 vs avg $6745%
More Insights
Built in 1977 (48 years old).
Condition: Built in 1977, the property shows signs of regular maintenance and some updates. The kitchen features granite countertops, stainless steel appliances (range/hood), and recessed lighting, which are improvements from its original state. However, the traditional wood cabinetry and overall aesthetic suggest these updates were likely done 15-30 years ago, rather than a recent, comprehensive renovation. While functional and clean, the property's age and the style of its updates indicate it is well-maintained but not modern, aligning with the 'Fair' condition criteria. Without bathroom images, we assume a similar level of update and condition.
Year Built
1977
Close
-
List price
$1.59M
Original List price
$1.62M
Price/Sqft
$484
HOA
-
Days on market
-
Sold On
-
MLS number
OC25159926
Home ConditionFair
Features
Pool
View-
About this home
3053 sqft pool home and 236 sqft adu both rented out and tenants are month to month,
Nearby schools
7/10
Rancho Canada Elementary School
Public,•K-6•0.2mi
6/10
Serrano Intermediate School
Public,•7-8•0.8mi
7/10
El Toro High School
Public,•9-12•0.6mi
Condition Rating
Fair
Built in 1977, the property shows signs of regular maintenance and some updates. The kitchen features granite countertops, stainless steel appliances (range/hood), and recessed lighting, which are improvements from its original state. However, the traditional wood cabinetry and overall aesthetic suggest these updates were likely done 15-30 years ago, rather than a recent, comprehensive renovation. While functional and clean, the property's age and the style of its updates indicate it is well-maintained but not modern, aligning with the 'Fair' condition criteria. Without bathroom images, we assume a similar level of update and condition.
Pros & Cons
Pros
Income-Generating ADU: The property includes a 236 sqft Accessory Dwelling Unit (ADU) that is currently rented out, offering immediate rental income or potential for multi-generational living.
Private Swimming Pool: Features a private pool, a highly desirable amenity for recreation, entertainment, and enhancing property value, especially in the California climate.
Flexible Occupancy: Both the main home and ADU are occupied by month-to-month tenants, providing flexibility for a new owner to continue renting, adjust terms, or plan for owner-occupancy.
Strong School District: Located near highly-rated public schools (Rancho Canada Elementary 7/10, El Toro High School 7/10), making it attractive to families.
Generous Living Space: Offers a substantial 3288 sqft of total living space on a 6120 sqft lot, providing ample room for comfortable living and outdoor activities.
Cons
Price Reductions & Valuation: The property has undergone multiple price reductions and is currently listed slightly above its estimated market value, potentially indicating initial overpricing or market resistance.
Property Age: Built in 1977, the home is nearly 50 years old, which may suggest a need for significant updates, renovations, or maintenance to meet modern standards and preferences.
Tenant Management: The presence of existing tenants, while providing income, means the new owner will need to manage tenant relations, lease agreements, or the process of vacating the property if they intend to occupy it.