25261 Tanoak, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 2 bath
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Lake Forest, California 92630
This Turnkey Upper-Level Condominium is a Strong Value Opportunity, listed at $700,000—positioned well below the $730,973 Fair Market Value by 4%. This valuation gap offers $30,973 in Instant Equity for incoming owners. Featuring an Excellent Condition Rating, the home showcases a renovated quartz kitchen, stainless appliances, and a rare private driveway. Situated within the Saddleback Valley Unified district near El Toro High School, this residence combines financial logic with a high-quality lifestyle. It is a perfect fit for first-time buyers or Owner-Occupants seeking a polished, maintenance-free sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25261 Tanoak Subject | $700,000* List Price | 2 | 2 | 1,152 | $635 | - |
A 25214 Tanoak Lane Sold | $711,000 | 2 | 2 | 1,207 | $589 | 0.0 mi |
B 20033 Shamrock Sold | $679,000 | 2 | 2 | 1,008 | $674 | 0.7 mi |
C 26058 Serrano Court 87 Sold | $580,000 | 3 | 2 | 1,187 | $489 | 0.9 mi |
D 21208 Gladiolos Way Sold | $799,000 | 3 | 3 | 1,250 | $639 | 0.2 mi |
E 21324 Balsam Sold | $730,000 | 2 | 2 | 1,022 | $714 | 0.1 mi |
F 25183 Oak Canyon Active | $759,000 List Price | 2 | 2 | 1,178 | $644 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1984, the property has undergone a recent comprehensive renovation (likely <5 years) featuring a modern kitchen with quartz countertops, stainless steel appliances, and white shaker cabinetry. The interior is in mint, turnkey condition with fresh paint, updated flooring, and refreshed bathrooms, requiring no immediate maintenance.
The home features a fully modernized kitchen with quartz countertops and stainless steel appliances, complemented by fresh interior paint and refreshed bathrooms for immediate move-in appeal.
As a south-facing upper-end unit, the property maximizes sunlight throughout the day across all primary living spaces and bedrooms, creating a bright and airy atmosphere.
The unit offers a private second-level living arrangement with no neighbors above, a private driveway, and a balcony, providing a sense of seclusion rarely found in condominium living.
A recent price reduction of $49,000 from the original listing price suggests the property may have faced challenges with initial market expectations or local competition.
While the local high school is well-rated, the assigned elementary schools carry lower ratings (3 and 5), which may be a consideration for families with young children.
Beautifully maintained upper-end unit located in the highly desirable Tierra Vista community. All living spaces are privately situated on the second level, with both bedrooms and the main living area facing south, allowing for abundant natural light throughout the day. This turnkey home features a spacious primary suite and a well-sized second bedroom, both offering large closets with mirrored wardrobe doors. There are two full bathrooms, including a primary ensuite. Fresh interior paint and refreshed bathrooms enhance the home’s move-in ready appeal. The bright and airy living room opens to a private balcony with a natural gas hookup, ideal for outdoor grilling and relaxation. The kitchen is appointed with premium cabinetry, quartz countertops, stainless steel appliances, and a new dishwasher. Additional highlights include a convenient laundry chute leading to the downstairs garage laundry area with extra storage, as well as a large private driveway. This pet-friendly community offers easy access to the association pool and spa, walking trails, and nearby parks. Come see this wonderful home and make it yours!
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades K-6 • 3.1 mi
Grades 7-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,152 | 1,037 | 55% |
| Lot Size | 122,215 | 162,510 | 48% |
| Price | $700.0K | $625.0K | 55% |
| Price per sq ft | $608 | $603 | 52% |
| Built year | 1984 | 1983 | 51% |
| HOA | $440.0 | $460 | 40% |
| Days on market | 36 | 155 | 1% |
Apr 21, 2026
$700,000
$749,000
-7% Price Drop
Initial Listing
Mar 17, 2026
$749,000
Initial Listing
May 31, 2017
$457,500
Public Record
Apr 27, 2001
$195,000
Public Record