
Lake Forest, California 92630
This Single-Story Residential Property represents a Strong Value Opportunity, listed at $1,000,000—positioned well below the $1,054,425 Fair Market Value by 5%. This valuation gap provides $54,425 in Instant Equity. Featuring a Condition Rating of 4, the home offers recent cosmetic refreshes while leaving room for modernization of the kitchen and baths. With a 9,870-square-foot corner lot and a covered patio, this home is ideal for Owner-Occupants seeking long-term appreciation or Value-Add Investors targeting the Lake Forest market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25281 Romera Place Subject 3 bd · 2 ba · 1,248 sqft · $845 | $1,000,000* List Price | 3 | 2 | 1,248 | $845 | - |
A 23051 Cavanaugh Road Sold 3 bd · 2 ba · 1,157 sqft · $855 · 0.8 mi | $989,000 | 3 | 2 | 1,157 | $855 | 0.8 mi |
B 25352 Navajo Sold 3 bd · 3 ba · 1,684 sqft · $674 · 0.6 mi | $1,135,000 | 3 | 3 | 1,684 | $674 | 0.6 mi |
C 22712 Foxborough Sold 3 bd · 2 ba · 1,689 sqft · $722 · 0.5 mi | $1,220,000 | 3 | 2 | 1,689 | $722 | 0.5 mi |
D 24745 Calle El Toro Grande Active 3 bd · 2 ba · 1,509 sqft · $795 · 0.6 mi | $1,199,999 List Price | 3 | 2 | 1,509 | $795 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home features recent cosmetic updates including new LVP flooring, carpet, and paint, the core kitchen and bathroom areas remain dated (likely 20+ years old) and are noted in the description as needing future updates. Built in 1972, the property is well-maintained and move-in ready but requires modernization of major systems and wet areas to meet higher condition ratings.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9870, living area = 1248.
The property features a generous 9,870-square-foot corner lot, offering significant outdoor space for entertaining, a koi pond, and rare potential for future expansion or ADU development.
The home boasts immediate curb appeal and livability with new luxury vinyl plank flooring, fresh interior paint, new carpeting, and updated LED lighting throughout.
While the main living areas are refreshed, the kitchen and bathrooms are in original condition and will require additional capital investment to modernize and maximize value.
Located directly across from El Toro High School, the property is subject to increased noise, pedestrian activity, and traffic congestion during school hours and sporting events.
Situated on a generous 9,870-square-foot corner lot in an established Lake Forest neighborhood, 25281 Romera Place is a charming single-story home offering three bedrooms, two bathrooms, and 1,248 square feet of living space. The comfortable, easy-flowing floor plan features a spacious, light-filled living room with a cozy fireplace and views of the backyard. This versatile space offers wonderful flexibility, whether envisioned as an inviting great room for entertaining and gathering with family and friends or as an elegant formal dining room for hosting memorable occasions. The kitchen provides an additional dining area for casual everyday meals. Recent improvements include fresh interior paint, new LED lighting, new baseboards, new bedroom carpeting, and attractive luxury vinyl plank flooring throughout the entry, living room, and hallway. The kitchen and bathrooms offer opportunities for personal touches and future updates. Step outside to discover an expansive backyard surrounded by mature landscaping, featuring a covered patio and charming koi pond. With an abundance of outdoor space, there's plenty of room for entertaining, outdoor dining, gardening, or simply relaxing and enjoying the Southern California lifestyle, along with exciting possibilities for future enhancements. Conveniently located across from El Toro High School and near parks, shopping, dining, and major transportation routes, this home offers a wonderful opportunity to enjoy an established neighborhood, a comfortable single-story layout, and an exceptionally generous lot.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,248 | 2,188.592 |
| Lot Size | 9,870 | 5,557.578 |
| Price | $1.00M | $1.44M |
| Price per sq ft | $801 | $661 |
| Built year | 1972 | 1981 |
| HOA | $0 | $158 |
| Days on market | 3 | 50 |
Oct 22, 2026
$1,000,000
Initial Listing
Oct 21, 1994
$168,000
Public Record