25482 Coral Wood Street, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 2 bath

25482 Coral Wood Street, Lake Forest, California 92630 home-pic-0
ACTIVE$1,149,900
25482 Coral Wood Street, Lake Forest, California 92630
3Beds
2Baths
1,782Sqft
5,253Lot

Price Vs. Estimate

The estimated value ($1,149,900) is $0 (0%) lower than the list price ($1,149,900). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Remodel: The home has been beautifully and extensively remodeled with modern finishes throughout, including new flooring, interior/exterior paint, a fully updated kitchen with quartz countertops and stainless steel appliances, and completely renovated bathrooms, making it a turnkey property.
Top Cons:
Multiple Price Reductions: The property has undergone several price reductions from its original list price of $1.2299M to the current $1.1499M, which could suggest initial overpricing or a longer time on market.

Compared to the nearby listings

Price:$1.15M vs avg $1.31M ($-160,100)20%
Size:1,782 sqft vs avg 2,120 sqft31%
Price/sqft:$645 vs avg $67441%

More Insights

Built in 1978 (47 years old).
Condition: Despite being built in 1978, this property has undergone an extensive and high-quality renovation, making it virtually new in terms of aesthetics and functionality. The description explicitly states 'beautifully remodeled,' 'modern finishes throughout,' 'new flooring, paint inside-outside,' a 'fully updated kitchen with quartz countertops, and stainless steel appliances,' and 'stylishly bathrooms, master bathroom completely remodeled.' The images confirm these updates, showcasing a modern kitchen with gray shaker cabinets, quartz countertops, and stainless steel appliances, and bathrooms with new vanities, modern fixtures (gold and black), and contemporary tiling. The flooring is new LVP/wood laminate throughout, and light fixtures are modern. This property meets the 'excellent' criteria for being extensively renovated within the last 5 years, with all components appearing new or virtually new and meeting current quality standards.
Year Built
1978
Close
-
List price
$1.15M
Original List price
$1.23M
Price/Sqft
$645
HOA
-
Days on market
-
Sold On
-
MLS number
PW25159576
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Welcome to this beautifully remodeled home, in the desirable area of Lake Forest! 3 bedroom, 2 bathroom home is perfectly located close to local gyms, restaurants, coffee shops, and everyday conveniences. The home offers modern finishes throughout, including new flooring, paint inside-outside, a fully updated kitchen with quartz countertops, and stainless steel appliances, stylishly bathrooms, master bathroom completely remodeled, the low maintenance backyard provides a perfect space for outdoor gatherings. With easy access to the 5 and 241 freeways, this is a rare opportunity to own a turnkey home in one of South of Orange County's most sought-after neighborhoods. Don't miss your chance to make this Lake Forest gem your own!!

Condition Rating
Excellent

Despite being built in 1978, this property has undergone an extensive and high-quality renovation, making it virtually new in terms of aesthetics and functionality. The description explicitly states 'beautifully remodeled,' 'modern finishes throughout,' 'new flooring, paint inside-outside,' a 'fully updated kitchen with quartz countertops, and stainless steel appliances,' and 'stylishly bathrooms, master bathroom completely remodeled.' The images confirm these updates, showcasing a modern kitchen with gray shaker cabinets, quartz countertops, and stainless steel appliances, and bathrooms with new vanities, modern fixtures (gold and black), and contemporary tiling. The flooring is new LVP/wood laminate throughout, and light fixtures are modern. This property meets the 'excellent' criteria for being extensively renovated within the last 5 years, with all components appearing new or virtually new and meeting current quality standards.
Pros & Cons

Pros

Extensive Modern Remodel: The home has been beautifully and extensively remodeled with modern finishes throughout, including new flooring, interior/exterior paint, a fully updated kitchen with quartz countertops and stainless steel appliances, and completely renovated bathrooms, making it a turnkey property.
Prime Location & Accessibility: Strategically located in a desirable Lake Forest neighborhood, the property offers convenient access to local gyms, restaurants, coffee shops, everyday conveniences, and major freeways (5 and 241).
Turnkey Condition: Explicitly described as a 'turnkey home,' indicating it is move-in ready and requires no immediate major renovations or repairs, appealing to buyers seeking immediate occupancy.
Desirable Neighborhood: Situated in one of South Orange County's most sought-after neighborhoods, enhancing its long-term value and appeal to a broad range of buyers.
Low Maintenance Outdoor Space: The property features a low maintenance backyard, providing a perfect and manageable space for outdoor gatherings without demanding extensive upkeep.

Cons

Multiple Price Reductions: The property has undergone several price reductions from its original list price of $1.2299M to the current $1.1499M, which could suggest initial overpricing or a longer time on market.
Age of Construction: Built in 1978, despite extensive cosmetic remodels, the underlying structure and potentially some core systems (e.g., plumbing, electrical, HVAC not explicitly mentioned as new) are older, which could lead to future maintenance considerations.
Standard View: While the property 'has_view', it is specified as a 'Neighborhood' view, lacking the premium scenic vistas (e.g., ocean, city lights, hills) that often command higher value in the Orange County market.

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