
Lake Forest, California 92630
This Turnkey Condominium is a Strong Value Opportunity, listed at $649,000—positioned slightly above the $638,074 Fair Market Value. While the property does not offer instant equity, its Mint Condition Rating—achieved through a complete top-to-bottom renovation—ensures a move-in-ready lifestyle without the stress of immediate repairs. Featuring a Premium Corner Unit location, a private backyard, and a modern kitchen, this home offers long-term stability in the Saddleback Valley Unified district. It is an ideal acquisition for first-time buyers or owner-occupants seeking a high-quality, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25885 Trabuco Road 310 Subject | $649,000* List Price | 2 | 2 | 1,190 | $536 | - |
A 25885 Trabuco 172 Sold | $609,000 | 2 | 2 | 1,190 | $512 | 0.1 mi |
B 25885 Trabuco Road 203 Sold | $580,000 | 2 | 2 | 1,190 | $487 | 0.1 mi |
C 25885 Trabuco Road 56 Sold | $580,000 | 2 | 2 | 1,190 | $487 | 0.1 mi |
D 25885 Trabuco 213 Sold | $599,900 | 2 | 2 | 1,190 | $504 | 0.1 mi |
E 25712 Le Parc Sold | $630,000 | 3 | 2 | 1,123 | $561 | 0.4 mi |
F 26364 Spring Creek Circle 50 Sold | $745,000 | 2 | 3 | 1,263 | $590 | 0.4 mi |
G 25885 Trabuco Road 206 Sold | $599,000 | 2 | 2 | 1,190 | $503 | 0.1 mi |
H 26316 W Grove Circle 70 Sold | $735,000 | 2 | 3 | 1,242 | $592 | 0.4 mi |
I 25885 Trabuco Active | $589,900 List Price | 2 | 2 | 1,190 | $496 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a complete top-to-bottom renovation within the last 5 years. It features a brand-new kitchen with stainless steel appliances, fully remodeled bathrooms, new flooring, and updated interior doors, meeting the criteria for mint condition.
The property has been extensively updated with a brand-new kitchen, remodeled bathrooms, new flooring, and fresh paint, offering a move-in-ready experience that appeals to modern buyers.
Situated in a quiet corner location, this unit provides enhanced privacy, additional natural light, and a private fenced backyard, which are rare and highly sought-after features in a condo community.
The community is FHA and VA approved with no Mello-Roos, making it accessible to a wider range of buyers while keeping the effective tax rate lower than many newer developments.
The monthly HOA fee of $623 is relatively high, which may impact a buyer's debt-to-income ratio and overall monthly affordability despite the inclusion of water and trash.
With 83 days on the market and significant price fluctuations—including a recent increase back to $649,000—the property may face challenges regarding perceived market value.
***PREMIUM CORNER UNIT*** This affordable, beautifully remodeled two-story townhouse is located in the highly desirable Cedar Glen community and has been completely updated throughout, featuring a brand-new kitchen with new appliances, new flooring, fully remodeled 2.5 bathrooms, new interior doors, fresh paint, and new fencing in the private backyard. Situated in a quiet corner location, this home offers added privacy, 2 convenient parking close to the unit, and a comfortable open living environment. The main level features a spacious living area, dining space, and kitchen with a functional layout perfect for everyday living and entertaining. Upstairs, you will find two generously sized bedrooms, each featuring its own walk-in closet for excellent storage. The laundry area is conveniently located between the bedrooms, adding ease and practicality to daily routines. This desirable community offers a peaceful atmosphere while being centrally located near shopping, dining, schools, freeway access, scenic nature trails, and the popular Lake Forest Sports Park. Enjoy the added benefit of **NO MELLO-ROOS**! The community is **FHA and VA approved**, making it attractive for a variety of buyers. HOA dues include water and trash, providing additional value and convenience. Whether you are looking for a smart investment property or a future home in a great location, this Cedar Glen condo offers comfort, affordability, and long-term potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.1 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,190 | 1,109.86 |
| Lot Size | 214,601 | 165,856.581 |
| Price | $649.0K | $663.6K |
| Price per sq ft | $545 | $603 |
| Built year | 1979 | 1987 |
| HOA | $623.0 | $485 |
| Days on market | 89 | 54 |
Sep 3, 2026
$649,000
$585,000
+11% Price Increase
Initial Listing
Jun 20, 2026
$585,000
$595,000
-2% Price Drop
Initial Listing
Jun 14, 2026
$595,000
Initial Listing
Jun 12, 2026
$650,000
Initial Listing