25885 Trabuco Road 310, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 2 bath
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Lake Forest, California 92630
This Cedar Glen townhouse presents a Strong Value Opportunity, listed at $595,000—positioned well below the $599,680 Fair Market Value by 0.78%. This property offers $4,680 in Instant Equity. Featuring a Fair Condition Rating, the unit provides a functional layout with dual walk-in closets and a private corner location. With FHA/VA approval and No Mello-Roos, this asset is a stable choice for Buy-and-Hold Investors or first-time buyers seeking a well-maintained, centrally located home in the Saddleback Valley Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 25885 Trabuco Road 310 Subject | $585,000* List Price | 2 | 2 | 1,190 | $513 | - |
A 25885 Trabuco Road 169 Sold | $585,000 | 2 | 2 | 1,190 | $492 | 0.1 mi |
B 25885 Trabuco Road 206 Sold | $599,000 | 2 | 2 | 1,190 | $503 | 0.1 mi |
C 21931 Rimhurst Sold | $625,000 | 3 | 2 | 1,075 | $581 | 0.5 mi |
D 25671 Le Parc 8 Sold | $625,000 | 3 | 2 | 1,123 | $557 | 0.4 mi |
E 25712 Le Parc 7 Sold | $570,000 | 2 | 2 | 996 | $572 | 0.4 mi |
F 21921 Rimhurst Dr 130-g Sold | $515,000 | 2 | 1 | 904 | $570 | 0.5 mi |
G 22112 Summit Hill Sold | $750,000 | 3 | 3 | 1,332 | $563 | 0.5 mi |
H 22198 Cedar Pointe Active | $525,000 List Price | 2 | 1 | 957 | $549 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1979 (>20 years old) with no mention of recent renovations to the kitchen, bathrooms, or HVAC/electrical systems. While the listing describes the unit as well-maintained and functional for a tenant, the age and visible interior finishes indicate the property is dated and will eventually require updates to meet modern standards.
As a corner unit, this property offers enhanced privacy, increased natural light, and more convenient parking access compared to standard interior units within the complex.
The property is both FHA and VA approved with no Mello-Roos, significantly expanding the pool of eligible buyers and keeping monthly tax obligations lower than newer developments.
The 1,190 sqft floor plan is highly practical, featuring dual walk-in closets for ample storage and a conveniently located upstairs laundry area between the bedrooms.
At $623 per month, the association fees are relatively high, which may impact buyer affordability and debt-to-income ratios despite the inclusion of water and trash services.
Built in 1979 and recently undergoing a significant $55,000 price reduction, the property may require cosmetic updates to compete with modernized units in the Lake Forest market.
***PREMIUM CORNER UNIT*** This affordable and well-maintained 2-story townhouse-style condo is located in the highly desirable Cedar Glen community. Situated in a quiet corner location, this home offers added privacy, 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 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,190 | 1,092 |
| Lot Size | 214,601 | 91,110.5 |
| Price | $585.0K | $658.2K |
| Price per sq ft | $492 | $606 |
| Built year | 1979 | 1988 |
| HOA | $623.0 | $424 |
| Days on market | 40 | 50 |
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