26152 Serrano Court, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 1 bath
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Lake Forest, California 92630
This Turnkey Condominium represents a Strong Value Opportunity, listed at $515,000—positioned well below the $518,784 Fair Market Value by 0.73%. This valuation gap offers $3,784 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the unit boasts Luxury Vinyl Plank flooring, a remodeled kitchen, and a private patio with greenbelt views. Located in the Saddleback Valley Unified district, this property is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26152 Serrano Court Subject | $515,000* List Price | 2 | 1 | 884 | $594 | - |
A 20921 Serrano Creek Road 55 Sold | $509,500 | 2 | 1 | 884 | $576 | 0.0 mi |
B 26144 Serrano Court Sold | $523,500 | 2 | 1 | 884 | $592 | 0.0 mi |
C 26108 Serrano Court Sold | $552,500 | 2 | 1 | 884 | $625 | 0.0 mi |
D 20887 Serrano Creek Sold | $615,000 | 3 | 2 | 1,187 | $518 | 0.0 mi |
E 26058 Serrano Court 87 Sold | $580,000 | 3 | 2 | 1,187 | $489 | 0.0 mi |
F 25272 Tanoak Lane Sold | $545,888 | 1 | 1 | 741 | $737 | 0.9 mi |
G 26342 Forest Ridge Pending | $620,000 List Price | 2 | 2 | 868 | $714 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1982, the property has undergone a comprehensive recent renovation (likely <5 years) that brings it to mint condition. The kitchen features new cabinetry, countertops, and stainless steel appliances, while the bathroom has been fully modernized with a new vanity, fixtures, and tiled shower surround. With newer high-grade LVP flooring and updated finishes throughout, the home is move-in ready with no immediate maintenance required.
Positioned as the lowest-priced two-bedroom condo in Lake Forest, this property offers an excellent entry-level opportunity for first-time buyers or investors in a competitive market.
The unit features high-quality renovations including Luxury Vinyl Plank flooring, a remodeled kitchen with stainless steel appliances, and an upgraded bathroom with quartz countertops and custom tiling.
This lower-level unit is tucked away in a quiet, private section of the complex, offering peaceful greenbelt views while remaining just steps from dedicated covered parking.
The property features only one bathroom for two bedrooms, which may be a drawback for roommates or families seeking more privacy and convenience.
At $495 per month, the association fee represents a significant recurring carrying cost that may impact the overall affordability and debt-to-income ratio for some buyers.
PRICE REDUCTION!! Lowest priced 2 bed condo in Lake Forest! This lovely lower level unit in the desirable Serrano Creek Villas has been beautifully updated and improved. The peaceful and private location is tucked back in the community surrounded by open peaceful green spaces, but just steps from your private dedicated covered parking space and close to LOADS of guest and street parking. Inside we have a light and bright interior with newer high grade Luxury Vinyl Plank flooring throughout, lots of windows to let in the natural light and a very livable floorplan. The spacious living room has direct access through sliders to the covered patio providing an ideal indoor-outdoor living space. The recent kitchen upgrade includes new cabinets, countertops, custom backsplash and stainless steel appliances. The big open kitchen includes a a sunny dining area with a private window view to the greenery and open access to the living room. You have loads of storage in the large walk-in pantry, a laundry closet for full size, side by side washer and dryer, a guest closet and a big linen closet. Step into the hall and we have two spacious bedrooms with customized closets and a newly upgraded bathroom with quartz topped vanity, framed vanity mirror, updated lighting, all newer fixtures and a full bathtub with tiled shower surround and beautiful glass doors. The covered, enclosed, private patio is perfect for BBQ and quiet outdoor evenings. This friendly community offers a clubhouse, pool and spa and the HOA includes the water and trash. Surrounded by lush mature trees and landscaping, Serrano Creek Villas are conveniently located near walking and biking trails, shopping, dining, schools. With easy Toll Road and 5 Freeway access, you're just minutes from all that Orange County has to offer.
No exterior & parking available.
Grades K-6 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 884 | 1,092 |
| Lot Size | 326,360 | 91,110.5 |
| Price | $515.0K | $658.2K |
| Price per sq ft | $583 | $606 |
| Built year | 1982 | 1988 |
| HOA | $495.0 | $424 |
| Days on market | 43 | 50 |
Jun 9, 2026
$515,000
Initial Listing
Sep 27, 2017
$332,000
Public Record
Sep 17, 2010
$200,000
Public Record