26152 Serrano Ct, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 1 bath
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Lake Forest, California 92630
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $515,000—positioned well below the $529,000 Fair Market Value by 2%. This valuation gap provides $14,000 in Instant Equity. Featuring a Mint Condition Rating with recent upgrades like Luxury Vinyl Plank flooring and a remodeled kitchen, this unit offers immediate lifestyle appeal. Located in the Saddleback Valley Unified district, it is an ideal acquisition for first-time buyers or savvy investors seeking a low-maintenance, move-in ready asset in Lake Forest.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26152 Serrano Ct Subject | $515,000* List Price | 2 | 1 | 900 | $588 | - |
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 20914 Serrano Creek Road 48 Sold | $509,000 | 2 | 1 | 884 | $576 | 0.0 mi |
E 20887 Serrano Creek Sold | $615,000 | 3 | 2 | 1,187 | $518 | 0.0 mi |
F 26058 Serrano Court 87 Sold | $580,000 | 3 | 2 | 1,187 | $489 | 0.0 mi |
G 26342 Forest Ridge Active | $630,000 List Price | 2 | 2 | 868 | $726 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a recent comprehensive renovation including a modern kitchen with new cabinets and stainless steel appliances, a fully updated bathroom with contemporary tile and fixtures, and high-grade Luxury Vinyl Plank flooring throughout, meeting the criteria for a mint-condition renovation under 5 years old.
Positioned as the lowest-priced two-bedroom condo in Lake Forest, this property offers a highly competitive entry point for first-time buyers or investors looking for affordability in Orange County.
The interior features significant recent improvements, including high-grade Luxury Vinyl Plank flooring throughout, a remodeled kitchen with new cabinetry and stainless steel appliances, and an updated bathroom.
This lower-level unit maximizes its 900 square feet with a large walk-in pantry, a dedicated laundry closet for side-by-side machines, and a private covered patio that extends the living space outdoors.
The one-bathroom configuration for a two-bedroom unit may be a drawback for roommates or small families, potentially limiting the property's appeal compared to units with a second bath.
With over 50 days on the market and a recent price reduction, the property may face a perception of stagnation, requiring more aggressive marketing or further adjustments to attract a buyer.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 33% |
| Square foot | 900 | 1,075 | 38% |
| Lot Size | - | 167,937 | 27% |
| Price | $515.0K | $599.9K | 31% |
| Price per sq ft | $572 | $603 | 36% |
| Built year | 1982 | 1983 | 46% |
| HOA | $495.0 | $475 | 58% |
| Days on market | 56 | 130 | 8% |
Jun 1, 2026
$515,000
$529,000
-3% Price Drop
Initial Listing
Apr 11, 2026
$529,000
Initial Listing
Sep 27, 2017
$332,000
Public Record
Sep 17, 2010
$200,000
Public Record