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27 Alessio, Lake Forest, California 92630, Lake Forest, 92630 - 5 bed, 6 bath

27 Alessio, Lake Forest, California 92630 home-pic-0
ACTIVE$2,880,000
27 Alessio, Lake Forest, California 92630
5Beds
6Baths
3,856Sqft
4,326Lot

Price Vs. Estimate

The estimated value ($2,880,000) is $0 (0%) lower than the list price ($2,880,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exceptional Views: The property boasts breathtaking, unobstructed views of mountains, sunrise, sunset, and city lights from multiple vantage points, including the primary suite and bathroom, significantly enhancing its appeal.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4326, living area = 3856.

Compared to the nearby listings

Price:$2.88M vs avg $1.31M (+$1,570,000)98%
Size:3,856 sqft vs avg 2,130 sqft99%
Price/sqft:$747 vs avg $67570%

More Insights

Built in 2020 (5 years old).
Condition: This property was built in 2020, making it virtually new. It features extensive modern upgrades throughout, including a gourmet kitchen with high-end stainless steel built-in appliances (6-burner gas cooktop with griddle), contemporary light fixtures, and waterproof wood flooring. The description highlights 6 bathrooms with features like a soaking tub and dual vanities in the primary, aligning with the overall new and luxurious condition. All systems, including dual-zone AC/heating, paid-off solar, and an EV charger, are new and top-of-the-line, requiring no deferred maintenance or immediate renovations.
Year Built
2020
Close
-
List price
$2.88M
Original List price
$2.96M
Price/Sqft
$747
HOA
$260
Days on market
-
Sold On
-
MLS number
CV25103794
Home ConditionExcellent
Features
Excellent View: City Lights, Mountain(s)
Patio
ViewCity Lights,Mountain(s)

About this home

This Stunning Estate has TONS OF UPGRADES, BREATHTAKING VIEWS and is located in the prestigious Teresina Community built by Master Builder Shea Homes. NO MELLO-ROOS and LOW PROPERTY TAX! There are NO HOUSES in the backyard offering the UNOBSTRUCTED VIEWS OF MOUNTAINS, SUNRISE, SUNSET and CITY LIGHTS VIEWS! The Lot looks much bigger than it's actually recorded! PAID OFF SOLAR SYSTEM! This beautiful home has one of the FAVORITE FLOOR PLANS! Open, Bright, High Ceilings and Contemporary Looking throughout! It features 4 Bedrooms and 6 Bathrooms with a total of 4 Suites. The Ground level has an In-Law Suite plus a Powder Room! The Third Level features a spacious Bonus Room with a Bathroom and Big-Sized Balcony, which can be used as the 5th Bedroom, an Office or an Entertainment Room! The Upgraded Gourmet Kitchen opens to a spacious Family Room with a modern and cozy Fireplace, overlooking the backyard through multiple Contemporary Sliding Glass Doors. The impressive Kitchen features an Oversized Central Island, a Walk-in Pantry, Stainless-Steel Built in Appliances including a 6 Burner Gas Cooktop with Griddle! The Primary Suite on the Secondary Level offers a HUGE OUTDOOR PATIO for relaxation and views! The Soaking Tub, Dual Vanities and Large Windows in the Primary Bathroom overlooking the views as well. The Split Floor Plan on the Secondary Level also includes an Open Loft! Other spacious Two Suites and an Individual Laundry Room with a sink and usable cabinets finish the Second Floor. Other features include $$$ Custom Made Window Shutters with Remote Controls, Dual Zone AC/Heating, beautiful Waterproof Wood Floor throughout, and EV Charger! Professional Landscaped Backyard is another paradise to enjoy! Low Maintenance Artificial grass looks green and peaceful. This home is meticulously designed, maintained and built for functionality with attention to every detail! Only minutes to Award-Winning Schools, Freeways, Dining, and Shopping Centers. This is a Truly Lovely Home! Bring your imagination, and this HOME will be yours!!! Must see to appreciate it!

Condition Rating
Excellent
This property was built in 2020, making it virtually new. It features extensive modern upgrades throughout, including a gourmet kitchen with high-end stainless steel built-in appliances (6-burner gas cooktop with griddle), contemporary light fixtures, and waterproof wood flooring. The description highlights 6 bathrooms with features like a soaking tub and dual vanities in the primary, aligning with the overall new and luxurious condition. All systems, including dual-zone AC/heating, paid-off solar, and an EV charger, are new and top-of-the-line, requiring no deferred maintenance or immediate renovations.
Pros & Cons

Pros

Exceptional Views: The property boasts breathtaking, unobstructed views of mountains, sunrise, sunset, and city lights from multiple vantage points, including the primary suite and bathroom, significantly enhancing its appeal.
Extensive Upgrades & Modern Amenities: Built in 2020, the home features 'TONS OF UPGRADES,' including a gourmet kitchen with high-end appliances, remote-controlled window shutters, waterproof wood flooring, Dual Zone AC/Heating, and an EV charger, offering a contemporary and luxurious living experience.
Significant Cost Savings: Benefits from a paid-off solar system, no Mello-Roos, and low property taxes, which collectively reduce the overall cost of homeownership for the buyer.
Versatile & Functional Layout: The 'favorite floor plan' includes 4 suites (one on the ground level), a spacious third-level bonus room with a bathroom and balcony (potential 5th bedroom/office), and an open loft, providing flexible living arrangements for various family needs.
Prestigious Community & Convenient Location: Situated in the prestigious Teresina Community by Shea Homes, offering proximity to award-winning schools, freeways, dining, and shopping centers, ensuring convenience and a desirable lifestyle.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 4326, living area = 3856.
Modest Lot Size for an 'Estate': Despite being described as a 'Stunning Estate,' the recorded lot size of 4,326 sqft is relatively small, which might not meet the expectations of buyers seeking a larger outdoor space typically associated with an estate property.
Absence of Private Pool/Spa: For a luxury home in a desirable California climate, the lack of a private pool or spa in the professionally landscaped backyard could be a missed amenity for high-end buyers.
Recent Price Reduction: The property has undergone a price reduction from its original list price of $2.96M to $2.88M, which could indicate initial overpricing or a longer market time, potentially raising questions for prospective buyers.

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