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281 Burwood, Lake Forest, California 92630, Lake Forest, 92630 - 5 bed, 5 bath

281 Burwood, Lake Forest, California 92630 home-pic-0
ACTIVE$2,350,000
281 Burwood, Lake Forest, California 92630
5Beds
5Baths
3,199Sqft
4,000Lot

Price Vs. Estimate

The estimated value ($2,289,023.48) is $60,976.52 (2%) lower than the list price ($2,350,000). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Luxury Builder: Built in 2023 by Toll Brothers, a highly regarded luxury builder, ensuring modern design, quality construction, and a prestigious address within the Lake Forest community.
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 = 4000, living area = 3199.

Compared to the nearby listings

Price:$2.35M vs avg $1.31M (+$1,040,000)93%
Size:3,199 sqft vs avg 2,130 sqft91%
Price/sqft:$735 vs avg $67567%

More Insights

Built in 2023 (2 years old).
Condition: This property was built in 2023, making it virtually new. The listing explicitly states it's a 'beautifully upgraded Toll Brothers residence' with 'luxurious flooring,' 'high-end appliances,' 'custom accent walls,' 'designer RH chandelier,' and 'electric curtains throughout.' The images confirm a pristine, modern aesthetic in the kitchen with light cabinetry, quartz countertops, and stainless steel appliances, and in the bathrooms with contemporary vanities, glass-enclosed showers, and a freestanding tub. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria.
Year Built
2023
Close
-
List price
$2.35M
Original List price
$2.45M
Price/Sqft
$735
HOA
$248
Days on market
-
Sold On
-
MLS number
WS25125135
Home ConditionExcellent
Features
Good View: Mountain(s)
Deck
Patio
ViewMountain(s)

About this home

Welcome to 281 Burwood—a beautifully upgraded Toll Brothers residence in the prestigious Lake Forest community. This 5-bedroom, 5-bathroom home offers 3,199 sq ft of sophisticated living space on a premium lot with no rear neighbors, a spacious backyard, and scenic mountain views from both the loft and patio. Inside, enjoy dramatic 20-foot ceilings in the living room and primary suite, highlighted by a designer RH chandelier and a stylish fireplace. A convenient main-floor bedroom with full bath provides flexibility for guests or multigenerational living. This home is richly upgraded with luxurious flooring chosen from the original builder, high-end appliances, custom accent walls, “piano key” stair railings, and electric curtains throughout. Paid-off solar panels offer energy efficiency with no added cost. With model-home style, modern functionality, and serene views, this home offers the perfect blend of luxury and comfort in one of Lake Forest’s most desirable neighborhoods.

Condition Rating
Excellent
This property was built in 2023, making it virtually new. The listing explicitly states it's a 'beautifully upgraded Toll Brothers residence' with 'luxurious flooring,' 'high-end appliances,' 'custom accent walls,' 'designer RH chandelier,' and 'electric curtains throughout.' The images confirm a pristine, modern aesthetic in the kitchen with light cabinetry, quartz countertops, and stainless steel appliances, and in the bathrooms with contemporary vanities, glass-enclosed showers, and a freestanding tub. All components are new, meet current quality standards, and show no signs of wear or deferred maintenance, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

New Construction & Luxury Builder: Built in 2023 by Toll Brothers, a highly regarded luxury builder, ensuring modern design, quality construction, and a prestigious address within the Lake Forest community.
Extensive High-End Upgrades: The residence features numerous luxurious upgrades including dramatic 20-foot ceilings, designer lighting, stylish fireplace, premium flooring, high-end appliances, custom accent walls, 'piano key' stair railings, and electric curtains, offering a move-in ready, sophisticated living experience.
Energy Efficiency: Equipped with paid-off solar panels, providing significant energy cost savings and an attractive eco-friendly feature for potential buyers.
Premium Lot & Scenic Views: Situated on a premium lot with no rear neighbors, offering a spacious backyard and scenic mountain views from both the loft and patio, enhancing privacy and aesthetic appeal.
Flexible Living Space: Includes a convenient main-floor bedroom with a full bath, providing excellent flexibility for guests, multi-generational living, or a dedicated home office.

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 = 4000, living area = 3199.
High List Price Relative to Comps: The current list price of $2.35M is at the higher end when compared to recent closed sales of similar new construction Toll Brothers homes in the immediate vicinity, which have sold for slightly less.
Absence of Private Pool/Spa: Unlike some luxury properties in this market segment, the home does not feature a private pool or spa, which could be a desired amenity for buyers at this price point.
Standard Lot Size: While described as spacious, the 4000 sq ft lot size is not exceptionally large for a luxury home in this community, potentially limiting extensive outdoor customization or larger recreational areas.

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