28342 Boulder Drive, Lake Forest, California 92679, Lake Forest, 92679 - 3 bed, 3 bath
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Lake Forest, California 92679
This Renovated View Home is a Strong Value Opportunity, listed at $799,000—positioned well below the $836,224 Fair Market Value by 4%. This valuation gap offers $37,224 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, the residence features a remodeled quartz kitchen, luxury vinyl plank flooring, and a rare main-floor bedroom. Residents enjoy a City Lights View and immediate proximity to the 8/10 rated Portola Hills Elementary. This turnkey property is a premier choice for Owner-Occupants or first-time buyers seeking immediate appreciation in a high-demand district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28342 Boulder Drive Subject | $799,000* List Price | 3 | 3 | 1,256 | $666 | - |
A 28464 Klondike Sold | $668,000 | 2 | 2 | 1,015 | $658 | 0.1 mi |
B 19564 Arezzo Street Sold | $750,000 | 3 | 3 | 1,141 | $657 | 0.2 mi |
C 28372 Boulder Active | $819,999 List Price | 3 | 3 | 1,256 | $653 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1990, the property has undergone an extensive and high-quality renovation within the last 5 years. Key upgrades include a fully remodeled kitchen with quartz countertops and stainless steel appliances, updated bathrooms with custom shaker cabinetry, and luxury vinyl plank flooring throughout. Major systems are virtually new, including the HVAC (2021) and water heater (2024), along with updated electrical fixtures and low-e windows, meeting the highest standards for move-in readiness.
The home is move-in ready with significant recent capital improvements, including a new HVAC system (2021), a new water heater (2024), luxury vinyl plank flooring, and a remodeled kitchen with quartz countertops and stainless steel appliances.
The floor plan features a rare and desirable main-floor bedroom and full bathroom, offering ideal flexibility for multi-generational living, guests, or a private home office.
Perfectly situated across from the top-rated Portola Hills Elementary and within walking distance to Whiting Ranch Wilderness Park, providing exceptional value for families and outdoor enthusiasts.
The property features only a one-car attached garage, which may be a significant constraint for multi-vehicle households or those requiring additional covered storage.
With three bedrooms and three bathrooms packed into 1,256 square feet, the individual room sizes and common areas may feel small compared to other residential options in the area.
Welcome home to this delightful 3-bedroom, 3-bathroom view home nestled in the highly sought-after Montecido community within Portola Hills in Lake Forest. Boasting 1,256 square feet of inviting living space, this two-story residence built in 1990 offers a smart and functional layout featuring one bedroom and one full bath conveniently located on the main level—perfect for visiting guests or a private office. Additionally there are 2 bedrooms and 2 bathrooms upstairs, including a spacious primary suite. The light-filled interior showcases an upgraded open-concept kitchen with quartz countertops, stainless steel appliances and soft-closing doors and drawers flowing seamlessly into a comfortable living/family room area, highlighted by a warm gas fireplace with stone surround and mantle, ideal for gatherings. The entire home has luxury vinyl plank flooring. Enjoy upgraded low-e windows and sliding glass door, new as of late 2021 York central air conditioning and heating for year-round comfort, plus practical conveniences like an attached one-car garage with in-garage laundry and plenty of guest parking. The water heater is new as of late 2024. Every electrical fixture in the home has been updated (outlets, switches) and the home has LED can lights in the kitchen, living room and both upstairs bedrooms, with ceiling fans in both upstairs bedrooms. All 3 bathrooms have custom shaker cabinets with quartz countertops and new plumbing fixtures as well as newer high efficiency Kohler toilets. As part of the Montecido community, you’ll enjoy low-maintenance living and wonderful community amenities such as a sparkling swimming pool, spa, clubhouse, and fitness facilities. The location is unbeatable, right across the street from Portola Hills Elementary (10/10 on GreatSchools.org) and just blocks from other highly rated schools (Serrano Middle, and El Toro High in the Saddleback Valley Unified district), parks, hiking and biking trails in the nearby Whiting Ranch Wilderness Park and Santa Ana Mountains foothills, plus easy access to shopping, dining, and major freeways (I-5 & 241).
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 4.7 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 70% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 1,256 | 1,080 | 74% |
| Lot Size | 2,133 | 20,582 | 39% |
| Price | $799.0K | $655.0K | 78% |
| Price per sq ft | $636 | $624 | 57% |
| Built year | 1990 | 1991 | 43% |
| HOA | $375.0 | $375 | 50% |
| Days on market | 28 | 167 | 4% |
Mar 25, 2026
$799,000
Initial Listing
Apr 30, 2021
$570,000
Public Record
Jun 26, 2014
$390,000
Public Record
Nov 13, 2003
$350,000
Public Record
Mar 14, 2003
$288,000
Public Record
May 22, 2000
$189,000
Public Record
Feb 27, 1998
$140,000
Public Record