
Lake Forest, California 92679
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $775,000—positioned well below the $797,500 Fair Market Value by 2%. This valuation gap offers $22,500 in Instant Equity. Featuring a Mint Condition Rating with modern luxury vinyl plank flooring and updated cabinetry, the home offers a Scenic View of city lights and hills. Located just 0.26 miles from the highly-rated Portola Hills Elementary School, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in-ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28392 Klondike Drive Subject | $775,000* List Price | 3 | 3 | 1,256 | $635 | - |
A 28342 Boulder Drive Sold | $800,000 | 3 | 3 | 1,256 | $637 | 0.0 mi |
B 28411 Klondike Drive Sold | $805,000 | 3 | 3 | 1,228 | $656 | 0.1 mi |
C 28503 Trento Sold | $760,000 | 3 | 3 | 1,141 | $666 | 0.3 mi |
D 28286 Pueblo Drive Sold | $650,000 | 2 | 2 | 1,000 | $650 | 0.1 mi |
E 28464 Klondike Sold | $668,000 | 2 | 2 | 1,015 | $658 | 0.1 mi |
F 28444 Boulder Drive Sold | $637,000 | 2 | 2 | 1,015 | $628 | 0.1 mi |
G 28393 Pueblo Drive Active | $665,000 List Price | 2 | 2 | 1,015 | $655 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1990, the property appears to have undergone a comprehensive interior renovation within the last 5 years. It features modern luxury vinyl plank flooring, updated white cabinetry and countertops in the kitchen, fresh neutral paint, and new carpeting. The unit is in mint, move-in-ready condition with no visible deferred maintenance.
The property features desirable views of the city lights and surrounding hills, providing a serene atmosphere and enhanced aesthetic value for the residents.
Located just 0.26 miles from the highly-rated Portola Hills Elementary School (8/10), this home is ideally situated for families prioritizing top-tier education and convenience.
With a 3-bedroom, 3-bathroom configuration, the home offers a highly functional and versatile living arrangement that maximizes utility for its square footage.
At 1,256 square feet, the interior may feel constrained for a three-bedroom residence, potentially limiting space for larger furniture or common area activities.
Built in 1990, the home may require updates to major systems or cosmetic refreshments to align with modern design standards and energy efficiency expectations.
Welcome to 28392 Klondike Drive, an upgraded 3-bedroom, 3-bathroom home offering 1,256 sq. ft. in the desirable Montecido community of Portola Hills. The versatile two-story floor plan features a sought-after MAIN LEVEL BEDROOM and FULL BATHROOM, ideal for guests, a home office or flexible living space. The renovated kitchen features quartz countertops, white shaker cabinetry with new doors and soft-close drawers, while updated bathroom and linen cabinetry and abundant recessed LED lighting contribute to the home's clean, contemporary feel. A major recent improvement is the complete PEX repipe of the water supply system, including updated shower and bath fixtures, laundry and refrigerator hookups, pressure regulator and shut-off valve. Central air conditioning and a whole-house air purification system provide additional comfort. Brand new carpeting installed upstairs and on stairs. One of the home's standout features is its attractive city lights and hillside outlook, enjoyed from the private backyard and from the upstairs primary suite windows—creating a scenic backdrop both indoors and out. Additional conveniences include direct access to the attached one-car garage with laundry and storage, plus an additional HOA parking permit. Montecido residents enjoy a gated recreation complex with pool, spa, clubhouse, fitness room and playground. Set against the scenic foothills of Portola Hills, the community is adjacent to Portola Hills Elementary and close to Whiting Ranch Wilderness Park, Portola Park, Lake Forest Sports Park, shopping, dining and the 241 Toll Road. With meaningful system improvements, stylish interior upgrades, a highly functional floor plan and beautiful city lights and hillside views, 28392 Klondike Drive offers an appealing opportunity to enjoy the Portola Hills lifestyle.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 4.8 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.1 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,256 | 1,109.86 |
| Lot Size | - | 165,856.581 |
| Price | $775.0K | $663.6K |
| Price per sq ft | $617 | $603 |
| Built year | 1990 | 1987 |
| HOA | $377.0 | $485 |
| Days on market | 30 | 54 |
Aug 10, 2026
$775,000
Initial Listing
Nov 27, 2007
$413,000
Public Record