302 Limestone, Lake Forest, California 92610, Lake Forest, 92610 - 2 bed, 3 bath
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302 Limestone
Lake Forest, California 92610
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,324Sq Ft
611,236Lot Size
Property Price
LIST PRICE$778,000
EST. MARKET VALUE
$778,000
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $778,000, which aligns perfectly with its $778,000 Fair Market Value. Built in 2019, this residence maintains an Excellent Condition Rating, featuring a gourmet kitchen with quartz countertops and energy-efficient upgrades like a tankless water heater. Residents enjoy resort-style amenities in the gated IronRidge community, including pools and hiking trails. With no Mello-Roos and proximity to award-winning schools, this property is an ideal choice for first-time buyers or owner-occupants seeking a modern, low-maintenance lifestyle.
Estimated Market Value
$778,000
Based on Realkey algorithm analyzing recent comparable sales in Lake Forest.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 302 Limestone Subject | $778,000* List Price | 2 | 3 | 1,324 | $588 | - |
A 608 White Oaks Pending | $838,800 List Price | 2 | 3 | 1,453 | $577 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2019, this property is less than 10 years old and remains in mint condition. The kitchen features modern shaker cabinets, quartz countertops, and stainless steel appliances. Systems are up-to-date, including an energy-efficient tankless water heater and a whole-house fan, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turnkey Features
Built in 2019, this well-maintained home features a gourmet kitchen with quartz countertops, shaker cabinets, and energy-efficient upgrades including a Quiet Cool whole house fan and tankless water heater.
- Resort-Style Amenities
Situated in the gated IronRidge community, residents have access to premium amenities such as swimming pools, a clubhouse, hiking trails, and multiple parks, offering a high-quality lifestyle.
- Favorable Tax Structure
A significant financial advantage for this newer construction is the absence of Mello-Roos, providing substantial annual savings compared to other modern developments in Orange County.
CONSRISKS & DEFICIENCIES
- Extended Market Time
The property has been on the market for over 200 days with multiple price reductions, which may lead to buyer concerns regarding its initial valuation or market positioning.
- Lack of Scenic Views
Despite its location near Whiting Ranch Wilderness Park, the property listing specifies no views, which may be a disadvantage compared to other units in the Portola Hills area that offer mountain or city vistas.
About 302 Limestone
DON'T MISS OUT ON ONE OF THE BEST VALUES IN THE MAGNIFICENT IRONRIDGE COMMUNITY. Situated in an ideal location within the gated resort-style community of IronRidge, this one owner home has been lovingly cared for since its original purchase in 2019. This stylish 2 bedroom and 2.5 bathroom residence features everything the modern-day buyer is looking for. Direct access from the spacious two-car garage, the light filled open-concept living space is perfect for entertaining guests and supporting your daily routine. The gourmet kitchen with beautiful gray shaker-style cabinets is accented with stylish backsplash tiles, quartz countertops, center island, and stainless steel appliances. The charming sun-filled main floor balcony is perfect for a morning cup of coffee or afternoon cocktail. Upstairs, the two light-filled bedrooms include ceiling fans and generous closet space. Primary bedroom has a large en-suite bathroom and second full bathroom is conveniently located in the hallway. The laundry area with Samsung stackable washer and dryer is also located on the upper level. Additional home features include a convenient half bath in the main living area, a Quiet Cool whole house fan, an energy-efficient tankless water heater, and large storage rack above the motorized garage door. Exclusive resort-style IronRidge amenities include parks, swimming pools, clubhouse, multiple picnic areas, playgrounds, walking and hiking trails and more. Located near award-winning schools, Foothill Town Center, and Whiting Ranch Wilderness Park, with easy access to freeways and toll roads. No Mello-Roos. The perfect place to call home! Digitally staged.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2019
- Lot Size
- 611,236 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $297.62 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,324 | 1,424.929 |
| Lot Size | 611,236 | 50,726.571 |
| Price | $778.0K | $814.6K |
| Price per sq ft | $588 | $599 |
| Built year | 2019 | 1989 |
| HOA | $297.62 | $431 |
| Days on market | 211 | 53 |
Pricing History
Listed for Sale
Aug 4, 2026
$778,000
$799,000
-3% Price Drop
Initial Listing
Price Change
Jun 17, 2026
$799,000
$818,000
-2% Price Drop
Initial Listing
Price Change
Apr 8, 2026
$818,000
$838,000
-2% Price Drop
Initial Listing
Price Change
Feb 10, 2026
$838,000
Initial Listing
Sold
Dec 20, 2019
$575,500
Public Record