41 Fairfield, Lake Forest, California 92610, Lake Forest, 92610 - 5 bed, 3 bath
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Lake Forest, California 92610
This Turnkey Foothill Ranch Residence is a Strong Value Opportunity, listed at $1,355,000—positioned well below the $1,433,103 Fair Market Value by 5%. This valuation gap offers $78,103 in Instant Equity. Boasting an Excellent Condition Rating, the home features a remodeled open-concept kitchen, full re-pipe, and a rare oversized 6,300 sq. ft. lot with forested greenbelt views. Proximity to Top-Rated 9/10 Schools like Northwood High and Portola Springs Elementary ensures long-term lifestyle value. This is an ideal match for growing families or Owner-Occupants seeking a polished, high-upside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 41 Fairfield Subject | $1,355,000* List Price | 5 | 3 | 2,072 | $692 | - |
A 17 Blanco Sold | $1,475,000 | 3 | 3 | 1,919 | $769 | 0.3 mi |
B 12 La Perla Sold | $1,720,000 | 4 | 3 | 2,300 | $748 | 0.4 mi |
C 67 Blazewood Sold | $1,285,000 | 4 | 3 | 2,083 | $617 | 0.2 mi |
D 29 Bell Vista Sold | $1,625,000 | 5 | 3 | 2,525 | $644 | 0.1 mi |
E 79 Carriage Drive Sold | $1,250,000 | 4 | 3 | 2,148 | $582 | 0.3 mi |
F 4 Marseille Way Sold | $1,315,000 | 3 | 3 | 1,791 | $734 | 0.9 mi |
G 18 Alonda Active | $1,500,000 List Price | 3 | 3 | 2,341 | $641 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1991, the property has been extensively renovated within the last 5 years. Key upgrades include a full home re-pipe, updated HVAC, new water heater, and newer windows and doors. The interior showcases a modern open-concept kitchen with premium waterfall-edge countertops, updated bathrooms with contemporary tiling and fixtures, recessed lighting, and high-quality flooring throughout, leaving no evidence of deferred maintenance.
Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
The property boasts one of the largest and most usable backyards in the neighborhood, providing rare versatility for a pool, an Accessory Dwelling Unit (ADU), or expansive outdoor entertaining.
Significant 'peace of mind' improvements have been completed, including a full home re-pipe, updated HVAC system, new water heater, and newer windows and doors.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Fitting five bedrooms into approximately 2,072 square feet suggests that individual bedroom sizes and common living areas may feel small or constrained for larger families.
While offering convenient commuter access, the close proximity to the 241 toll road may result in persistent ambient traffic noise that could impact the tranquility of the outdoor spaces.
This is your opportunity to own a home with one of the most expansive, usable backyards, definitely one of the largest on the block and the neighborhood — offering endless potential for outdoor living, gardening, star-gazing, entertaining, and perhaps a pool and ADU. Set on a quiet cul-de-sac, 41 Fairfield features beautifully maintained and thoughtfully designed outdoor spaces with lush landscaping and newly installed sod, reflecting true pride of ownership. The spacious oversized yard provides versatility that is rarely found. Be the entertaining home that is known for hosting memorable gatherings, birthdays, weddings, and holidays. Or explore the options of an inviting pool with an accessory dwelling unit for flexibility to create income opportunities or simply to be ready when special guests come to visit. This home offers a charming 5-bedroom layout, including a dedicated space well-suited for a home office or flex space. The interior is light and bright, with recent updates including fresh paint, newer windows and doors, recessed lighting, updated HVAC system, new water heater, and a home that has been completely re-piped for your peace of mind. The updated kitchen has an open concept layout, that seamlessly flows into the family room. Don't forget the garage; completely outfitted with matching built in garage storage cabinets and epoxy flooring. Every detail has been addressed! This home in Foothill Ranch will check all the right boxes, and then some! Conveniently Irvine adjacent with quick access to the 241 toll road, this home offers an easy commute along with close proximity to shopping, schools, the community pool, dining, hiking, biking and local amenities. Imagine the amazing potential you will uncover as you begin to map out everything you can achieve with this unbeatable property. This home offers a unique combination of ample space, amazing flexibility, and convenient location. So many possibilities waiting for you. Put this on your “must-see” list before it’s gone!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 2.6 mi
Grades 7-8 • 5.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 77% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,072 | 2,137.5 | 37% |
| Lot Size | 6,300 | 4,772 | 83% |
| Price | $1.35M | $1.38M | 47% |
| Price per sq ft | $654 | $638 | 60% |
| Built year | 1991 | 1994 | 27% |
| HOA | $118.0 | $110 | 73% |
| Days on market | 0 | 211 | 3% |
Apr 2, 2026
$1,355,000
Initial Listing