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42 Castellana, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 3 bath

42 Castellana, Lake Forest, California 92630 home-pic-0
ACTIVE$1,649,800
42 Castellana, Lake Forest, California 92630
4Beds
3Baths
2,133Sqft
3,299Lot

Price Vs. Estimate

The estimated value ($1,558,541.71) is $91,258.29 (5%) lower than the list price ($1,649,800). This property may be overpriced.

Key pros and cons

Top Pros:
Modern Luxury & Upgrades: This is an impressive modern luxury residence, thoughtfully upgraded throughout with designer chandeliers and custom window treatments, offering a move-in ready experience with no additional work needed.
Top Cons:
Smaller Lot Size: With a lot size of 3299 sqft, the outdoor space is relatively limited for a single-family residence, which may not appeal to buyers seeking extensive yard or garden areas.

Compared to the nearby listings

Price:$1.65M vs avg $1.31M (+$339,800)78%
Size:2,133 sqft vs avg 2,128.5 sqft50%
Price/sqft:$773 vs avg $67577%

More Insights

Built in 2018 (7 years old).
Condition: Built in 2018, this property is only 6 years old and presents as a virtually new home. The description highlights extensive modern upgrades, a gourmet kitchen with high-end stainless steel appliances, custom cabinetry, and a luxurious spa-inspired primary bathroom. Images confirm contemporary design, high-quality finishes, modern light fixtures, and pristine conditions throughout, including the kitchen and bathrooms. There is no visible deferred maintenance, and the property is explicitly stated as 'move-in ready with no additional work needed'.
Year Built
2018
Close
-
List price
$1.65M
Original List price
$1.7M
Price/Sqft
$773
HOA
$264
Days on market
-
Sold On
-
MLS number
OC25180772
Home ConditionExcellent
Features
Patio
ViewNeighborhood

About this home

Welcome to 42 Castellana, Lake Forest — an impressive modern luxury residence nestled in one of the most desirable communities in Lake Forest! This thoughtfully upgraded home boasts an open and airy floor plan filled with natural light and soaring ceilings. Featuring 4 spacious bedrooms and 3 bathrooms, including a luxurious primary suite with a spa-inspired bathroom and an oversized walk-in closet, this home offers the perfect balance of comfort, style, and privacy. The gourmet kitchen is a chef’s dream, complete with high-end stainless steel appliances, an oversized center island, and custom cabinetry — ideal for both everyday living and entertaining. Extensive upgrades throughout the home include designer chandeliers in the living area, custom window treatments, and more — all carefully selected to complement the modern design aesthetic. The home is move-in ready with no additional work needed — just bring your suitcase and settle in! The great room features a stunning double-height ceiling, allowing for abundant natural light to flood the space and creating an expansive, elegant atmosphere that’s perfect for both daily living and hosting guests. In addition to its exceptional features, this home also offers low property taxes, low HOA dues, and overall low cost of ownership — making it a rare opportunity for luxury living with long-term value. Located near top-rated schools, premier shopping, dining destinations, scenic parks, and offering easy freeway access, this exceptional home delivers both luxury and convenience.

Nearby schools

8/10
Melinda Heights Elementary School
Public,•K-6•3.9mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•5.8mi
8/10
Trabuco Hills High School
Public,•9-12•2.3mi
Condition Rating
Excellent
Built in 2018, this property is only 6 years old and presents as a virtually new home. The description highlights extensive modern upgrades, a gourmet kitchen with high-end stainless steel appliances, custom cabinetry, and a luxurious spa-inspired primary bathroom. Images confirm contemporary design, high-quality finishes, modern light fixtures, and pristine conditions throughout, including the kitchen and bathrooms. There is no visible deferred maintenance, and the property is explicitly stated as 'move-in ready with no additional work needed'.
Pros & Cons

Pros

Modern Luxury & Upgrades: This is an impressive modern luxury residence, thoughtfully upgraded throughout with designer chandeliers and custom window treatments, offering a move-in ready experience with no additional work needed.
Open & Bright Floor Plan: The home boasts an open and airy floor plan with soaring ceilings and a stunning double-height ceiling in the great room, maximizing natural light and creating an expansive, elegant atmosphere.
Gourmet Chef's Kitchen: The gourmet kitchen is a chef’s dream, featuring high-end stainless steel appliances, an oversized center island, and custom cabinetry, ideal for both everyday living and entertaining.
Low Cost of Ownership: The property offers the significant advantage of low property taxes, low HOA dues, and an overall low cost of ownership, enhancing its long-term value proposition.
Prime Location & Amenities: Located in one of Lake Forest's most desirable communities, the home offers excellent convenience with proximity to top-rated schools, premier shopping, dining, scenic parks, and easy freeway access.

Cons

Smaller Lot Size: With a lot size of 3299 sqft, the outdoor space is relatively limited for a single-family residence, which may not appeal to buyers seeking extensive yard or garden areas.
Listing Price Discrepancy: The current listing price is 6% higher than the property's estimated value, which could indicate it is priced above market expectations or may require strong justification for the premium.
Generic Neighborhood View: While the property has a view, it is specified as a 'Neighborhood' view, which is less desirable than panoramic, city lights, or natural landscape views often sought in luxury properties.

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