506 Deeann, Lake Forest, California 92610, Lake Forest, 92610 - 3 bed, 4 bath

506 Deeann, Lake Forest, California 92610 home-pic-0
ACTIVE$990,000$1,761/sqft
506 Deeann, Lake Forest, California 92610
3Beds
4Baths
1,761Sqft
611,236Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Modern Construction & Turnkey: Built in 2020, this condominium is essentially new, move-in ready, and features updated finishes throughout, reflecting true pride of ownership.
Top Cons:
Ongoing Association Fees: The monthly association fee of $354 adds a recurring cost to homeownership, which can impact overall affordability for some buyers.

Compared to the nearby listings

Price:$990.0K vs avg $729.9K (+$260,100)65%
Size:1,761 sqft vs avg 1,101 sqft71%
Price/sqft:$562 vs avg $57935%

More Insights

Built in 2020 (6 years old).
Condition: This condominium was built in 2020, making it virtually new. The listing description highlights it as 'turnkey' with 'updated fits and finishes throughout,' and the images strongly support this. The kitchen features modern white shaker cabinets, light countertops, a stylish herringbone subway tile backsplash, new stainless steel appliances, and contemporary lighting. Bathrooms are equally modern with updated vanities, fixtures, and tiling. Flooring is a mix of light wood-look, patterned tile, and clean carpet, all in pristine condition. All components appear new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Year Built
2020
Close
-
List price
$990K
Original List price
$990K
Price/Sqft
$562
HOA
$354
Days on market
-
Sold On
-
MLS number
OC26007501
Home ConditionExcellent
Features
ViewNeighborhood

About this home

Welcome to this exceptional 3 bedroom, 4 bathroom turnkey condominium located in a newer, gated community that perfectly blends comfort, style, and convenience. Thoughtfully designed with a functional floor plan, this residence offers no neighbors above or below, providing a quiet and private living experience rarely found in condo living. The home is move in ready and showcases true pride of ownership, with updated fits and finishes throughout. A large great room filled with abundant natural light creates an inviting space for both everyday living and entertaining. The main level features a versatile bonus area, ideal for a home office, media space, or flex room to suit your lifestyle. Each bedroom is generously sized, complemented by four well-appointed bathrooms that add both comfort and convenience. The overall layout is efficient yet spacious, making the home feel open and welcoming. Residents enjoy access to an amenity rich community offering a clubhouse, parks, pickleball courts, pool, water park and jacuzzi, all set within beautifully maintained grounds. The location is truly unbeatable and close to shopping, dining, major freeways, and toll roads, making commuting and daily errands effortless. This is a rare opportunity to own a quiet, light filled, and impeccably maintained home in an amazing community where lifestyle and location come together seamlessly. Welcome home.

G
Gaston Javurek
Listing Agent

Price History

Date
Event
Price
02/22/22
Sold
$955,000
12/29/20
Sold
$709,500
Condition Rating
Excellent

This condominium was built in 2020, making it virtually new. The listing description highlights it as 'turnkey' with 'updated fits and finishes throughout,' and the images strongly support this. The kitchen features modern white shaker cabinets, light countertops, a stylish herringbone subway tile backsplash, new stainless steel appliances, and contemporary lighting. Bathrooms are equally modern with updated vanities, fixtures, and tiling. Flooring is a mix of light wood-look, patterned tile, and clean carpet, all in pristine condition. All components appear new, meeting current quality standards with no deferred maintenance, aligning perfectly with the 'Excellent' condition criteria.
Pros & Cons

Pros

Modern Construction & Turnkey: Built in 2020, this condominium is essentially new, move-in ready, and features updated finishes throughout, reflecting true pride of ownership.
Exceptional Condo Privacy: Offers a unique private living experience with no neighbors above or below, a significant advantage rarely found in condominium living.
Rich Community Amenities: Residents benefit from an extensive array of amenities including a clubhouse, parks, pickleball courts, pool, water park, and jacuzzi.
Strategic Location & Convenience: Positioned for ultimate convenience with unbeatable access to shopping, dining, major freeways, and toll roads.
Versatile & Bright Interior: Features a functional floor plan with a large, light-filled great room and a versatile bonus area, enhancing livability and adaptability.

Cons

Ongoing Association Fees: The monthly association fee of $354 adds a recurring cost to homeownership, which can impact overall affordability for some buyers.
Condominium Ownership Limitations: Despite enhanced privacy, it remains a condominium, implying shared common areas, potential for limited private outdoor space, and adherence to HOA rules.
Standard Neighborhood View: While the property has a view, it is limited to 'Neighborhood,' lacking the premium appeal of ocean, city, or mountain vistas that could command higher value.
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