51 La Perla, Lake Forest, California 92610, Lake Forest, 92610 - 4 bed, 3 bath
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Lake Forest, California 92610
This Former Model Home is a Prime Investment Opportunity with a List Price of $1,550,000—positioned well below the $1,619,525 Fair Market Value by 4%. This valuation gap offers $69,525 in Instant Equity. Boasting a Condition Rating of 3, the residence features a Granite Kitchen, Panoramic City Light Views, and a slate stone patio. Proximity to Top-Rated Schools like Portola Springs Elementary and Northwood High (rated 9/10) ensures long-term value. This turnkey sanctuary is ideal for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 51 La Perla Subject | $1,550,000* List Price | 4 | 3 | 2,444 | $663 | - |
A 39 Touraine Place Sold | $1,249,800 | 4 | 3 | 1,723 | $725 | 0.7 mi |
B 51 Toulon Sold | $1,290,000 | 4 | 3 | 2,127 | $606 | 0.4 mi |
C 67 Blazewood Sold | $1,285,000 | 4 | 3 | 2,083 | $617 | 0.4 mi |
D 3 Corozal Sold | $1,475,000 | 4 | 3 | 2,733 | $540 | 0.3 mi |
E 24 Rodeo Sold | $1,257,000 | 3 | 3 | 1,701 | $739 | 0.6 mi |
F 32 Salinas Sold | $1,400,000 | 3 | 3 | 2,512 | $557 | 0.3 mi |
G 10 Eldorado Active Under Contract | $1,499,000 List Price | 4 | 3 | 2,516 | $596 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1992 but extensively upgraded and well-maintained. Key improvements include a remodeled kitchen with granite slab counters, updated bathrooms with new vanities and custom tile, and a significant system upgrade with new PEX plumbing. The property is in move-in ready condition with modern fixtures and recessed lighting.
Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
The property features unobstructed, panoramic city light views from a meticulously designed backyard that includes a slate stone patio, gazebo, custom firepit, and motorized shade awning.
This former model home has been modernized with high-value improvements including new PEX plumbing, designer fixtures, motorized window blinds, and a remodeled primary bathroom with a custom walk-in shower.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The 1992 construction includes a step-down formal living room and extensive tiled flooring, which may feel less contemporary to buyers seeking modern, level open-concept interiors.
As a traditional two-story home with a custom stairway chair-lift, the property may require modifications for buyers who do not need the lift or those specifically seeking a single-story lifestyle.
LOCATION, LOCATION, LOCATION - This is a BEAUTIFULLY Designed FORMER MODEL HOME with Unobstructed PANORAMIC VIEWS from your Backyard!! Enjoy this Spacious Floor-Plan offering 2444sqft with 3 LARGE Bedrooms, Downstairs Office/Den (could be 4th Bedroom) & 3 FULL Bathrooms * * This MODEL offers a Downstairs Office/4th Bedroom and FULL Bathroom * * Terrific Island Kitchen with GRANITE SLAB Counter Tops & Custom Tiled Back-Splash, Large Island with Breakfast Counter, for the Kids and Large Walk-In Pantry * * Step-Down Formal Living Room & Formal Dining Room with SOARING, HIGH-VOLUME Cathedral Ceilings with Beautiful Tiled Flooring Throughout * * Cozy Family Room is PERFECT for Family Gatherings with Recessed Lighting, Fireplace and Large Picture Windows allowing an Abundance of Natural Light * * Downstairs Office/Den Area can be Easily Converted back to a Main Floor Bedroom * * Beautifully Designed Backyard with Incredible City Lights View, SLATE STONE Patio, Motorized Retractable Shade Awning, Raised Deck with Gazebo & Custom Firepit, Manicured Landscape, BLOCK-WALL Fencing and Plenty of GRASS for the Kids to Play * * UPGRADED Throughout with NEW PEX Plumbing, Mirrored Wardrobes, DESIGNER FIXTURES, Recessed Lighting & Raised Panel Doors, Motorized Window Blinds with Remote, Skylight with Natural Light, Remodeled Downstairs Bathroom with Custom Tiled Shower, CUSTOM Stairway Chair-Lift, Rain Gutters, Granite Counters and MUCH MORE * * Spacious Primary Bedroom with HIGH Pitched Ceilings & LARGE Walk-In Closet -AND- Primary Bathroom with NEW Vanity with His & Her Sinks, Custom Tiled Walk-In Shower and OVER-SIZED Romantic Tub * * (2) Additional Nicely Appointed Upstairs Bedrooms w/Mirrored Wardrobes, Walk-In Closets and High Ceilings * * Upstairs Bathroom with (2) Sinks * * INDOOR LAUNDRY ROOM * * Terrific Curb Appeal with (3) Car Attached Garage * * GREAT Location and Enjoy the Community POOL & SPA, Tennis Courts, Clubhouse, Sport Courts, Picnic Area, Playground...and Close to Award Winning Schools, Shopping, Dining/Restaurants, Sport Park, Trails & EZ Freeway Access for the Commuter - Affordable HOA and LOW LOW TAXES!!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades K-6 • 3.0 mi
Grades 7-8 • 5.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,444 | 2,180 | 62% |
| Lot Size | 6,060 | 4,659 | 71% |
| Price | $1.55M | $1.41M | 65% |
| Price per sq ft | $634 | $656 | 35% |
| Built year | 1992 | 1994 | 26% |
| HOA | $118.0 | $118 | 50% |
| Days on market | 32 | 117 | 15% |
May 5, 2026
$1,550,000
Initial Listing