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54 Clover, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 3 bath

54 Clover, Lake Forest, California 92630 home-pic-0
ACTIVE$1,324,000
54 Clover, Lake Forest, California 92630
3Beds
3Baths
1,621Sqft
2,087Lot

Price Vs. Estimate

The estimated value ($1,301,862.89) is $22,137.11 (1%) lower than the list price ($1,324,000). This property may be overpriced.

Key pros and cons

Top Pros:
Assumable Loan Opportunity: A significant financial advantage is the assumable loan at an attractive 2.5% interest rate, offering substantial savings on monthly mortgage payments in the current market.
Top Cons:
Small Lot Size: The property features a relatively small lot size of 2,087 sqft, which may limit extensive outdoor living space or future expansion possibilities for some buyers.

Compared to the nearby listings

Price:$1.32M vs avg $1.31M (+$14,000)52%
Size:1,621 sqft vs avg 2,120 sqft21%
Price/sqft:$817 vs avg $67587%

More Insights

Built in 2015 (10 years old).
Condition: Built in 2015, this property is relatively new (9 years old) and has been recently updated with brand-new luxury vinyl plank flooring, fresh paint, and new plantation shutters. The kitchen features modern white shaker cabinets, quartz countertops, a marble backsplash, and stainless steel GE appliances, all in excellent condition. Bathrooms are also updated with modern vanities and fixtures. The overall condition reflects a virtually new property with no deferred maintenance.
Year Built
2015
Close
-
List price
$1.32M
Original List price
$1.35M
Price/Sqft
$817
HOA
$279
Days on market
-
Sold On
-
MLS number
OC25187381
Home ConditionExcellent
Features
Good View: Hills
Patio
ViewHills

About this home

***Assumable Loan at 2.5%!!!!*** Welcome to 54 Clover, nestled on a quiet cul-de-sac in the highly sought-after Baker Ranch community. This beautifully updated home features quartz countertops, a marble backsplash, a sit-in kitchen island, and brand-new luxury vinyl plank flooring throughout. Fresh paint throughout along with new plantation shutters upstairs add a crisp and modern touch. Step outside to enjoy a private backyard with stylish pavers, perfect for entertaining or relaxing. Enjoy the convenience of an upstairs laundry room and the epoxy flooring and storage in the garage. As a Baker Ranch resident, you’ll have access to incredible resort-style amenities including 8 parks, 3 sparkling pools (with an adult-only pool and kids’ splash zone), 2 clubhouses, tennis and basketball courts, BBQ areas, picnic tables, pet parks, and more. Conveniently located near the 5 and 405 freeways, this home combines modern upgrades with unmatched community living.

Nearby schools

8/10
Melinda Heights Elementary School
Public,•K-6•3.7mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•5.6mi
8/10
Trabuco Hills High School
Public,•9-12•2.0mi
Condition Rating
Excellent
Built in 2015, this property is relatively new (9 years old) and has been recently updated with brand-new luxury vinyl plank flooring, fresh paint, and new plantation shutters. The kitchen features modern white shaker cabinets, quartz countertops, a marble backsplash, and stainless steel GE appliances, all in excellent condition. Bathrooms are also updated with modern vanities and fixtures. The overall condition reflects a virtually new property with no deferred maintenance.
Pros & Cons

Pros

Assumable Loan Opportunity: A significant financial advantage is the assumable loan at an attractive 2.5% interest rate, offering substantial savings on monthly mortgage payments in the current market.
Resort-Style Community Amenities: Residents enjoy unparalleled access to a wealth of amenities including 8 parks, 3 pools (including adult-only and kids' splash zone), 2 clubhouses, tennis/basketball courts, BBQ areas, picnic tables, and pet parks, fostering a vibrant lifestyle.
Modern & Updated Interior: The home boasts recent high-quality upgrades such as quartz countertops, a marble backsplash, luxury vinyl plank flooring, fresh paint, and new plantation shutters, providing a contemporary and move-in ready living space.
Prime Location & Newer Construction: Nestled on a quiet cul-de-sac in the highly sought-after Baker Ranch community, built in 2015, ensuring modern construction standards and convenient access to the 5 and 405 freeways.
Functional & Aesthetic Enhancements: Practical features like an upstairs laundry room, epoxy flooring, and storage in the garage, combined with a private backyard featuring stylish pavers, enhance daily living and entertaining.

Cons

Small Lot Size: The property features a relatively small lot size of 2,087 sqft, which may limit extensive outdoor living space or future expansion possibilities for some buyers.
High Association Fees: A monthly association fee of $279, while contributing to the extensive community amenities, represents a significant recurring cost that buyers must factor into their budget.
Lack of Private Pool/Spa: Despite the excellent community pools, the property does not include a private pool or spa, which some buyers might expect or desire in a home at this price point and location.

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