584 Catalonia, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 4 bath

584 Catalonia, Lake Forest, California 92630 home-pic-0
ACTIVE$1,439,883
584 Catalonia, Lake Forest, California 92630
4Beds
4Baths
2,505Sqft
3,500Lot

Price Vs. Estimate

The estimated value ($1,439,883) is $0 (0%) lower than the list price ($1,439,883). This property may be overpriced.

Key pros and cons

Top Pros:
New Construction & Modern Design: Built in 2021, this home offers stylish, modern living spaces across three beautifully designed levels, ensuring contemporary aesthetics and functionality.
Top Cons:
Leased Solar Panels: While energy-efficient, the leased nature of the solar panels may introduce ongoing contractual obligations or potential complexities for future buyers who prefer owned systems.

Compared to the nearby listings

Price:$1.44M vs avg $1.31M (+$129,883)64%
Size:2,505 sqft vs avg 2,130 sqft68%
Price/sqft:$575 vs avg $67426%

More Insights

Built in 2021 (4 years old).
Condition: This property was built in 2021, making it virtually new. The description highlights 'stylish, modern living,' a 'gourmet kitchen with premium appliances,' and 'spa-inspired bathrooms.' The images confirm this, showing a contemporary aesthetic throughout, including white shaker cabinets, stainless steel appliances, modern light fixtures, clean tile and carpet flooring, and pristine bathrooms with updated vanities and tiling. There is no visible wear and tear, and all components appear to meet current quality standards.
Year Built
2021
Close
-
List price
$1.44M
Original List price
$1.5M
Price/Sqft
$575
HOA
$213
Days on market
-
Sold On
-
MLS number
PW25119786
Home ConditionExcellent
Features
Good View: Canyon, Panoramic
Patio
ViewCanyon, Panoramic

About this home

Welcome to 584 Catalonia in the highly desirable Serrano Summit community of Lake Forest! This stunning 4-bedroom, 3.5-bathroom home offers over 2,500 square feet of stylish, modern living across three beautifully designed levels. The first floor features a private bedroom suite with patio access—perfect for guests or multigenerational living. Upstairs, the open-concept second level is flooded with natural light and showcases a gourmet kitchen with premium appliances, a spacious living area, and a private balcony. The third floor is home to a luxurious primary suite with a spa-inspired bathroom and generous closet space. Additional upgrades include a tankless water heater, epoxy-coated garage floor, and energy-efficient leased solar panels. Enjoy resort-style living with access to a year-round heated pool, jacuzzi, clubhouse, BBQ area, and scenic walking paths—all just a short stroll away. The community is ideally situated near Irvine Spectrum, walking distance to the city hall which makes it super safe, top-rated schools, major freeways, and beautiful Orange County beaches. Best of all, this home comes with NO Mello-Roos and a low HOA, making it an exceptional value in one of Lake Forest’s most exclusive neighborhoods. Don’t miss your chance to call this incredible property home!

Condition Rating
Excellent

This property was built in 2021, making it virtually new. The description highlights 'stylish, modern living,' a 'gourmet kitchen with premium appliances,' and 'spa-inspired bathrooms.' The images confirm this, showing a contemporary aesthetic throughout, including white shaker cabinets, stainless steel appliances, modern light fixtures, clean tile and carpet flooring, and pristine bathrooms with updated vanities and tiling. There is no visible wear and tear, and all components appear to meet current quality standards.
Pros & Cons

Pros

New Construction & Modern Design: Built in 2021, this home offers stylish, modern living spaces across three beautifully designed levels, ensuring contemporary aesthetics and functionality.
Exceptional Community Amenities: Residents enjoy resort-style living with access to a year-round heated pool, jacuzzi, clubhouse, BBQ area, and scenic walking paths, all within a short stroll.
Strategic & Convenient Location: Ideally situated near Irvine Spectrum, top-rated schools, major freeways, and Orange County beaches, with the added benefit of being walking distance to city hall for enhanced safety.
Favorable Financial Structure: The property boasts no Mello-Roos taxes and a low HOA fee, contributing to more predictable and affordable homeownership costs.
Thoughtful Design & Premium Upgrades: Features include a flexible first-floor private bedroom suite, a gourmet kitchen with premium appliances, a tankless water heater, epoxy-coated garage floor, and energy-efficient leased solar panels.

Cons

Leased Solar Panels: While energy-efficient, the leased nature of the solar panels may introduce ongoing contractual obligations or potential complexities for future buyers who prefer owned systems.
Compact Lot Size: The 3,500 square foot lot is relatively small for a single-family residence, which could limit private outdoor living space and appeal to buyers desiring larger yards.
Recent Price Reductions: The property has undergone multiple price reductions from its original listing, which might suggest a longer market time or a need to align with current buyer expectations and market valuations.

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