
Lake Forest, California 92610
This Modern Turnkey Corner-Unit Condominium is a Prime Investment Opportunity, listed at $1,175,000—positioned well below the $1,206,116 Fair Market Value by 2%. This valuation gap provides $31,116 in Instant Equity for the incoming buyer. Boasting an Excellent Condition Rating, this 2020 build features a versatile downstairs bedroom suite, a gourmet kitchen with designer finishes, and scenic hill views. Located in the gated Ironridge community within the Saddleback Valley Unified district, residents enjoy resort-style amenities and top-tier education. It is a perfect match for growing families or multi-generational households seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 601 Shadowbrook Subject | $1,175,000* List Price | 4 | 4 | 2,152 | $560 | - |
A 506 Deeann Sold | $965,000 | 3 | 4 | 1,761 | $548 | 0.0 mi |
B 104 Alder Ridge Sold | $1,120,000 | 4 | 4 | 2,343 | $478 | 0.1 mi |
C 406 Coyote Pass Sold | $1,120,000 | 4 | 4 | 2,402 | $466 | 0.1 mi |
D 901 Sunset Rdg Sold | $855,000 | 2 | 3 | 1,453 | $588 | 0.0 mi |
E 109 Alder Ridge Sold | $830,000 | 3 | 3 | 1,410 | $589 | 0.1 mi |
F 404 Echo Blue Active | $959,000 List Price | 3 | 4 | 1,761 | $545 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is well within the 10-year threshold for excellent condition and has been further enhanced with recent updates including fresh paint, brand-new carpeting, and a new cooking range. The interior features high-end modern finishes such as shaker-style cabinetry, designer tile backsplashes, quartz countertops, and recessed lighting, showing no signs of physical depreciation or deferred maintenance.
Built in 2020 and recently refreshed with new paint, brand-new carpeting, and a new cooking range, this home offers a move-in-ready experience with contemporary designer finishes.
The corner end unit location provides extra natural light, while the ground-floor bedroom with an attached bath offers a perfect solution for an in-law suite or a private home office.
Situated in the gated Ironridge community, the property grants access to resort-style living, including swimming pools, parks, and proximity to top-rated schools and extensive hiking trails.
The three-story layout requires frequent use of stairs to navigate between the living areas and bedrooms, which may be a drawback for buyers with mobility concerns.
With an HOA fee of $445 per month, the recurring association costs are relatively high, which may impact the overall affordability for some prospective buyers.
If you're looking to buy a home that is light and bright, a corner end unit location, in the heart of Ironridge gated community, then look no further. Presenting 601 Shadowbrook, a gorgeous, turn key, fully updated, freshly painted, deep cleaned home just perfect for you. As you enter, there is a very pretty downstairs bedroom with attached bath which can be used as a study/office. It can also function as an in-law suite. There is an attached 2 car very spacious garage in this level. The stairs going to the first floor have brand new carpeting. On the first floor is the gorgeous great room, featuring the living dining and kitchen areas. Large doors and so many windows makes this room very light and bright. A very spacious room that is perfect for entertaining with friends or relaxing with the family. Recessed lights and built in speakers add the extra touch to this room. Gourmet kitchen has a brand new cooking range, upgraded cabinets and designer backsplash which makes this kitchen extremely functional and pretty. Walk in pantry provides more space for storage. There is a powder room just off the landing for your convenience. Additionally, there are not 1 but 2 balconies for you to enjoy the sunny California weather and to also do some gardening if you like! On the third floor, you'll find the master suite and walk in closet, 2 more bedrooms, 1 more full bath and the laundry room. Washer dryer & refrigirator are included with the home. Enjoy resort style living, top rated schools, parks, swimming pools, shopping, restaurants and entertainment in nearby Town Center. Plus you will be really close to walking/hiking/biking trails nearby to enjoy the California lifestyle. No Mello Roos and top rated schools check all the boxes and makes this home just the right one for you.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 79% |
| Baths | 4.0 | 3.0 | 71% |
| Square foot | 2,152 | 1,073 | 79% |
| Lot Size | 611,236 | 31,758 | 71% |
| Price | $1.18M | $785.0K | 93% |
| Price per sq ft | $546 | $589 | 21% |
| Built year | 2020 | 2007 | 57% |
| HOA | $445.0 | $400 | 50% |
| Days on market | 0 | 136 | 7% |
Apr 10, 2026
$1,175,000
Initial Listing
Dec 8, 2020
$824,500
Public Record