602 Catalonia, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 4 bath
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Lake Forest, California 92630
This Modern Tri-Level Residence is a Prime Investment Opportunity, listed at $1,480,000—positioned well below the $1,520,000 Fair Market Value by 2%. This valuation gap offers $40,000 in Instant Equity for buyers. Boasting an Excellent Condition Rating, the 2022-built home features fully paid solar, upgraded wood flooring, and a versatile four-bedroom layout. Located in the amenity-rich Serrano Summit within the Saddleback Valley Unified district, it combines financial efficiency with a resort lifestyle. This is an ideal match for multi-generational families or Owner-Occupants seeking a turnkey sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 602 Catalonia Subject | $1,480,000* List Price | 4 | 4 | 2,576 | $590 | - |
A 225 Denali Sold | $1,428,000 | 4 | 4 | 2,401 | $595 | 0.1 mi |
B 457 Palermo Sold | $1,110,000 | 4 | 4 | 2,020 | $550 | 0.1 mi |
C 233 Denali Sold | $1,280,000 | 4 | 3 | 2,010 | $637 | 0.1 mi |
D 207 Denali Sold | $1,240,000 | 3 | 4 | 2,179 | $569 | 0.2 mi |
E 335 Adela Sold | $1,042,000 | 3 | 4 | 1,703 | $612 | 0.2 mi |
F 601 Catalonia Active | $1,588,000 List Price | 4 | 4 | 2,796 | $568 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property was built in 2022, making it nearly new and well within the 5-year window for excellent condition. The home features modern architectural styling, upgraded wood flooring throughout, and high-end contemporary finishes in the kitchen and four bathrooms. With fully paid solar, energy-efficient systems, and a move-in-ready status that meets all current quality standards, there is no deferred maintenance or visible physical depreciation.
The property offers exceptional value with low property taxes, no Mello-Roos, and a low HOA fee, which is rare for newer master-planned communities in Orange County.
Built in 2022, the home features fully paid solar panels and contemporary upgrades, providing significant long-term utility savings and a move-in-ready experience.
The tri-level layout includes four bedrooms and four full bathrooms, featuring a highly desirable first-floor ensuite that is perfect for multi-generational living or a private home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2576, other record living area = 2736.
The three-story design requires frequent use of stairs to access primary living areas and bedrooms, which may not be suitable for all buyers or those with mobility concerns.
As a high-density condominium with a small lot footprint, the property lacks a traditional private backyard, relying instead on balconies and community common areas for outdoor space.
Beautifully upgraded tri-level home in desirable Serrano Summit, ideally located next to the Lake Forest Civic Center. Built in 2022, this newer residence offers approximately 2,576 sq ft with 4 bedrooms and 4 full bathrooms. A highly desirable layout with a first-floor ensuite bedroom, one bedroom and one full bath on the second level, and two ensuite bedrooms on the third level. The bright open floor plan offers abundant natural light, no rear neighbors, upgraded wood flooring throughout. Enjoy private balconies on both the second and third levels, adding to the home’s indoor-outdoor appeal. Additional highlights include fully paid solar, a 2-car garage, and driveway parking. Residents enjoy resort-style amenities including a pool, spa, clubhouse, basketball court, and more. Conveniently located near major freeways, Irvine Spectrum, and Great Park. Low property tax, no Mello-Roos, and low HOA. Must See!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 94% |
| Baths | 4.0 | 2.0 | 92% |
| Square foot | 2,576 | 1,037 | 99% |
| Lot Size | 2,000 | 162,510 | 32% |
| Price | $1.48M | $625.0K | 99% |
| Price per sq ft | $575 | $600 | 38% |
| Built year | 2022 | 1983 | 97% |
| HOA | $213.0 | $460 | 5% |
| Days on market | 47 | 155 | 4% |
Mar 25, 2026
$1,480,000
$1,520,000
-3% Price Drop
Initial Listing
Mar 6, 2026
$1,520,000
Initial Listing
Jan 27, 2022
$1,147,000
Public Record