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105 High Meadow, Lake Forest, California 92610, Lake Forest, 92610 - 4 bed, 4 bath

105 High Meadow, Lake Forest, California 92610 home-pic-0
ACTIVE$1,185,000
105 High Meadow, Lake Forest, California 92610
4Beds
4Baths
2,322Sqft
611,236Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Modern & New Construction: Built in 2019, this tri-level condo features a contemporary kitchen with white cabinets, quartz countertops, a large island, and stainless steel appliances, offering modern comfort and minimal immediate maintenance.
Top Cons:
Condominium Ownership: As a condominium, the property likely involves shared walls, HOA regulations, and potentially limited private outdoor space, which may not suit buyers seeking a detached home experience.

Compared to the nearby listings

Price:$1.19M vs avg $762.5K (+$422,550)89%
Size:2,322 sqft vs avg 1,212.5 sqft89%
Price/sqft:$510 vs avg $59011%

More Insights

Built in 2019 (6 years old).
Condition: This property was built in 2019, making it only 5 years old. The kitchen features contemporary white shaker cabinets, quartz countertops, and stainless steel appliances, all appearing new and in excellent condition. Bathrooms are modern with double sinks, white vanities, quartz countertops, and a walk-in shower. The overall property, including flooring (tile and carpet), light fixtures (recessed lighting), and general finishes, is virtually new and shows no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Year Built
2019
Close
-
List price
$1.19M
Original List price
$1.2M
Price/Sqft
$510
HOA
$194
Days on market
-
Sold On
-
MLS number
OC25139907
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s)
Deck
ViewCity Lights,Mountain(s)

About this home

SELLER MOTIVATED!!!Welcome to this exquisite tri-level condo in the prestigious gated community of IronRidge in Portola Hills. This beautiful home boasts 2322 sq feet of living space, 4 bedrooms, 3.5 baths, 2 car attached garage. On the first floor, you'll be greeted by an open floor plan that seamlessly connects the family room, kitchen, and dining area. The contemporary kitchen boasts white cabinets, a large island with bar-height counter seating, quartz countertops, stainless steel appliances, making it a chef’s dream. The second level offers 3 bedrooms as well as 2 full bathrooms, a laundry room for your added convenience. The primary ensuite boasts double sinks with ample cabinet space, a walk-in shower, and a spacious walk-in closet. The Third level is designed for ultimate comfort and flexibility, with a versatile loft space ideal for a home office, theater, or easily converted into a fifth bedroom. This level also includes a guest bedroom, guest bathroom. Additionally, a large city park just outside the gates offers the perfect setting for evening sunsets, dog walks, or pickleball matches. With the majestic backdrop of Saddleback Mountain and proximity to top-rated schools, such as Portola Hills Elementary, this community provides a serene environment for relaxation, growth, and outdoor recreation. Enjoy the security and convenience of living within the gated community of IronRidge, complete with no Mello-Roos and a low tax rate. Don't let this opportunity slip away. MUST SEE!

Condition Rating
Excellent
This property was built in 2019, making it only 5 years old. The kitchen features contemporary white shaker cabinets, quartz countertops, and stainless steel appliances, all appearing new and in excellent condition. Bathrooms are modern with double sinks, white vanities, quartz countertops, and a walk-in shower. The overall property, including flooring (tile and carpet), light fixtures (recessed lighting), and general finishes, is virtually new and shows no signs of wear or deferred maintenance, perfectly aligning with the 'Excellent' condition criteria.
Pros & Cons

Pros

Modern & New Construction: Built in 2019, this tri-level condo features a contemporary kitchen with white cabinets, quartz countertops, a large island, and stainless steel appliances, offering modern comfort and minimal immediate maintenance.
Gated Community & Amenities: Located within the prestigious IronRidge gated community, providing enhanced security, a serene living environment, and access to a large city park for recreation, dog walks, and sunset views.
Spacious & Flexible Floor Plan: Boasting 2322 sq ft with 4 bedrooms, 3.5 baths, and a versatile third-level loft (easily convertible to a fifth bedroom, home office, or theater), offering ample space and adaptability for diverse needs.
Desirable Location & Scenic Views: Situated in Portola Hills with a majestic Saddleback Mountain backdrop, city lights and mountain views, and proximity to top-rated schools like Portola Hills Elementary.
Favorable Financial Structure: Benefits from no Mello-Roos and a low tax rate, significantly reducing ongoing ownership costs, making it an attractive financial proposition.

Cons

Condominium Ownership: As a condominium, the property likely involves shared walls, HOA regulations, and potentially limited private outdoor space, which may not suit buyers seeking a detached home experience.
Multi-Level Living: The tri-level design, while offering distinct living zones, necessitates navigating multiple flights of stairs, which could be a consideration for individuals with mobility challenges or those preferring single-story homes.
Market Perception (Price Reduction): The 'Seller Motivated' status and recent price reduction, while creating a buying opportunity, could suggest the property was initially overpriced or has faced challenges in attracting offers, potentially impacting perceived value.

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