1062 Summit Oak Dr, Lake Forest, California 92679, Lake Forest, - bed, bath
ACTIVE$3,200,000
1062 Summit Oak Dr, Lake Forest, California 92679
5Beds
5Baths
5,050Sqft
7,100Lot
Year Built
2020
Close
-
List price
$3.2M
Original List price
$3.2M
Price/Sqft
-
HOA
$350
Days on market
-
Sold On
-
MLS number
OC25219958
Home ConditionExcellent
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods
About this home
Stunning sunset views of a big house in the gated community Oaks of Portola hills. This home is the most desired floor plan 8 with 5 bedrooms 4.5 baths and three cars garage. One big suite downstairs. On the second floor: the Master bedroom has a huge balcony with a breathtaking sunset view. Plus A Big loft and 3 bedrooms. Top builder upgrades came with the best quality. Best price value in the whole area. Huge back yard with city lights view, you can add a pool and Spa to enjoy sunset view every day!
Nearby schools
8/10
Portola Hills Elementary School
Public,•K-6•0.5mi
6/10
Serrano Intermediate School
Public,•7-8•4.5mi
7/10
El Toro High School
Public,•9-12•4.1mi
Price History
Date
Event
Price
09/17/25
Listing
$3,200,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (187 Listings) | |
|---|---|---|---|
| Beds | 5 | 4 | 62% |
| Baths | 5 | 3 | 74% |
| Square foot | 5,050 | 3,208 | 88% |
| Lot Size | 7,100 | 7,263 | 45% |
| Price | $3.2M | $1.75M | 85% |
| Price per square foot | $634 | $639 | 49% |
| Built year | 2020 | 9965997 | 99% |
| HOA | $350 | $295 | 13% |
| Days on market | 49 | 179 | 4% |
Condition Rating
Excellent
This property was built in 2020, making it only 4 years old, which falls well within the 'newly built' criteria. The images showcase a pristine, modern interior with high-end finishes and features throughout. The kitchen boasts dark, contemporary cabinetry, white solid-surface countertops, and new stainless steel built-in appliances, including double ovens and a large refrigerator. The bathrooms are equally impressive with matching modern vanities, marble-look tile flooring, spacious glass-enclosed showers with multiple heads, and freestanding soaking tubs. All components appear virtually new, reflecting current quality standards with no visible deferred maintenance or physical depreciation. The overall aesthetic is fresh, updated, and move-in ready.
Pros & Cons
Pros
Modern Construction & Quality: Built in 2020 with 'Top builder upgrades' and 'best quality,' ensuring contemporary design, features, and reduced immediate maintenance needs.
Exceptional Panoramic Views: Offers 'stunning sunset views,' 'breathtaking sunset view' from the master bedroom's huge balcony, and 'city lights view' from the expansive backyard, providing significant aesthetic appeal.
Spacious & Versatile Floor Plan: Features a highly desired floor plan (Plan 8) with 5 bedrooms, 4.5 baths, a convenient downstairs suite, a large upstairs loft, and a three-car garage, accommodating diverse family needs.
Outdoor Living & Customization Potential: The 'huge backyard' with city lights view offers ample space and the potential to add a pool and spa, enhancing lifestyle and entertainment options.
Exclusive Gated Community & Top-Rated Elementary School Access: Located within the secure 'Oaks of Portola hills' gated community, offering exclusivity and peace of mind, coupled with close proximity (0.5 miles) to the highly-rated Portola Hills Elementary School (rating 8).
Cons
Significant Monthly HOA Dues: The $350 monthly association fee represents a considerable recurring cost that buyers must factor into their budget.
Distance to Secondary Schools: While the elementary school is conveniently close, intermediate and high schools are located 4-4.5 miles away, which may require daily commuting for older children.
High Property Tax Burden: Given the $3.2 million list price in a desirable California location, prospective buyers should anticipate a substantial annual property tax liability.