109 Alder Ridge, Lake Forest, California 92610, Lake Forest, - bed, bath

home-pic
ACTIVE$898,000
109 Alder Ridge, Lake Forest, California 92610
3Beds
3Baths
1,410Sqft
611,236Lot
Year Built
2021
Close
-
List price
$898K
Original List price
$985K
Price/Sqft
-
HOA
$195
Days on market
-
Sold On
-
MLS number
OC25134833
Home ConditionExcellent
Features
Good View: Mountain(s), Neighborhood, Pool
Deck
ViewMountain(s), Neighborhood, Pool

About this home

Premium View Location! Discover the many details complimenting the On Trend Design of this Modern 2021 built townhome. Located in the Gated Resort-Style community of Ironridge and featuring 3 Bedrooms + 2.5 Bathrooms this Stylish Residence has everything the Modern Day buyer is looking for! As you step up the entrance stairs to the second floor living area a Light & Bright interior greets you to provide the Perfect Ambiance for your daily routine. The Gourmet Kitchen is the Heart of the Home with a Refreshing Tile Backsplash, Neutral Quartz Countertops, Center Island, Stainless Steel Appliances, and Crisp White Cabinets. The comforts of an Open Concept Living Room are highlighted by an Abundance of Windows and Wood Look Luxury Vinyl Flooring, making this space your very own at home sanctuary. Upstairs you will find 3 Bedrooms and 2 Bathrooms, plus a stackable Laundry Area. Indulge the Comforts of a Calm Atmosphere in your Primary Suite Retreat offering plenty of Space, Natural Light, and Majestic Mountain Views. Continue into the Spa like Master Bathroom including upgraded tile flooring, Quartz Counter tops, Restorative Walk-in Shower, and Dual Vanities. The Outdoor Enclave is a charming sun filled balcony off the kitchen perfect for that morning cup of coffee. Enjoy the benefits of an attached Spacious 2 Car Garage with Epoxy Flooring, an Extended Storage Space, and Tankless Water Heater. The location of this home enjoys easy walking distance access to Exclusive Resort Ironridge amenities including...Parks, Basketball courts, Swimming Pools, Clubhouse, Multiple Picnic Areas, Playgrounds, Walking and Hiking Trails. Gorgeous Home! NO MELLO ROOS! Come see this one in person!

Price History

Date
Event
Price
09/06/25
Price Change
$898,000
06/17/25
Listing
$985,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (23 Listings)
Beds32
71%
Baths32
58%
Square foot1,4101,060
79%
Lot Size611,23645,775
63%
Price$898K$625K
75%
Price per square foot$637$612.5
58%
Built year20219975998
96%
HOA$195$510
29%
Days on market140143
50%
Condition Rating
Excellent

This property was built in 2021, making it virtually new. The description and images confirm a modern, on-trend design with a gourmet kitchen featuring stainless steel appliances, quartz countertops, white cabinets, and a tile backsplash. The master bathroom is described as 'spa-like' with upgraded tile, quartz countertops, and a walk-in shower. The flooring is a mix of wood-look luxury vinyl and new carpet. All components appear new, meet current quality standards, and show no signs of deferred maintenance or depreciation, aligning perfectly with the 'excellent' criteria.
Pros & Cons

Pros

New Construction & Modern Upgrades: Built in 2021, this townhome boasts an on-trend design with a gourmet kitchen featuring quartz countertops, a center island, stainless steel appliances, and a spa-like master bathroom with upgraded finishes and a walk-in shower.
Gated Resort-Style Community: Located within the exclusive Ironridge community, residents enjoy access to extensive amenities including parks, basketball courts, swimming pools, a clubhouse, picnic areas, playgrounds, and walking/hiking trails.
Premium View Location: The property offers a premium view location with majestic mountain views from the primary suite, enhancing its appeal and providing a serene living environment.
No Mello Roos: A significant financial advantage, the property is free from Mello Roos taxes, which can result in substantial annual savings for the homeowner.
Functional & Efficient Features: The residence features an open-concept living room, abundant natural light, wood-look luxury vinyl flooring, a spacious 2-car garage with epoxy flooring and extended storage, and a tankless water heater.

Cons

Limited Private Outdoor Space: The property's 'outdoor enclave' is described as a charming sun-filled balcony, indicating minimal private outdoor living area, which may not appeal to buyers desiring a yard or larger patio.
Condominium Ownership & HOA Fees: As a condominium/townhome, it comes with a monthly association fee of $195 and potential community rules and restrictions, which may not suit buyers seeking complete autonomy or a single-family home.
Recent Price Reduction: The property has undergone a significant price reduction from its original list price of $985,000 to $898,000, which could suggest a previous overvaluation or slower market interest.

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