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112 High Meadow, Lake Forest, California 92610, Lake Forest, 92610 - 2 bed, 3 bath

112 High Meadow, Lake Forest, California 92610 home-pic-0
ACTIVE$875,000
112 High Meadow, Lake Forest, California 92610
2Beds
3Baths
1,230Sqft
611,236Lot
Year Built
2020
Close
-
List price
$875K
Original List price
$950K
Price/Sqft
$711
HOA
$289
Days on market
-
Sold On
-
MLS number
OC25048261
Home ConditionExcellent
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $875.0K(61th), sqft - 1230(50th), beds - 2(50th), baths - 3(50th).

Model-Perfect! Welcome to this absolutely stunning end-unit home, located in the award-winning, gated community of IRON RIDGE. With a touch of modern flair and high-end finishes throughout, this light and bright residence offers the perfect blend of style, comfort, and convenience. Featuring two spacious bedrooms and 2.5 baths, this home is designed for effortless living. The open concept layout seamlessly connects the large kitchen dining area and family room, creating a perfect space for entertaining and everyday relaxation. Enjoy the evening breezes on your private balcony. Well-appointed with extensive laminate floors and neutral carpet. Attached two car garage with direct access. Residents of Iron Ridge enjoy exceptional community amenities, including parks, tennis/pickle courts, BBQ’s, pool , playground and endless walking trails. Plus, with shopping, dining, and toll roads just minutes away, this prime location offers the best of both convenience and tranquility. True pride of ownership on this stunning home. Low taxes and No Melle Roos.

Price History

Date
Event
Price
08/15/25
Price Change
$875,000
03/05/25
Listing
$949,700
Condition Rating
Excellent
This property was built in 2020, making it only 4 years old and well within the 'Excellent' category's 10-year new build criteria. The images confirm a 'model-perfect' condition with modern, high-end finishes throughout. The kitchen features contemporary grey cabinetry, white quartz countertops, subway tile backsplash, and stainless steel appliances, all appearing new and in pristine condition. Bathrooms boast modern vanities, fixtures, and clean tiling. Flooring is a mix of extensive laminate/hardwood and neutral carpet, all showing minimal to no wear. Light fixtures are modern, including recessed lighting and stylish chandeliers. All systems are undoubtedly new and meet current quality standards, indicating no deferred maintenance and virtually no physical depreciation.
Pros & Cons

Pros

New Construction & Turnkey Condition: Built in 2020 with 'Model-Perfect' condition and 'high-end finishes,' offering a move-in ready experience with modern aesthetics and low immediate maintenance.
Exceptional Gated Community Amenities: Located in the 'award-winning, gated community of IRON RIDGE' with extensive amenities like parks, tennis/pickle courts, BBQ’s, pool, playground, and walking trails, significantly enhancing lifestyle.
Significant Financial Advantage: The property boasts 'Low taxes and No Mello-Roos,' providing a substantial long-term financial benefit that makes ownership more affordable compared to many new developments in California.
Convenient & Accessible Location: Proximity to 'shopping, dining, and toll roads just minutes away' ensures excellent accessibility and convenience for daily necessities and major transportation routes.
Desirable Open Concept Layout: The 'open concept layout seamlessly connects the large kitchen dining area and family room,' ideal for modern living and entertaining, complemented by a private balcony.

Cons

Condominium Specifics & HOA Fees: As a condominium, it entails shared walls and an ongoing HOA fee of $289/month, which adds to monthly expenses and may involve community rules and restrictions.
Limited Interior Space: With 1230 sqft for a 2-bedroom unit, the interior living space is relatively compact, potentially limiting appeal for buyers desiring more expansive rooms or a larger footprint.
Lack of Specific Views & Price Reduction: The property explicitly states 'view: None,' which might be a detractor for some buyers, and the recent price reduction from $949,700 to $875,000 could suggest market resistance or initial overpricing.

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