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

home-pic
ACTIVE$1,269,999
155 Alder Ridge, Lake Forest, California 92610
4Beds
4Baths
2,152Sqft
2,152Lot
Year Built
2020
Close
-
List price
$1.27M
Original List price
$1.29M
Price/Sqft
-
HOA
$328
Days on market
-
Sold On
-
MLS number
TR25008808
Home ConditionExcellent
Features
Good View: Catalina, Mountain(s), Neighborhood, Panoramic, Trees/Woods
Patio
ViewCatalina, Mountain(s), Neighborhood, Panoramic, Trees/Woods

About this home

Welcome to this turnkey home with great views, exquisite three-story condo in the prestigious gated Iron Ridge community in Portola Hills. This stunning end unit offers a blend of luxury living and modern convenience to next parking lot and community amenities. the ground floor ADA-accessible. and ensuite 1 bedroom 1 full bathroom opens out a large patio perfect for your guests to enjoying the views for a good time with or a home office or a rental. and its own mini split AC/Heater. The attached two-car garage provides convenience with EV Charger with an epoxy floor and tankless water heater. Then,The spacious 2nd floor with open-plan layout is filled with an abundance natural light into the home, enjoy scenic views two balcony terraces extends from the living room and dining area where you have one of the best views from this end unit balcony. Under Cabinet LED lighting with dimmer, Large Island with seating, quartz countertops, Gas Cooktop, Pantry and much more. This living area making it the perfect spot for entertaining guests or spending cherished family time. the best smart home features providing enhanced security, WiFi thermostat, convenience and optimized energy efficiency at the touch of a button. 1/2 bathroom is connect with to third level. On the upper third level, a well-equipped laundry room await. The master suite indulges with a walk-in closet, dual vanity sinks, and mountain views. and a complete bathroom with dual sanity sink between Jack & Jelly bedrooms. Residents enjoy a full range of amenities including pools, jacuzzi, mini water park, playground, tennis courts. The Iron ridge Community invites recreation with sport fields, tennis courts, resort-style pool, multiple playgrounds, mini water park, jacuzzis, poolside cabanas, large clubhouse hosts events with kitchen and fireplace, perfect for large gatherings and events, dog parks, hiking trails and more. this paradise offers easy access to the 241 toll road, and award-winning schools. Embrace comfort, luxury, and the serenity of 155 Alder Ridge. NO MELLO-ROOS. LOW 1.10 TAX RATE. Ideal for primary residence or investment. Full house furniture and appliance for quick move-in.

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (23 Listings)
Beds42
92%
Baths42
83%
Square foot2,1521,060
92%
Lot Size2,15233,754
17%
Price$1.27M$625K
96%
Price per square foot$590$599.5
42%
Built year20209975998
83%
HOA$328$510
46%
Days on market269150
92%
Condition Rating
Excellent

The property was built in 2020, placing it within the 'excellent' condition range. The images show a modern kitchen with stainless steel appliances, quartz countertops, and updated bathrooms. The flooring appears to be in excellent condition, and the overall aesthetic is modern and well-maintained. The description mentions smart home features, further supporting the 'excellent' rating.
Pros & Cons

Pros

Stunning Views: The property boasts panoramic views of Catalina, mountains, and the neighborhood, enhancing its desirability and market value.
Modern Upgrades: Features include a remodeled kitchen with quartz countertops, a large island, and smart home technology, offering a contemporary living experience.
Community Amenities: Access to a wide range of community amenities such as pools, a mini water park, tennis courts, and a clubhouse, promoting an active lifestyle.
ADA Accessibility: The ground floor is ADA-accessible, providing convenience and inclusivity for residents and guests.
Prime Location: Located in the gated Iron Ridge community with easy access to the 241 toll road and award-winning schools, offering convenience and quality education.

Cons

Association Fees: The monthly association fee of $328 may deter some buyers.
Price Reduction: The property has already undergone a price reduction, which may indicate challenges in the current market or perceived overpricing initially.
HOA Restrictions: As part of a HOA community, the property is subject to rules and regulations that may limit personalization and freedom.

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