20702 El Toro 271, Lake Forest, California 92630, Lake Forest, - bed, bath

home-pic
ACTIVE$435,000
20702 El Toro 271, Lake Forest, California 92630
1Bed
1Bath
610Sqft
Lot
Year Built
1980
Close
-
List price
$435K
Original List price
$435K
Price/Sqft
-
HOA
$430
Days on market
-
Sold On
-
MLS number
OC25235954
Home ConditionGood
Features
Good View: Creek/Stream
Patio
ViewCreek/Stream

About this home

First-Time Home Buyer Opportunity! Move-in ready lower-level condo with resort-style amenities offering modern serenity in Lake Forest. Welcome to your ideal Lake Forest retreat — a cozy, affordable, and nicely remodeled home that combines comfort with the peaceful sounds of nature. Located in the desirable Pheasant Creek community, this 1-bedroom, 1-bath condo sits just steps from the pool and features an open-concept layout that blends the living and dining areas. The interior includes fresh paint and an updated kitchen with quartz countertops, sleek cabinetry, and stainless-steel appliances, creating a clean, modern feel. The spacious bedroom offers a walk-in closet, and the upgraded bathroom includes stylish finishes and quality fixtures. A private front patio provides a relaxing spot surrounded by lush landscaping and tranquil streams flowing through the community. Residents enjoy multiple pools and spas, tennis courts, and scenic walking paths. The home includes a full-size washer and dryer, a covered carport, and one additional parking space. HOA dues cover water, trash, and exterior maintenance for a low-maintenance lifestyle. Pheasant Creek is an FHA-approved complex, conveniently located near parks, shops, restaurants, and with easy access to freeways and toll roads. Won't Last Long!

Nearby schools

7/10
Montevideo Elementary School
Public,K-63.4mi
7/10
La Paz Intermediate School
Public,7-84.4mi
8/10
Trabuco Hills High School
Public,9-120.5mi

Price History

Date
Event
Price
10/09/25
Listing
$435,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (74 Listings)
Beds12
17%
Baths12
33%
Square foot610981
1%
Lot Size0241,503
Price$435K$615K
9%
Price per square foot$713$609
95%
Built year19801983
29%
HOA$430$473
40%
Days on market27166
1%
Condition Rating
Good

The property, built in 1980, has undergone significant and recent renovations, making it move-in ready. The kitchen features updated sleek white cabinetry, quartz countertops, and a subway tile backsplash, though the appliances are white, not stainless steel as stated in the description. The bathroom is fully upgraded with modern fixtures, a contemporary vanity, and a stylish shower/tub enclosure. New laminate flooring and fresh paint throughout contribute to a modern aesthetic. While the original structure is older, the extensive updates bring its condition to a 'Good' standard, indicating a renovation likely within the last 5-15 years.
Pros & Cons

Pros

Move-in Ready & Modern Updates: The condo is nicely remodeled with fresh paint, an updated kitchen featuring quartz countertops, sleek cabinetry, and stainless-steel appliances, plus an upgraded bathroom, making it move-in ready.
Resort-Style Amenities: Residents enjoy access to multiple pools, spas, tennis courts, and scenic walking paths, providing a resort-like living experience within the community.
First-Time Buyer Friendly & FHA Approved: Positioned as an affordable opportunity for first-time home buyers, the complex is FHA-approved, which can facilitate easier financing options.
Low-Maintenance Lifestyle: HOA dues cover water, trash, and exterior maintenance, contributing to a low-maintenance lifestyle for residents.
Convenient Location & Private Patio: The property is conveniently located near parks, shops, restaurants, and major freeways, and includes a private front patio surrounded by lush landscaping and tranquil streams.

Cons

Limited Living Space: With only 1 bedroom and 610 sqft, the property offers restricted living space, potentially limiting its appeal to singles or couples without children.
Age of Building: Constructed in 1980, the building is over 40 years old, which, despite interior renovations, could imply older infrastructure and potential for future building-wide maintenance or assessment costs.
Absence of Central Air Conditioning: The property description does not mention a cooling system, which could be a significant drawback during warmer months in Lake Forest, potentially requiring buyers to install window units or other solutions.

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