20702 El Toro Road 243, Lake Forest, California 92630, Lake Forest, - bed, bath

home-pic
ACTIVE$412,000
20702 El Toro Road 243, Lake Forest, California 92630
1Bed
1Bath
560Sqft
362,186Lot
Year Built
1980
Close
-
List price
$412K
Original List price
$412K
Price/Sqft
-
HOA
$430.62
Days on market
-
Sold On
-
MLS number
OC25185818
Home ConditionExcellent
Features
Good View: Creek/Stream, Trees/Woods
Patio
ViewCreek/Stream, Trees/Woods

About this home

Welcome to your serene Lake Forest newly remodeled 1BR/ 1Bath retreat! This beautifully remodeled within the last two years, lower Level , Turn Key "As Is",1-bedroom, 1-bath condo in the peaceful Pheasant Creek community offers an open layout with stainless-steel appliances, beautiful flooring, newly painted , a private patio overlooking lush greenery and streams. Enjoy a spacious bedroom with a walk-in closet, an updated bathroom, in-unit laundry ,washer dryer, and a private garage Community amenities include pools, spas, tennis courts, and scenic walking paths. Conveniently located near parks, shopping, dining, and major freeways, this home blends comfort, style, and nature in one of Orange County’s best values. The low HOA dues cover water, trash, and exterior maintenance for low-maintenance living. This home is ideal for anyone seeking a peaceful retreat with convenient access to everything Lake Forest has to offer.

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
08/19/25
Listing
$412,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (72 Listings)
Beds12
18%
Baths12
34%
Square foot560981
1%
Lot Size362,186255,097
73%
Price$412K$610K
4%
Price per square foot$736$609
99%
Built year19801983
30%
HOA$430.62$473
40%
Days on market79167
8%
Condition Rating
Excellent

Despite being built in 1980, the property has been 'beautifully remodeled within the last two years,' as stated in the description. The images confirm extensive, recent renovations, including a modern kitchen with stainless steel appliances, white shaker cabinets, and new countertops. The bathroom is also updated with a contemporary vanity, new fixtures, and clean tiling. New laminate flooring and fresh paint are visible throughout, giving the entire unit a virtually new and move-in ready condition, aligning with the 'Excellent' criteria for a property extensively renovated within the last 5 years.
Pros & Cons

Pros

Recent Remodel & Turn-Key: The property has been beautifully remodeled within the last two years and is presented as 'Turn Key,' offering immediate move-in readiness and reducing initial buyer expenses.
Comprehensive Community Amenities: Residents benefit from a wide array of community amenities including pools, spas, tennis courts, and scenic walking paths, enhancing lifestyle and recreational opportunities.
Low HOA Dues with Inclusions: The low HOA dues are highly attractive as they cover essential utilities like water and trash, along with exterior maintenance, promoting a low-maintenance living experience.
Private Garage & In-Unit Laundry: The inclusion of a private garage and convenient in-unit washer/dryer significantly adds to the property's appeal, offering desirable convenience and security for condo living.
Private Patio with Scenic View: A private patio overlooking lush greenery and streams provides a tranquil outdoor space, enhancing the property's aesthetic and offering a peaceful retreat.

Cons

As Is Sale Condition: Despite recent remodels, the 'As Is' sale condition may deter some buyers who are concerned about potential hidden issues or a lack of seller willingness for further repairs.
Limited Living Space & Bedroom Count: With only 560 sqft and 1 bedroom, the property offers limited living space, which may restrict its appeal to a narrower demographic of buyers, such as singles or couples.
Potential Overpricing Relative to Market Estimate: The listing price is 3% higher than the property's estimated value, which could indicate it is slightly overvalued in the current market, potentially affecting buyer interest.

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