22722 Malaga, Lake Forest, California 92630, Lake Forest, 92630 - 2 bed, 1 bath

22722 Malaga, Lake Forest, California 92630 home-pic-0
ACTIVE$515,000
22722 Malaga, Lake Forest, California 92630
2Beds
1Bath
873Sqft
293,665Lot
Year Built
1974
Close
-
List price
$515K
Original List price
$515K
Price/Sqft
$590
HOA
$530
Days on market
-
Sold On
-
MLS number
PW25265388
Home ConditionExcellent
Features
Deck
ViewNeighborhood

About this home

We found 3 Cons,5 Pros. Rank: price - $515.0K(25th), sqft - 873(24th), beds - 2(50th), baths - 1(32th).

Thoughtfully updated 2-bedroom, 1-bath upper-level residence offering 873 square feet of living space with a stylish California-boho aesthetic. The kitchen showcases butcher block countertops and floating shelves, while the recently renovated bathroom features a modern vanity and updated flooring. Dual-pane windows installed in 2020 enhance comfort and efficiency throughout the home. With only one shared wall and no neighbors above or below, this residence offers a level of privacy that is uncommon within the community. Enjoy a generously sized balcony and the convenience of two parking spaces, including one assigned space (13D) and a highly desirable private one-car garage with a remote-controlled automatic door. Fresh interior paint and touch-ups are currently in progress. Community amenities include a pool and spa. Photographs include both vacant and virtually staged representations of the living and dining areas to illustrate potential layout and furnishing options.

Price History

Date
Event
Price
12/04/25
Listing
$515,000
08/08/17
Sold
$320,000
08/13/08
Sold
$200,000
08/02/04
Sold
$330,000
02/27/03
Sold
$203,000
12/29/99
Sold
$117,000
Condition Rating
Excellent

Despite being built in 1974, this property has undergone extensive and recent renovations, aligning with the 'extensively renovated within 5 years' criteria for an excellent score. The kitchen features modern white cabinetry, butcher block countertops, floating shelves, a stylish subway tile backsplash, and stainless steel appliances. The bathroom is explicitly described as 'recently renovated' with a modern vanity and updated flooring. Dual-pane windows were installed in 2020, and new laminate flooring is present throughout the main living areas and bedrooms. The interior has fresh paint, and light fixtures appear updated, creating a cohesive and current 'California-boho aesthetic'. All visible components are new or virtually new, indicating minimal physical depreciation and meeting current quality standards.
Pros & Cons

Pros

Modern Renovations: Thoughtfully updated interior with a stylish California-boho aesthetic, featuring butcher block countertops, floating shelves, and a recently renovated bathroom.
Exceptional Privacy: Unique for a condo, this upper-level unit boasts only one shared wall and no neighbors above or below, offering superior privacy.
Energy Efficient Upgrades: Enhanced comfort and efficiency are provided by dual-pane windows installed in 2020.
Desirable Parking & Garage: Includes two parking spaces, highlighted by a private one-car garage with a remote-controlled automatic door, a significant advantage.
Community Amenities & Balcony: Access to desirable community amenities like a pool and spa, complemented by a generously sized private balcony.

Cons

High Association Fee: The monthly association fee of $530 is relatively high and adds a significant recurring cost to homeownership.
Building Age: Constructed in 1974, the property is an older building, which despite recent updates, may imply potential for future common area maintenance or structural considerations.
Single Bathroom: The unit features only one bathroom, which could be a limiting factor for some buyers, particularly those seeking more convenience or accommodating multiple occupants.

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