23220 Orange 2, Lake Forest, California 92630, Lake Forest, - bed, bath

home-pic
ACTIVE$375,000
23220 Orange 2, Lake Forest, California 92630
1Bed
1Bath
685Sqft
1,500Lot
Year Built
1980
Close
-
List price
$375K
Original List price
$375K
Price/Sqft
-
HOA
$637
Days on market
-
Sold On
-
MLS number
OC25237820
Home ConditionGood
Features
Deck
ViewNeighborhood

About this home

Bright and airy upper-level condo in the Aliso Creek Villas community. This home features cathedral ceilings, a private balcony, walk-in closet, and inside laundry. Recent updates include new window treatments, fresh paint, new flooring, baseboards, kitchen appliances, new electrical panel, electrical switches, outlets, light fixtures, and ceiling fan. The kitchen and bath have been refreshed with new faucets, garbage disposal, water valves, and a new toilet, ensuring comfort and reliability throughout.  The community offers a great combination of amenities including one carport, three swimming pools, paid water, trash, and basic fire insurance. Conveniently located near shopping, restaurants, schools, and easy access to the 5 freeway, this home is perfect for first-time buyers or investors seeking a great opportunity in a central Lake Forest location.

Nearby schools

5/10
Los Alisos Intermediate School
Public,7-80.5mi
7/10
Mission Viejo High School
Public,9-122.0mi

Price History

Date
Event
Price
10/13/25
Listing
$375,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (72 Listings)
Beds12
18%
Baths12
34%
Square foot685981
1%
Lot Size1,500234,236
7%
Price$375K$610K
1%
Price per square foot$547$607
21%
Built year19801983
30%
HOA$637$475
95%
Days on market23167
1%
Condition Rating
Good

This property is in good condition, being move-in ready with no immediate renovations required. Despite being built in 1980, the listing highlights extensive recent updates including new flooring, fresh paint, new kitchen appliances, a new electrical panel, updated light fixtures, and refreshed kitchen and bathroom fixtures (faucets, toilet). While the kitchen cabinets and bathroom vanity retain a dated style and popcorn ceilings are present, these cosmetic elements do not detract from the property's overall functionality and cleanliness, which have been significantly improved by the recent updates. Major systems are functional and updated, aligning with the 'Good' criteria.
Pros & Cons

Pros

Extensive Recent Updates: The condo boasts significant recent updates including new window treatments, fresh paint, new flooring, baseboards, kitchen appliances, electrical panel, switches, outlets, light fixtures, and ceiling fan, making it move-in ready.
Desirable Interior Features: Features such as cathedral ceilings, a private balcony, a walk-in closet, and convenient inside laundry enhance the living experience and appeal of the unit.
Comprehensive Community Amenities: The Aliso Creek Villas community offers valuable amenities including one carport, three swimming pools, and covers water, trash, and basic fire insurance, adding convenience and value for residents.
Prime Location & Accessibility: Conveniently located near shopping, restaurants, schools, and with easy access to the 5 freeway, the property offers excellent connectivity and lifestyle benefits.
Bright & Airy Upper-Level Unit: As an upper-level condo, it benefits from increased natural light, a bright and airy atmosphere, and enhanced privacy, complemented by cathedral ceilings.

Cons

High Association Fee: The association fee of $637.00 is notably high for a 1-bedroom condo, which could significantly impact monthly ownership costs and affordability for potential buyers.
Limited Square Footage: With only 685 square feet, the unit offers relatively small living space, which may not be suitable for buyers seeking more room or those planning for future growth.
Older Building Infrastructure: Built in 1980, the building is over 40 years old. While the unit has been updated, the age of the overall building infrastructure could lead to potential future maintenance needs or special assessments for common areas.

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