24092 Gemwood, Lake Forest, California 92630, Lake Forest, - bed, bath
About this home
An exceptionally rare find and secluded sanctuary property, where a large single-story ranch house sits on a massive 16,113 sqft flat lot at the end of a cul-de-sac in a quiet family neighborhood. This residence offers approximately 2,500 sqft of living space and features 5 bedrooms and 2.5 baths, plus additional living areas which may present future utility. Has been used as a Daycare for a long time. The property offers tremendous flexibility and is perfect for a multi-generational estate, a unique business use, or a substantial investment opportunity. The expansive lot is a true paradise for large events, featuring a resort-caliber redwood gazebo, outdoor cooking area, wide array of mature fruit trees, and an enormous paved area with room for 12+ cars or multiple RVs/boats. Leverage this property and its huge lot to create your own masterpiece, build, expand, add a pool and or alternate income producing opportunities. The property will be delivered vacant at COE. Very close to ample shopping, entertainment, and major freeways. A large Single-Story property with such giant flat and usable backyard is extremely rare in south orange county, Act Fast. By Appointment Only
Price History
| Subject | Average Home | Neighbourhood Ranking (189 Listings) | |
|---|---|---|---|
| Beds | 5 | 4 | 81% |
| Baths | 3 | 3 | 50% |
| Square foot | 2,500 | 2,136 | 68% |
| Lot Size | 16,113 | 5,590 | 99% |
| Price | $1.7M | $1.33M | 77% |
| Price per square foot | $678 | $683 | 48% |
| Built year | 1965 | 9885989 | 6% |
| HOA | |||
| Days on market | 7 | 169 | 1% |