241 Burwood, Lake Forest, California 92630, Lake Forest, - bed, bath

home-pic
ACTIVE$2,398,000
241 Burwood, Lake Forest, California 92630
5Beds
5Baths
3,173Sqft
4,197Lot
Year Built
2023
Close
-
List price
$2.4M
Original List price
$2.58M
Price/Sqft
-
HOA
$249
Days on market
-
Sold On
-
MLS number
OC25056215
Home ConditionExcellent
Features
Good View: Park/Greenbelt, Mountain(s)
Patio
ViewPark/Greenbelt, Mountain(s)

About this home

Location, Location, Location! Welcome to this stunning Toll Brothers home in the Meadows community! This 3-story residence offers 5 bedrooms, 5 bathrooms, and 3,173 square feet of luxurious, modern living space designed for comfort and style. Key Features: Private Setting: No neighbors in front or behind, with views of a community park. Enjoy a spacious backyard perfect for outdoor events and relaxation. Open Design: Three levels of living space with 20-foot high ceilings, large windows, and upgraded stacking glass doors that blend indoor and outdoor living seamlessly. Gourmet Kitchen: High-end Jenn-Air appliances, quartz countertops, and a center island ideal for cooking and entertaining. $200K+ in Upgrades: Premium flooring, designer finishes, and smart home features add luxury and convenience throughout. Cozy Gathering Room: 20-foot ceilings and a modern fireplace create a warm, inviting atmosphere for family and guests. Energy-Efficient: Fully paid 14 solar panels reduce energy costs while providing eco-friendly power. Luxurious Master Suite: A private retreat featuring a spa-like ensuite with dual vanities, a freestanding tub, and a spacious walk-in closet. Versatile Bedrooms & Bathrooms: Five spacious bedrooms, each with en-suite options—ideal for families and guests. Expansive Third-Floor Loft: Huge loft with built-in surround sound makes this space perfect for movie nights or music. Step outside to a large patio with scenic sunset views. Exceptional Amenities: A luxury clubhouse, 2 resort-style pools, spas, 2 large community parks, 5 neighborhood parks, 2 dog parks, and scenic trails, Pickleball court, basketball court, beach volleyball and more. Prime Location: Just blocks from City Sports Park, shopping plazas, and schools. Only 15 minutes to Irvine Spectrum, 10 minutes to El Toro Golf Course, and 10 minutes to the Great Park. Plus, low HOA fees and no Mello-Roos! This is a rare opportunity to own a private, upgraded home in one of Lake Forest’s most desirable neighborhoods. Don’t miss out on this stunning luxury retreat—your dream home is waiting!

Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (189 Listings)
Beds54
81%
Baths53
89%
Square foot3,1732,136
91%
Lot Size4,1975,580
21%
Price$2.4M$1.33M
94%
Price per square foot$756$683
68%
Built year20239885989
99%
HOA$249
13%
Days on market236170
89%
Condition Rating
Excellent

The property was built in 2023 and features a gourmet kitchen with high-end Jenn-Air appliances and quartz countertops, and luxurious bathrooms. The images confirm the modern design and high-quality finishes throughout the house, indicating that it is in excellent condition.
Pros & Cons

Pros

New Construction: Built in 2023, the property offers modern construction and updated features, minimizing potential maintenance issues.
Extensive Upgrades: Over $200K in upgrades, including premium flooring, designer finishes, and smart home features, enhance the property's luxury and convenience.
Solar Panels: Fully paid 14 solar panels provide eco-friendly power and reduce energy costs, adding long-term value.
Community Amenities: Access to a luxury clubhouse, resort-style pools, parks, dog parks, scenic trails, and sports courts offers a desirable lifestyle.
Prime Location: Located near City Sports Park, shopping plazas, schools, Irvine Spectrum, El Toro Golf Course, and the Great Park, providing convenient access to amenities and attractions.

Cons

Price Reduction: The property has experienced a price reduction from its original list price, which may indicate challenges in the current market or perceived overpricing initially.
HOA Fees: While described as low, the HOA fees of $249.00 per month add to the overall cost of ownership.
Small Lot Size: The lot size of 4,197 sqft is relatively small, which might limit outdoor space and privacy compared to other properties in the area.

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