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24252 Palmek Circle, Lake Forest, California 92630, Lake Forest, - bed, bath

home-pic
ACTIVE$1,249,000
24252 Palmek Circle, Lake Forest, California 92630
4Beds
4Baths
1,848Sqft
8,840Lot
Year Built
1965
Close
-
List price
$1.25M
Original List price
$1.25M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25140223
Home ConditionExcellent
Features
Deck
Pool
Spa
Patio
View-

About this home

Move-In Ready Lake Forest Oasis – Prime Location with Resort-Style Backyard! Welcome to your dream home in the heart of Lake Forest, ideally located with convenient access to both the 405 and 5 freeways. This beautifully remodeled single-family residence features 4 spacious bedrooms—3 on the main level, plus a luxurious upstairs primary suite with a private retreat. Perfect for multigenerational living or visiting guests, one of the downstairs bedrooms includes its own en suite bathroom. The entire home has been thoughtfully upgraded with modern finishes and high-end touches, making it completely move-in ready. Step into your private backyard paradise—an entertainer’s dream! Enjoy a stunning resort-style waterfall pool with slide, an outdoor BBQ kitchen under a custom-built gazebo, and a 600 sqft covered balcony complete with ceiling fans, ping pong area, and a cozy outdoor fireplace. Whether you're hosting or relaxing, this incredible outdoor space offers year-round enjoyment. ?? Recent official appraisal is over 1.3M – available upon request! This is a true bargain for a turn-key, upgraded home in one of Lake Forest's most desirable neighborhoods. Don't miss this rare opportunity—schedule your private showing today!

Price History

Date
Event
Price
10/31/25
Price Change
$1,230,000-1.5%
10/09/25
Price Change
$1,249,000-0.9%
09/23/25
Price Change
$1,260,000-1.9%
08/13/25
Listing
$1,285,000
Neighborhood Comparison
 SubjectAverage HomeNeighbourhood Ranking (189 Listings)
Beds44
50%
Baths43
82%
Square foot1,8482,136
35%
Lot Size8,8405,590
92%
Price$1.25M$1.32M
39%
Price per square foot$676$683
48%
Built year19659885989
6%
HOA
Days on market132168
32%
Condition Rating
Excellent
Despite being built in 1965, the property has been 'fully remodeled' as stated in the description, which is strongly supported by the images. The kitchen features modern dark wood cabinetry, stainless steel appliances, a contemporary mosaic tile backsplash, and light countertops. Bathrooms are also extensively updated with modern vanities, tiled showers, and current fixtures. The entire interior boasts consistent wood-look tile and laminate flooring, recessed lighting, and clean, updated finishes, indicating a recent renovation that meets current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8840, living area = 1848.
Extensive Remodel & Move-in Ready: The property is described as a 'fully remodeled Lake Forest oasis' and 'move-in ready home,' indicating significant updates and immediate habitability without further investment.
Resort-Style Outdoor Amenities: Features a stunning waterfall salt-pool with slide, outdoor BBQ kitchen, gazebo, and a covered 600 sqft balcony with a fireplace and ping pong area, offering exceptional entertainment and relaxation opportunities.
No Homeowners Association (HOA): The absence of an HOA provides financial savings on monthly dues and greater freedom from community regulations, enhancing appeal to many buyers.
Flexible Floor Plan: With 4 bedrooms, including 3 on the main floor and a luxurious upstairs primary suite with a private retreat, the layout offers versatility for various living arrangements or multi-generational needs.
Aggressive Pricing & Value Proposition: Recently appraised at $1,325,000 and now priced below market for a quick sale at $1,230,000, presenting a strong value proposition and potential for immediate equity.

Cons

Property Age: Built in 1965, despite being fully remodeled, the underlying structure and some systems may still be original, potentially leading to unforeseen maintenance or upgrade costs in the long term.
Lack of Specific View: The property explicitly states 'view: None,' which could be a drawback for buyers prioritizing scenic vistas, especially in a desirable Southern California location.
Multiple Price Reductions: The listing history shows several price reductions from the original $1.285M to the current $1.23M, which, while framed as a quick sale strategy, might raise questions for potential buyers regarding initial overpricing or market demand.

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