24252 Palmek Circle, Lake Forest, California 92630, Lake Forest, - bed, bath
ACTIVE$1,230,000
24252 Palmek Circle, Lake Forest, California 92630
4Beds
4Baths
1,848Sqft
8,840Lot
Year Built
1965
Close
-
List price
$1.23M
Original List price
$1.28M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
OC25182771
Home ConditionExcellent
Features
Deck
Pool
Patio
View-
About this home
Lake Forest Hot Deal – Resort Living, No HOA! Unbeatable price for this fully remodeled Lake Forest oasis! Featuring 4 bedrooms (3 on the main floor) and a luxurious upstairs primary suite with private retreat, this home offers flexibility and comfort for any lifestyle. Step into your own resort: a stunning waterfall salt-pool with slide, outdoor BBQ kitchen, gazebo, covered 600 sqft balcony with fireplace and ping pong area—perfect for entertaining or relaxing year-round. Recently appraised at $1,325,000 — now priced below market for a quick sale! Don’t miss this rare, move-in ready home with no HOA, endless possibilities, and the best value in Lake Forest. Schedule your private tour before it’s gone!
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
| Subject | Average Home | Neighbourhood Ranking (189 Listings) | |
|---|---|---|---|
| Beds | 4 | 4 | 50% |
| Baths | 4 | 3 | 82% |
| Square foot | 1,848 | 2,136 | 35% |
| Lot Size | 8,840 | 5,590 | 92% |
| Price | $1.23M | $1.32M | 36% |
| Price per square foot | $666 | $683 | 43% |
| Built year | 1965 | 9885989 | 6% |
| HOA | |||
| Days on market | 83 | 168 | 14% |
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.