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251 Brackens, Lake Forest, California 92630, Lake Forest, 92630 - 4 bed, 4 bath

251 Brackens, Lake Forest, California 92630 home-pic-0
ACTIVE$1,870,000
251 Brackens, Lake Forest, California 92630
4Beds
4Baths
2,439Sqft
3,663Lot

Price Vs. Estimate

The estimated value ($1,772,478.08) is $97,521.92 (5%) lower than the list price ($1,870,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New Toll Brothers Construction: A 2023 build by a reputable builder ensures modern design, quality craftsmanship, and minimal immediate maintenance for the new homeowner.
Top Cons:
Listed Above Estimated Value: The current listing price is 7% higher than the property's estimated market value, which may require justification or negotiation.

Compared to the nearby listings

Price:$1.87M vs avg $1.31M (+$560,000)84%
Size:2,439 sqft vs avg 2,130 sqft63%
Price/sqft:$767 vs avg $67576%

More Insights

Built in 2023 (2 years old).
Condition: This property is a brand new 2023 Toll Brothers home, meeting the 'excellent' criteria for being newly built. The description highlights a gourmet kitchen with premium Jenn-Air appliances, quartz countertops, and upgraded cabinetry, all confirmed by the pristine, modern appearance in the images. Bathrooms feature contemporary vanities, glass-enclosed showers with modern tiling, and new fixtures. The entire home boasts stylish interior finishes, new flooring (hardwood/laminate, carpet, tile), recessed lighting, and energy-efficient systems like solar panels and a tankless water heater. There is no deferred maintenance, and all components are new and high-quality.
Year Built
2023
Close
-
List price
$1.87M
Original List price
$1.88M
Price/Sqft
$767
HOA
$276
Days on market
-
Sold On
-
MLS number
WS25172009
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Welcome to 251 Brackens, a stunning 2023 Toll Brothers home in the desirable Meadows community of Lake Forest North. This modern 4 bed, 4 bath residence offers 2,439 sq ft of open living space with soaring two-story ceilings, abundant natural light, and a sleek linear fireplace. The gourmet kitchen features quartz countertops, upgraded cabinetry, and premium Jenn-Air appliances including a built-in fridge and six-burner cooktop. Energy-efficient upgrades include solar panels, tankless water heater, water softener, and enhanced insulation. Stylish interior finishes and an attached 2-car garage with 2 extra parking spaces complete the home. Enjoy resort-style amenities: two pools/spas, clubhouse, parks, playgrounds, and outdoor cooking areas. Close to shopping, dining, and major freeways, just 13 minutes to Great Park. A new supermarket and Costco opening nearby make this location even more convenient!

Condition Rating
Excellent
This property is a brand new 2023 Toll Brothers home, meeting the 'excellent' criteria for being newly built. The description highlights a gourmet kitchen with premium Jenn-Air appliances, quartz countertops, and upgraded cabinetry, all confirmed by the pristine, modern appearance in the images. Bathrooms feature contemporary vanities, glass-enclosed showers with modern tiling, and new fixtures. The entire home boasts stylish interior finishes, new flooring (hardwood/laminate, carpet, tile), recessed lighting, and energy-efficient systems like solar panels and a tankless water heater. There is no deferred maintenance, and all components are new and high-quality.
Pros & Cons

Pros

Brand New Toll Brothers Construction: A 2023 build by a reputable builder ensures modern design, quality craftsmanship, and minimal immediate maintenance for the new homeowner.
Gourmet Kitchen with Premium Appliances: The kitchen boasts high-end Jenn-Air appliances, quartz countertops, and upgraded cabinetry, offering a luxurious and functional culinary space.
Comprehensive Energy Efficiency: Equipped with solar panels, a tankless water heater, water softener, and enhanced insulation, contributing to lower utility costs and environmental benefits.
Exceptional Community Amenities: Residents enjoy resort-style facilities including two pools/spas, a clubhouse, parks, playgrounds, and outdoor cooking areas, enhancing lifestyle and recreation.
Highly Convenient Location: Proximity to shopping, dining, major freeways, Great Park, and upcoming retail developments (supermarket, Costco) offers significant convenience and future growth potential.

Cons

Listed Above Estimated Value: The current listing price is 7% higher than the property's estimated market value, which may require justification or negotiation.
Relatively Small Lot Size: With a lot size of 3,663 sq ft for a 2,439 sq ft home, the outdoor space may be limited for buyers desiring a larger yard or extensive landscaping.
Monthly Association Fees: A monthly association fee of $276 adds to the ongoing cost of homeownership, which could be a consideration for budget-conscious buyers.

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