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26058 Serrano Court 87, Lake Forest, California 92630, Lake Forest, 92630 - 3 bed, 2 bath

26058 Serrano Court 87, Lake Forest, California 92630 home-pic-0
ACTIVE$634,900
26058 Serrano Court 87, Lake Forest, California 92630
3Beds
2Baths
1,187Sqft
326,360Lot

Price Vs. Estimate

The estimated value ($659,900) is $25,000 (3%) higher than the list price ($634,900). This property may be underpriced.

Key pros and cons

Top Pros:
Extensive Renovations: The condo is 'beautifully renovated and move-in ready' with high-quality upgrades like custom thick white oak wood flooring, dual-pane windows, fresh paint, and vaulted ceilings, offering a modern and appealing interior.
Top Cons:
High HOA Dues: The 'Association Fee: $495.0' is a substantial monthly expense that adds significantly to the overall cost of ownership.

Compared to the nearby listings

Price:$634.9K vs avg $615.0K (+$19,900)59%
Size:1,187 sqft vs avg 1,022 sqft64%
Price/sqft:$535 vs avg $60215%

More Insights

Built in 1982 (43 years old).
Condition: This condo, built in 1982, has undergone significant recent renovations, including new custom thick white oak wood flooring, dual-pane windows, a newer Hydronic HVAC system, and fresh interior paint, making it largely move-in ready. The main living areas present a modern and well-maintained appearance. However, the kitchen, while having updated cabinets and a modern refrigerator, still features dated laminate countertops, a standard double-basin sink, a basic range, and an outdated fluorescent box light. The visible bathroom vanity also appears basic. These elements prevent it from achieving an 'Excellent' rating, but the extensive updates to major systems and finishes qualify it as 'Good'.
Year Built
1982
Close
-
List price
$635K
Original List price
$660K
Price/Sqft
$535
HOA
$495
Days on market
-
Sold On
-
MLS number
NP25178238
Home ConditionGood
Features
Deck
View-

About this home

Rare Opportunity in Serrano Creek Villas! Welcome to this rarely available 3-bedroom, 2-bath upper-level condo, beautifully renovated and move-in ready. The home features rich, custom thick white oak wood flooring, dual-pane windows throughout, and a newer Hydronic HVAC system for year-round comfort. Fresh interior paint and soaring vaulted ceilings create a bright, open, balcony just renovated by HOA and airy atmosphere. The Serrano Creek Villas community offers resort-style amenities, including a sparkling pool, relaxing spa, clubhouse, and ample guest parking. HOA dues include water and trash service. Parking is a breeze with your own assigned covered carport. Ideally located just minutes from Whiting Ranch Wilderness Park, shopping, dining, entertainment, and quick 241 freeway access. Don’t miss your chance to own this exceptional home in one of the area’s most sought-after communities! Community is Fannie, FHA & VA approved.

Nearby schools

5/10
Lake Forest Elementary School
Public,•K-6•1.0mi
Condition Rating
Good
This condo, built in 1982, has undergone significant recent renovations, including new custom thick white oak wood flooring, dual-pane windows, a newer Hydronic HVAC system, and fresh interior paint, making it largely move-in ready. The main living areas present a modern and well-maintained appearance. However, the kitchen, while having updated cabinets and a modern refrigerator, still features dated laminate countertops, a standard double-basin sink, a basic range, and an outdated fluorescent box light. The visible bathroom vanity also appears basic. These elements prevent it from achieving an 'Excellent' rating, but the extensive updates to major systems and finishes qualify it as 'Good'.
Pros & Cons

Pros

Extensive Renovations: The condo is 'beautifully renovated and move-in ready' with high-quality upgrades like custom thick white oak wood flooring, dual-pane windows, fresh paint, and vaulted ceilings, offering a modern and appealing interior.
Resort-Style Community Amenities: Residents benefit from 'resort-style amenities' including a sparkling pool, relaxing spa, clubhouse, and ample guest parking, enhancing lifestyle and property value.
Strategic Location: Positioned 'just minutes from Whiting Ranch Wilderness Park, shopping, dining, entertainment, and quick 241 freeway access,' providing convenience and recreational opportunities.
Favorable Financing & HOA Inclusions: The community is 'Fannie, FHA & VA approved,' broadening buyer eligibility, and HOA dues cover water, trash, and a recently renovated balcony, reducing out-of-pocket expenses.
Modern Comfort Systems: Features a 'newer Hydronic HVAC system for year-round comfort' and dual-pane windows, ensuring energy efficiency and a comfortable living environment.

Cons

High HOA Dues: The 'Association Fee: $495.0' is a substantial monthly expense that adds significantly to the overall cost of ownership.
Building Age: Built in 1982, the building is over 40 years old, which, despite unit renovations, could imply potential for future common area maintenance or special assessments.
Multiple Price Reductions: The property has undergone several price reductions since its initial listing, which may suggest a perceived overvaluation or difficulty attracting buyers at previous price points.

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