302 Limestone, Lake Forest, California 92610, Lake Forest, - bed, bath

home-pic
ACTIVE$795,000
302 Limestone, Lake Forest, California 92610
2Beds
3Baths
1,324Sqft
611,236Lot
Year Built
2019
Close
-
List price
$795K
Original List price
$795K
Price/Sqft
-
HOA
$303.14
Days on market
-
Sold On
-
MLS number
SR25227122
Home ConditionExcellent
Features
Deck
View-

About this home

Located in the gated resort-style community of IronRidge, and featuring 2 bedrooms and 2.5 bathrooms, this stylish residence has everything the modern day buyer is looking for! With direct access from the spacious two-car garage, the light and bright living area provides the perfect space for entertaining guests and supporting your daily routine. This open-concept space includes a gourmet kitchen with a stylish tile backsplash, quartz countertops, center island, stainless steel appliances, and beautiful gray shaker-style cabinets. The charming sun filled balcony on the main floor is perfect for a morning cup of coffee or afternoon cocktail! Upstairs you will find two light-filled spacious bedrooms, with ceiling fans, and two beautiful bathrooms, plus a conveniently located laundry area with Samsung stackable washer and dryer. Additional home features include a QuietCool whole house fan and an energy-efficient tankless water heater. Enjoy the benefits of the attached spacious 2-car garage with extra storage space, including a large storage rack above the garage door. Exclusive resort-style IronRidge amenities include parks, swimming pools, clubhouse, multiple picnic areas, playgrounds, walking and hiking trails and more. This home is also conveniently located near award-winning schools, Foothill Town Center, and Whiting Ranch Wilderness Park. Easy access to freeways and toll roads. Some virtual staging. Need code for gate entrance. NO MELL0-ROOS

Price History

Date
Event
Price
09/29/25
Listing
$795,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (8 Listings)
Beds23
44%
Baths33
50%
Square foot1,3241,345
44%
Lot Size611,23621,192
67%
Price$795K$800K
44%
Price per square foot$600$607
44%
Built year20191994
89%
HOA$303.14$297
78%
Days on market37168
11%
Condition Rating
Excellent

This property was built in 2019, making it only 5 years old, which falls squarely within the 'newly built' criteria for an excellent rating. The kitchen features modern gray shaker-style cabinets, quartz countertops, a stylish tile backsplash, and stainless steel appliances, all appearing virtually new. The description highlights 'beautiful bathrooms' and images show modern recessed lighting, new carpeting, and tile flooring. Energy-efficient systems like a QuietCool whole house fan and tankless water heater further underscore its modern, high-quality condition. There is no indication of deferred maintenance or physical depreciation, aligning perfectly with an 'excellent' rating.
Pros & Cons

Pros

Modern Construction & Upgrades: Built in 2019, this residence boasts a gourmet kitchen with quartz countertops, stainless steel appliances, and an open-concept layout, appealing to contemporary tastes.
Exclusive Resort-Style Amenities: Located within the gated IronRidge community, residents enjoy extensive amenities including swimming pools, a clubhouse, parks, and walking/hiking trails, enhancing lifestyle and value.
Energy Efficiency & Comfort: Equipped with a QuietCool whole house fan and a tankless water heater, the home offers modern energy-saving features and improved indoor comfort.
No Mello-Roos: A significant financial advantage for buyers, as the absence of Mello-Roos taxes substantially reduces the overall monthly cost of homeownership.
Convenient & Accessible Location: Strategically located near award-winning schools, Foothill Town Center, Whiting Ranch Wilderness Park, and major freeways/toll roads for easy commuting and access to services.

Cons

Compact Living Area: With 1324 sqft and 2 bedrooms, the property offers limited interior space, which may be a constraint for buyers seeking larger living areas or additional bedrooms.
Ongoing Association Fees: The monthly association fee of $303.14 adds a recurring cost to homeownership, which potential buyers must factor into their budget.
Townhouse Configuration & Lack of Views: As a townhouse, it typically involves shared walls and less privacy than a detached home, and the property explicitly states 'No View,' which could be a drawback for some.

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