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56 Tessera Avenue, Lake Forest, California 92610, Lake Forest, 92610 - 5 bed, 3 bath

56 Tessera Avenue, Lake Forest, California 92610 home-pic-0
ACTIVE$1,694,000
56 Tessera Avenue, Lake Forest, California 92610
5Beds
3Baths
2,630Sqft
5,555Lot

Price Vs. Estimate

The estimated value ($1,694,000) is $0 (0%) lower than the list price ($1,694,000). This property may be overpriced.

Key pros and cons

Top Pros:
Great Schools: Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Top Cons:
Significant Price Reductions: Multiple price reductions from the original list price indicate potential market resistance or initial overpricing.

Compared to the nearby listings

Price:$1.69M vs avg $1.45M (+$246,000)75%
Size:2,630 sqft vs avg 2,407.5 sqft64%
Price/sqft:$644 vs avg $63064%

More Insights

Built in 1994 (31 years old).
Condition: Despite being built in 1994, the property has undergone a 'gorgeously remodeled' transformation, as stated in the description and evidenced by the images. The bathrooms are extensively renovated with modern vanities, fixtures, tiles, and lighting, appearing virtually new. The entire interior features new, light wood-look flooring, contemporary light fixtures, and a modern glass railing staircase. The overall aesthetic is fresh, current, and high-quality, indicating an extensive renovation within the last 5 years. All visible components meet current quality standards with no signs of wear or deferred maintenance.
Year Built
1994
Close
-
List price
$1.69M
Original List price
$1.88M
Price/Sqft
$644
HOA
$104
Days on market
-
Sold On
-
MLS number
OC25079792
Home ConditionExcellent
Features
Good View: Hills, Mountain(s)
Pool
Spa
Patio
ViewHills, Mountain(s)

About this home

Connecting with the nature and embracing the Southern California Living style in this gorgeously remodeled dream pool home. This exceptional home features a spectacular pool, spa, and panoramic views in the tranquil hillside community of Foothill Ranch. It boasts five bedrooms, three full baths and a loft upstairs. A guest bedroom and full bath conveniently located at the first level, ideal for guests or multi-generational living. As you step inside, you will be greeted by the 25 ft high vaulted ceilings in the formal living room flooding the space with natural light. The contemporary glass railing staircase brings timeless architecture to the home. It is conveniently located near the shopping center, restaurants, parks, the 241 Toll Road, and Whiting Ranch Wilderness Park with fantastic hiking and mountain biking trails. Come to see it and make this dream home yours before its gone :)

Nearby schools

7/10
Foothill Ranch Elementary School
Public,•K-6•0.8mi
9/10
Portola Springs Elementary
Public,•K-6•3.6mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•4.7mi
9/10
Jeffrey Trail Middle
Public,•7-8•6.5mi
8/10
Trabuco Hills High School
Public,•9-12•2.5mi
9/10
Northwood High School
Public,•9-12•6.4mi
Condition Rating
Excellent
Despite being built in 1994, the property has undergone a 'gorgeously remodeled' transformation, as stated in the description and evidenced by the images. The bathrooms are extensively renovated with modern vanities, fixtures, tiles, and lighting, appearing virtually new. The entire interior features new, light wood-look flooring, contemporary light fixtures, and a modern glass railing staircase. The overall aesthetic is fresh, current, and high-quality, indicating an extensive renovation within the last 5 years. All visible components meet current quality standards with no signs of wear or deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Portola Springs Elementary (9/10). Middle School: Jeffrey Trail Middle (9/10). High School: Northwood High School (9/10).
Panoramic Views: The property offers spectacular panoramic views from its tranquil hillside community location.
Modern Remodel & Design: Features a gorgeously remodeled interior with 25 ft high vaulted ceilings and a contemporary glass railing staircase, enhancing natural light and modern aesthetics.
Private Pool & Spa: Includes a spectacular private pool and spa, ideal for Southern California living and entertaining.
Flexible Floor Plan: Offers a versatile layout with five bedrooms, three full baths, a loft, and a convenient guest bedroom with a full bath on the first level for multi-generational living.
Desirable Location & Amenities: Conveniently located near shopping centers, restaurants, parks, the 241 Toll Road, and outdoor recreational areas like Whiting Ranch Wilderness Park.

Cons

Significant Price Reductions: Multiple price reductions from the original list price indicate potential market resistance or initial overpricing.
Ongoing Association Fees: The property is subject to a monthly association fee of $104.0, adding to the recurring costs of homeownership.
Unspecified Cooling System: The property description does not explicitly mention a modern cooling system, which could be a concern during hot Southern California summers.

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