647 Pelion, Lake Forest, California 92630, Lake Forest, - bed, bath

home-pic
ACTIVE$2,285,000
647 Pelion, Lake Forest, California 92630
5Beds
4Baths
2,676Sqft
3,532Lot
Year Built
2022
Close
-
List price
$2.29M
Original List price
$2.45M
Price/Sqft
-
HOA
$213
Days on market
-
Sold On
-
MLS number
OC25190540
Home ConditionExcellent
Features
Excellent View: Canyon, Hills
Deck
Patio
ViewCanyon, Hills

About this home

HUGE PRICE ADJUSTMENT! OPPORTUNITY TO LIVE IN AN OPEN VIEW HOME. Located on the premium lot in the planned Serrano Summit Community, this beauty offers UNOBSTRUCTED VIEW and OPENNESS. Built in 2022 by Lennar with open concept floor plan featuring expansive multifunctional space suitable for modern lifestyles. With 5BR 4BA (1BR 1BA on first floor) 2-car garage with full size driveway along with desired amenities like wide plank laminate wood floor thru out, custom layered sheer and solid fabric banded window shades and drapes thru out, dual tone paint thru out, Quartz countertops, large kitchen island, GE Profile & Monogram appliances including built in refrigerator, professional gas rangetop, custom hood, and etc will further enhance your everyday life. Low maintenance backyard is simple and minimalistic focused more on the special characteristics of the lot enjoying the openness without additional stress of maintaining the yard. This uninterrupted view seamlessly connects the sense of openness from the interior to the exterior creating the desired sanctuary. HOA amenities feature “the serrano club” offering pool and spa with pano-view, bbq & picnic area, club house facility, and much more, and the community park is also few blocks away providing bbq & picnic area, basketball courts, tod lot, and much more. Lake Forest Community Police Cener and Civil Center located next to the community adds extra sense of security, and Foothill Ranch Towne Centre with anchor stores, shops, eateries, and more is conveniently about 10 minutes driving distance. With LOW HOA ($213/mo) and apprx 1.08% LOW PROPERTY TAX will make your pocket happy. But most importantly, you won’t find much home with this unobstructed openness in this price range.

Price History

Date
Event
Price
09/17/25
Price Change
$2,285,000-6.7%
08/22/25
Listing
$2,450,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (189 Listings)
Beds54
81%
Baths43
82%
Square foot2,6762,136
81%
Lot Size3,5325,580
8%
Price$2.29M$1.33M
92%
Price per square foot$854$683
87%
Built year20229885989
96%
HOA$213
9%
Days on market75169
9%
Condition Rating
Excellent

This property was built in 2022, making it a virtually new construction. The description and images confirm a modern, open-concept design with high-end finishes throughout. The kitchen features white shaker cabinets, Quartz countertops, a large island, and premium GE Profile & Monogram stainless steel appliances, including a built-in refrigerator and professional gas rangetop. Bathrooms are equally modern with contemporary vanities, fixtures, glass shower enclosures, and tile work. Wide plank laminate wood flooring, recessed LED lighting, and custom window treatments further enhance the new and updated feel. There is no deferred maintenance, and all components meet current quality standards.
Pros & Cons

Pros

Unobstructed Views: Located on a premium lot, the property offers truly unobstructed views and a sense of openness, seamlessly connecting the interior to the exterior and creating a desired sanctuary.
New Construction & Modern Finishes: Built in 2022 by Lennar, the home features an open-concept floor plan with high-end amenities including wide plank laminate wood floors, custom window treatments, Quartz countertops, a large kitchen island, and GE Profile & Monogram appliances.
Exceptional Community Amenities: Residents benefit from 'the serrano club' with a pool, spa, pano-view, BBQ/picnic areas, clubhouse, and a nearby community park offering additional recreational facilities.
Favorable Financials: The property boasts a low HOA fee ($213/month) and an approximately 1.08% low property tax rate, contributing to more affordable homeownership costs.
Flexible Floor Plan: The home includes a desirable 5-bedroom, 4-bathroom layout with one bedroom and one full bathroom conveniently located on the first floor, ideal for guests, multi-generational living, or a home office.

Cons

Significant Price Reduction: The property has undergone a 'HUGE PRICE ADJUSTMENT' from its original list price, which may indicate initial overpricing or market resistance.
Small Lot Size: With a lot size of 3,532 sqft, the property offers limited outdoor space, which might not appeal to buyers seeking a larger yard for extensive landscaping, gardening, or recreation.
Minimalist Backyard: The backyard is described as 'simple and minimalistic' and 'low maintenance,' which, while a benefit for some, may lack the developed outdoor living features (e.g., large patio, built-in BBQ, elaborate garden) desired by other buyers.

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