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20702 El Toro Road, 393, Lake Forest, CA 92630

$395K1bd · 1ba · 686 sqft
Lot 257,265 sqft•HOA $505.54/mo•Condominium•
Active
•58d on market•MLS# OC-26176576

Property Description

Deal Fell Out – Their Loss, Your Gain! Welcome to this beautifully updated lower level 1 bedroom, 1 bath condo with Garage located in the highly sought-after Pheasant Creek community of Lake Forest. Offering 686 sq. ft. of comfortable living space, that blends affordability, style, and resort-style amenities in a peaceful natural setting. Step inside to an open-concept floor plan that seamlessly connects the living and dining areas, creating a bright and inviting atmosphere. The spacious bedroom includes a walk-in closet, while the upgraded bathroom showcases stylish finishes and quality fixtures. Enjoy your own private front patio surrounded by lush landscaping and the tranquil sounds of streams flowing throughout the community. Residents of Pheasant Creek enjoy exceptional amenities including multiple pools and spas, tennis courts, and scenic walking paths. The home also includes a full-size washer and dryer, enclosed garage, and one additional parking space. HOA dues cover water, trash, and exterior maintenance, making for an easy, low-maintenance lifestyle.This FHA-approved community is conveniently located near parks, shopping, dining, and offers easy access to major freeways and toll roads.

Features & Amenities

FeeBuilt 1983

Property Details

Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
1
Cooling
See Remarks
View
Park/Greenbelt
City
Lake Forest
Zip Code
92630
County
Orange
Listed byOCProperties, Eric Reichert

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,997.33
Principal & Interest
Loan Amount
$316,000
Total Interest
$403,041
Total Payment Over 30 Years
$719,041
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

20702 El Toro Road, 393, Lake Forest, CA 92630

Lake Forest · Condominium

$395K
Affordable Tier
Beds
1
Baths
1
Sqft
686
Lot
5.91 ac
Year
1983
$/Sqft
$576
Pool: Yes✓
Spa: Yes✓
View: Park/Greenbelt✓
Garage: 1-car✓

Listed 4.2% below the median closed sale of $412,500. Expect a longer timeline — comps averaged 133 days on market.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $395K· $576/sqft
Total list price
Closed comps
vs closed median $413K
−$18K (−4.2%)
Active comps
vs active median $430K
−$35K (−8.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $611
−$35 (−5.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
20702 El ToroLake Forest198211686344,910$554$380,000997
20702 El Toro RdLake Forest198211710362,186$605$429,9002495
25671 Le ParcLake Forest198211686190,827$649$445,0005495
25761 Le ParcLake Forest198311733201,893$544$399,0008695
25652 RIMGATE DRLake Forest1981116250$704$440,000494
Total: 5 · Average1.01.0688274,954$611.2$418,78035.4
Median686$429,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
20702 El Toro RdLake Forest198309/17/202611710257,265$419,900$412,500$5810.989498
23252 OrangeLake Forest198009/29/2026116850$325,000$318,000$4640.9815396
20702 El ToroLake Forest198006/16/202611686362,186$415,000$419,000$6111.014794
25652 RimgateLake Forest198106/16/202611625267,646$450,000$450,000$7201.004692
23216 Orange AvenueLake Forest198006/18/202611685870,887$420,000$355,000$5180.8432688
Total: 5 · Average1.01.0678.2439,496$390,900$390,900$578.8—133.2
Median685$412,500$412,500

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.