Pretty greenbelts throughout the community
1 / 9

29012 Canyon Ridge, 120, Lake Forest, CA 92679

$495K1bd · 1ba · 632 sqft
Lot 113,556 sqft•HOA $570/mo•Condominium•
Active
•20d on market•MLS# OC-26208502

Property Description

NEW PRICE -- $40,000 REDUCTION! A Portola Hills gem with one of the largest enclosed patios in the area! This beautifully and very recently remodeled, true single-level home offers ZERO STAIRS and exceptional privacy. The interior has been freshly painted and features brand new, on-trend flooring. Enjoy $25,000 in newly installed Andersen sliding glass doors with SmartSun glass, bringing in natural light while adding modern style and efficiency. A new Andersen garage fire door is another thoughtful upgrade. And guess what? The attached garage offers an especially practical bonus: dedicated space for storage plus an almost-new washer and dryer, while still leaving plenty of room for your car. Guest parking is also a breeze, conveniently located near the home. Step outside to the expansive patio -- an exceptional private space for relaxing, entertaining, gardening, or simply enjoying the peaceful greenbelt view. This is a special home that rarely comes on the market.

Features & Amenities

FeeBuilt 1986

Property Details

Land Type
Fee
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Cooling
Central Air
View
Park/Greenbelt
Flooring
Laminate
Roof
Tile
City
Lake Forest
Zip Code
92679
County
Orange
Listed byUnknown Office, Kim Hegeduis

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,502.99
Principal & Interest
Loan Amount
$396,000
Total Interest
$505,076
Total Payment Over 30 Years
$901,076
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

29012 Canyon Ridge, 120, Lake Forest, CA 92679

Lake Forest · Condominium

$495K
Affordable Tier
Beds
1
Baths
1
Sqft
632
Lot
2.61 ac
Year
1986
$/Sqft
$783
Pool: Yes✓
View: Park/Greenbelt✓
Garage: 1-car✓

Listed 19.3% above the median closed sale of $415,000. Price per sqft ($783) is a 31% premium to closed comps ($596).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $495K· $783/sqft
Total list price
Closed comps
vs closed median $415K
+$80K (+19.3%)
Active comps
vs active median $400K
+$95K (+23.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $602
+$181 (+30.0%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
25652 RIMGATE DRLake Forest1981116250$704$440,000595
25685 Sycamore PointeLake Forest1982116250$672$420,00018493
25717 Sycamore PointeLake Forest198311625209,044$574$359,0004890
20702 El ToroLake Forest198211686344,910$554$380,0001089
21128 GladiolosLake Forest19891178981,700$507$399,999489
Total: 5 · Average1.01.0670211,884.667$602.2$399,799.850.2
Median625$399,999

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
20702 El Toro RoadLake Forest198205/26/2026116860$419,888$415,000$6050.995093
23252 OrangeLake Forest198009/29/2026116850$325,000$318,000$4640.9815392
20702 El Toro RdLake Forest198309/17/202611710257,265$419,900$412,500$5810.989488
20702 El ToroLake Forest198306/03/202611686257,265$415,000$417,000$6081.002987
25652 RimgateLake Forest198106/16/202611625267,646$450,000$450,000$7201.004687
Total: 5 · Average1.01.0678.4260,725.333$402,500$402,500$595.6—74.4
Median686$415,000$415,000

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.