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20702 El Toro, 283, Lake Forest, CA 92630

$399K1bd · 1ba · 686 sqft
Lot 362,186 sqft•HOA $505.54/mo•Condominium•
Active
•103d on market•MLS# OC-26142434

Property Description

Welcome to Pheasant Creek, where peaceful, tree-lined surroundings meet everyday convenience in the heart of Lake Forest. This beautifully renovated lower-level one-bedroom, one-bath condo offers the kind of easy, turnkey living buyers hope to find—no stairs, a private patio, covered carport PARKING, LAUNDRY, and thoughtful STORAGE throughout. Inside, this newly renovated home feels fresh, functional, and move-in ready with warm flooring, recessed lighting, neutral paint, an updated kitchen, stainless steel appliances, quartz countertops, a large undermount sink, and a clever built-in pantry/spice cabinet that makes the kitchen live larger than expected. The dining area opens naturally to the kitchen and living room, creating a comfortable layout for everyday meals, working from home, or hosting a friend for coffee. The spacious bedroom includes a walk-in closet, with additional built-in storage in the hall cabinet, kitchen pantry, and private side-by-side laundry closet on the patio, adding the kind of practical storage rarely found in a one-bedroom home. The full bathroom has been beautifully renovated with quartz counters, an undermount sink for easy cleaning, updated fixtures, tile flooring, and a tub/shower with classic subway tile and glass accent detail. The patio offers gentle morning light and shade later in the day—perfect for slow mornings, fresh air, or an evening unwind. Pheasant Creek is known for its peaceful natural setting with mature trees, streams, ducks, turtles, and walking paths throughout the community. Residents enjoy resort-style amenities including a pool, hot tub, tennis courts, a basketball court, and generous guest parking. HOA dues INCLUDE WATER, TRASH, and EXTERIOR MAINTENANCE, and the community is FHA LOAN APPROVED. Conveniently located near parks, shopping, dining, coffee, the Aliso Creek Bikeway, major freeways, and toll road access, this home blends comfort, style, affordability, and the relaxed lifestyle you're seeking.

Features & Amenities

FeeBuilt 1980

Property Details

Land Type
Fee
Year Built
1980
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
0
Cooling
Wall/Window Unit(s)
View
None
Flooring
Vinyl, Tile
City
Lake Forest
Zip Code
92630
County
Orange
Listed byRegency Real Estate Brokers, Andrea Cochran

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,017.56
Principal & Interest
Loan Amount
$319,200
Total Interest
$407,122
Total Payment Over 30 Years
$726,322
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, 283, Lake Forest, CA 92630

Lake Forest · Condominium

$399K
Affordable Tier
Beds
1
Baths
1
Sqft
686
Lot
8.31 ac
Year
1980
$/Sqft
$582
Pool: Yes✓
Spa: Yes✓
View: None✓

Listed 3.3% below the median closed sale of $412,500.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $399K· $582/sqft
Total list price
Closed comps
vs closed median $413K
−$14K (−3.3%)
Active comps
vs active median $440K
−$41K (−9.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $643
−$61 (−9.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
20702 El ToroLake Forest198211686344,910$554$380,000994
25652 RIMGATE DRLake Forest1981116250$704$440,000493
20702 El Toro RdLake Forest198211710362,186$605$429,9002393
25671 Le ParcLake Forest198211686190,827$649$445,0005492
25652 Rimgate DriveLake Forest198111625267,646$704$440,0004691
Total: 5 · Average1.01.0666.4291,392.25$643.2$426,98027.2
Median686$440,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
23252 OrangeLake Forest198009/29/2026116850$325,000$318,000$4640.9815396
20702 El ToroLake Forest198006/16/202611686362,186$415,000$419,000$6111.014793
20702 El Toro RdLake Forest198309/17/202611710257,265$419,900$412,500$5810.989491
20702 El Toro RdLake Forest198009/17/202611560344,910$380,000$380,000$6791.006790
25652 RimgateLake Forest198106/16/202611625267,646$450,000$450,000$7201.004690
Total: 5 · Average1.01.0653.2308,001.75$395,900$395,900$611—81.4
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.