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21466 Cypresswood, Lake Forest, CA 92630

$875K3bd · 3ba · 1,526 sqft
Lot 0 sqft•HOA $436/mo•Condominium•
Active
•13d on market•MLS# OC-26206939

Property Description

Motivated Seller! Buyer concessions may be available toward closing costs or a rate buy-down. Ask about lender incentives for additional savings. Beautifully upgraded and move-in ready, this Serrano Highlands home in Lake Forest offers a thoughtfully enhanced interior with stylish finishes and modern conveniences throughout. A welcoming wainscoted entry sets the tone, leading into bright living spaces accented by neutral designer paint, premium laminate flooring, upgraded wood stairs with stained treads, dual-pane windows, recessed LED lighting, and updated ceiling fans. The remodeled kitchen is both sophisticated and functional, featuring custom wood soft-close cabinetry, granite countertops, a ceramic farmhouse sink, commercial LED faucet, and stainless-steel appliances, including a double-oven range, metal hood, and ultra-quiet Bosch dishwasher. The refreshed bathrooms continue the home’s elevated design, while the spacious primary suite offers a custom walk-in closet system and beautifully appointed ensuite bath with a Carrara marble double vanity, Kohler fixtures, and custom-tiled shower with built-in seating and frameless glass. Additional improvements include a whole-home PEX re-pipe, high-efficiency water heater, and pull-down attic storage for added functionality. Outside, drought-tolerant landscaping creates a polished, low-maintenance setting. With extensive upgrades, quality finishes, and thoughtful improvements throughout, this Lake Forest residence offers a turnkey opportunity in the desirable Serrano Highlands community.

Features & Amenities

FeeBuilt 1983

Property Details

Land Type
Fee
Year Built
1983
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
3
Garage Spaces
2
Heating
Central, Fireplace(s), High Efficiency
Cooling
Central Air, Electric, ENERGY STAR Qualified Equipment, Wall/Window Unit(s)
View
Park/Greenbelt, Trees/Woods
Flooring
Laminate
Roof
Shingle, Composition
City
Lake Forest
Zip Code
92630
County
Orange
Listed byUnknown Office, Brian Morales

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,424.48
Principal & Interest
Loan Amount
$700,000
Total Interest
$892,811
Total Payment Over 30 Years
$1,592,811
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

Residential Tier · 5 active · 5 closed

21466 Cypresswood, Lake Forest, CA 92630

Lake Forest · Condominium

$875K
Residential Tier
Beds
3
Baths
3
Sqft
1,526
Lot
0 sqft
Year
1983
$/Sqft
$573
Pool: Yes✓
Spa: Yes✓
View: Park/Greenbelt, Trees/Woods✓
Garage: 2-car✓

Listed 17.4% above the median closed sale of $745,000. Closed comps sold at 101% of list — strong seller's market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $875K· $573/sqft
Total list price
Closed comps
vs closed median $745K
+$130K (+17.4%)
Active comps
vs active median $750K
+$125K (+16.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $559
+$14 (+2.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
25226 Calle MadridLake Forest1986331,52775,517$547$835,000399
19431 Rue De ValoreLake Forest1990331,56417,404$527$825,0007994
28392 Klondike DriveLake Forest1990331,2560$597$750,0006388
26337 W Grove CirLake Forest1986231,2420$580$719,9001987
26357 Grove CircleLake Forest1986231,242234,236$543$675,0002187
Total: 5 · Average2.63.01,366.2109,052.333$558.8$760,98037
Median1,256$750,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
25282 Vista HermosaLake Forest198607/21/2026331,527112,868$799,000$800,000$5241.004297
26347 Spring Creek CircleLake Forest198409/03/2026331,3510$698,000$710,000$5261.024894
21051 JennerLake Forest198510/01/2026321,35667,475$750,000$755,000$5571.014191
26364 Spring Creek CircleLake Forest198408/11/2026231,263185,615$725,000$745,000$5901.032488
26338 GroveLake Forest198609/21/2026231,242234,236$700,000$700,000$5641.002987
Total: 5 · Average2.62.81,347.8150,048.5$742,000$742,000$552.2—36.8
Median1,351$745,000$745,000

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.