This lovely Lake Forest community is now FHA Approved and has passed all SB 326 inspections!!!
Welcome to easy, low-maintenance living in the heart of Lake Forest! This beautifully updated ground-level 2-bedroom, 2-bath condominium offers the comfort and convenience today’s buyers are looking for—all with no interior or exterior stairs to navigate.
Inside, you’ll find 916 square feet of thoughtfully designed living space featuring Spanish tile flooring throughout, creating a warm, cohesive look that’s both stylish and easy to maintain. The updated kitchen serves as the heart of the home, offering modern finishes, ample cabinetry, and a functional layout that flows seamlessly into the dining and living areas, making everyday living and entertaining effortless.
The spacious primary suite provides a private retreat with an en-suite bathroom, while the second bedroom offers flexibility for guests, a home office, or hobbies. A second full bathroom adds convenience for family and visitors alike.
Enjoy the ease of having two dedicated parking spaces (one that is covered) and the value of an HOA that includes water, trash, and access to community amenities which include a sparkling pool, sauna and tennis courts, helping simplify monthly expenses while enhancing your lifestyle.
Whether you’re purchasing your first home, looking to downsize, or searching for a low-maintenance property in a convenient location, this home checks all the boxes. Ideally situated near shopping, dining, parks, and commuter routes, you’ll enjoy easy access to everything Lake Forest has to offer while coming home to a comfortable and inviting space.
Offered at $525,000, this move-in-ready residence combines thoughtful updates, practical features, and an exceptional location into one outstanding opportunity.
Welcome to easy, low-maintenance living in the heart of Lake Forest! This beautifully updated ground-level 2-bedroom, 2-bath condominium offers the comfort and convenience today’s buyers are looking for—all with no interior or exterior stairs to navigate.
Inside, you’ll find 916 square feet of thoughtfully designed living space featuring Spanish tile flooring throughout, creating a warm, cohesive look that’s both stylish and easy to maintain. The updated kitchen serves as the heart of the home, offering modern finishes, ample cabinetry, and a functional layout that flows seamlessly into the dining and living areas, making everyday living and entertaining effortless.
The spacious primary suite provides a private retreat with an en-suite bathroom, while the second bedroom offers flexibility for guests, a home office, or hobbies. A second full bathroom adds convenience for family and visitors alike.
Enjoy the ease of having two dedicated parking spaces (one that is covered) and the value of an HOA that includes water, trash, and access to community amenities which include a sparkling pool, sauna and tennis courts, helping simplify monthly expenses while enhancing your lifestyle.
Whether you’re purchasing your first home, looking to downsize, or searching for a low-maintenance property in a convenient location, this home checks all the boxes. Ideally situated near shopping, dining, parks, and commuter routes, you’ll enjoy easy access to everything Lake Forest has to offer while coming home to a comfortable and inviting space.
Offered at $525,000, this move-in-ready residence combines thoughtful updates, practical features, and an exceptional location into one outstanding opportunity.
Current real estate data for Condo in Lake Forest as of Sep 08, 2026
82
Condo Listed
64
Avg DOM
590
Avg $ / SqFt
$630,385
Avg List Price
Property Details
Price:
$495,999
MLS #:
OC26060489
Status:
Active
Beds:
2
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
Pheasant Creek PC
Neighborhood:
lnlakeforestnorth
Listed Date:
May 29, 2026
Finished Sq Ft:
916
Year Built:
1980
Schools
School District:
Saddleback Valley Unified
Interior
Appliances
DW, GD, MW, EO, ER
Bathrooms
2 Full Bathrooms
Cooling
WW
Flooring
TILE
Heating
WL
Interior Features
CRWN, GRNC, OFP
Laundry Features
OUT
Levels
A
Main Level Bathrooms
2
Main Level Bedrooms
2
Exterior
Common Walls
_2CW
Community Features
SDW, SL, PARK, HIKI, BIKI
Parking Spots
2
Parking Total
2
Patio And Porch Features
CON, CO
Spa Features
COM
View
NO
Financial
HOA Fee
$554
HOA Fee Frequency
MO
Map
Contact Us
Mortgage Calculator
Community
- Address20702 El Toro RD #231 Lake Forest CA
- SubdivisionPheasant Creek (PC)
- CityLake Forest
- CountyOrange
- Zip Code92630
Subdivisions in Lake Forest
- Aliso Creek Villas AC
- Antigua AT
- Autumnwood AU
- Avignon FAV
- Bella Palermo BLPL
- Bennett Ranch North BN
- Bennett Ranch South BN
- Beverly Court FBC
- Brittany FHBT
- BROOKLAND BKBRK
- California Coventry FHCV
- California Vista FCV
- Canyon Oaks FHCO
- Canyon View CV
- Cardinal Park CP
- Carriage Hill CAH
- Cedar Glen CG
- Concord Crossing CC
- Countryside CI
- Creekside CR
- Crestmont CSM
- Deane Lake Homes DL
- Grandview GDV
- Greenridge GNR
- Heatherview HRW
- HEIGHTS BKHTS
- Heritage FHH
- HIGHLANDS BKHGL
- KNOLLS BKKNLS
- Laguna North LN
- Laguna Real Phase II LR2
- Lake Forest Keys LK
- Lake Forest Woods LW
- Le Parc LPC
- Live Oak LO
- Lyon Heights FLH
- Mandeville FMP
- Meadow Homes I MDH1
- Meadowwood Homes MWH
- Montbury On The Hill – MBY
- Montbury On The Hill MBY
- Montecido MD
- Palacio FPL
- Palermo PHP
- PARKVIEW BKPKV
- Parkwood Estates PE
- Pheasant Creek PC
- Rancho Alisos RAL
- Rancho Viejo Condos I RV
- Rancho Viejo Condos II RV2
- Rancho Viejo Homes RH
- Ranchwood III RA3
- Richwood RW
- RIDGEWOOD BKRDG
- Roxford Crest FRC
- Saddleback Valley Views SV
- Salerno FSA
- San Remo Villas SRV
- San Rita Ridge SRR
- Sand Castle SAC
- Serenado SRO
- Serrano Creek Villas SO
- Serrano Park I SP
- Serrano Park II SP2
- Serrano Woods SER
- Smoketree ST
- Sterling Heights SRL
- Sycamore Creek SC
- Sycamore Ridge SR
- Tierra Vista TV
- Trabuco Highlands TH
- Trieste FTR
- Tuscany TUSC
- Village Homes VH
- Villorio VIL
- Vineyards FHVY
- Vintage Gallery FVG
- Vintage Promenade FHVP
- Vista Del Flores VDF
- Whispering Trees WT
- White Oak WO
- Willow Glen WG
- Wind Rows WR
- Woodleaf II WF2
- Woods – Baldwin WB
- Woods TW
- Woodside I North WS1
- Woodside II South WS2
Property Summary
- Located in the Pheasant Creek (PC) subdivision, 20702 El Toro RD #231 Lake Forest CA is a Condo for sale in Lake Forest, CA, 92630. It is listed for $495,999 and features 2 beds, 2 baths, and has approximately 916 square feet of living space, and was originally constructed in 1980. The current price per square foot is $541. The average price per square foot for Condo listings in Lake Forest is $590. The average listing price for Condo in Lake Forest is $630,385. To schedule a showing of MLS#oc26060489 at 20702 El Toro RD #231 in Lake Forest, CA, contact your agent at 8189391841.
Similar Listings Nearby
Courtesy of Luxre Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 20702 El Toro RD #231
Lake Forest, CA
