About This Home

This 2-bedroom, 2-bathroom condo at 20702 El Toro Road #231 in Lake Forest, CA is listed for $450,000 ($491 per sqft). Built in 1980, the home offers 916 sqft of living space on a N/A lot.

Key Features

  • Built in 1980
  • 2 parking spaces

Property Details

1 story
2 full
2 spaces
#231
1980

Amenities

SpaA/C
Listing Description

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 w

ater, 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.

Monthly Cost Estimate

$2,961/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131
HOA$554

Estimates only. Actual payments may vary.

Location

20702 El Toro Road #231

Lake Forest, CA 92630

Pheasant Creek (PC)

Features & Amenities

Interior Features

Crown MoldingOpen FloorplanGranite Counters

Property Details

Flooring

Tile

Parking

Carport

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)Window Unit(s)

Appliances

DisposalMicrowaveElectric RangeElectric OvenDishwasher

Questions & Answers

This 2-bedroom, 2-bathroom condo at 20702 El Toro Road is listed at $450,000 ($491/sqft). The estimated monthly payment is $2,960 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $554/month.

Key features include: Built in 1980, 2 parking spaces. Interior Features: Crown Molding, Open Floorplan, Granite Counters.

This property is listed by Brittany Miller.

BM

Brittany Miller

License 02083260

Agent at luxre realty

Listed by luxre realty · Broker phone: (949) 498-3702 · Broker website

MLS# OC26060489· Source: California Regional Multiple Listing Service, Inc· 176 days on PropertySimple

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

20702 El Toro Road #231, Lake Forest, CA 92630

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