Property is being offered via auction. The list price represents the starting bid and may not reflect the final sale price. Auction bidding is scheduled to begin on July 12, 2026. Please contact the Listing Agent for complete auction terms, bidding procedures, and conditions.
Welcome to this extraordinary, fully remodeled and expanded home located in the heart of Lake Forest. This is a rare opportunity to own a property that has been transformed from A to Z. With the exception of portions of the original structural walls, virtually everything has been rebuilt or replaced—from the roof to the flooring—creating a home that offers the quality, comfort, and feel of new construction.
Originally approximately 1,145 square feet, the property has been thoughtfully expanded with a 322 sq. ft. addition to the main residence and a 615 sq. ft. detached ADU (buyer to verify square footage and permits), providing exceptional flexibility for multi-generational living, guest accommodations, or outstanding rental income potential.
The bright, open-concept floor plan showcases a beautifully redesigned kitchen featuring brand-new appliances, custom cabinetry, premium finishes, and elegant granite flooring throughout. Large windows fill the home with abundant natural light, creating a warm and inviting atmosphere. The entire home has also been fully repiped, providing additional peace of mind.
The detached ADU offers excellent privacy and versatility, with the potential for its own private outdoor area, making it ideal for extended family, guests, or rental opportunities.
Step outside to a spacious backyard with mature fruit trees, including lemon and other varieties, creating the perfect setting for entertaining, gardening, or simply relaxing.
Ideally located just minutes from major shopping centers, restaurants, Home Depot, schools, and everyday conveniences, with approximately one-minute access to Interstate 5 and three-minute access to Interstate 405.
This is a truly unique property offering the charm of an established neighborhood with the quality and craftsmanship of a nearly new home. Buyers are encouraged to perform their own due diligence regarding square footage, permits, improvements, and all property information.
Welcome to this extraordinary, fully remodeled and expanded home located in the heart of Lake Forest. This is a rare opportunity to own a property that has been transformed from A to Z. With the exception of portions of the original structural walls, virtually everything has been rebuilt or replaced—from the roof to the flooring—creating a home that offers the quality, comfort, and feel of new construction.
Originally approximately 1,145 square feet, the property has been thoughtfully expanded with a 322 sq. ft. addition to the main residence and a 615 sq. ft. detached ADU (buyer to verify square footage and permits), providing exceptional flexibility for multi-generational living, guest accommodations, or outstanding rental income potential.
The bright, open-concept floor plan showcases a beautifully redesigned kitchen featuring brand-new appliances, custom cabinetry, premium finishes, and elegant granite flooring throughout. Large windows fill the home with abundant natural light, creating a warm and inviting atmosphere. The entire home has also been fully repiped, providing additional peace of mind.
The detached ADU offers excellent privacy and versatility, with the potential for its own private outdoor area, making it ideal for extended family, guests, or rental opportunities.
Step outside to a spacious backyard with mature fruit trees, including lemon and other varieties, creating the perfect setting for entertaining, gardening, or simply relaxing.
Ideally located just minutes from major shopping centers, restaurants, Home Depot, schools, and everyday conveniences, with approximately one-minute access to Interstate 5 and three-minute access to Interstate 405.
This is a truly unique property offering the charm of an established neighborhood with the quality and craftsmanship of a nearly new home. Buyers are encouraged to perform their own due diligence regarding square footage, permits, improvements, and all property information.
Property Details
Price:
$1,340,000
MLS #:
OC26075472
Status:
Active
Beds:
3
Baths:
2
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
lslakeforestsouth
Listed Date:
Apr 18, 2026
Finished Sq Ft:
2,100
Lot Size:
7,245 sqft / 0.17 acres (approx)
Year Built:
1996
See this Listing
Schools
School District:
Saddleback Valley Unified
Elementary School:
Olivewood
Middle School:
Los Aliso
High School:
Mission Viejo
Interior
Appliances
GO, GR
Bathrooms
2 Full Bathrooms
Cooling
NO
Flooring
TILE
Heating
FA
Interior Features
CF, OFP
Laundry Features
NO
Levels
A
Exterior
Accessibility Features
_2AE
Architectural Style
MOD
Attached Garage YN
1
Common Walls
NCW
Community Features
CRB
Construction Materials
STC
Fencing
WD
Garage Spaces
2
Parking Spots
2
Parking Total
2
Roof
SPT
Security Features
EXL, SD
Spa Features
NO
View
TW
Window Features
SCR
Financial
Map
Community
- Address24541 Penfield Lake Forest CA
- CityLake Forest
- CountyOrange
- Zip Code92630
Subdivisions in Lake Forest
- Aliso Creek Villas AC
- Antigua AT
- Belwood Park FBP
- Bench Mark Villas BM
- Bennett Ranch North BN
- Bennett Ranch South BN
- California Coventry FHCV
- Cedar Glen CG
- Creekside CR
- Crestmont CSM
- Deane Lake Homes DL
- Fieldstone Classic FSC
- Forest Shadows FS
- Greenridge GNR
- Heritage FHH
- HIGHLANDS BKHGL
- Hillview HLV
- J.M. Peters Portola PPH
- Lake Forest Keys LK
- Lake Forest Shores LFS
- Lake Forest Townhomes LF
- Lake Forest Woods LW
- Lakeside Park LKP
- Le Parc LPC
- Live Oak LO
- Mandeville FMP
- Mariposa MAR
- Montbury On The Hill MBY
- Montecido MD
- Palermo PHP
- PARKVIEW BKPKV
- Parkwood Estates PE
- Pheasant Creek PC
- Promenade FPR
- Rancho Viejo Condos II RV2
- Ranchwood III RA3
- Roxford Crest FRC
- Saddleback Meadows SADM
- Saddleback Valley Views SV
- San Rita Ridge SRR
- Serenado SRO
- Serrano Park I SP
- Serrano Woods SER
- Shores TS
- Sterling Heights SRL
- Sycamore Ridge SR
- Tierra Vista TV
- Villorio VIL
- Vineyards FHVY
- Vista Del Flores VDF
- Whispering Trees WT
- White Oak WO
- Willow Glen WG
- Wind Rows WR
Market Summary
Current real estate data for Single Family in Lake Forest as of Jul 27, 2026
214
Single Family Listed
44
Avg DOM
466
Avg $ / SqFt
$1,166,323
Avg List Price
Property Summary
- 24541 Penfield Lake Forest CA is a Single Family for sale in Lake Forest, CA, 92630. It is listed for $1,340,000 and features 3 beds, 2 baths, and has approximately 2,100 square feet of living space, and was originally constructed in 1996. The current price per square foot is $638. The average price per square foot for Single Family listings in Lake Forest is $466. The average listing price for Single Family in Lake Forest is $1,166,323.
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24541 Penfield
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