An exceptionally rare find and secluded sanctuary property, where a large single-story ranch house sits on a massive 16,113 sqft flat lot at the end of a cul-de-sac in a quiet family neighborhood. This residence offers approximately 2,500 sqft of living space and features 5 bedrooms and 2.5 baths, plus additional living areas which may present future utility. Has been used as a Daycare for a long time. The property offers tremendous flexibility and is perfect for a multi-generational estate, a unique business use, or a substantial investment opportunity. The expansive lot is a true paradise for large events, featuring a resort-caliber redwood gazebo, outdoor cooking area, wide array of mature fruit trees, and an enormous paved area with room for 12+ cars or multiple RVs/boats. Leverage this property and its huge lot to create your own masterpiece, build, expand, add a pool and or alternate income producing opportunities. The property will be delivered vacant at COE. Very close to ample shopping, entertainment, and major freeways. A large Single-Story property with such giant flat and usable backyard is extremely rare in south orange county, Act Fast. By Appointment Only
Property Details
Price:
$1,695,000
MLS #:
OC25249680
Status:
A
Beds:
5
Baths:
3
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Laguna North LN
Neighborhood:
ls
Listed Date:
Oct 29, 2025
Finished Sq Ft:
2,500
Lot Size:
16,113 sqft / 0.37 acres (approx)
Year Built:
1965
See this Listing
Schools
School District:
Saddleback Valley Unified
Interior
Bathrooms
2 Full Bathrooms, 1 One Quarter Bathroom
Cooling
CA
Heating
CF
Laundry Features
OUT
Exterior
Community Features
CRB
Financial
Map
Community
- AddressGemwood Lot 118 Lake Forest CA
- SubdivisionLaguna North (LN)
- CityLake Forest
- CountyOrange
- Zip Code92630
Subdivisions in Lake Forest
- Aliso Creek Villas AC
- Antigua AT
- 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
- Cedar Glen CG
- Concord Crossing CC
- Countryside CI
- Crestmont CSM
- Deane Lake Homes DL
- Grandview GDV
- Greenridge GNR
- Heatherview HRW
- HEIGHTS BKHTS
- HIGHLANDS BKHGL
- KNOLLS BKKNLS
- Laguna North LN
- Lake Forest Keys LK
- 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
- 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
- Roxford Crest FRC
- Salerno FSA
- San Remo Villas SRV
- San Rita Ridge SRR
- Sand Castle SAC
- Serrano Woods SER
- Smoketree ST
- Sterling Heights SRL
- Sycamore Creek SC
- Tierra Vista TV
- Trabuco Highlands TH
- Trieste FTR
- Tuscany TUSC
- Village Homes VH
- Vineyards FHVY
- 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
Market Summary
Current real estate data for Single Family in Lake Forest as of Oct 31, 2025
152
Single Family Listed
40
Avg DOM
446
Avg $ / SqFt
$1,138,843
Avg List Price
Property Summary
- Located in the Laguna North (LN) subdivision, Gemwood Lot 118 Lake Forest CA is a Single Family for sale in Lake Forest, CA, 92630.  It is listed for $1,695,000 and features 5 beds, 3 baths, and has approximately 2,500 square feet of living space, and was originally constructed in 1965. The current price per square foot is $678.  The average price per square foot for Single Family listings in Lake Forest is $446.  The average listing price for Single Family in Lake Forest is $1,138,843.
Similar Listings Nearby
 Courtesy of ARTA Financial Services.  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 2025. California Regional Multiple Listing Service. All rights reserved.
 Courtesy of ARTA Financial Services.  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 2025. California Regional Multiple Listing Service. All rights reserved.Gemwood Lot 118
Lake Forest, CA









































