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.
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.
Property Details
Price:
$525,000
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
See this Listing
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
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
- 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 Condo in Lake Forest as of Jul 05, 2026
69
Condo Listed
53
Avg DOM
588
Avg $ / SqFt
$654,721
Avg List Price
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 $525,000 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 $573. The average price per square foot for Condo listings in Lake Forest is $588. The average listing price for Condo in Lake Forest is $654,721.
Similar Listings Nearby
20702 El Toro RD #231
Lake Forest, CA


