20702 El Toro Road 231
Lake Forest, CA 92630
Listing broker / agent: Luxre Realty, Inc. · Brittany Miller · 949-228-4643 · CRMLS
MLS # OC26060489 · Last checked Oct 19, 2026 19:20 UTC
About this property
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.
Property details
- MLS number
- OC26060489
- Status
- Active
- Type
- Residential
- Subtype
- Condominium
- Beds / baths
- 2 Beds • 2 Baths
- Living area
- 916 Sq Ft
- County
- Orange
- Year built
- 1980
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 121
Building
- Year built
- 1980
- Year built source
- Public Records
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Condition
- Turnkey
- Living area source
- Public Records
Bathrooms
- Full bathrooms
- 2
Rooms & interior
- Main-level bedrooms
- 2
- Main-level bathrooms
- 2
- Rooms
- Bedroom, Great Room, Living Room, Primary Bedroom
- Appliances
- Dishwasher, Electric Oven, Electric Range, Disposal, Microwave
- Interior features
- Crown Molding, Granite Counters, Open Floorplan, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Multiple Primary Suites
- Flooring
- Tile
- Heating
- Wall Furnace
- Cooling
- Wall Window Units
- Fireplace
- None
- Laundry
- Outside
Exterior & parking
- Total parking spaces
- 2
- Garage spaces
- 0
- Carport spaces
- 1
- Parking
- Carport, One Space
- Pool
- Community, Association
- Spa
- Community
- Patio / porch
- Concrete, Covered
- Lot features
- Zero To One Unit Acre
- Property outlook
- None
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Community features
- Biking, Hiking, Park, Street Lights, Sidewalks, Pool
- Association amenities
- Sport Court, Pool, Spa Hot Tub, Tennis Courts
Fees & lease terms
- Association
- Yes
- Association fee
- $553.88
- Association fee frequency
- Monthly
Schools reported in the listing
- High school district
- Saddleback Valley Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Trabuco Hills High Saddleback Valley Unified · Mission Viejo | 9–12 | 0.3 mi |
| Del Lago Elementary Saddleback Valley Unified · Mission Viejo | K–6 | 0.9 mi |
| Lake Forest Elementary Saddleback Valley Unified · Lake Forest | K–6 | 1.6 mi |
| Portola Hills Elementary Saddleback Valley Unified · Trabuco Canyon | K–6 | 1.7 mi |
| Foothill Ranch Elementary Saddleback Valley Unified · Foothill Ranch | K–6 | 1.7 mi |
| Melinda Heights Elementary Saddleback Valley Unified · Rancho Santa Margarita | K–6 | 2.0 mi |
| Oxford Preparatory Academy - South Orange County (school website, opens in a new tab) Capistrano Unified · Mission Viejo | K–5 | 2.1 mi |
| Glen Yermo Elementary Saddleback Valley Unified · Mission Viejo | K–6 | 2.3 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $450,000
- MLS-reported original asking price
- $555,000
- MLS-reported previous asking price
- $475,000
- MLS-reported last price change
- 2026-09-25 10:05 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 2, 2026 05:43 | $450,000 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Lake Forest
Active residential homes for sale in Lake Forest, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
40 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-19 20:39 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗