0.jpg
1 / 67

205 Summit, Lake Forest, CA 92630

$1.55M4bd · 4ba · 2,855 sqft
Lot 3,722 sqft•HOA $240/mo•Single Family Residence•
Active
•90d on market•MLS# OC-26155186

Property Description

Huge price reduction for serious buyers. Corner lot house located at the best location of this Mini treasure community. New vinyl flooring throughout, new paint throughout. Open-concept main floor makes it spacious, Moden Kitchen with a large island and walk-in pantry. Spacious primary suite with an en-suite bathroom, the second bedroom with its own en-suite bathroom as well. All bedrooms located upstairs with enough total three bathrooms. Tile and brand-new vinyl flooring. Plantation shutters throughout all the windows. Better floor plan easy to accommodate your families. Very privacy backyard has sufficient space to your entrainment's activities. Walking distance to elementary schools and shopping centers. Easy to freeway 5th and 241.

Features & Amenities

FeeBuilt 2010

Property Details

Land Type
Fee
Year Built
2010
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
None
City
Lake Forest
Zip Code
92630
County
Orange
Listed byUnknown Office, Rick Lin

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,832.59
Principal & Interest
Loan Amount
$1,239,200
Total Interest
$1,580,531
Total Payment Over 30 Years
$2,819,731
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

205 Summit, Lake Forest, CA 92630

Lake Forest · Single Family Residence

$1.55M
Luxury Tier
Beds
4
Baths
4
Sqft
2,855
Lot
3,722 sqft
Year
2010
$/Sqft
$543
Pool: No✓
View: None✓
Garage: 2-car✓

Listed 17.6% below the median closed sale of $1,880,000. Price per sqft ($543) is a 14% discount to closed comps ($628). Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.55M· $543/sqft
Total list price
Closed comps
vs closed median $1.88M
−$331K (−17.6%)
Active comps
vs active median $1.79M
−$239K (−13.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $780
−$237 (−30.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
155 Bryce RunLake Forest2017442,6023,920$634$1.65M3894
291 FremontLake Forest2023442,5844,071$959$2.48M3892
111 Edna ParkwayLake Forest2022442,5144,041$870$2.19M4891
40 ForsterLake Forest2016542,5473,994$702$1.79M10690
58 MariposaLake Forest2015432,4124,074$736$1.77M1688
Total: 5 · Average4.23.82,531.84,020$780.2$1.98M49.2
Median2,547$1.79M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27 HeronLake Forest201610/07/2026442,8704,028$2.00M$1.88M$6550.9413796
137 Primrose DriveLake Forest201608/21/2026442,4143,195$1.49M$1.43M$5920.968689
11 Silver Spruce CourtLake Forest201110/02/2026543,3314,181$1.75M$1.64M$4920.9413887
161 WalworthLake Forest202208/12/2026553,1763,852$2.25M$2.00M$6300.8914487
141 Wild FlowerLake Forest202408/31/2026553,0574,056$2.35M$2.35M$7691.004687
Total: 5 · Average4.64.42,969.63,862.4$1.86M$1.86M$627.6—110.2
Median3,057$1.88M$1.88M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.