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21821 Michigan Lane, Lake Forest, CA 92630

$1.75M4bd · 3ba · 1,712 sqft
Lot 3,450 sqft•HOA $255/mo•Single Family Residence•
Active
•14d on market•MLS# OC-26178560

Property Description

Nestled in the prestigious Lake Forest Keys community, this home offers breathtaking panoramic views and an unparalleled waterfront lifestyle. Beautifully updated, this 4-bedroom, 3-bath home offers approximately 1,712 sq. ft. of inviting indoor-outdoor living, tranquil water views, and a serene location. With a dream-like backyard and a private dock with direct lake access, you can enjoy sunset vistas from the water’s edge or from the comfort of your primary suite balcony. The spacious living room is anchored by a wood-burning fireplace and opens directly to the covered lakeside patio. The kitchen features two-tone cabinetry and an adjacent breakfast nook to enjoy coffee in the mornings. The flexible floor plan includes a main-level bedroom and full bath, ideal for guests or a home office. Upstairs, the primary suite is a true retreat with lake views and a private balcony overlooking the water, an inviting spot to unwind at the end of the day. Two additional bedrooms and an updated bath complete the second level. Outdoor living is where this home truly shines. A private front courtyard, expansive covered rear patio with ceiling fans, and direct lake frontage with space for your private boat create multiple spaces to entertain family and friends and watch a beautiful sunset! Recent improvements include fresh interior and exterior paint, updated kitchen with quartz countertops, new LVP flooring and carpet throughout, new bath vanities, updated lighting, and modern finishes that give the home a fresh, move-in-ready feel. As a resident, you will have full access to the Sun and Sail Club, which includes: 5 swimming pools and 10 tennis courts, sand volleyball courts, a state-of-the-art fitness center, and access to the lake for fishing and various water activities. This home truly offers a "quiet life in the heart of the city. It's minutes away from the Great Park in Irvine & Foothill Town Center offering many dining options, supermarket & shopping destinations.

Features & Amenities

FeeBuilt 1975

Property Details

Land Type
Fee
Year Built
1975
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
2
Garage Spaces
2
Heating
Central, Fireplace(s)
Cooling
Central Air
View
Lake, Park/Greenbelt, Water
Flooring
Vinyl, Carpet
Roof
Spanish Tile
City
Lake Forest
Zip Code
92630
County
Orange
Listed byUnknown Office, Windy Ruffini

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,848.95
Principal & Interest
Loan Amount
$1,400,000
Total Interest
$1,785,623
Total Payment Over 30 Years
$3,185,623
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

21821 Michigan Lane, Lake Forest, CA 92630

Lake Forest · Single Family Residence

$1.75M
Luxury Tier
Beds
4
Baths
3
Sqft
1,712
Lot
3,450 sqft
Year
1975
$/Sqft
$1022
Pool: Yes✓
Spa: Yes✓
View: water✓
Garage: 2-car✓

Listed 53.5% above the median closed sale of $1,140,000. Price per sqft ($1,022) is a 44% premium to closed comps ($709). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.75M· $1,022/sqft
Total list price
Closed comps
vs closed median $1.14M
+$610K (+53.5%)
Active comps
vs active median $1.19M
+$560K (+47.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $747
+$275 (+36.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
21095 Skylark DriveLake Forest1986331,6844,250$727$1.23M13973
26965 ParkmontLake Forest1978431,5004,000$793$1.19M3069
21056 ChamplainLake Forest1987331,7333,850$661$1.15M8067
21522 KenmareLake Forest1985331,4193,750$747$1.06M3966
33 FuchsiaLake Forest2015331,7002,707$809$1.38M1166
Total: 5 · Average3.23.01,607.23,711.4$747.4$1.20M59.8
Median1,684$1.19M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
26024 DonegalLake Forest198709/15/2026331,6093,750$1.16M$1.08M$6710.937576
6 KendallLake Forest199509/28/2026331,5733,150$1.13M$1.09M$6930.9710868
24261 Ontario LaneLake Forest197610/02/2026321,3563,600$1.55M$1.45M$1,0690.949765
19566 DoradoLake Forest199109/14/2026432,2843,520$1.19M$1.14M$4990.9614265
26152 SallyLake Forest197910/06/2026432,1785,050$1.35M$1.33M$6130.996665
Total: 5 · Average3.42.81,8003,814$1.22M$1.22M$709—97.6
Median1,609$1.14M$1.14M

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.