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$495,999
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Property Description
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.
Full Property Details
Full Property Details for 20702 El Toro Rd #231
General
- Price: $495,999
- HOA FEE: $554/month
- Status: Active
- Type: Condo
- Source: MRMLS
- MLS ID: OC26060489
- Updated: 8/9/2026
- Days on Market: 95 days
- Added to Site: 95 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down, Main Floor Primary Bedroom, Two Primaries, Great Room, Living Room, Main Floor Bedroom
- Interior Features: Crown Molding, Open Floorplan, Granite Counters
- Fireplace(s): None
- Appliances: Disposal, Microwave, Electric Range, Electric Oven, Dishwasher
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Other Rooms
- Laundry: Outside
Additional Information
- Shared Amenities: Sport Court, Tennis Court(s), Pool, Spa/Hot Tub
- Pool Description: Community
- Spa Description: Community
Exterior
- Deck/Patio: Covered, Concrete
Parking
- Carport Spaces: 1
- Parking: Carport, Parking Space
Location
- County: Orange
- Subdivision: Pheasant Creek (PC)
- Driving Directions: Main cross streets El Toro and Santa Margarita Pkwy
School Information
- School District: Saddleback Valley Unified
Community
- Community Features: Biking, Hiking, Street Lights, Sidewalks, Park
- Assoc. Name: Vintage Group HOA
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Condominium
- Common Walls: 2 Common Walls (or More)
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 916
- Sq. Ft. Source: Public Records
- Year Built: 1980
- Year Built Source: Public Records
- Property Condition: Turnkey
Unit Information
- Units in Complex: 256
Lot Features
- Property View: None
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $541.48
- Association Fee: $554
- Assoc Fee Freq.: Monthly
Disclosures and Reports
- Special Conditions: Standard
- Inclusions: Washer/Dryer, Microwave, Stove, Refrigerator
Listed by Luxre Realty, Inc., Brittany Miller
Get Pre-Approved Today
Schools
Schools serving 20702 El Toro Rd #231
School District:Saddleback Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
Lake Forest Elementary School 21801 Pittsford Drive, Lake Forest, CA 92630 | K-6 | 1.5 mi |
Serrano Intermediate School 24642 Jeronimo Road, Lake Forest, CA 92630 | 7-8 | 3.3 mi |
Trabuco Hills High School 27501 Mustang Run, Mission Viejo, CA 92691 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20702 El Toro Rd #231
Date
Details
Price
Change
Source
8/09/2026
Price Reduced
$495,999
-0.8%
MLS
7/18/2026
Price Reduced
$499,999
-2.91%
MLS
7/09/2026
Price Reduced
$515,000
-1.9%
MLS
6/17/2026
Price Reduced
$525,000
-1.87%
MLS
6/01/2026
Price Reduced
$535,000
-3.6%
MLS
5/29/2026
Listed
$555,000
5.71%
MLS
6/27/2022
Sold
$525,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20702 El Toro Rd #231
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,623
—
$557,134
2%
2025
$5,623
2%
$546,210
2%
2024
$5,521
2%
$535,500
2%
2023
$5,391
89%
$525,000
90%
2022
$2,854
2%
$276,667
2%
2021
$2,797
1%
$271,243
1%
2020
$2,772
2%
$268,462
2%
2019
$2,717
2%
$263,199
2%
2018
$2,666
2%
$258,039
2%
2017
$2,613
2%
$252,980
2%
2016
$2,570
1%
$248,020
2%
2015
$2,539
8%
$244,295
8%
2014
$2,353
24%
$226,775
25%
2013
$1,892
—
$181,420
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20702 El Toro Rd #231
20702 El Toro Road #231, Lake Forest, CA 92630 (MLS# OC26060489) is a Condo property with 2 bedrooms and 2 full bathrooms. 20702 El Toro Road #231 is currently listed for $495,999 and was received on May 29, 2026. Want to learn more about 20702 El Toro Road #231? Do you have questions about finding other Condo real estate for sale in Lake Forest? You can browse all Lake Forest real estate or contact a Coldwell Banker agent to request more information.

