20702 El Toro RD #231 Lake Forest CA 92630 | MLS #OC26060489
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.
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
Price:
$450,000
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
- Alderwood AW
- Aliso Creek Villas AC
- Aliso Park Estates AP
- Antigua AT
- Brittany FHBT
- BROOKLAND BKBRK
- California Coventry FHCV
- Canyon View CV
- Canyon View West CVW
- Canyonview FHCN
- Carriage Hill CAH
- Cedar Glen CG
- Countryside CI
- Creekside CR
- Deane Lake Homes DL
- Fieldstone Classic FSC
- Forest TF
- Grandview GDV
- HEIGHTS BKHTS
- HIGHLANDS BKHGL
- Hillview HLV
- KNOLLS BKKNLS
- Laguna North LN
- 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
- Meadow Homes I MDH1
- Meadowwood Homes MWH
- Montbury On The Hill MBY
- Montecido MD
- Normandale Heights NDH
- Oaks TO
- Park Place PP
- PARKVIEW BKPKV
- Parkwood Estates PE
- Pheasant Creek PC
- Rancho Viejo Condos I RV
- Rancho Viejo Condos II RV2
- Saddleback Valley Views SV
- Salerno FSA
- San Remo Villas SRV
- Sand Castle SAC
- Serrano Park I SP
- Serrano Woods SER
- Shadow Run SD SD
- Shadow Run Serrano Highlands SH
- Shores TS
- Sterling Heights SRL
- Sunset Ridge SSR
- Tierra Vista TV
- Trabuco Highlands TH
- Tuscany TUSC
- Village Homes VH
- Villorio VIL
- Vineyards FHVY
- Vintage Collection FHV
- Vista Del Flores VDF
- Vista Laguna VL
- White Oak WO
- Willow Glen WG
- Wind Rows WR
- Woodleaf II WF2
- Woods – Baldwin WB
- Woods TW
- Woodside II South WS2
Market Summary
Current real estate data for Condo in Lake Forest as of Oct 08, 2026
97
Condo Listed
66
Avg DOM
591
Avg $ / SqFt
$602,311
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 $450,000 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 $491. The average price per square foot for Condo listings in Lake Forest is $591. The average listing price for Condo in Lake Forest is $602,311. To schedule a showing of MLS#oc26060489 at 20702 El Toro RD #231 in Lake Forest, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of Luxre Realty, Inc.. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.20702 El Toro RD #231
Lake Forest, CA
