Lake Forest 2 Homes & Neighborhoods

3 beds, 2 baths
Home size: 1,684 sq ft
Lot Size: 5,625 sq ft
Added: 03/10/10, Last Updated: 03/10/10
Property Type: Single Family, Residential
MLS Number: S608595
Community: Lake Forest South
Tract: To


Absolutely gorgeous 3 bedroom single story home situated in beautiful oak community!! This is a very nice home with an upgraded kitchen, vaulted ceilings, custom baseboards, windows casings, recessed lighting throughout the home, kitchen and bathrooms have granite marble counter tops, cherry wood cabinetry, private patio in master bedroom, tranquil atrium! This home has access to the lake, clubhouse, tennis courts, and much much more!

Listed with Tami Pourtabib, Keller Williams Realty

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Brought to you by Vicki Lloyd, The Real Estate Professionals. Call me today at 949-457-0281, or visit my website at VickiLloyd.com!

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3 beds, 2 baths
Home size: 1,707 sq ft
Lot Size: 5,000 sq ft
Added: 02/01/10, Last Updated: 02/26/10
Property Type: Single Family, Residential
MLS Number: S603790
Community: Lake Forest South
Tract: To
The price of this listing was last reduced on 2/12/2010 by 5%


This single level home has been updated and well maintained. A wrap around yard leads to the beautiful front door with beveled glass. Newer double pained windows and doors help insulate from heat and cold and laminate flooring gives an open feeling throughout the home. The kitchen has pretty tile flooring, a large pantry area, an island with room for stools, newer double oven and built-in microwave. The vaulted ceiling in the spacious family room gives a great-room effect, which includes a sunken fireplace nook with cozy seating and stain glassed windows. The master bedroom is roomy, with a double door entry, a walk in closet with custom organized shelving and a private tiled patio. Full sized driveway and adjacent parking lot allows space for guests to park. The Sun & Sail club includes a BBQ area and picnic tables, playground, four pools, tennis, basketball, gym, locker room and fitness classes and/or room rental for additional fee.

Listed with Sheri Isaacs (w/ Vicki Goodell), Prudential California Realty (w/ Prudential California Realty)

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Brought to you by Vicki Lloyd, The Real Estate Professionals. Call me today at 949-457-0281, or visit my website at VickiLloyd.com!

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3 beds, 2 baths
Home size: 1,844 sq ft
Lot Size: 6,912 sq ft
Added: 01/30/10, Last Updated: 02/13/10
Property Type: Single Family, Residential
MLS Number: S603845
Community: Lake Forest North
Tract: Othr


STANDARD SALE!! NOT A SHORT SALE OR REO!! Great pool home needs TLC but will be your dream home. Single level with lake/fireworks view from back patio. Large private outdoor living space, lounge and poolside areas for entertaining. 3 bedrooms, 2 baths plus open den/tv room. Remodeled gourmet kitchen has beautiful maple cabinets, Jenn-Aire stainless steel appliances, tile floors and granite countertops. Washer and dryer are out of the garage and custom built into kitchen cabs. Built in glass front cabinets in bar area just waiting for a wine bar and fridge. Large master suite has it's own bath, walk-in closet and new doors to private patio. All other rooms open to pool area, patios or Atrium making this home open and full of light. Mostly all new windows, partial new roof, new paint inside and out and nearly new AC. Sits on corner lot of single loaded cul-de-sac street. Member of LF Sun and Sail Club with every amenity possible. Close to schools, parks, entertainment and shops.

Listed with Paula Gilmore, Realty Executives OC Coastal

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Brought to you by Vicki Lloyd, The Real Estate Professionals. Call me today at 949-457-0281, or visit my website at VickiLloyd.com!

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I have downloaded the lists from several sources of foreclosure data, but I can see many discrepencies that will need more analysis. Some of the properties labeled as “bank owned” were actually purchased by investors. Some of the properties that are scheduled for auction, are in escrow, or have already been sold as short sales, but the records have not yet been updated. And a few are in the middle of loan modifications. It takes some digging to get an accurate picture of what is really going on out there!

The gross data right now shows troubled homes by neighborhood :
Forest Creek – 14
Indian Hills – 5
Lake Forest Keys – 8
Lakeside Park – 7
Lake Park West – 10
Parkwood Estates – 3
Parkwood Estates 2 – 5
Park Place – 2
Prairie Ridge – 4
Ranchwood – 3
Serrano Ridge – 9
Serrano Woods – 3
The Oaks – 4
The Woods – 5

I’ll work over the data and figure out the actual status on each neighborhood tomorrow!

Here are the latest year-to-date lists of activity for half of the Lake Forest II neighborhoods:

Lakeside Park Condos

The Woods of Lake Forest II

Prairie Ridge

The Oaks

Serrano Ridge

Lake Forest Keys

Forest Creek

I’ll post the rest of the neighborhoods tomorrow.  Please check back then, I hope to have them completed by early afternoon.

Values in the Oaks have declined substantially since their highs of a few years ago.  The current pricing is now in the low $400,000s to mid-$500,000s range.

The record for the smallest model, the “A” plan with 2 bedrooms + den and 1560 square feet, sold for $684,900 in July of 2006.  For the “B” plan, with 3 bedrooms and 1700 square feet, the record price was $698,000 in February 2006.  The “C” plan, with 4 bedrooms & 1880 square feet, sold for $690,000 in March 2005.  The rare 2-story “D” plan, with over 2100 square feet,  completely missed the big run-up of prices, (none came on the market in 2004, 2005, or 2006) and the highest price ever paid was $532,000 in October of 2007.

All homes in the Oaks have ground floor bedrooms, and gated entries, so they have always appealed to those who want privacy and the convenience of not having to climb stairs regularly.  Although the Oaks is not age-restricted, it has always been very “senior-attractive” and the turnover of homes has always been less than other neighborhoods in the area. 

The Oaks YTD Sales Report 8-02-2009

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Market activity for 2009 for all Lake Forest II neighborhoods :

Serrano Woods Condos

Lakeside Park Townhomes

The Oaks

Forest Creek

Parkwood Estates

The Woods

Lake Park West

The Lake Forest Keys

Lake Park West

Indian Hills

Serrano Ridge

Ranchwood Homes

There has been no activity in Park Place, Prairie Ridge, or Parkwood Estates II so far this year.

If you would like a personalized estimate of your market value, or have any questions about any of these neighborhoods, please email (Vicki @ VickiLloyd.com ) or call me at (949) 457-0281.

The Woods

Lake Forest Keys

Serrano Ridge

Ranchwood

Lakeside Park

Lake Park West

Indian Hills

Forest Creek

The Oaks

Serrano Woods

Parkwood Estates II

There are currently no listings on the MLS in Prairie Ridge, Parkwood Estates, or Park Place.  You could be the first this year – call me if you are thinking about buying or selling anywhere in Lake Forest.

Don’t miss the next exciting update to this blog – click on the envelope to be notified by email! 

Thanks for visiting!