Here are the updates to the rest of the neighborhoods in Lake Forest II Association.
Indian Hills
Parkwood Estates
Parkwood Estates II
Ranchwood
Park Place
Serrano Woods Condos
Lake Park West
Tomorrow, I will be providing the details & status of the foreclosure market in Lake Forest II.
Call me if you have any questions, or need any advice – I’m right in the neighborhood.

Parkwood Estates has been pretty quiet this year, but that is not unexpected since they are some of the largest (and most expensive) homes in the Lake Forest II Association. There are currently 3 homes that I am aware of that are in the early stages of foreclosure. They may be able to get a loan modification, or they may come on the market as short sales, or foreclosures.
One bank-owned “Ontario” floor plan with a pool has sold for $545,000 after 17 days on the active market, one “Geneva” was listed at $674,900 and expired after 77 days on the market, and one other “Geneva” listed at $549,900 to $599,900 is currently in escrow after 13 days on the market.
Update 8/1 – a new listing came on today that is not a short sale, or a foreclosure. It’s the largest model (the “Superior”) with 2,976 square feet, 4 bedrooms upstairs, and a bonus room. It is “teaser priced” at $449,000 and may not be shown until Saturday 8/8. Agent remarks say to bring your best over-list price offer. It doesn’t back up to a busy street, so even if it’s a wreck inside, it should attract multiple offers, and the one with the biggest down payment and shortest escrow period will probably win. I am betting that it closes around $535K.
Parkwood Estates YTD 8-1-2009
About Parkwood Estates
Previous Reports on Parkwood Estates
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.
Here are the latest neighborhood reports for Lake Forest II real estate. The activity is fairly quiet and there haven’t been a lot of changes, so I’ll save my comments about these neighborhoods for future posts.
Serrano Woods Condos 8-17-2008
Ranchwood Homes 8-17-2008
Lake Park West 8-17-2008
Prairie Ridge 8-17-2008
Parkwood Estates 8-17-2008