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Browse All Lake Forest CA Between $400K - $500K Properties for Sale

$449,000
1 Beds 1 Baths SW26162123 MLS Coming Soon Status
Looking for turn-key luxury in Lake Forest? Look no further! Welcome home to this desirable ground-floor single-level condo in the highly sought-after resort style community of Le Parc! Offering 733 square feet of beautifully updated living space, this 1-bed, 1-bath has it all! This home features a fresh, modern interior with brand new luxury vinyl plank flooring and freshly painted neutral walls throughout (Dec 2025). The thoughtfully updated kitchen offers timeless white cabinetry, sleek quartz countertops with a modern single level design, and a spacious peninsula with barstool seating - ideal for casual dining and effortless entertaining. The bathroom was completely renovated in Dec 2025, and features a custom fully tiled walk-in shower, new toilet, stylish quartz-topped vanity, updated lighting and contemporary fixtures. The tranquil primary bedroom offers a peaceful retreat, complete with a generous walk-in closet. For added convenience, the home also includes a full-size stackable laundry area. Step outside to your own private outdoor retreat. The expansive outdoor patio anchored by a full-sized pergola provides the perfect setting for enjoying morning coffee, al fresco dining, or simply relaxing in Orange County’s beautiful year-round weather. Ideally located in the heart of Lake Forest, Le Parc offers resort-style amenities, including pools, spas, and beautifully maintained greenbelts. Located near top-rated schools, shopping, dining and easy freeway access, this is truly an opportunity you won’t want to miss! (Professional photos coming soon!)

25671 Le Parc, Lake Forest

$429,000
1 Beds 1 Baths OC26142434 MLS Active Status
Welcome to Pheasant Creek, where peaceful, tree-lined surroundings meet everyday convenience in the heart of Lake Forest. This beautifully renovated lower-level one-bedroom, one-bath condo offers the kind of easy, turnkey living buyers hope to find—no stairs, a private patio, covered carport PARKING, LAUNDRY, and thoughtful STORAGE throughout. Inside, this newly renovated home feels fresh, functional, and move-in ready with warm flooring, recessed lighting, neutral paint, an updated kitchen, stainless steel appliances, quartz countertops, a large undermount sink, and a clever built-in pantry/spice cabinet that makes the kitchen live larger than expected. The dining area opens naturally to the kitchen and living room, creating a comfortable layout for everyday meals, working from home, or hosting a friend for coffee. The spacious bedroom includes a walk-in closet, with additional built-in storage in the hall cabinet, kitchen pantry, and private side-by-side laundry closet on the patio, adding the kind of practical storage rarely found in a one-bedroom home. The full bathroom has been beautifully renovated with quartz counters, an undermount sink for easy cleaning, updated fixtures, tile flooring, and a tub/shower with classic subway tile and glass accent detail. The patio offers gentle morning light and shade later in the day—perfect for slow mornings, fresh air, or an evening unwind. Pheasant Creek is known for its peaceful natural setting with mature trees, streams, ducks, turtles, and walking paths throughout the community. Residents enjoy resort-style amenities including a pool, hot tub, tennis courts, a basketball court, and generous guest parking. HOA dues INCLUDE WATER, TRASH, and EXTERIOR MAINTENANCE, and the community is FHA LOAN APPROVED. Conveniently located near parks, shopping, dining, coffee, the Aliso Creek Bikeway, major freeways, and toll road access, this home blends comfort, style, affordability, and the relaxed lifestyle you're seeking.

20702 El Toro Unit 283, Lake Forest

$425,000
2 Beds 1 Baths OC26133779 MLS Active Status
Welcome to this well-maintained upper-level condominium in the desirable Aliso Creek Villas community. This 2-bedroom, 1-bath home features a functional floor plan with cathedral ceilings that create a spacious living area. The living room opens to a private balcony with an adjacent laundry room accommodating a full-size electric washer and dryer. The kitchen offers ample cabinet and counter space and opens to the dining area, creating a practical layout for everyday living. Both bedrooms offer large closets, while an additional storage closet off the living room provides generous space for seasonal items, household essentials, or extra belongings. The interior features vinyl windows, laminate wood, vinyl, and tile flooring, ceiling fans, mirrored closet doors, and a wall-mounted air conditioner. Surrounded by mature trees, the home enjoys a cool, shaded setting with refreshing breezes that enhance comfort throughout the living spaces and balcony. The private balcony overlooks the community pool, which is just steps away. The home also includes a covered carport and an additional unassigned parking space. The HOA provides added value by including water, trash, basic fire insurance, and exterior and grounds maintenance. Conveniently located near shopping, restaurants, parks, schools, and major commuter routes, this home is an excellent opportunity for first-time buyers, downsizers, or investors seeking low-maintenance living in the heart of Lake Forest.

23292 Orange Avenue Unit 6, Lake Forest

$490,000
TR26118783 MLS Active Status
Rare opportunity to acquire a turn-key income property in the highly desirable gated community of Tuscany at Foothill Ranch. This property is ideally suited for investors seeking stable cash flow, a reliable tenant, and minimal maintenance expenses. Investment Highlights: 1.Below-market asking price for quick sale. 2.Positive cash flow potential. 3. Extensive recent renovations completed.4. Low-maintenance, turn-key investment opportunity. 5. Strong rental demand in a highly sought-after community. The condo is currently leased through September 30, 2026, providing immediate rental income from day one. The existing tenant has an excellent payment history, having never paid rent late, and maintains stable employment and reliable income. The tenant would like to remain long-term, offering investors continuity and reduced vacancy risk. The owner completed extensive renovations throughout the property last year, allowing a new owner to enjoy a truly turn-key investment with no immediate upgrade or remodeling costs. Improvements include a fully remodeled kitchen and bathroom, new flooring, fresh interior paint, updated cabinetry, quartz countertops, and stainless-steel appliances. This immaculate upper-level end-unit features a spacious 1-bedroom, 1-bath floor plan plus a versatile loft/den that can easily function as a second bedroom, home office, or guest suite. 1 covered carport. Soaring ceilings, abundant natural light, and an open-concept layout create an attractive living environment that appeals to quality tenants.The primary suite offers a walk-in closet and dual-sink bathroom. A private patio, in-unit laundry, and extra storage further enhance tenant appeal. Enjoy resort-style amenities including pools, spas, tennis court, fitness center, clubhouse, and ample guest parking. Conveniently located near shopping, dining, top-rated schools, and the 241 Toll Road. Cash buyers preferred.

19431 Rue De Valore Unit 39D, Lake Forest

$490,000
1 Beds 1 Baths TR26118076 MLS Active Status
Rare opportunity to acquire a turn-key income property in the highly desirable gated community of Tuscany at Foothill Ranch. This property is ideally suited for investors seeking stable cash flow, a reliable tenant, and minimal maintenance expenses. Investment Highlights: 1.Below-market asking price for quick sale. 2.Positive cash flow potential. 3. Extensive recent renovations completed.4. Low-maintenance, turn-key investment opportunity. 5. Strong rental demand in a highly sought-after community. The condo is currently leased through September 30, 2026, providing immediate rental income from day one. The existing tenant has an excellent payment history, having never paid rent late, and maintains stable employment and reliable income. The tenant would like to remain long-term, offering investors continuity and reduced vacancy risk. The owner completed extensive renovations throughout the property last year, allowing a new owner to enjoy a truly turn-key investment with no immediate upgrade or remodeling costs. Improvements include a fully remodeled kitchen and bathroom, new flooring, fresh interior paint, updated cabinetry, quartz countertops, and stainless-steel appliances. This immaculate upper-level end-unit features a spacious 1-bedroom, 1-bath floor plan plus a versatile loft/den that can easily function as a second bedroom, home office, or guest suite. 1 covered carport. Soaring ceilings, abundant natural light, and an open-concept layout create an attractive living environment that appeals to quality tenants.The primary suite offers a walk-in closet and dual-sink bathroom. A private patio, in-unit laundry, and extra storage further enhance tenant appeal. Enjoy resort-style amenities including pools, spas, tennis court, fitness center, clubhouse, and ample guest parking. Conveniently located near shopping, dining, top-rated schools, and the 241 Toll Road. Cash buyers preferred.

19431 Rue De Valore Unit 39D, Lake Forest

$479,990
2 Beds 1 Baths 26843021 MLS Pending Status
Discover Effortless Homeownership in the heart of Lake Forest. Welcome to this beautifully Remodeled Top Floor Corner unit, where modern comfort meets everyday convenience. Nestled among lush, meticulously maintained grounds, this bright and airy retreat offers the perfect blend of style and simplicity. Step inside your spacious, sun-drenched open living area designed to adapt to your lifestyle, whether you envision a welcoming gathering space for entertaining guests or a peaceful sanctuary to unwind after a long day. Oversized Windows bathe every room in an abundance of natural light, creating a warm and inviting atmosphere throughout. The thoughtfully Remodeled Kitchen is a true centerpiece featuring sleek new Stainless Steel Appliances, centrally located Breakfast Bar perfect for casual dining, and a dedicated sit-down dining area for more leisurely meals. When it comes to everyday living convenience is paramount, and In Unit Washer and Dryer means laundry day has never been easier. Step outside and enjoy not one, but two Private Outdoor Spaces. A welcoming front patio sets the scene for morning coffee or evening refreshments, while a second gated patio opens directly onto a gorgeous grassy lawn perfect for weekend barbecues or simply soaking in the fresh air. Beyond your front door, everything you need is within easy reach. Shopping centers, dining, and major freeways are all just moments away making your daily commute and weekend errands effortlessly convenient. HOA includes water and trash, simplifying monthly budgeting and taking one more task off your plate. Residents also enjoy access to a sparkling Community Pool and Clubhouse, which is ideal for relaxing weekends and meeting your neighbors. This is more than a home. It's a lifestyle designed for ease, comfort, and connection. Your next chapter starts here.

22828 Mesa Way Unit 4, Lake Forest

$499,999
2 Beds 2 Baths OC26060489 MLS Active Status
**Seller will review all reasonable offers** 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.

20702 El Toro Road Unit 231, Lake Forest

$470,000
2 Beds 2 Baths OC26108257 MLS Active Status
PRICE IMPROVEMENT! Rare opportunity to own a first-floor corner 2-bedroom, 2-bathroom condo with an expansive fenced yard and covered front patio in the desirable Aliso Creek Villas community. 23232 Orange Unit 7 is surrounded by tree-lined streets, walking paths, meandering greenbelts, a community pool, and a playground, this inviting home offers comfort, convenience, and an ideal Southern California lifestyle. The HOA includes water and trash service for added value. Step inside to discover newer modern laminate wood flooring throughout and a bright, open-concept living area designed for easy everyday living and entertaining. The recently remodeled kitchen features crisp white cabinetry, quartz countertops, abundant storage, stainless steel dishwasher, built-in microwave, natural light, and a dedicated dining area with a wall-mounted A/C unit nearby. The primary bedroom includes generous closet space, window blinds, a ceiling fan, and a private ensuite bathroom. The secondary bedroom also offers ample closet space, new blinds, and convenient access to the full hallway bathroom. Both bathrooms include tub-and-shower combinations. Washer and dryer hookups are tucked inside a secure laundry closet located on the front porch. Enjoy outdoor living in the large, fenced backyard patio—perfect for summer barbecues, pets, gardening, or simply relaxing at home. This property includes one assigned carport, with an additional parking pass available for purchase through the HOA. Ideally located within walking distance to local shops, restaurants, parks, trails, and schools in the top-rated Saddleback Valley Unified School District, with easy access to the 5 and 405 freeways, Laguna Canyon via El Toro Road, and the 241 Toll Road. Don’t miss this charming Aliso Creek Villas home, it won’t last!

23232 Orange Unit 7, Lake Forest

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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