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Lake Forest, CA

$514,500

20702 El Toro 90, Lake Forest, CA
2
Beds
2
Baths
916
Sq Ft
1980
Built
48
Days listed

About this home

This gorgeous community is now FHA approved! Tucked within the lush, tree-lined Pheasant Creek community where winding streams and peaceful ponds set the tone, this fully reimagined 2-bed, 2-bath condo with a carport is the California lifestyle upgrade you've been waiting for. Every inch of this home has been thoughtfully touched. The kitchen has been nicely refreshed with sleek stainless-steel appliances and recessed lighting that sets the perfect ambiance. New laminate floors run seamlessly throughout, fresh paint brightens every room, and new ceiling fans in the dining area and bedrooms add both style and function. Both bathrooms? Completely refreshed. The living room opens directly onto a spacious private balcony, your own quiet corner for morning coffee, evening cocktails, or simply doing nothing at all. A patio laundry closet with extra storage keeps life organized without sacrificing space. Parking is a non-issue here as you get both an assigned space and a carport. And when you're ready to venture beyond your front door, the community delivers with resort-style pools, tennis and basketball courts, and scenic walking trails all just steps away. The HOA covers water, sewer, trash, and grounds maintenance, keeping your to-do list blissfully short. As for location, Irvine Spectrum, top-rated schools, parks, hiking trails, and premier shopping are all within easy reach. Whether you're a first-time buyer or savvy investor, this one is FHA approved and move-in ready. Come see it before someone else does.

Facts & features

Interior
Bedrooms
2
Bathrooms
2 full
Living area
916 sq ft
Interior features
Balcony, Ceiling Fans, Separate Formal Dining Room, High Ceilings, Open Floorplan, Recessed Lighting
Appliances
Dishwasher, Free Standing Range, Microwave, Range Hood, Dryer, Washer
Flooring
Vinyl
Fireplace
None
Heating
None
Cooling
Wall Window Units
Laundry
Laundry Closet, Outside
Levels
One
Spa
Association, Community, In Ground
Exterior & lot
Lot size
7.918 acres (344,910 sq ft)
Pool
Community, In Ground, Association
View
Neighborhood
Architectural style
Craftsman
Year built
1980
Parking
Assigned, Carport, Detached Carport, Guest
Parking spaces
2
Community
Area
LN - Lake Forest North
County
Orange
Community features
Curbs, Hiking, Street Lights, Suburban, Sidewalks, Pool
HOA fee
$553/mo
Listing details
Status
Active
Property type
Condominium
Days on market
48
Listed
2026-04-16
Original price
$524,500
Terms
Cash, Cash To New Loan, Conventional, FHA, Va Loan
Parcel #
93874234
MLS #
NP26083012
Listed by
Tracy Bryant · Coldwell Banker Realty

Location

Price history

Listed
$524,500 · 2026-04-16
Price reduced
$514,500 (−$10,000)
Days on market
48
Current price
$514,500
Financing

Could this home be yours?

Estimated monthly payment
$3,228
$2,602 principal & interest · $626 taxes & insurance
$102,900
Estimate only
Loan $411,600

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What's your home worth?

Estimated value range nearby
$496,214$582,512

A rough estimate from current nearby price-per-square-foot — not an appraisal. A precise valuation considers condition, upgrades and recent sales.

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Listing data provided by CRMLS

Listing courtesy of Coldwell Banker Realty. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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