118 Summit Point, Lake Forest, CA 92630
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118 Summit Point Lake Forest, CA 92630

$1,570,000 Sold Price as of 09/13/2023
  • 5 Beds
  • 4 Baths
  • 3,026 Sq.Ft.
Sold
$1,570,000 Sold Price as of 09/13/2023 Refinance Your Mortgage

Map preview of 118 Summit Point, Lake Forest, CA 92630

Property Overview: 118 Summit Point Lake Forest, CA has 5 bedrooms, 4 bathrooms, 3,026 living square feet and 3,901 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prepare to fall in love with this spacious Summit Crest home, superbly located at the end of a quiet cul-de-sac blessed with a prime elevated location affording gorgeous backyard views, and nestled up to the community park/greenspace providing additional ambience to this ideal home. The highly manicured exterior and distinctive architectural features create a welcoming first impression. Step through the elegant front door with lead glass details and soak in the light filled interior. Gorgeous flooring, recessed LED lighting, and a neutral palette throughout set the stage for the perfect living space. This well-designed floor plan includes a prized main level bedroom and full bath, perfect for an In-Law Suite or an Executive Home Office. The spacious formal dining room boasts gorgeous tile floors, custom lighting, and is open to the main living area creating a wonderful space for relaxing and entertaining with loved ones. The large living room is filled with natural light and includes a cozy fireplace and direct access to the backyard patio providing a fabulous indoor-outdoor living space taking advantage of the gorgeous views. The generous kitchen is a dream for any home chef with glorious waterfall granite countertops, rich cabinetry, custom tiled backsplash, upgraded Bosch 5 burner gas stovetop, high-end stainless-steel appliances, sparkling tile floors, and a large center prep island with pendant lighting and a prized breakfast bar. The Master Suite is a peaceful retreat with gorgeous views and a spacious master bath with handsome cabinetry, granite topped dual vanity, decadent soaking tub, oversized step in shower with frameless glass enclosure, custom tile details, framed vanity mirrors, and a huge walk-in closet. 3 spacious guest bedrooms, 2 additional guest bathrooms, ample hallway linen cupboards, workspace nook, and a convenient bedroom level laundry room completes the upstairs living spaces. The backyard is a lush picturesque oasis with a covered patio, multiple seating areas, easy care hardscape, bubbling fountain, vibrant tropical landscaping, a built-in BBQ and bar, and serene treetop views. Fine features include tankless water heater, water filtration & reverse osmosis system, and a 5.25 kW 15 panel solar system with car charger. Within walking distance of Lake Forest Elementary and several family friendly parks, nearby hiking and biking trails, close to shopping dining and entertainment and just minutes from local beaches. No Mello Roos!

Listed by Jordan Bennett | BRE #01850869 | Regency Real Estate Brokers
Last checked: 15 minutes ago | Last updated: September 13th, 2023 | Source CRMLS | DOM: 6

Home details

Lot Sq. Ft
3,901
HOA Dues
$199/mo
Year built
2010
Garage
2 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC23151744
City
Lake Forest
County
Orange
Time on Site
254 days

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Property Details for 118 Summit Point

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central, Forced Air
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Individual Room, Upper Level, Washer Hookup
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Downstairs Bedrooms: 1
  • Downstairs Bathrooms: 1
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Flooring: Carpet, Laminate, Tile, Wood
  • Bonus Room, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Master Suite, Office, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Disposal, Gas Cooktop, Microwave, Range Hood, Tankless Water Heater, Water Purifier, Water Softener
  • Granite Counters, Kitchen Island, Kitchen Open to Family Room
Bathroom Information
  • # of Baths (Full): 4
Interior Features
  • Ceiling Fan(s), Granite Counters, Open Floorplan, Recessed Lighting
  • Levels: Two
  • Door Features: Sliding Doors
Exterior Features
Exterior Information
  • Roof: Concrete, Tile
  • Has Fence
  • Block, Glass, Stucco Wall, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Covered, Patio
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 4
  • Has Parking
  • Parking Features: Direct Garage Access, Garage
  • Has Attached Garage
Lot Information
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Greenbelt, Landscaped, Park Nearby, Yard
  • Lot Size Source: Assessor
  • Common Interest: Planned Development
Property Information
  • Has View
  • View: Neighborhood, Park/Greenbelt, Trees/Woods
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 61384121
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is not Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Part of Association
  • Association Name: Summit Crest
  • Association Fee: $199 (Monthly)
  • Association Amenities: Picnic Area, Playground
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Schools
School Information
  • Elementary School: Lake Forest
  • Elementary School: LAKFOR
  • Middle/Junior High School: Serrano Intermediate
  • Middle/Junior High School: SERINT
  • High School: El Toro
  • High School: ELTOR
  • High School District: Saddleback Valley Unified
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: Summit Crest
  • Directions: Lake Forest Dr to Pittsford Dr, Left on Osterman Rd, Left on Summit Crest, Left on Summit Pointe
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Curbs, Hiking, Park, Sidewalks
View more facts & features

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Sale History for 118 Summit Point

Last sold for $1,570,000 on September 13th, 2023
  • September, 2023

  • Sep 13, 2023

    Date

    Sold

    CRMLS: OC23151744

    $1,570,000

    Price

  • Aug 17, 2023

    Date

    Active

    CRMLS: OC23151744

    $1,500,000

    Price

  • July, 2010

  • Jul 27, 2010

    Date

    Sold (Public Records)

    Public Records

    $743,000

    Price

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Tax History for 118 Summit Point

Assessed Value (2020): $870,078
Year Land Value Improved Value Assessed Value
2020 $434,227 $435,851 $870,078

Home Value Compared to the Market

This property vs the competition

118 Summit Point sold on September 13, 2023 for 21.46% higher than the current median sold price for the city of Lake Forest which is $1,235,000. The median sold price per/sqft for Lake Forest is $636 and this home is sold at $495.7 per/sqft which puts the price per square foot 22.06% lower than the current median sale per square foot for the city of Lake Forest.

About 118 Summit Point

Detailed summary of property

118 Summit Point is a single family home that recently sold in Lake Forest, CA 92630. This house offered 5 bedrooms, 4 bathrooms, roughly 3,026 living square feet, and sits on an approximately 3,901 square foot lot. 118 Summit Point was first listed on ArdentRealEstateGroup.com on August 17, 2023. The homeowner sold the property for $1,570,000. Home in Lake Forest are selling for a median price of $1,235,000 and a median price per square foot of $636. Based on Ardent Real Estate Group's Lake Forest Market Data, this home is sold 21.46% higher than the current median priced home. Local homes that are currently for sale include 16 Banyan, 21 Bonita Vista and 56 Tessera Ave. This home does have a Homeowners Association and the monthly fee is $199 per month. While the average home in Lake Forest, CA is selling in 53 days, 118 Summit Point has a days on market of 6 days. There are currently 132 homes for sale in the Lake Forest real estate market and 84 of them are single family homes while 43 of them are condos and 5 are townhomes. For more information on this home for sale at 118 Summit Point Lake Forest, CA 92630 contact Ardent Real Estate Group and we will put you in touch with one of our Lake Forest agents.

Public Facts for 118 Summit Point

Public county record property details
Beds
5
Baths
4
Year built
2010
Sq. Ft.
3,016
Lot Size
3,901
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Orange
Lot#
9
APN
613-841-21

The source for these homes facts are from public records.

92630 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,298,000
Median List Price/Sq.Ft.
$655
Median Sold Price
$1,150,000
Median Sold Price/Sq.Ft.
$654
Total Inventory
100
Median Sale to List Price %
100%
Avg Days on Market
24
Loan Type
Conventional (38.98%), FHA (1.69%), VA (3.39%), Cash (30.51%), Other (25.42%)

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Related Resources to 118 Summit Point

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.