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29012 Canyon Ridge, 120, Lake Forest, CA 92679

$495K1bd · 1ba · 632 sqft
Lot 113,556 sqft•HOA $570/mo•Condominium•
Active
•40d on market•MLS# OC-26208502

Property Description

NEW PRICE -- $40,000 REDUCTION! A Portola Hills gem with one of the largest enclosed patios in the area! This beautifully and very recently remodeled, true single-level home offers ZERO STAIRS and exceptional privacy. The interior has been freshly painted and features brand new, on-trend flooring. Enjoy $25,000 in newly installed Andersen sliding glass doors with SmartSun glass, bringing in natural light while adding modern style and efficiency. A new Andersen garage fire door is another thoughtful upgrade. And guess what? The attached garage offers an especially practical bonus: dedicated space for storage plus an almost-new washer and dryer, while still leaving plenty of room for your car. Guest parking is also a breeze, conveniently located near the home. Step outside to the expansive patio -- an exceptional private space for relaxing, entertaining, gardening, or simply enjoying the peaceful greenbelt view. This is a special home that rarely comes on the market.

Features & Amenities

FeeBuilt 1986

Property Details

Land Type
Fee
Year Built
1986
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Cooling
Central Air
View
Park/Greenbelt
Flooring
Laminate
Roof
Tile
City
Lake Forest
Zip Code
92679
County
Orange
Listed byPacific Homes RE, Kim Hegeduis

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,502.99
Principal & Interest
Loan Amount
$396,000
Total Interest
$505,076
Total Payment Over 30 Years
$901,076
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

29012 Canyon Ridge, 120, Lake Forest, CA 92679

Lake Forest · Condominium

$495K
Affordable Tier
Beds
1
Baths
1
Sqft
632
Lot
2.61 ac
Year
1986
$/Sqft
$783
Pool: No✓
View: Park/Greenbelt✓
Garage: 1-car✓

Listed 4.8% below the median closed sale of $520,000. Price per sqft ($783) is a 25% premium to closed comps ($626).

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $495K· $783/sqft
Total list price
Closed comps
vs closed median $520K
−$25K (−4.8%)
Active comps
vs active median $535K
−$40K (−7.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $673
+$110 (+16.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
28987 Canyon RidgeTrabuco Canyon198811632113,556$751$474,9001099
19801 Meadow Ridge DrTrabuco Canyon1991115940$715$424,9993289
18948 Canyon HillTrabuco Canyon19862295475,057$587$560,00015777
19801 Meadow RidgeTrabuco Canyon199122816304,218$656$535,0008073
19801 Meadow RidgeTrabuco Canyon199122831304,218$656$545,0006272
Total: 5 · Average1.61.6765.4199,262.25$673$507,979.868.2
Median816$535,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
18952 Canyon ViewLake Forest198609/15/202622954113,556$549,000$545,000$5710.9913081
19801 Meadow RidgeTrabuco Canyon199208/21/202622816304,218$568,000$562,000$6890.9913373
28873 Canyon PointLake Forest199006/29/2026229791$525,000$520,000$5310.996172
201 California CourtMission Viejo199409/28/2026118720$499,900$505,000$5791.018270
20702 El Toro RoadLake Forest198005/21/202611560362,186$425,000$425,000$7591.003769
Total: 5 · Average1.61.6836.2194,990.25$511,400$511,400$625.8—88.6
Median872$520,000$520,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.