For sale · Active

21466 Cypresswood

Lake Forest, CA 92630

$875,000
Bedrooms & bathrooms3 Beds • 3 Baths
Living area1,526 Sq Ft
Property typeCondominium
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Listing broker / agent: Redfin · Brian Morales · 949-735-2300 · CRMLS

MLS # OC26206939 · Last checked Oct 22, 2026 03:37 UTC

About this property

Motivated Seller! Buyer concessions may be available toward closing costs or a rate buy-down. Ask about lender incentives for additional savings. Beautifully upgraded and move-in ready, this Serrano Highlands home in Lake Forest offers a thoughtfully enhanced interior with stylish finishes and modern conveniences throughout. A welcoming wainscoted entry sets the tone, leading into bright living spaces accented by neutral designer paint, premium laminate flooring, upgraded wood stairs with stained treads, dual-pane windows, recessed LED lighting, and updated ceiling fans. The remodeled kitchen is both sophisticated and functional, featuring custom wood soft-close cabinetry, granite countertops, a ceramic farmhouse sink, commercial LED faucet, and stainless-steel appliances, including a double-oven range, metal hood, and ultra-quiet Bosch dishwasher. The refreshed bathrooms continue the home’s elevated design, while the spacious primary suite offers a custom walk-in closet system and beautifully appointed ensuite bath with a Carrara marble double vanity, Kohler fixtures, and custom-tiled shower with built-in seating and frameless glass. Additional improvements include a whole-home PEX re-pipe, high-efficiency water heater, and pull-down attic storage for added functionality. Outside, drought-tolerant landscaping creates a polished, low-maintenance setting. With extensive upgrades, quality finishes, and thoughtful improvements throughout, this Lake Forest residence offers a turnkey opportunity in the desirable Serrano Highlands community.

Property details

MLS number
OC26206939
Status
Active
Type
Residential
Subtype
Condominium
Beds / baths
3 Beds • 3 Baths
Living area
1,526 Sq Ft
County
Orange
Year built
1983
Stories
2
More property detailsExpandCollapse

Listing

Days on market
9

Building

Year built
1983
Year built source
Public Records
Stories
2
Building stories
2
Levels
Two
Entry level
1
Roof
Composition, Shingle
Living area source
Assessor

Bathrooms

Full bathrooms
2
Half bathrooms
1

Rooms & interior

Main-level bedrooms
0
Main-level bathrooms
1
Rooms
Attic, Bedroom, Center Hall, Entry Foyer, Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Other
Appliances
Six Burner Stove, Double Oven, Dishwasher, Energy Star Qualified Appliances, Energy Star Qualified Water Heater, Exhaust Fan, Free Standing Range, Gas Cooktop, Disposal, Gas Range, Gas Water Heater, High Efficiency Water Heater, Range Hood, Water Heater, Water Purifier
Interior features
Ceiling Fans, Crown Molding, Granite Counters, High Ceilings, Pantry, Pull Down Attic Stairs, Partially Furnished, Paneling Wainscoting, Recessed Lighting, Storage, Wired For Data, All Bedrooms Up, Attic, Entrance Foyer, Primary Suite, Walk In Closets
Flooring
Laminate
Heating
Central, Fireplaces, High Efficiency, Natural Gas
Cooling
Central Air, Electric, Energy Star Qualified Equipment, Wall Window Units
Fireplace
Gas, Gas Starter, Living Room, Masonry, Raised Hearth, Wood Burning
Laundry
Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage

Exterior & parking

Total parking spaces
3
Garage spaces
2
Parking
Asphalt, Door Multi, Direct Access, Garage Faces Front, Garage, Garage Door Opener, On Site, Paved, Permit Required, Private, Unassigned, Uncovered
Attached garage
Yes
Pool
Community, Fenced, Heated, In Ground, Association
Spa
Association, Community, Heated, In Ground
Lot size source
Assessor
Fencing
Good Condition, Masonry, New Condition, Privacy, Vinyl, Wrought Iron
Property outlook
Park Greenbelt, Neighborhood, Trees Woods

Utilities & community

Water
Public
Sewer
Public Sewer
Community features
Dog Park, Gutters, Park, Storm Drains, Street Lights, Suburban, Sidewalks, Pool
Association amenities
Clubhouse, Dog Park, Meeting Room, Pool, Pet Restrictions, Pets Allowed, Recreation Room, Spa Hot Tub, Security, Trash

Fees & lease terms

Association
Yes
Association fee
$436.00
Association fee frequency
Monthly
Additional association fee
$58.00
Additional fee frequency
Monthly

Schools reported in the listing

High school district
Saddleback Valley Unified

School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.

Explore the area

Nearby public schools

Within 5 miles

Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.

Nearby California public school locations, sorted by distance
School / districtGradesDistance
Rancho Cañada Elementary Saddleback Valley Unified · Lake Forest K–6 0.4 mi
La Madera Elementary Saddleback Valley Unified · Lake Forest K–6 0.8 mi
El Toro High (school website, opens in a new tab) Saddleback Valley Unified · Lake Forest 9–12 0.9 mi
Lake Forest Elementary Saddleback Valley Unified · Lake Forest K–6 1.2 mi
Serrano Intermediate Saddleback Valley Unified · Lake Forest 7–8 1.2 mi
Santiago STEAM Magnet Elementary Saddleback Valley Unified · Lake Forest K–6 1.3 mi
Oxford Preparatory Academy - Saddleback Valley (school website, opens in a new tab) Orange County Department of Education · Lake Forest K–5 1.7 mi
Solis Park (school website, opens in a new tab) Irvine Unified · Irvine K–8 1.7 mi

Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.

Check the California School Directory ↗

Price and tax history

Asking price

Current asking price
$875,000
MLS-reported original asking price
$875,000
Asking prices observed by this listing service
Observed (UTC)Asking price
Oct 2, 2026 06:01$875,000

MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.

Property taxes

Tax history is not available from the imported listing data.

Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.

Local inventory snapshot

Market trends in Lake Forest

Active residential homes for sale in Lake Forest, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.

Available listings207Current authorized inventory
Median asking price$1,199,000207 listings with a valid price
Median asking price / sq ft$645.35204 listings with confirmed sq ft
Median days on market35207 listings with MLS-reported days

Observed price activity · past 30 days

Listings with a reduction42
Listings with an increase1

43 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.

Calculated 2026-10-22 04:56 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.

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Payment calculator

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Loan assumptions and ownership costs

Blank costs are excluded, not confirmed to be zero. Get taxes, insurance and HOA estimates for this property; prior-owner taxes may change after purchase. Mortgage insurance depends on your loan—ask your lender.

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Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.

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