Front Elevation: Acacia Coastal Contemporary. Photo of artist rendering. Home is still under construction.
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121 Reyes Alley, Lake Forest, CA 92630

$1.69M4bd · 4ba · 2,782 sqft
Lot 3,095 sqft•HOA $245/mo•Single Family Residence•
Active
•1273d on market•MLS# PW-23059417

Property Description

New Construction - Welcome to this luxurious Acacia, Coastal Contemporary home located in The Parklands at The Meadows. This home features: an impressive 31' high entrance, gourmet kitchen with center island, bar seating, 36" 6-burner commercial style gas range top, 4 bedrooms and 3.5 baths. The third-floor bedroom, full bath, loft and deck is ideal for multi-generational families, a home office, fitness area, or entertainment space. The Primary Suite includes spa-like bath with dual vanities, lavish shower and a spacious walk-in closet. This home comes complete with a designer appointed upgrade package including a 4.9kW solar system. Buyer can select additional finishes at the Design Studio to personalize this home. The Meadows is an amenity-rich luxury master plan community centrally located in Lake Forest, with a resort-style recreation center with private clubhouse, two pools, two spas, outdoor BBQs, 7 parks, and no Mello Roos.

Features & Amenities

FeeBuilt 2023

Property Details

Subdivision
Other
Land Type
Fee
Year Built
2023
Property Type
Residential
Property Subtype
Single Family Residence
Parking Spaces
4
Garage Spaces
2
Heating
Zoned, Central, Forced Air
Cooling
Central Air, ENERGY STAR Qualified Equipment
Flooring
Carpet, Tile
Roof
Concrete
City
Lake Forest
Zip Code
92630
County
Orange
Listed byToll Brothers Real Estate, Inc, Graig Lee

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,560.73
Principal & Interest
Loan Amount
$1,354,400
Total Interest
$1,727,463
Total Payment Over 30 Years
$3,081,863
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

Luxury Tier · 5 active · 5 closed

121 Reyes Alley, Lake Forest, CA 92630

Other · Lake Forest · Single Family Residence

$1.69M
Luxury Tier
Beds
4
Baths
4
Sqft
2,782
Lot
3,095 sqft
Year
2023
$/Sqft
$609
Pool: Yes✓
Spa: Yes✓
Garage: 2-car✓

Listed 9.9% below the median closed sale of $1,880,000. Closed comps sold at 95% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $1.69M· $609/sqft
Total list price
Closed comps
vs closed median $1.88M
−$187K (−9.9%)
Active comps
vs active median $1.77M
−$82K (−4.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $726
−$117 (−16.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
111 Edna ParkwayLake Forest2022442,5144,041$870$2.19M4783
200 LongdenLake Forest2023442,3633,220$762$1.80M18382
22 Willow WayLake Forest2013432,3353,215$612$1.43M2479
10 WillowLake Forest2013432,3563,422$649$1.53M10677
58 MariposaLake Forest2015432,4124,074$736$1.77M1673
Total: 5 · Average4.03.42,3963,594.4$725.8$1.74M75.2
Median2,363$1.77M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
137 Primrose DriveLake Forest201608/21/2026442,4143,195$1.49M$1.43M$5920.968683
27 HeronLake Forest201610/07/2026442,8704,028$2.00M$1.88M$6550.9413779
19566 DoradoLake Forest199109/14/2026432,2843,520$1.19M$1.14M$4990.9614273
161 WalworthLake Forest202208/12/2026553,1763,852$2.25M$2.00M$6300.8914472
141 Wild FlowerLake Forest202408/31/2026553,0574,056$2.35M$2.35M$7691.004672
Total: 5 · Average4.44.22,760.23,730.2$1.76M$1.76M$629—111
Median2,870$1.88M$1.88M

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.