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22198 Cedar Pointe, 1F, Lake Forest, CA 92630

$489K2bd · 1ba · 957 sqft
Lot 174,115 sqft•HOA $510/mo•Condominium•
Active
•68d on market•MLS# PW-26170736

Property Description

Welcome to 22198 Cedar Pointe #1F, a beautifully remodeled upper-level condo located in the desirable Cedar Pointe community of Lake Forest! This move-in ready home offers a wonderful combination of modern upgrades, comfort, and convenience in a fantastic location. Step inside and enjoy a bright and inviting floor plan featuring beautiful wood flooring throughout, fresh interior paint, and updated finishes that create a warm and modern feel. The spacious living area is perfect for relaxing or entertaining and features a cozy fireplace that adds charm and character to the home. The remodeled kitchen offers a clean, updated design with modern features and includes the refrigerator for added convenience. The home also includes a washer and dryer, making this property truly move-in ready. This well-designed floor plan offers two comfortable bedrooms, an updated bathroom, central air conditioning and heating, and a private outdoor space to enjoy the peaceful Cedar Pointe community. Residents enjoy excellent community amenities including a sparkling pool, spa, beautifully landscaped greenbelts, and well-maintained common areas. The HOA provides a low-maintenance lifestyle while maintaining the community's attractive surroundings. Ideally located near shopping, restaurants, parks, entertainment, major freeways, toll roads, and the Irvine Spectrum area. Located within the highly regarded Saddleback Valley Unified School District, this remodeled Lake Forest condo is a fantastic opportunity for first-time buyers, downsizers, or investors looking for a turnkey home in a desirable community.

Features & Amenities

FeeBuilt 1982

Property Details

Land Type
Fee
Year Built
1982
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
3
Garage Spaces
0
Heating
Central
Cooling
Central Air
View
City Lights
Flooring
Wood
Roof
Composition
City
Lake Forest
Zip Code
92630
County
Orange
Listed byFirst Team Real Estate, Gilbert Suniga

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,472.65
Principal & Interest
Loan Amount
$391,200
Total Interest
$498,954
Total Payment Over 30 Years
$890,154
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

22198 Cedar Pointe, 1F, Lake Forest, CA 92630

Lake Forest · Condominium

$489K
Affordable Tier
Beds
2
Baths
1
Sqft
957
Lot
4.00 ac
Year
1982
$/Sqft
$511
Pool: Yes✓
Spa: Yes✓
View: city✓

Listed 10.3% below the median closed sale of $545,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $489K· $511/sqft
Total list price
Closed comps
vs closed median $545K
−$56K (−10.3%)
Active comps
vs active median $515K
−$26K (−5.0%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $598
−$87 (−14.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
21245 CameliaLake Forest198822953158,797$661$630,000491
25761 Le ParcLake Forest198321852201,893$604$515,0009686
20702 El Toro RoadLake Forest1980229160$491$450,00013586
25231 TanoakLake Forest1985221,022122,196$695$710,00015584
23280 OrangeLake Forest198022947870,887$539$510,00010882
Total: 5 · Average2.01.8938338,443.25$598$563,00099.6
Median947$515,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
25614 Mont PointeLake Forest198410/02/202622957162,510$489,000$489,000$5111.0023289
26342 Forest RidgeLake Forest198908/26/202622868173,239$598,000$598,000$6891.004086
18952 Canyon ViewLake Forest198609/15/202622954113,556$549,000$545,000$5710.9912984
23280 Orange AvenueLake Forest198009/29/202622947870,887$440,000$440,000$4651.007983
18966 Canyon SummitLake Forest198909/29/2026221,0380$582,000$575,000$5540.999681
Total: 5 · Average2.02.0952.8330,048$529,400$529,400$558—115.2
Median954$545,000$545,000

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.