5502 Heritage Oak Dr Lake Forest, CA 92679
Portola Hills NeighborhoodEstimated payment $20,810/month
Highlights
- Very Popular Property
- Primary Bedroom Suite
- City Lights View
- Portola Hills Elementary School Rated A
- All Bedrooms Downstairs
- Loft
About This Home
Presenting an extraordinary opportunity to own a breathtaking architectural masterpiece that redefines modern luxury. This newly constructed residence combines exceptional design with unparalleled craftsmanship, offering sweeping panoramic views that elevate the living experience. Nestled within the highly sought-after and secure gated community of Portola Hills, this home promises both privacy and exclusivity. Upon entering, you are welcomed by a grand, hotel-inspired central foyer adorned with upgraded marble flooring and custom exhibition cabinetry, all complemented by soaring double-height ceilings. The home’s thoughtful design includes a versatile downstairs bedroom and adjacent bathroom, ideal for guests or as a private home office.The chef’s kitchen is a culinary enthusiast’s dream, featuring premium cabinetry, stunning granite countertops, a spacious walk-in pantry, and a large center island. A second, fully-equipped kitchen further enhances the home’s entertaining potential, ensuring a seamless cooking experience for family and guests.Ascending the grand curved staircase, you are greeted by the opulent primary suite, which offers unrivaled views of the surrounding mountains and sunsets. The private balcony overlooks the enchanting City Lights Canyon and park vistas, providing the perfect setting for relaxation. The indulgent primary bath features a luxurious walk-in shower, a soaking tub, dual vanities, and two expansive walk-in closets, offering a spa-like retreat within the comfort of your own home. The California Room, an upgraded extension of the living space, serves as a light-filled sanctuary. With a cozy fireplace and four-panel sliding doors that open to the outdoors, this versatile room invites relaxation or elegant entertaining.
The expansive backyard offers endless possibilities for outdoor living, with ample space for a custom garden, outdoor seating, dining areas, or the addition of a pool and spa. Additional features include no Mello Roos, a low tax rate, and a low HOA, making this home an exceptional value. Located near top-rated public schools, this community provides resort-style amenities, including a pool, spa, BBQ area, dog park, clubhouse, playground, hiking trails, and a party pavilion. With shopping, dining, and entertainment options just minutes away, this home offers the perfect balance of luxury, convenience, and tranquility.
Listing Agent
Pinnacle Real Estate Group Brokerage Phone: 626-677-6988 License #01947734 Listed on: 12/06/2025
Co-Listing Agent
Pinnacle Real Estate Group Brokerage Phone: 626-677-6988 License #01869026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $18,415
Year Built
- Built in 2020
Lot Details
- 6,584 Sq Ft Lot
- Density is up to 1 Unit/Acre
HOA Fees
- $395 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 5,200 Sq Ft Home
- 2-Story Property
- Formal Entry
- Family Room
- Living Room
- Home Office
- Loft
- City Lights Views
- Walk-In Pantry
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- All Bedrooms Down
- Primary Bedroom Suite
- Walk-In Closet
- Dressing Area
Laundry
- Laundry Room
- Laundry on upper level
Additional Features
- Urban Location
- Central Air
Listing and Financial Details
- Tax Lot 4769
- Tax Tract Number 17300
- Assessor Parcel Number 60651129
- $1 per year additional tax assessments
Community Details
Overview
- Portola Hills Association, Phone Number (949) 833-2600
- Saddleback Meadows Subdivision
Recreation
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,415 | $1,812,399 | $514,848 | $1,297,551 |
| 2024 | $18,415 | $1,776,862 | $504,753 | $1,272,109 |
| 2023 | $17,980 | $1,742,022 | $494,856 | $1,247,166 |
| 2022 | $17,730 | $1,707,865 | $485,153 | $1,222,712 |
| 2021 | $17,378 | $1,674,378 | $475,640 | $1,198,738 |
| 2020 | $279 | $24,848 | $24,848 | $0 |
| 2019 | $297 | $24,361 | $24,361 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/06/2025 12/06/25 | For Sale | $3,600,000 | -- | $692 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Accommodation/Courtesy Recordi | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | Wfg National Title | |
| Interfamily Deed Transfer | -- | Wfg National Title Company | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $1,674,500 | Fidelity National Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,000,000 | New Conventional | |
| Previous Owner | $1,092,000 | Construction |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS25272102
APN: 606-511-29
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