NOT LISTED FOR SALE

605 Serrano Summit Dr Lake Forest, CA 92630

Estimated Value: $2,012,144 - $2,474,000

5 Beds
4 Baths
2,680 Sq Ft
$810/Sq Ft Est. Value

Highlights

  • City Lights View
  • Clubhouse
  • Pickleball Courts
  • Rancho Canada Elementary School Rated A-
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of April 2024

Welcome to a rare opportunity to reside in a meticulously designed FULLY FURNISHED home situated on a sprawling lot that boasts panoramic sunset views and a captivating cityscape, all while enjoying the serenity of no rear neighbors.
The grandeur of this residence is evident from the moment you step inside. A thoughtfully crafted open floor plan beckons, seamlessly connecting the living spaces. Adorned with stainless steel appliances, an expansive island, and upgraded cabinetry featuring soft-close hinges, this kitchen is a culinary enthusiast's dream. The first floor showcases a full bedroom and bathroom, an ideal arrangement for accommodating guests or setting up a private office. Step out from the sliding door into your own outdoor paradise where the backyard unfolds with a delightful array of features. Amongst the lush surroundings, discover thriving fruit trees, a perfectly manicured putting green for golf enthusiasts, and a serene outdoor seating area.
Venturing to the second floor, you'll find the owner's suite, a true sanctuary of elegance. Step out onto your private deck and relish in the breathtaking views that stretch beyond. The owner's bathroom boasts dual vanities, offering ample space, and an expansive walk-in closet that caters to your storage needs with ease. Three additional generously sized guest rooms are also located on this level, accompanied by two bathrooms.
The HOA provides access to a wealth of recreational facilities, including a resort-style swimming pool, inviting Jacuzzi, cozy cabanas, BBQ areas, outdoor fireplaces, indoor and outdoor event spaces, billiard tables, meeting rooms, and multiple parks complete with playgrounds pickle ball courts and basketball courts.
This remarkable home is fortified with an array of energy-efficient features, including solar panels, a tankless water heater, reverse osmosis water filter system, and LED lighting and dual-glazed low-e windows. Just a brief five-minute drive away, the renowned Foothill Ranch Shopping Center beckons with an array of dining and shopping options, including Target, Home Depot, Ralphs, Walmart, CVS, and Regal Cinema. Irvine Spectrum, OC beaches, and the Orange County Great Park are also just minutes away. With convenient access to the 405, 5, and 241 freeways, commuting and exploration are effortless. Elevate your lifestyle to new heights and discover the epitome of luxury living!

Last Agent to Rent the Property

Caroline Jin

Real Broker License #02147629 Listed on: 02/04/2024

Real Broker

Last Renter's Agent

Caroline Jin

Real Broker License #02147629 Listed on: 02/04/2024

Real Broker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2022

Lot Details

  • 5,038 Sq Ft Lot
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,680 Sq Ft Home
  • 2-Story Property
  • Furniture Can Be Negotiated
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air

Listing and Financial Details

  • Security Deposit $10,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 3/14/24
  • Tax Lot 15
  • Assessor Parcel Number 61071223

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • Serrano Park I Subdivision

Amenities

  • Clubhouse

Recreation

  • Pickleball Courts
  • Community Pool
  • Community Spa
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 2022

Lot Details

0

Parking

2

Rental Info

  • Available Date: 2024-03-14
  • Credit Check Paid By: Tenant
  • Deposit Security: 10000
  • Furnished: Negotiable
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Subdivision Name Other: Serrano Park I (SP)
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 61071223
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2680.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 2.61
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet

Exterior Features

  • View: City Lights, Mountain(s), Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pickleball, Pool, Spa/Hot Tub, Clubhouse, Maintenance Front Yard
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5038.00
  • Lot Size Acres: 0.1157

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 5038.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 524.25
  • Tax Lot: 15
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Lennar Homes Of California Llc
Bought by
Tan Xingdi and Li Liyuan
Current Estimated Value
$2,171,036

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,406,392
Interest Rate
4.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tan Xingdi $1,758,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Xingdi $1,406,392
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Rented $7,000 0.0% --
04/05/2024 04/05/24 For Rent $7,000 0.0% --
04/05/2024 04/05/24 Off Market $7,000 -- --
02/11/2024 02/11/24 Price Changed $7,000 -6.7% $3 / Sq Ft
02/04/2024 02/04/24 For Rent $7,500 0.0% --
08/16/2023 08/16/23 Rented $7,500 0.0% --
08/11/2023 08/11/23 For Rent $7,500 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $19,373 $1,865,591 $1,123,367 $742,224
2024 $19,373 $1,829,011 $1,101,340 $727,671
2023 $18,918 $1,793,149 $1,079,746 $713,403
2022 $4,222 $391,208 $391,208 $0
2021 $4,138 $383,538 $383,538 $0
2020 $3,982 $368,557 $368,557 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24025324

California Regional Multiple Listing Service (CRMLS)

APN: 610-712-23