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21805 Michigan Ln, Lake Forest, CA 92630

Sale Price: $2,820,000
Mar 11, 20242,347 sqft3 beds2 baths
Listed by: Shant Kizirian
License #: 02083639
Phone #: 9496099838
Pacific Sotheby's Int'l Realty
Source:
CRMLS Logo
MLS #: OC24043500

Property Description

Casa de Palma, an irreplaceable, iconic, and timeless waterfront residence. Encircled by an unthinkable 175 feet of water frontage, this is a true legacy property. Held for almost 15 years, a point home of this stature hasn’t hit the market in almost half a decade. Resort quality entertainment is seamless with the gracious main room that opens out to the expansive wraparound terrace. Enveloped with water views from every corner and surrounded by mature landscaping, every detail of this property has been meticulously kept up. Each space of this remarkable home is a statement of refined design and tasteful finishes. All three bedrooms of the property have direct lakefront views, which can only be said for a select few homes. The master suite has the ambience of a bygone era, with its towering ceiling heights and enduring style, it transports you to a vacation destination. Including an elegant en-suite with a sizable walk-in closet, this room offers yet another surprise. You’ll notice a stairway in the bedroom, this leads you to a private loft which can double as an office or be turned into a tranquil enclave, which gives you a completely different perspective of the water below. While sounding cliché, this statement truly holds up once you experience it for yourself, nothing compares to a point home.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$43,104

TurboHome Estimated Value

$2,881,800

$1,228 sqft

High Valuation
$3,025,890
$1289/sqft
Normal Valuation
$2,881,800
$1228/sqft
Low Valuation
$2,737,710
$1166/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$1228/sqft$2,881,800

Neighborhood: Lake Forest Keys (LK)

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Comparative Value

$1.75M

$1.94M

$2.06M

$2.67M

$2.82M

$2.89M

21655 Superior Ln, Lake Forest, CA 92630

Sale Price: $1,755,000

Selected Comparable

21942 Yellowstone Ln, Lake Forest, CA 92630

Sale Price: $1,935,000

Selected Comparable

21745 Tahoe Ln, Lake Forest, CA 92630

Sale Price: $2,060,000

Selected Comparable

21845 Ticonderoga Ln, Lake Forest, CA 92630

Sale Price: $2,675,000

Selected Comparable

21805 Michigan Ln, Lake Forest, CA 92630

Sale Price: $2,820,000

Selected Comparable

21805 Michigan Ln, Lake Forest, CA 92630

List Price: $2,890,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
21805 Michigan Ln, Lake Forest, CA 92630

21805 Michigan Ln, Lake Forest, CA 92630

List: $2,890,000

Listed: 3/11/2024

Area:2,347 sqft
Price/sqft:$1,231
Beds:3
Baths:2
Year Built:
Lot Size:6,250

Comparable Properties

COMPARABLE
Choose comps
21805 Michigan Ln, Lake Forest, CA 92630

21805 Michigan Ln, Lake Forest, CA 92630

Sale: $2,820,000

8/30/20240.00 mi

Area:2,347 sqft
Price/sqft:$1,202
Beds:3
Baths:2
Year Built:
Weight:24.4%
21942 Yellowstone Ln, Lake Forest, CA 92630

21942 Yellowstone Ln, Lake Forest, CA 92630

Sale: $1,935,000

11/12/20240.45 mi

Area:2,208 sqft
Price/sqft:$876
Beds:3
Baths:3
Year Built:
Weight:19.5%
21745 Tahoe Ln, Lake Forest, CA 92630

21745 Tahoe Ln, Lake Forest, CA 92630

Sale: $2,060,000

5/5/20250.21 mi

Area:1,812 sqft
Price/sqft:$1,137
Beds:3
Baths:3
Year Built:
Weight:19.2%
21655 Superior Ln, Lake Forest, CA 92630

21655 Superior Ln, Lake Forest, CA 92630

Sale: $1,755,000

5/13/20250.19 mi

Area:2,337 sqft
Price/sqft:$751
Beds:4
Baths:3
Year Built:
Weight:18.7%
21845 Ticonderoga Ln, Lake Forest, CA 92630

21845 Ticonderoga Ln, Lake Forest, CA 92630

Sale: $2,675,000

8/28/20240.23 mi

Area:2,705 sqft
Price/sqft:$989
Beds:3
Baths:3
Year Built:
Weight:18.2%

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