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For Sale|CondominiumActive

20702 El Toro 283, Lake Forest, CA 92630

  • 1 bed
  • 1 bath
  • 686 sq ft
  • Built 1980

MLS# OC26142434 · Listed Jul 3, 2026 · 93 Days On Site

Subdivision Pheasant Creek

14 condos sold in the past 12 months · median $422,000

See the 7 other homes for sale

The home

About 20702 El Toro 283

Welcome to Pheasant Creek, where peaceful, tree-lined surroundings meet everyday convenience in the heart of Lake Forest. This beautifully renovated lower-level one-bedroom, one-bath condo offers the kind of easy, turnkey living buyers hope to find—no stairs, a private patio, covered carport PARKING, LAUNDRY, and thoughtful STORAGE throughout. Inside, this newly renovated home feels fresh, functional, and move-in ready with warm flooring, recessed lighting, neutral paint, an updated kitchen, stainless steel appliances, quartz countertops, a large undermount sink, and a clever built-in pantry/spice cabinet that makes the kitchen live larger than expected. The dining area opens naturally to the kitchen and living room, creating a comfortable layout for everyday meals, working from home, or hosting a friend for coffee. The spacious bedroom includes a walk-in closet, with additional built-in storage in the hall cabinet, kitchen pantry, and private side-by-side laundry closet on the patio, adding the kind of practical storage rarely found in a one-bedroom home. The full bathroom has been beautifully renovated with quartz counters, an undermount sink for easy cleaning, updated fixtures, tile flooring, and a tub/shower with classic subway tile and glass accent detail. The patio offers gentle morning light and shade later in the day—perfect for slow mornings, fresh air, or an evening unwind. Pheasant Creek is known for its peaceful natural setting with mature trees, streams, ducks, turtles, and walking paths throughout the community. Residents enjoy resort-style amenities including a pool, hot tub, tennis courts, a basketball court, and generous guest parking. HOA dues INCLUDE WATER, TRASH, and EXTERIOR MAINTENANCE, and the community is FHA LOAN APPROVED. Conveniently located near parks, shopping, dining, coffee, the Aliso Creek Bikeway, major freeways, and toll road access, this home blends comfort, style, affordability, and the relaxed lifestyle you're seeking.

Property details for 20702 El Toro 283

This 1-bedroom, 1-bath condo sits in the Pheasant Creek neighborhood of Lake Forest in Orange County. It offers 686 square feet of living space and is listed at $399,000, about $582 per square foot. The home was built in 1980. The MLS record lists the assessor parcel number as 938-741-23. Highlights include a community pool and spa, single-story living, air conditioning, and an updated home. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.

Specifications

Home Details

At a glance

Price
$399,000
Days On Site
93 Days
Bedrooms
1
Inside Area (SqFt)
686 sqft
Total Baths
1
Full Baths
1
Partial Baths
N/A
Lot Size
N/A
Year Built
1980
MLS® Number
OC26142434
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
$505.54 monthly
Sq Ft Source
Assessor

General Features

Property Type
Condominium
MLS Number
OC26142434
Year Built
1980
Living Area (sq ft)
686
Living Area Source
Assessor
Lot Size (sq ft)
362,186
Lot Size (acres)
8.3146
Levels
One
Bedrooms
1
Full Baths
1
Parking Spaces
1
View
None
HOA Dues
$505.54
HOA Frequency
Monthly
HOA Name
Pheasant Creek-El Toro Condo Assoc.
Parcel Number
93874123
On Market Date
2026-07-03
Zoning
R-1
Listing Terms
Standard

Interior Features

Interior Features
Built In Features, Ceiling Fans, Separate Formal Dining Room, Open Floorplan, Pantry, Quartz Counters, Recessed Lighting, Storage, All Bedrooms Down, Bedroom On Main Level, Main Level Primary, Primary Suite, Walk In Closets
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator, Dryer, Washer
Flooring
Tile, Vinyl
Heating
Electric
Cooling
Wall Window Units
Fireplace
None
Laundry
Washer Hookup, Laundry Closet
Main Level Bedrooms
1
Main Level Bathrooms
1
Entry Level
1
Common Walls
Two Common Walls Or More, No One Below
Accessibility
No Stairs, Accessible Doors
Rooms
Other, Bathroom, Kitchen, Dining Room, Primary Bedroom, Laundry, Bedroom, Primary Bathroom

Exterior Features

Exterior Features
Sport Court
Lot Features
Close To Clubhouse
Patio and Porch
Concrete, Covered, Enclosed, Front Porch, Patio
Parking
Assigned, Covered, One Space
Fencing
None
Pool Features
Community, In Ground, Association
Spa
Community
Sewer
Public Sewer
Water
Public
Utilities
Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
Condition
Updated Remodeled, Turnkey
Units
596

Community Features

Subdivision
Pheasant Creek (PC)
Community Features
Curbs, Sidewalks, Pool
Association Amenities
Sport Court, Pool, Spa Hot Tub, Tennis Courts
Security
Carbon Monoxide Detectors, Fire Detection System, Smoke Detectors

The record

Property History for 20702 El Toro 283

DateEventPriceNote
Jul 3, 2026 Listed for sale $429,000

Cost of ownership

Estimated monthly payment

7.03% · 30-yr fixed
$
$3,514/mo
10% down · 30-year fixed · $39,900 down
Principal & interest$2,396
Mortgage insurance (est., over 80% LTV)$150
Property tax (est. 1.04%)$346
Home insurance (rough est., varies widely)$116
HOA from listing$506
$3,098/mo
20% down · 30-year fixed · $79,800 down
Principal & interest$2,130
Property tax (est. 1.04%)$346
Home insurance (rough est., varies widely)$116
HOA from listing$506
$2,832/mo
30% down · 30-year fixed · $119,700 down
Principal & interest$1,864
Property tax (est. 1.04%)$346
Home insurance (rough est., varies widely)$116
HOA from listing$506
Estimated carrying cost
$968/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.04%)$346
Home insurance (rough est., varies widely)$116
HOA from listing$506

Estimate only, not a loan offer or quote. Principal and interest use the Freddie Mac 30-year fixed average of 7.03% (week of Sep 24, 2026); your rate will differ. Tax and insurance are modelled, not billed amounts; tax uses a typical Lake Forest rate, excluding Mello-Roos. Verify all figures. Full assumptions and disclosures.

Next steps

Buying 20702 El Toro 283

Want to see 20702 El Toro 283 in person? We have guided buyers through Pheasant Creek and the wider Lake Forest market since 1983. Call to arrange a private tour, or send a note and we'll follow up.

Call (949) 494-8830

Selling near 20702 El Toro 283

Thinking of selling nearby? We bring current Pheasant Creek sales data and a clear pricing strategy to every listing, backed by more than 700 closed sales and over $1B in Orange County volume. Start with a free home valuation, or reach out to talk through your options.

Free home valuation

The neighborhood

About Lake Forest

Set in the Saddleback Valley of South Orange County and named for two man-made lakes, Lake Forest grew from the former El Toro community and the eucalyptus groves Dwight Whiting planted. Served entirely by the Saddleback Valley Unified School District, the city folds in the Foothill Ranch and Portola Hills districts near Whiting Ranch Wilderness Park.

Pheasant Creek home sales, past 12 months

Homes sold
14
Median price
$422,000
Median days on market
15
Median per sq ft
$619

Recorded MLS closings of condos, Sep 27, 2025 to Sep 27, 2026. Days on market run from listing to going under contract.

Price per square foot against recent Pheasant Creek sales

This home, asking 12-month median Recent sales, listed below

At $582 per square foot, this home's asking price is 6% below the Pheasant Creek median of $619 for condos that closed in the past 12 months.

Recent Pheasant Creek sales

AddressClosedPriceSq ftPer sq ftDays on market
20702 El Toro Rd 69 Sep 17, 2026 $380,000 560 $679 41
20702 El Toro Rd 317 Sep 17, 2026 $412,500 710 $581 64
20702 El Toro 284 Jun 16, 2026 $419,000 686 $611 9
20702 El Toro 390 Jun 3, 2026 $417,000 686 $608 6
20702 El Toro Road 94 May 26, 2026 $415,000 686 $605 19

Schools

Schools for 20702 El Toro 283

As listed in the MLS record. Confirm attendance boundaries with the school district.

Elementary
Lake Forest
Middle
Serrano Intermediate
High
Trabucco Hills
District
Saddleback Valley Unified

Living in Lake Forest covers its schools, parks and beaches.

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Listed by Andrea Cochran of Regency Real Estate Brokers

Listing information updated Sep 29, 2026 at 1:07 PM PT. Source: CRMLS.

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