$1,150,000
4Beds2Baths1,606SqFt
23841 PalmekLake Forest, CA 92630Laguna North
24541 Penfield Street, Lake Forest, CA 92630
- 4 beds
- 3 baths
- 2,093 sq ft
- 7,244 sq ft lot
- Built 1965
Subdivision Laguna North
7 single-family homes sold in the past 12 months · median $1,135,000
The home
About 24541 Penfield Street
Welcome to this beautifully transformed home, offering high-end finishes, flexible living space, and a thoughtfully designed ADU with its own private front patio and separate entrance.
The home has been completely remodeled with a sophisticated, contemporary aesthetic, featuring quality finishes, updated living spaces, and a light, inviting atmosphere throughout. The floor plan is designed for both everyday comfort and entertaining, while the separate ADU provides exceptional versatility for guests, extended family, a private office, or additional living space.
Outside, the property continues to impress with an oversized driveway providing abundant off-street parking and potential space for a smaller RV or recreational vehicle. The backyard offers mature fruit trees and additional outdoor space to relax, garden, or entertain.
Combining a high-end remodel, flexible ADU configuration, generous parking, and a desirable Lake Forest location, this home offers a rare opportunity for buyers seeking a turnkey home with added versatility and functionality.
Property details for 24541 Penfield Street
This 4-bedroom, 3-bath single-family home sits in the Laguna North neighborhood of Lake Forest in Orange County. It offers 2,093 square feet of living space and is listed at $995,000, about $475 per square foot. The home was built in 1965. The MLS record lists the assessor parcel number as 617-221-16. Highlights include city lights views, a fireplace, single-story living, a 7,244-square-foot lot, central air, 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
- $995,000
- Days On Site
- 52 Days
- Bedrooms
- 4
- Inside Area (SqFt)
- 2,093 sqft
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- N/A
- Lot Size
- 7,244 SqFt
- Year Built
- 1965
- MLS® Number
- OC26175286
- Status
- Pending
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- Estimated
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC26175286
- Year Built
- 1965
- Living Area (sq ft)
- 2,093
- Living Area Source
- Estimated
- Lot Size (sq ft)
- 7,245
- Lot Size (acres)
- 0.1663
- Levels
- One
- Bedrooms
- 4
- Full Baths
- 3
- Parking Spaces
- 4
- View
- City Lights, Neighborhood, Trees Woods
- Parcel Number
- 61722116
- On Market Date
- 2026-08-13
- Listing Terms
- Standard
Interior Features
- Interior Features
- Breakfast Bar, Built In Features, Separate Formal Dining Room, In Law Floorplan, Open Floorplan, Quartz Counters, All Bedrooms Down, Bedroom On Main Level, Entrance Foyer, French Doors Atrium Doors, Main Level Primary, Primary Suite, Walk In Closets
- Appliances
- Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Flooring
- Tile
- Heating
- Central, Natural Gas
- Cooling
- Central Air, Evaporative Cooling
- Fireplace
- Electric, Living Room
- Laundry
- Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
- Main Level Bedrooms
- 4
- Main Level Bathrooms
- 3
- Entry Level
- 1
- Common Walls
- No Common Walls
- Windows
- Double Pane Windows, Screens
- Doors
- Atrium Doors, Double Door Entry, Sliding Doors
- Accessibility
- No Stairs
- Rooms
- Other, Primary Bedroom, Bathroom, Kitchen, Dining Room, Laundry, Bedroom, Foyer, Living Room
Exterior Features
- Architectural Style
- Traditional
- Roof
- Shingle
- Construction
- Stucco
- Foundation
- Slab
- Lot Features
- Zero To One Unit Acre, Back Yard, Front Yard, Level, Yard
- Patio and Porch
- Patio, Stone
- Parking
- Driveway, Guest, Oversized, Rv Potential, Rv Access Parking, On Street
- Fencing
- Block, Wood
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
- Condition
- Updated Remodeled, Turnkey
- Units
- 2
Community Features
- Subdivision
- Laguna North (LN)
- Community Features
- Biking, Curbs, Park, Street Lights, Suburban
- Security
- Carbon Monoxide Detectors, Smoke Detectors
The record
Property History for 24541 Penfield Street
| Date | Event | Price | Note |
|---|---|---|---|
| Aug 13, 2026 | Relisted | $1,279,000 | |
| Mar 17, 2025 | Sold | $900,000 | Century 21 Masters |
Cost of ownership
Estimated monthly payment
7.03% · 30-yr fixed$
$7,501/mo
10% down · 30-year fixed · $99,500 down
Principal & interest$5,976
Mortgage insurance (est., over 80% LTV)$373
Property tax (est. 1.04%)$862
Home insurance (rough est., varies widely)$290
HOANot reported, not included
$6,464/mo
20% down · 30-year fixed · $199,000 down
Principal & interest$5,312
Property tax (est. 1.04%)$862
Home insurance (rough est., varies widely)$290
HOANot reported, not included
$5,800/mo
30% down · 30-year fixed · $298,500 down
Principal & interest$4,648
Property tax (est. 1.04%)$862
Home insurance (rough est., varies widely)$290
HOANot reported, not included
Estimated carrying cost
$1,152/mo
All cash · taxes and insurance only
Principal & interestNone (cash purchase)
Property tax (est. 1.04%)$862
Home insurance (rough est., varies widely)$290
HOANot reported, not included
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. A loan this size is typically a jumbo loan, which prices differently. 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 24541 Penfield Street
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Selling near 24541 Penfield Street
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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.
Laguna North home sales, past 12 months
- Homes sold
- 7
- Median price
- $1,135,000
- Median days on market
- 19
- Median per sq ft
- $710
Recorded MLS closings of single-family homes, Sep 27, 2025 to Sep 27, 2026. Days on market run from listing to going under contract.
Price per square foot against recent Laguna North sales
At $475 per square foot, this home's asking price is 33% below the Laguna North median of $710 for single-family homes that closed in the past 12 months.
Recent Laguna North sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 24132 Palmek Circle | Sep 2, 2026 | $1,135,000 | 1,696 | $669 | 117 |
| 23802 Palmek | Aug 14, 2026 | $1,120,250 | 1,144 | $979 | 0 |
| 24781 Belgreen Place | Jun 17, 2026 | $1,200,000 | 1,690 | $710 | 12 |
| 24741 Calle El Toro Grande | Apr 22, 2026 | $1,295,000 | 2,295 | $564 | 26 |
| 23862 Palmek | Apr 20, 2026 | $1,080,000 | 1,207 | $895 | 38 |
Schools
Schools for 24541 Penfield Street
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Olivewood
- Middle
- Los Aliso
- High
- Mission Viejo
- District
- Saddleback Valley Unified
Living in Lake Forest covers its schools, parks and beaches.
Location
Location
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Listed by Amin Zarif of HomeSmart, Evergreen Realty
Listing information updated Sep 21, 2026 at 4:01 PM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.