Daily Archives: May 15, 2008

Serrano Ridge Homes in Lake Forest California

Currently available homes in the Serrano Ridge neighborhood include 3 short sales and one bank owned home.  The prices range from $600,000 to $650,000 at this time.  There are 2 properties currently in escrow – one is a short sale, and the other appears to be a “normal” sale.  Only one home has closed this year – a bank owned home with 4 bedrooms and over 2300 sq feet.  It was sold for the full price of $580,000 within 14 days of coming on the market.

Serrano Ridge Homes in Lake Forest California

The Lake Forest Keys Waterfront Community in Lake Forest California

The 16 homes that are active in the MLS today range from a low of $499,900 for a short sale on the greenbelt, to $1.8 million for a newly constructed home with over 3800 square feet on one of the keys (not a point home.)  There is one REO today, priced at $545,000 for a 3 bedroom home on a greenbelt.  Pricing for waterfront homes with a dock currently starts at $789,900 for the smallest 3 bedroom model.

The closings this year have ranged from $569,000 for a small greenbelt home to $1.35 million for a large point home.  The least expensive waterfront to close this year was a 2200 square foot 2 story at $778,000 in February.

Lake Forest Keys Homes in Lake Forest California

Parkwood Estates in Lake Forest California

There are no short sales or foreclosures in the Parkwood Estate neighborhood!  So far this year, there has only been one closing, and there aren’t any in escrow today.  The 5 active listings range from $679,900 to $839,000.

Parkwood Estates Homes in Lake Forest Calfornia

Ranchwood Homes in Lake Forest California

Ranchwood has had one closing so far this year, and there is one short sale currently in escrow.  There is one REO currently in “hold” status, priced at $399,900 and another that was foreclosed in January and will probably come back on the market soon. 

Ranchwood Homes Year to Date 5-15-2008

The Oaks Homes in Lake Forest California

There are currently 4 homes on the market in The Oaks, and no sales yet this year.  One of the homes is a short sale. 

Sales of Homes in The Oaks Neighborhood of Lake Forest California