There are currently 5 active listings in The Oaks neighborhood of Lake Forest – with at least one of each of the 4 floorplans. The list prices today range from $504,900 for the 1596 square foot “A” plan, to $659,000 for the 2100 square foot 2 story “D” plan. So far this year, there have still been no closings.
Recommending the correct price of a home in the Oaks is challenging because the turnover has always been low, and recent comps scarce. Most of the 164 homes are single story, and have strong appeal to “empty nesters” who are traditionally long term owners. They are “zero lot line” homes, with front doors located along the side of the house, rather than facing the street, and many of them have locking gates, making them feel more private and secure. The contemporary design of these homes includes high cathedral ceilings with windows located near the peak, and include open atriums inside the house. In 1974 when these homes were first built, the homebuilder won several awards for unique architecture.