Category Archives: The Oaks

Lake Forest II Homes – Active Listings by Neighborhood

Here are the links to active, pending and backup statuses on the MLS today.

The Woods

Lake Forest Keys

Serrano Ridge

Ranchwood

Lakeside Park

Lake Park West

Indian Hills

Forest Creek

The Oaks

Serrano Woods

Parkwood Estates II

There are currently no listings on the MLS in Prairie Ridge, Parkwood Estates, or Park Place.  You could be the first this year – call me if you are thinking about buying or selling anywhere in Lake Forest.

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Vicki Lloyd

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2008 Sales

Sales in Lake Forest II were pretty slow in 2008, with the majority of them being either short sales, or bank owned.  The following reports are all PDFs and include all sales for each neighborhood in 2008.

The Oaks 2008 Sales

Ranchwood Sales 2008

The Woods Sales 2008

Lakeside Park Sales 2008

Lake Forest Keys Sales 2008

Indian Hills Sales 2008

Forest Creek Sales 2008

Serrano Woods Sales 2008

Lake Park West 2008 Sales

Parkwood Estates Sales 2008

Park Place Sales 2008

Prairie Ridge Sales 2008

Serrano Ridge Sales 2008

There were no closed sales in Parkwood Estates II neighborhood in 2008.

Lake Forest II Neighborhood Updates

There are only 31 active listings in Lake Forest II neighborhoods as of January 6, 2009 :

Forest Creek – 4 actives

Indian Hills – 2 actives

Lake Park West – 1 active

Lakeside Park – 2 actives

Lake Forest Keys – 10 actives

Parkwood Estates 2 – 1 active

Ranchwood – 2 actives

Serrano Ridge – 1 active

The Oaks – 4 actives

The Woods – 3 actives

There are currently no active listings in Serrano Woods Condos, Parkwood Estates, Park Place, or Prairie Ridge.  (If you have been thinking about selling, there is very little competition right now!) 

Lake Forest 2 Market Update 12/02/2008

I decided to update all the neighborhoods in one post today so you can see all the year-to-date activity for each neighborhood.  I am trying out a new report format, so let me know if you like it or not. 

I like this new report because it includes all the photos for each property, and will update itself if the price or status changes.  A new field called “Special Conditions” is under the property description and will tell you if the property is a short sale, or REO listing.  It also shows the $/square foot price of each property which I think may be valuable to the analytical types.  These links will all expire in 30 days, but I will provide all the new reports before then. 

Serrano Woods Condos

The Oaks

Forest Creek

Indian Hills

Lake Park West

Lakeside Park

Park Place

Parkwood Estates

Parkwood Estates 2

Prairie Ridge

Ranchwood Homes

Serrano Ridge

Lake Forest Keys

The Woods

The Oaks Homes in Lake Forest

It looks like the first closing in the Oaks neighborhood this year will be a bank-owned home.  It is one of the 4 bedroom single story homes that came on the market on August 22, priced at $474,900, and went in to escrow on September 15.   Since it was on the market more than a week, I will bet that the sale price will be somewhat less than asking.

When this closes, it will not help the comps for the other 5 listings that are on the market, but that is the state of our real estate market today.  Bank-owned homes have made up over 41% of all closings in Lake Forest for the most recent 90 days!

 Year to Date Activity for The Oaks

Here is a link to other posts about The Oaks

Neighborhood Updates in Lake Forest II – 8/24/2008

It has been pretty quiet the last week, but yesterday 4 new REO (bank-owned) listings came on the market.  There is a waterfront in the Lake Forest Keys priced at $763,900, a 4 bedroom, 2800 square foot house with 3 car garage priced at $579,900 in the Serrano Ridge neighborhood, a 2 bedroom condo in Lakeside Park at $255,000 and a 4 bedroom in the Oaks  priced at $474,900. 

These are all aggressively priced and are not expected to last very long.  Call me if you would like to see any of them.

Lakeside Park Homes in Lake Forest 

Lake Forest Keys Homes in Lake Forest

Serrano Ridge Homes in Lake Forest

The Oaks Homes in Lake Forest

Do you want to search for other homes?  Click here to view all 14,000+ homes in the MLS!

The Oaks Homes in Lake Forest California

The Oaks Homes in Lake Forest California
The Oaks Homes in Lake Forest California

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.

Latest real estate activity report for The Oaks Neighborhood in Lake Forest