REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,695,000
Est. payment /mo
Open Sun 12PM-2PM
24092 Gemwood Drive Lake Forest, CA 92630
7 Beds
0.37 Acres Lot
Open House
Sun Nov 16, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Laguna North (Ln)
MLS Listing ID OC25247917
Bedrooms 7
Lot Size 0.370 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
An exceptionally rare and secluded sanctuary property, where a large single-story ranch house sits on a massive 16,113 sqft flat lot at the end of a cul-de-sac in a quiet family neighborhood. This residence offers approximately 2,500 sqft of living space and features 5 bedrooms and 2.5 baths, plus additional living areas which may present future utility. Has been used as a Daycare for a long time. The property offers tremendous flexibility and is perfect for a multi-generational estate, a unique business use, or a substantial investment opportunity. The expansive lot is a true paradise for large events, featuring a resort-caliber redwood gazebo, outdoor cooking area, wide array of mature fruit trees, and an enormous paved area with room for 12+ cars or multiple RVs/boats. Leverage this property and its huge lot to create your own masterpiece, build, expand, add a pool and or alternate income producing opportunities. The property will be delivered vacant at COE. Very close to ample shopping, entertainment, and major freeways. A large Single Story property with such giant flat and usable backyard is extremely rare in south orange county, Act Fast. Only shown during scheduled Open House.
Location
State CA
County Orange
Zoning Assessor
Direction From the I-5 Freeway, El Toro Rd north, right on Rockfield, right on Landsview, Right on Penfield, left on Gemwood, turn left on
Interior
Cooling Central Forced Air
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 61721301
Listed by Dean Harizavi ARTA Financial Services