21821 Michigan Lane, Lake Forest, CA 92630
21821 Michigan Lane, Lake Forest, CA 92630
Property Description
Nestled in the prestigious Lake Forest Keys community, this home offers breathtaking panoramic views and an unparalleled waterfront lifestyle. Beautifully updated, this 4-bedroom, 3-bath home offers approximately 1,712 sq. ft. of inviting indoor-outdoor living, tranquil water views, and a serene location. With a dream-like backyard and a private dock with direct lake access, you can enjoy sunset vistas from the water’s edge or from the comfort of your primary suite balcony. The spacious living room is anchored by a wood-burning fireplace and opens directly to the covered lakeside patio. The kitchen features two-tone cabinetry and an adjacent breakfast nook to enjoy coffee in the mornings. The flexible floor plan includes a main-level bedroom and full bath, ideal for guests or a home office. Upstairs, the primary suite is a true retreat with lake views and a private balcony overlooking the water, an inviting spot to unwind at the end of the day. Two additional bedrooms and an updated bath complete the second level. Outdoor living is where this home truly shines. A private front courtyard, expansive covered rear patio with ceiling fans, and direct lake frontage with space for your private boat create multiple spaces to entertain family and friends and watch a beautiful sunset! Recent improvements include fresh interior and exterior paint, updated kitchen with quartz countertops, new LVP flooring and carpet throughout, new bath vanities, updated lighting, and modern finishes that give the home a fresh, move-in-ready feel. As a resident, you will have full access to the Sun and Sail Club, which includes: 5 swimming pools and 10 tennis courts, sand volleyball courts, a state-of-the-art fitness center, and access to the lake for fishing and various water activities. This home truly offers a "quiet life in the heart of the city. It's minutes away from the Great Park in Irvine & Foothill Town Center offering many dining options, supermarket & shopping destinations.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Lake Forest · Single Family Residence
Listed 4.9% above the median closed sale of $1,645,000. Price per sqft ($1,008) is a 33% premium to closed comps ($756). Closed comps sold at 102% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Aligned with the market — fair pricing for the comps.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 22627 Lakeside Lane | Lake Forest | 1976 | 4 | 3 | 2,030 | 3,450 | $860 | $1.75M | 90 | 84 |
| 24662 Toledo | Lake Forest | 1972 | 3 | 3 | 2,208 | 5,650 | $815 | $1.80M | 11 | 72 |
| 24262 Sparrow | Lake Forest | 1977 | 4 | 3 | 2,437 | 8,670 | $615 | $1.50M | 30 | 59 |
| 22145 Pheasant Street | Lake Forest | 1977 | 4 | 3 | 2,444 | 4,940 | $605 | $1.48M | 17 | 58 |
| 21081 Paseo Verdura | Lake Forest | 1978 | 4 | 3 | 2,050 | 8,250 | $731 | $1.50M | 234 | 57 |
| Total: 5 · Average | 3.8 | 3.0 | 2,233.8 | 6,192 | $725.2 | $1.60M | 76.4 | |||
| Median | 2,208 | $1.50M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24205 Okeechobee Lane | Lake Forest | 1976 | 07/17/2026 | 3 | 3 | 1,850 | 3,750 | $1.98M | $1.90M | $1,027 | 0.96 | 20 | 83 |
| 24302 Ontario Lane | Lake Forest | 1976 | 02/05/2026 | 4 | 3 | 1,975 | 3,600 | $1.60M | $1.81M | $916 | 1.13 | 12 | 75 |
| 21992 Cayuga Lane | Lake Forest | 1972 | 02/23/2026 | 4 | 3 | 2,679 | 3,600 | $1.55M | $1.55M | $578 | 1.00 | 41 | 68 |
| 21971 Sandra Street | Lake Forest | 1978 | 05/01/2026 | 4 | 3 | 2,751 | 5,865 | $1.57M | $1.65M | $598 | 1.04 | 37 | 51 |
| 24342 Cardinal | Lake Forest | 1977 | 04/07/2026 | 4 | 3 | 2,448 | 7,500 | $1.65M | $1.62M | $663 | 0.98 | 56 | 49 |
| Total: 5 · Average | 3.8 | 3.0 | 2,340.6 | 4,863 | $1.71M | $1.71M | $756.4 | — | 33.2 | ||||
| Median | 2,448 | $1.65M | $1.65M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.