24092 Gemwood Drive, Lake Forest, CA 92630
24092 Gemwood Drive, Lake Forest, CA 92630
24092 Gemwood Drive, Lake Forest, CA 92630
22
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$1,749,900
Est. payment /mo
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5 Beds
3 Baths
2,351 SqFt
Active

24092 Gemwood Drive Lake Forest, CA 92630

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Liz Morehouse

Liz Morehouse

+1(760) 936-1572

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,351 sqft

Price per Sqft $744

MLS Listing ID OC26108246

Bedrooms 5

Full Baths 2

Half Baths 1

Year Built 1965

Lot Size 0.370 Acres

Property Sub-Type Detached

Property Description

Rare Single-Story Estate on a Massive 16,113 Sq Ft Cul-de-Sac Lot in Lake Forest | Endless Space, Privacy & Future Potential Located at the end of a quiet cul-de-sac in one of South Orange Countys most desirable neighborhoods, 24092 Gemwood Drive presents a truly rare opportunity to own a spacious, versatile estate with exceptional land value and long-term potential. This single-story ranch-style residence offers approximately 2,500 sq ft of living space, featuring 5 bedrooms and 2.5 bathrooms, along with additional flexible areas ideal for a home office, guest quarters, or multi-generational living. The functional layout provides comfort, privacy, and adaptability for a wide range of lifestyles. Set on a fully usable flat lot of 16,113 sq ft, the outdoor space is a standout feature rarely found in todays market. The grounds include mature palm trees, fruit trees, a large concrete courtyard, a dedicated play area, and a custom-built covered pavilion designed for large gatherings and entertaining. The oversized driveway accommodates 15+ vehicles, RVs, boats, and additional recreational storage with ease. A major highlight of this property is its exceptional development flexibility. The lot offers strong potential for the addition of multiple ADUs (Accessory Dwelling Units) or other expansion options (buyer to verify zoning, permits, and city requirements), making it ideal for multi-generational living, rental income strategies, or long-term investment growth. Historically utilized in an institutional capacity, this unique property offers exceptional versatility and may lend

Location

State CA

County Orange

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 first Cul de Sac, house at end of CDS. Cross Streets: Rockfield/El Toro Rd

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Appliance Gas Range

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

View Y/N Yes

Water Access Desc Public

View Trees/Woods

Building

Story 1

Sewer Public Sewer

Water Public

Level or Stories 1

Others

Senior Community No

Tax ID 61721301

Acceptable Financing Cash, Cash To Existing Loan, Cash To New Loan, Conventional, Exchange, FHA

Listing Terms Cash, Cash To Existing Loan, Cash To New Loan, Conventional, Exchange, FHA

Special Listing Condition Standard

MLS Router / San Diego MLS
Listed by Reza Shirangi, DRE#01293969 The Oppenheim Group 

NEARBY SCHOOL & BUSINESS

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Liz Morehouse

Liz Morehouse

Agent | License ID: 02125172

+1(760) 936-1572

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24092 Gemwood Drive