20972 Calle Celeste
About This Property
Energy-efficient and meticulously maintained, the home includes PAID-IN-FULL solar, copper rewiring + new electrical panel, PEX re-piping, a tankless water heater, whole house water treatment system, whole house fan, newer A/C, upgraded sprinklers/irrigation, and ceiling fans in every room.
Outdoor living is a dream with low-maintenance front and back turf, succulents, upgraded exterior lighting, a rock patio seating area, a covered patio, gutters, and a built-in BBQ-plus pet-friendly turf in the backyard for easy care. The spacious three-car garage includes built-ins and a newer garage door.
Residents of Serrano Park enjoy two pools, two sets of tennis courts, two parks, scenic greenbelt trails, and a low HOA with frequent community events. The location is unbeatable-just minutes to the Great Park, Irvine Spectrum, top shopping and dining, and quick access to the 5, 405, and toll roads.
Fully remodeled, energy-efficient, and ideally located, this rare single-story home is an exceptional opportunity in one of Lake Forest's most beloved neighborhoods.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Dec 7, 2025 | Listed by Real Broker | $1,333,446 | |
| Listed by Real Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017