21922 Raintree Lane
About This Property
Welcome to your dream home in the heart of Lake Forest, CA! This beautifully updated 3-bedroom, 2-bathroom single-family residence with a den offers an exceptional blend of comfort, style, and modern convenience-all nestled in a gated community with access to parks, hiking and biking trails.
A Home Designed for Living: With a two-car garage and a solar system (fully paid off!), this home is both practical and energy-efficient. The hardscape with brick ribbon trim adds curb appeal, while interior blinds provide privacy and style. Bosnian Oak laminate flooring flows seamlessly throughout, complementing the open and inviting floor plan.
The remodeled kitchen is a chef's delight, featuring:
* Custom range hood
* Glass-front cabinets with custom hardware pulls
* Self-closing drawers & pull-out shelves
* Large coffee bar with microwave & extra storage
* Recessed lighting for a bright, modern feel
* TV in upper cabinet stays
Living & Entertaining Spaces
The living room is warm and inviting, complete with a fireplace and recessed lighting-perfect for cozy nights in. The original slider door has been upgraded to a French-style hardwood door with two operable sidelights, opening out to a beautiful natural habitat where you can watch birds and enjoy the peaceful surroundings.
Step outside to a thoughtfully designed backyard featuring:
* Artificial turf for easy maintenance
* Aluminum patio cover to keep things cool in summer and dry in winter
* Brick ribbon patio for a charming touch
* Sideyard gated dog run
Well-Appointed Bedrooms & Bathrooms
* The primary bedroom includes a custom-built Closet World design for ultimate organization.
* Both bathrooms feature custom tile work, adding a touch of luxury.
* The fourth bedroom is currently used as a study, complete with French doors, mounted TV, and premium sound system (speakers and subwoofer included!).
Convenience & Location
This home is packed with thoughtful features, including:
* 7 ceiling fans for comfort year-round
* Two hall closets-one for linens, one for extra storage
* EV charging possible with the paid-off solar system
* Short drive to schools, shopping, and Lake Forest Sports Park
Don't miss your chance to own this beautifully upgraded home in a prime Lake Forest location! Schedule a showing today and experience the perfect blend of comfort, functionality, and style.
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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 |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | Listed by Coldwell Banker Realty | $1,099,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017