671 Pelion
About This Property
Step inside to an open floor plan featuring a spacious great room and a modern gourmet kitchen with an oversized island, built-in GE Profile refrigerator, and walk-in pantry for abundant storage. A permitted enclosed California room extends your living space seamlessly to the huge backyard, where you'll enjoy breathtaking mountain and sunset views-perfect for entertaining or relaxing. The home features one bedroom with a full bath on the main level, ideal for guests or multigenerational living. Upstairs, you'll find four additional bedrooms, including a luxurious primary suite with a spa-inspired en-suite bathroom, private balcony, and spectacular panoramic mountain and sunset views. On the third floor, a versatile bonus room with its own balcony and half bath offers endless possibilities-home theater, game room, or home office.
Residents of Serrano Summit enjoy world-class amenities, including a resort-style pool and spa, BBQ and picnic areas, pickleball courts, pool table, firepit lounges, and more-all designed to capture stunning sunset views. Located within walking distance to the Lake Forest Civic Center and just minutes from shopping, dining, and top-rated schools, this home offers the ultimate Southern California lifestyle.
Don't miss your chance to own this modern retreat in one of Orange County's most desirable communities!
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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 |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Dec 14, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Price Decreased |
$2,470,000
↓ $69K
(2.7%) | |
| Price Decreased | |||
| Aug 22, 2025 | Listed by Real Broker | $2,539,000 | |
| Listed by Real Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017