24092 Gemwood Drive, Lake Forest, CA 92630

Lake Forest
Local realty services provided by:ERA Excel Realty
24092 Gemwood Drive,Lake Forest, CA 92630
$1,749,900
  • 5 Beds
  • 3 Baths
  • 2,351 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sun, May 31
    01:00 pm - 03:00 pm
Listed by: reza shirangi
Office: the oppenheim group949-706-4974
MLS#:OC26108246
Source:CRMLS

Price summary

  • Price:$1,749,900
  • Price per sq. ft.:$744.32

About this home

Rare Value-Add Opportunity in Lake Forest | 16,113 SqFt Lot at the End of a Cul-de-Sac! 24092 Gemwood Drive presents a rare investment opportunity in one of South Orange County's most sought-after submarkets. Tucked at the end of a quiet cul-de-sac, this single-story ranch sits on a massive 16,113 sqft flat lot, a footprint that's nearly impossible to replicate in today's Lake Forest market and one that opens the door to significant upside potential. The existing residence offers approximately 2,500 sqft of living space with 5 bedrooms, 2.5 bathrooms, and additional bonus spaces that expand the property's income and use potential, ideal for multi-generational living, ADU conversion, rental income, or a dedicated home office setup. With strong rental demand in the area and limited inventory of lots this size, the income and appreciation upside is substantial. The grounds deliver immediate lifestyle value while preserving long-term development flexibility. An expansive concrete...

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Home facts

  • Year built:1965
  • Listing ID #:OC26108246
  • Added:4 day(s) ago
  • Updated:May 25, 2026 at 05:40 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Full bathrooms:2
  • Kitchen Description:Gas Range
  • Bedroom Description:All Bedrooms Down
  • Living area:2,351 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace
  • Central air:Yes

Structure and exterior

  • Year built:1965
  • Building area:2,351 sq. ft.
  • Lot area:0.37 Acres
  • Lot Features:Irregular Lot
  • Levels:1 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer, Sewer Connected

Finances and disclosures

  • Price:$1,749,900
  • Price per sq. ft.:$744.32

Features and amenities

  • Appliances:Gas Range
  • Laundry features:Outside
Based on information from California Regional Multiple Listing Service, Inc. as of May 25, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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