ActiveResidential · sale

5 Chatri Circle

Lake Forest, CA 92610

$1,298,000

  • 4 beds
  • 3 baths
  • 1,800 sq ft
  • 0.08 acres
  • Built 1997

Listed by Berkshire Hathaway HomeService · MLS #OC26187978

5 Chatri Circle, Lake Forest, CA 92610 — photo 1 View full photo
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A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1997.

Garage parking

2 garage spaces listed.

Property size

0.08 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

Experience resortstyle living at its best in the highly desirable hillside community of Foothill Ranch Ideally located on a premium corner lot within a double culdesac treelined street this home offers exceptional curb appeal with a charming front yard inviting countrystyle porch The southfacing backyard provides a bright sunny orientation ideal for outdoor enjoymentUpon entry you are greeted by soaring twostory ceilings walls of windows that flood the formal living and dining rooms with abundant natural light The layout has been reimagined to optimize space creating a peaceful and highly functional family homeFully thoughtfully remodeled throughout this home features extensive upgrades including a redesigned gourmet kitchen and updated bathrooms new luxury wideplank vinyl flooring with new baseboards quartz countertops new piping in the kitchen new appliances fresh interior exterior paint 220V outlet for EV charger and a brandnew epoxy garage floor all contributing to a modern and refined feel The brandnew kitchen serves as the heart of the home featuring new cabinetry stainless steel appliances quartz countertops with full backsplash a waterfall peninsula island The kitchen flows seamlessly into the family room dining area with direct access to the backyardperfect for everyday living entertaining The spacious primary suite offers a walkin closet dual vanities a brand new remodeled walkin shower creating a true private retreat A convenient upstairs laundry area with builtin storage cabinets adds everyday functionalityEach bedroom features new recessed lighting brandnew LVP flooring and fresh paint The secondary bathroom has been fully remodeled from top to bottom including a new tub and shower new vanity updated flooring and upgraded lighting The mainfloor powder room has also been upgraded adding a refined touch for guestsExterior upgrades include fresh paint newer vinyl fencing and a redesigned lowmaintenance landscape The extralarge driveway provides ample parking with potential space for a boat or recreational vehicleResidents enjoy close proximity to one of five neighborhood parks featuring tennis basketball volleyball hockey courts and a childrens tot lot with covered play area The home is also conveniently located near awardwinning schools shopping dining theaters gyms and Whiting Ranch Wilderness Park with scenic hiking and mountain biking trails
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THE NEIGHBORHOOD

Explore the location.

5 Chatri Circle, Lake Forest, CA 92610

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THE DETAILS

The details, all in one place.

Property type
Residential
Category
Residential
Year built
1997
Full baths
2
Half baths
1
Garage spaces
2
Cooling
CentralAir
Heating
Central
Appliances
Dishwasher,FreeStandingRange,Freezer,Disposal,GasOven,GasRange,Microwave
Utilities
ElectricityConnected,NaturalGasConnected,SewerConnected
Fencing
NewCondition
Pool
No
Pool features
Community,Association
Spa
Yes
Subdivision
Canyonview (FHCN)
Parcel
60134319
HOA
Foothill Ranch Maintenance Corp
HOA amenities
SportCourt,MaintenanceGrounds,Management,OutdoorCookingArea,OtherCourts,PicnicArea,Playground,Pool,SpaHotTub,TennisCourts
HOA fee frequency
Monthly
HOA fee
$110.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—
Estimated monthly rent$5,408.33
Cap rate—

Annual operating income: —

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Your property and current assumptions will be included for our team to review.

Adjust assumptions
Purchase price
Rental income & operating costs

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

See its potential.
Have a plan for what follows.

Considering this property as a rental? Start with the numbers, then talk through the day-to-day with a local management team.

  1. Understand the opportunity.

    Review rental pricing, property condition and your ownership goals with a local professional.

  2. Make a strong first impression.

    Bring together property preparation, professional marketing and applicant screening.

  3. Stay connected to your investment.

    Get support with rent collection, resident communication, maintenance coordination and owner reporting.

Get a local rental estimateTalk through your management needs
Stone-front home with a landscaped lawn and central entry
A more complete plan for your property

LOCAL PEOPLE. SHARED COMMITMENT.

A team behind your next step.

From your first question to the everyday work of ownership, a conversation with the right person makes a difference.

Meet ERA Property Management

Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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5 Chatri Circle, Lake Forest, CA 92610 · MLS #OC26187978

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Listing information

MLS #OC26187978 · California Regional MLS

Listing brokerage: Berkshire Hathaway HomeService
Listing agent: Bita Tahmasebi

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.