406 El Paseo

Lake Forest CA 92610

1423 sq. ft.

30563 sq. ft.

Townhouse

Last sold for $875,000

Valerie Neeley, last sold this property on 08 June 2026 after 80 days on market.

Overview

Beautifully updated 2-bedroom townhome WITH office/flex space and 2 full bathrooms located in the highly desirable gated community of El Paseo. Offering a rare layout with no one above or below, this two-story residence combines privacy, functionality, and modern upgrades in one of Foothill Ranch’s most sought-after neighborhoods with lower HOAs and resort style community amenities. As you enter the home, you’re greeted by a spacious first-floor flex space—perfectly suited as a home office, gym, media room, or guest retreat, with the option to enclose for a third bedroom. This level also features direct access to the attached two-car garage, complete with EV hookup (charger not included). Upstairs, the main living area is filled with natural light and designed for effortless living and entertaining. The open-concept layout seamlessly connects the kitchen, dining, and living spaces, flowing out to a private covered balcony—ideal for morning coffee or evening relaxation. The kitchen is both stylish and functional, featuring granite countertops, a large center island with bar seating, white cabinetry, stainless steel appliances, a newer dishwasher, and updated black hardware and fixtures for a modern touch. Additional counter top space with matching counters and cabinets located adjacent to kitchen island with a wine fridge. Both bathrooms have been refreshed with brand new modern tile, enhancing the home’s clean, contemporary feel. The primary suite offers a peaceful retreat with high ceilings, a walk-in closet, and a well-appointed en suite bath with dual sinks and a walk-in shower. A generously sized secondary bedroom and full hallway bath provide comfort and convenience for family or guests. Additional highlights include luxury vinyl flooring, plantation shutters, recessed lighting, ceiling fans, and a convenient 2-in-1 washer/dryer. This home also features a 1-year-old Halo 5 whole-home water filtration system with a transferable 10-year warranty—providing added value and peace of mind. Residents of El Paseo enjoy access to resort-style amenities including a pool, clubhouse, and playground, all with low HOA and no Mello Roos. Ideally located near parks, hiking and biking trails, shopping, dining, and the 241 Toll Road, this home offers the perfect blend of lifestyle and location. A home that truly adapts to your lifestyle—modern, flexible, and move-in ready.

Features

2 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

1423 sq. ft. floor area

30563 sq. ft. lot size

Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Lake Forest over the last 12 months, the estimated median property value of 406 El Paseo is $750k.

Median value

$750k

Estimated value range

$655k - $875k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Lake Forest. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.