Casa de Palma, an irreplaceable, iconic, and timeless waterfront residence. Encircled by an unthinkable 175 feet of water frontage, this is a true legacy property. Held for almost 15 years, a point home of this stature hasn’t hit the market in almost half a decade. Resort quality entertainment is seamless with the gracious main room that opens out to the expansive wraparound terrace. Enveloped with water views from every corner and surrounded by mature landscaping, every detail of this property has been meticulously kept up. Each space of this remarkable home is a statement of refined design and tasteful finishes. All three bedrooms of the property have direct lakefront views, which can only be said for a select few homes. The master suite has the ambience of a bygone era, with its towering ceiling heights and enduring style, it transports you to a vacation destination. Including an elegant en-suite with a sizable walk-in closet, this room offers yet another surprise. You’ll notice a stairway in the bedroom, this leads you to a private loft which can double as an office or be turned into a tranquil enclave, which gives you a completely different perspective of the water below. While sounding cliché, this statement truly holds up once you experience it for yourself, nothing compares to a point home.
Sold for $2,820,000
Listed by: Pacific Sotheby's Int'l Realty • Shant Kizirian • Contact: 949-609-9838
Bought with: Pinnacle Real Estate Group
Tax assessed value
$2,820,000
21805 Michigan Ln, Lake Forest, CA 92630
3beds
2,347sqft
Single Family Residence
Built in 2001
6,250 Square Feet Lot
$2,900,100 Zestimate®
$1,202/sqft
$4,896 Estimated rent
Home value
$2,900,100
$2.67M - $3.16M
$4,896/mo
Zestimate® history
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List your homeWhat's special
Private loftTimeless waterfront residenceMature landscapingElegant en - suiteMaster suiteWater views
Zillow last checked:
Listing updated:
Listed by:
Shant Kizirian DRE #02083639 9496099838,
Pacific Sotheby's Int'l Realty,
Sean Stanfield DRE #01024996 714-421-3377,
Pacific Sotheby's Int'l Realty
Bought with:
Angela Lee, DRE #01416441
Pinnacle Real Estate Group
Source: CRMLS,MLS#: OC24043500
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Rooms
- Room types: Attic, Bedroom, Den, Great Room, Kitchen, Laundry, Loft, Primary Bedroom, Other, Dining Room
Primary bedroom
- Features: Main Level Primary
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: All Bedrooms Down
Bathroom
- Features: Bathtub, Dual Sinks, Granite Counters, Jetted Tub, Remodeled, Separate Shower
Kitchen
- Features: Granite Counters, Kitchen Island, Kitchen/Family Room Combo
Other
- Features: Walk-In Closet(s)
Heating
- Central
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Dishwasher, Gas Oven, Microwave, Refrigerator
- Laundry: Laundry Room
Features
- Beamed Ceilings, Breakfast Bar, Ceiling Fan(s), Separate/Formal Dining Room, Eat-in Kitchen, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting, All Bedrooms Down, Attic, Loft, Main Level Primary, Primary Suite, Walk-In Closet(s)
- Flooring: Carpet, Tile
- Doors: Double Door Entry, Sliding Doors
- Windows: Double Pane Windows
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,347 sqft
Property
Parking
- Total spaces: 6
- Parking features: Direct Access, Driveway, Garage
- Garage spaces: 3
- Uncovered spaces: 3
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Concrete, Covered, Deck, Wrap Around
- Exterior features: Dock
- Pool features: Community, Association
- Has spa: Yes
- Spa features: Association, Community
- Fencing: Wrought Iron
- Has view: Yes
- View description: Lake, Neighborhood, Panoramic
- Has water view: Yes
- Water view: Lake
- Waterfront features: Dock Access, Lake, Lake Front, Lake Privileges
Lot
- Size: 6,250 Square Feet
- Features: Back Yard, Corner Lot, Sprinkler System, Yard
Details
- Parcel number: 61419819
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Mediterranean,Spanish
- Property subtype: Single Family Residence
Materials
- Foundation: Slab
- Roof: Spanish Tile
Condition
- Turnkey
- New construction: No
- Year built: 2001
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Lake, Street Lights, Suburban, Sidewalks, Water Sports, Fishing, Pool
- Security: Carbon Monoxide Detector(s), Fire Detection System, Smoke Detector(s)
- Subdivision: Lake Forest Keys (Lk)
HOA
- Has HOA: Yes
- Amenities included: Clubhouse, Sport Court, Dock, Fitness Center, Maintenance Front Yard, Outdoor Cooking Area, Picnic Area, Playground, Pickleball, Pool, Sauna, Spa/Hot Tub, Security, Tennis Court(s)
- HOA fee: $250 monthly
- HOA name: Lake Forest Keys
- HOA phone: 949-951-4792
- Second HOA fee: $78 monthly
- Second HOA name: Lake Forest Ii Mhoa
Location
- Region: Lake Forest
Financial & listing details
- Price per square foot: $1,202/sqft
- Tax assessed value: $2,820,000
- Annual tax amount: $29,638
- Date on market: 3/11/2024
- Cumulative days on market: 25 days
- Listing terms: Cash,Conventional,1031 Exchange
- Inclusions: Refrigerator, Oven, Dishwasher, Microwave, Washer & Dryer.
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 8/30/2024 | Sold | $2,820,000-2.4%$1,202/sqft |
Source:  CRMLS #OC24043500 Report a problem | ||
| 8/24/2024 | Pending sale | $2,890,000$1,231/sqft |
Source: CRMLS #OC24043500 Report a problem | ||
| 7/22/2024 | Listed for sale | $2,890,000$1,231/sqft |
Source: CRMLS #OC24043500 Report a problem | ||
| 3/26/2024 | Pending sale | $2,890,000$1,231/sqft |
Source: CRMLS #OC24043500 Report a problem | ||
| 3/11/2024 | Listed for sale | $2,890,000+197.9%$1,231/sqft |
Source: CRMLS #OC24043500 Report a problem | ||
| 10/30/2009 | Sold | $970,000-2.9%$413/sqft |
Source: Public Record Report a problem | ||
| 6/27/2009 | Listed for sale | $999,000-16.8%$426/sqft |
Source: First Team Real Estate #S579395 Report a problem | ||
| 1/26/2004 | Sold | $1,200,000+140%$511/sqft |
Source: Public Record Report a problem | ||
| 3/2/2001 | Sold | $500,000$213/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $29,638 +130.4% | $2,820,000 +129.7% |
| 2024 | $12,866 +2.4% | $1,227,543 +2% |
| 2023 | $12,565 +1.8% | $1,203,474 +2% |
| 2022 | $12,341 +2% | $1,179,877 +2% |
| 2021 | $12,096 +0.9% | $1,156,743 +1% |
| 2020 | $11,988 | $1,144,883 +2% |
| 2019 | $11,988 +2% | $1,122,435 +2% |
| 2018 | $11,749 +4% | $1,100,427 +2% |
| 2017 | $11,300 | $1,078,850 +2% |
| 2016 | $11,300 +1.7% | $1,057,697 +1.5% |
| 2015 | $11,113 +3.4% | $1,041,810 +2% |
| 2014 | $10,742 | $1,021,403 +4.5% |
| 2013 | -- | $977,304 |
| 2012 | -- | $977,304 |
| 2011 | -- | $977,304 +0.8% |
| 2010 | -- | $970,000 -15.4% |
| 2009 | -- | $1,146,000 -9.7% |
| 2008 | -- | $1,268,992 |
| 2007 | -- | $1,268,992 +2% |
| 2006 | -- | $1,244,110 +2% |
| 2005 | -- | $1,219,716 +81.7% |
| 2004 | -- | $671,179 +1.9% |
| 2003 | -- | $658,878 +2% |
| 2002 | -- | $645,959 +36% |
| 2001 | $5,213 +180.4% | $475,000 +168.5% |
| 2000 | $1,859 | $176,888 |
Find assessor info on the county website
Neighborhood: 92630
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Nearby schools
GreatSchools rating
- 8/10Rancho Cañada Elementary SchoolGrades: K-6Distance: 1 mi
- 6/10Serrano Intermediate SchoolGrades: 7-8Distance: 0.8 mi
- 8/10El Toro High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- Elementary: Rancho Canada
- Middle: Serrano
- High: El Toro
Source: CRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,900,100
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Estimated market value
$2,900,100
- California
- Orange County
- Lake Forest
- 92630
- 21805 Michigan Ln
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