An exceptionally rare find and secluded sanctuary property, where a large single-story ranch house sits on a massive 16,113 sqft flat lot at the end of a cul-de-sac in a quiet family neighborhood. This residence offers approximately 2,500 sqft of living space and features 5 bedrooms and 2.5 baths, plus additional living areas which may present future utility. Has been used as a Daycare for a long time. The property offers tremendous flexibility and is perfect for a multi-generational estate, a unique business use, or a substantial investment opportunity. The expansive lot is a true paradise for large events, featuring a resort-caliber redwood gazebo, outdoor cooking area, wide array of mature fruit trees, and an enormous paved area with room for 12+ cars or multiple RVs/boats. Leverage this property and its huge lot to create your own masterpiece, build, expand, add a pool and or alternate income producing opportunities. The property will be delivered vacant at COE. Very close to ample shopping, entertainment, and major freeways. A large Single-Story property with such giant flat and usable backyard is extremely rare in south orange county, Act Fast. Showing ONLY during scheduled Open House.
Off market
Zestimate®
$1,655,500
24092 Gemwood Dr, Lake Forest, CA 92630
5beds
2,500sqft
Single Family Residence
Built in 1965
0.37 Acres Lot
$1,655,500 Zestimate®
$662/sqft
$5,445 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 16, 2025 at 02:21pm
Source: CRMLS,MLS#: OC25249680
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 2
- 1/4 bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 5
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: Outside
Features
- All Bedrooms Down, Bedroom on Main Level, Main Level Primary
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 2,500 sqft
Property
Parking
- Parking features: Electric Gate
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Trees/Woods
Lot
- Size: 0.37 Acres
- Features: 0-1 Unit/Acre, Yard
Details
- Parcel number: 61721301
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Curbs
Location
- Region: Lake Forest
- Subdivision: Laguna North (Ln)
Other
Other facts
- Listing terms: Cash to New Loan
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Estimated market value
$1,655,500