Lake Forest, CA 92630 24541 Penfield

Property is being offered via auction. The list price represents the starting bid and may not reflect the final sale price. Auction bidding is scheduled to begin on July 12, 2026. Please contact the Listing Agent for complete auction terms, bidding procedures, and conditions. Welcome to this extraordinary, fully remodeled and expanded home located in the heart of Lake Forest. This is a rare opportunity to own a property that has been transformed from A to Z. With the exception of portions of the original structural walls, virtually everything has been rebuilt or replaced—from the roof to the flooring—creating a home that offers the quality, comfort, and feel of new construction. Originally approximately 1,145 square feet, the property has been thoughtfully expanded with a 322 sq. ft. addition to the main residence and a 615 sq. ft. detached ADU (buyer to verify square footage and permits), providing exceptional flexibility for multi-generational living, guest accommodations, or outstanding rental income potential. The bright, open-concept floor plan showcases a beautifully redesigned kitchen featuring brand-new appliances, custom cabinetry, premium finishes, and elegant granite flooring throughout. Large windows fill the home with abundant natural light, creating a warm and inviting atmosphere. The entire home has also been fully repiped, providing additional peace of mind. The detached ADU offers excellent privacy and versatility, with the potential for its own private outdoor area, making it ideal for extended family, guests, or rental opportunities. Step outside to a spacious backyard with mature fruit trees, including lemon and other varieties, creating the perfect setting for entertaining, gardening, or simply relaxing. Ideally located just minutes from major shopping centers, restaurants, Home Depot, schools, and everyday conveniences, with approximately one-minute access to Interstate 5 and three-minute access to Interstate 405. This is a truly unique property offering the charm of an established neighborhood with the quality and craftsmanship of a nearly new home. Buyers are encouraged to perform their own due diligence regarding square footage, permits, improvements, and all property information.