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24062 Gemwood Drive — Lake Forest — 3 Beds • 2 Baths • 1,144 Sq Ft | Belmont Brokerage | Belmont Brokerage

Pending

+15 more

$1,149,000

19 DOM

$1,004/sqft3 bd2 ba1,144 sqft

Call

24062 Gemwood Dr Lake Forest, CA 92630

9,425sqft lot

Welcome to this beautifully updated single-story home nestled in desirable Lake Forest. This inviting residence features 3 bedrooms and 2 bathrooms on a spacious lot of over 9,000 square feet. Step inside to a light and bright interior with a functional open layout designed for comfortable everyday living. The home has been thoughtfully upgraded and offers a warm, move-in-ready atmosphere with modern conveniences, stylish finishes and brand new appliances. The highlight of the property is the private backyard retreat, featuring lush landscaping and a heated pool and spa—ideal for relaxing or entertaining year-round. The expansive lot provides a peaceful and park-like setting. This single-family residence combines classic charm with contemporary updates. Conveniently located near shopping, dining, golf courses, and major roadways, the home offers easy access to beaches and popular Orange County destinations

MLS SR26038608

818-933-3100 (Office) neil@neilsammons.com

Est. payment

$7,342/mo

Principal & interestTaxesInsurance

$5,810$1,197$335

Down %

Rate %

Years

Down payment: $229,800 · Total cost: $2,321,389

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$7,342/mo

Principal & interest: $5,810
Est. property tax: $1,197
Est. insurance: $335
Down payment: $229,800

Est. gross rent$4,788/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,554/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Feb 21, 2026	$1,149,000	—

Facts & Features

Structure & Property

Year Built1964

Garage Spaces2

818-933-3100 (Office) neil@neilsammons.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

24062 Gemwood Drive, Lake Forest, CA 92630

Get Directions

Call

24062 Gemwood Dr Lake Forest, CA 92630

About this home

Neil Sammons

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Neil Sammons

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

24062 Gemwood Drive, Lake Forest, CA 92630

About This Property

Property Photos

24062 Gemwood Dr Lake Forest, CA 92630

About this home

Neil Sammons

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Neil Sammons

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.