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457 PalermoLake Forest, CA 92630

For Sale

$1,098,000

Smart Buyer Rebate $10,980

Well below market price! View from the deck!! City and Mountain View home and total privacy End unit of Covera Plan 3 at Newer community of Serrano Summit in Lake forest. Very Light and Bright newer Lennar all including Home with 4 bedrooms and 3.5 bathrooms located at End unit with Extra large garage, front patio yard including. One bedroom with full bath is on the first floor and can be used as a Guest Room or Office. Second floor features open floor plan, beautiful kitchen with upgraded self-closed cabinets, and stainless-steel appliances, a granite counter tops and a large deck from the spacious living room. Master suite with large bathroom and large walk-in-closet and Two secondary bedrooms with spacious bath are on the third floor. Custom design upgraded window coverings throughout, Laminated wood floor, Recessed lights. All rooms are filled with plenty of natural light. The community offers swimming pools and clubhouse is featured with cabanas, BBQs, fire pits, an event space, and pickle ball courts. 10-minute drive to Irvine Spectrum, 20-minute to Laguna Beach, UC Irvine, and John Wayne airport. Very convenient distance shopping center, banks, restaurants, movie theater, and 241 toll road. Welcome to Lake forest brand new Resort-Style community, Serrano Summit! Must See!

Listed by Katherine Han

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License #01276625

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Coldwell Banker Best Realty

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katherinehan@socalbest.com

Last updated November 17, 2025

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Source: CRMLS #PW25066840

Listing Facts

  • TypeCondo
  • NeighborhoodRancho de los Alisos
  • Bedrooms4
  • Bathrooms3.5
  • Days on Prevu237
  • HOA/Maint. Fees$177.75/month
  • Size2,020 sqft
  • Price per sqft$544

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Air Conditioning
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

11/15/2025
Status changed to Active
$1,098,000
09/07/2025
Status changed to Temporarily Off Market
$1,098,000
09/05/2025
Status changed to Removed from Feed
$1,098,000
07/12/2025
Status changed to Temporarily Off Market
$1,098,000
03/31/2025
Status changed to Temporarily Off Market
$1,098,000
03/27/2025
Listed by Coldwell Banker Best Realty
$1,098,000

Property Details for 457 Palermo

Association

Amenities

  • Association Amenities: Clubhouse, Fire Pit, Outdoor Cooking Area, Barbecue, Picnic Area, Playground, Pool, Spa/Hot Tub
  • Community Features: Sidewalks

Fees

  • Association Fee: $177.75 Monthly
  • Association Fee 2: $213.00 Monthly

General

  • Association Name: Covera
  • Number Of Units In Community: 602

Exterior

Construction

  • Number Of Units Total: 602
  • Property Attached: Yes
  • Property Condition: Turnkey
  • Stories Total: 3
  • Structure Type: Multi Family
  • Window Features: Blinds
  • Year Built: 2021
  • Common Walls: 1 Common Wall,End Unit,No One Above,No One Below
  • Entry Level: 1
  • Entry Location: first

Features

  • Direction Faces: Southwest
  • Patio And Porch Features: Front Porch
  • Pool Features: Association
  • View: City Lights, Mountain(s), Trees/Woods

Measurements

  • Lot Size Acres: 6.35
  • Lot Size Area: 276,994
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 276,994
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 93910369

Interior

Features

  • Appliances: Built-In Range, Dishwasher, Free-Standing Range, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Tankless Water Heater
  • Flooring: Carpet, Laminate, Tile
  • Interior Features: Breakfast Bar, Breakfast Area, Granite Counters, Living Room Deck Attached, Recessed Lighting, Bedroom On Main Level
  • Spa Features: Association
  • Spa: Yes

Measurements

  • Living Area: 2,020
  • Living Area Source: Assessor
  • Living Area Units: Square Feet

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 4
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1

Other

Location

  • Subdivision Name: Covera
  • Tax Lot: 1

Parking

Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Direct Access, Garage, Oversized
  • Parking Total: 2

Schools

High School

  • High School: El Toro
  • High School District: Saddleback Valley Unified

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Utilities: Sewer Connected
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.