1 Palta, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 3 bed, 3 bath
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1 Palta
Rancho Mission Viejo, California 92694
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,817Sq Ft
2,636Lot Size
Property Price
LIST PRICE$1,049,000
EST. MARKET VALUE
$1,075,000
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,075,000—positioned well below the $1,139,873 Fair Market Value by 5%. This valuation gap offers $64,873 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, this corner unit boasts modern quartz countertops, laminate flooring, and a private patio with hillside views. Located in the premier Rancho Mission Viejo community with access to Top-Rated Schools like Wagon Wheel Elementary, this property is perfect for Owner-Occupants or first-time buyers seeking a turnkey lifestyle.
Estimated Market Value
$1,075,000
Based on Realkey algorithm analyzing recent comparable sales in Rancho Mission Viejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Palta Subject | $1,049,000* List Price | 3 | 3 | 1,817 | $592 | - |
A 18 Fosco Street Sold | $1,175,000 | 3 | 3 | 1,817 | $647 | 0.1 mi |
B 33 Palta Sold | $1,125,000 | 3 | 3 | 1,817 | $619 | 0.0 mi |
C 16 Fosco Street Sold | $1,210,000 | 3 | 3 | 1,827 | $662 | 0.1 mi |
D 28 Baculo Sold | $1,120,000 | 3 | 3 | 1,817 | $616 | 0.3 mi |
E 44 Lomada Sold | $1,360,000 | 4 | 3 | 2,264 | $601 | 0.4 mi |
F 10 Pascuas Place Sold | $1,212,500 | 3 | 3 | 1,744 | $695 | 0.7 mi |
G 1 Ocaso Sold | $1,345,000 | 3 | 4 | 2,018 | $667 | 0.8 mi |
H 43 Fosco Street Active Under Contract | $1,075,000 List Price | 3 | 3 | 1,817 | $592 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2016, this property is less than 10 years old and remains in mint condition. The kitchen and bathrooms feature modern quartz countertops and contemporary finishes. Systems are up-to-date, including an energy-rated tankless water heater, and the interior boasts recent upgrades like new paint and laminate flooring, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Wagon Wheel Elementary School (9/10). Middle School: Ladera Ranch Middle School (9/10).
- Resort-Style Community Amenities
Situated in the highly sought-after Rancho Mission Viejo, the property offers access to premier amenities including the Rancho Cove pool, fitness centers, pickleball courts, and award-winning schools.
- Modern Turn-Key Upgrades
Built in 2016, the home features contemporary finishes such as quartz countertops, new paint, updated laminate flooring, and an epoxy-finished garage with a tankless water heater.
CONSRISKS & DEFICIENCIES
- Compact Lot Size
The 2,636 square foot lot is relatively small, which may limit outdoor activities for buyers seeking a traditional large backyard or significant garden space.
- High Monthly HOA Fees
The $349 monthly association fee represents a significant recurring cost that impacts the overall monthly carrying cost for the property.
About 1 Palta
MUST SEE!! Wonderfully upgraded corner unit 3 bedroom, 2 1/2 bath home on a corner lot. *SELLER Willing to offer Buyer CONCESSIONS* Step right in and immediately notice the great open floor plan highlighted with updated laminate flooring, new paint throughout, custom window coverings and quartz countertops in the kitchen. The kitchen offers a perfect island to entertain around with plenty of storage and highlighted with stainless steel appliances and glass backsplash. Step out into your private easy to maintain patio perfect for entertaining and enjoying the indoor/ outdoor California lifestyle. Upstairs you will find the large primary bedroom with on suite bathroom boasting a dual vanity with quartz countertops, walk in closet, soaking tub, step in shower, private toilet area and great views from all the windows. The two additional bedrooms are a great size and share a private Jack and Jill bathroom. Enjoy the laundry area complete with a soaking sink and located upstairs for easy access. Garage area offers a generous amount of storage and epoxy flooring with an energy rated tank-less water heater. Enjoy everything this home has to offer including the wonderful Rancho Mission Viejo Lifestyle which includes award winning schools, the Rancho Cove community pool and gym, The Ranch Camp, countless recreational activities, countless resort style pools and spas, fitness centers, putting greens, pickle ball courts, playgrounds, arcade area, sports courts, you name it!! This is a MUST SEE!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2016
- Lot Size
- 2,636 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $349.0 / Month
Neighborhood Insights
Rancho Mission Viejo Unified Schools
Oso Grande Elementary School
Grades K-5 • 2.6 mi
8/10
Wagon Wheel Elementary School
Grades K-5 • 2.6 mi
9/10
Harold Ambuehl Elementary School
Grades K-5 • 5.3 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.7 |
| Baths | 3.0 | 3.1 |
| Square foot | 1,817 | 2,208.234 |
| Lot Size | 2,636 | 3,984.617 |
| Price | $1.05M | $1.41M |
| Price per sq ft | $577 | $656 |
| Built year | 2016 | 2019 |
| HOA | $349.0 | $348 |
| Days on market | 27 | 64 |
Pricing History
Listed for Sale
Sep 5, 2026
$1,049,000
$1,075,000
-2% Price Drop
Initial Listing
Price Change
Aug 13, 2026
$1,075,000
Initial Listing
Sold
Oct 18, 2017
$676,000
Public Record