1 Ocaso, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 3 bed, 4 bath
1 Ocaso
Rancho Mission Viejo, California 92694
Property Price
SUMMARY
Analysis of 1 Ocaso, Rancho Mission Viejo, California 92694 reveals a Fairly Priced Property with a current list price of $1,334,000 aligned with the estimated $1,342,105 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Mission Viejo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1 Ocaso Subject | $1,334,000* List Price | 3 | 4 | 2,018 | $665 | - |
A 26 Paranza Place Sold | $1,400,000 | 4 | 3 | 2,144 | $653 | 0.2 mi |
B 28 Paranza Sold | $1,325,000 | 4 | 3 | 2,234 | $593 | 0.2 mi |
C 31 Alienta Lane Sold | $1,225,000 | 2 | 2 | 1,914 | $640 | 0.2 mi |
D 66 Fosco Street Sold | $1,110,000 | 3 | 3 | 1,817 | $611 | 0.9 mi |
E 16 Fosco Street Active | $1,179,000 List Price | 3 | 3 | 1,827 | $645 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2019, this property meets the highest quality standards with virtually no physical depreciation. It features brand new luxury vinyl plank flooring, fresh paint, and a modern kitchen with white shaker cabinetry, marble-veined quartz countertops, and stainless steel appliances. All systems are contemporary, and the home is in turn-key, like-new condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Wagon Wheel Elementary School (9/10). Middle School: Ladera Ranch Middle School (9/10).
- Exceptional Views and Lot Position
Situated on a premium corner lot, the property offers breathtaking panoramic sunset, canyon, and mountain views, providing a high level of privacy and aesthetic appeal.
- Modern Turn-Key Upgrades
Built in 2019, this smart home features significant recent enhancements including new luxury vinyl plank flooring throughout, fresh paint, and a designer kitchen with marble-veined quartz countertops.
CONSRISKS & DEFICIENCIES
- Limited Private Yard Space
With a lot size of approximately 3,348 square feet, the outdoor space is relatively compact, which may be a drawback for buyers prioritizing a large private backyard.
- Significant Carrying Costs
The $349 monthly association fee, combined with the premium price point, represents a high recurring ownership cost typical of the Rancho Mission Viejo master-planned community.
About 1 Ocaso
Great VIEW Home! SUNSET View! Location! Location! Looking for a view home in the award-winning community of Rancho Mission Viejo? Stunning Sunset View and a corner Lot. Welcome Home to this highly upgraded Smart Home. This Single-Family Home offers 2018sqft, 3 bedrooms plus a bonus room as office, 3 1/2 baths, with one bedroom with full bath on the first floor. From the moment you step into the wide entry and see the wonderful natural light showcasing NEW Luxury Vinyl Plank floors that continue through the downstairs and upstairs and all bedroom, new paint throughout whole house. you'll know this house is the one! Convenient Office/Den to the left of the entry is the perfect work from home space, play room or gym. To the right, the White Shaker Kitchen with Marble veined Quartz Countertops and Solid slab backsplash and stainless steel appliances opens to the generous dining space. The spacious living area is perfect for entertaining, with large windows that fill the space with natural light and offer breathtaking views. The primary suite is a true retreat, complete with a luxurious en-suite bathroom and a walk-in closet. Each bedroom has its own private bathroom, providing comfort and convenience for family and guests alike. There are community amenities for all from breathtaking resort-style pools and spas, Esencia school K-8, community farms, fitness centers, guest house, putting green, bocce ball courts, tennis and pickleball courts, playgrounds, coffee shop, fire pits, an arcade and so much more!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2019
- Lot Size
- 3,348 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $349.0 / Month
Neighborhood Insights
Rancho Mission Viejo Unified Schools
Wagon Wheel Elementary School
Grades K-5 • 2.0 mi
Oso Grande Elementary School
Grades K-5 • 2.2 mi
Harold Ambuehl Elementary School
Grades K-5 • 5.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 4.0 | 3.0 | 64% |
| Square foot | 2,018 | 2,264 | 37% |
| Lot Size | 3,348 | 4,105 | 34% |
| Price | $1.33M | $1.50M | 40% |
| Price per sq ft | $661 | $639 | 60% |
| Built year | 2019 | 2015 | 66% |
| HOA | $349.0 | $330 | 55% |
| Days on market | 3 | 184 | 1% |
Pricing History
Listed for Sale
Mar 4, 2026
$1,334,000
Initial Listing
Sold
Mar 29, 2019
$773,000
Public Record