111 Homestead, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 3 bed, 3 bath
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Rancho Mission Viejo, California 92694
This Modern Turnkey Residence is a Prime Investment Opportunity listed at $1,069,000—positioned well below the $1,095,375 Fair Market Value by 2%. This valuation gap provides $26,375 in Instant Equity for the incoming buyer. Boasting a Pristine Condition Rating, the 2022-built home features a chef-inspired quartz kitchen, fully owned solar, and a private side yard patio. Located within the prestigious Capistrano Unified district steps from the Ranch Cove lagoon, this property offers a high-end lifestyle. It is a perfect fit for Owner-Occupants or lifestyle-driven buyers seeking a nearly new sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 111 Homestead Subject | $1,069,000* List Price | 3 | 3 | 1,889 | $580 | - |
A 1152 Whirlwind Sold | $945,000 | 3 | 3 | 1,889 | $500 | 0.0 mi |
B 1162 Whirlwind Drive Sold | $800,000 | 2 | 3 | 1,585 | $505 | 0.0 mi |
C 20 Wisteria Street Sold | $800,000 | 2 | 3 | 1,272 | $629 | 0.1 mi |
D 201 Juniper Drive Sold | $810,000 | 2 | 3 | 1,458 | $556 | 0.2 mi |
E 752 Sunrise Road Active | $1,195,000 List Price | 3 | 3 | 1,950 | $613 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this home is practically brand new and in mint condition. The modern kitchen features quartz countertops and stainless steel appliances, while the bathrooms and flooring are contemporary and turnkey. All major systems, including HVAC, electrical, and the fully owned solar, are less than 5 years old.
Built in 2022, this nearly new home features contemporary finishes like quartz countertops and custom backsplashes, plus fully owned solar panels for significant energy savings.
Situated in the desirable Rienda Village, the home is steps from premier amenities including the 20,000 sq ft lagoon-style pool, Ranch Camp, and Boulder Pond.
The 1,889 sq ft layout includes a flexible upstairs loft and an open-concept main level, providing the multi-functional space modern families and remote workers desire.
As a condominium, the property involves shared walls and monthly association fees, which may offer less privacy and autonomy than a detached single-family residence.
The listing specifies no views, which may be a drawback for buyers looking for the rolling hills or coastal vistas often found in the Rancho Mission Viejo area.
Welcome to 111 Homestead in the desirable Rienda Village of Rancho Mission Viejo. Built in 2022, this practically brand new, turnkey, light-filled home offers three bedrooms plus a versatile loft, two and a half bathrooms, and 1,889 sq ft of thoughtfully designed living space. Ideally located just steps from Boulder Pond & Playground, Ranch Camp at Rienda, and the Ranch Cove’s 20,000 sq ft lagoon-style pool this vibrant, family-friendly community is known for its energy, connection, and top-rated schools. The open-concept main level features a bright living area with large windows and abundant natural light, seamlessly flowing into the family room and kitchen—perfect for everyday living and entertaining. The modern kitchen is equipped with newer appliances, quartz countertops, custom backsplash, ample cabinetry, and a large center island ideal for meal prep and casual dining. Upstairs, the spacious primary suite has wonderful natural light and includes an ensuite bath with dual vanities, a walk-in shower, and a large, oversized walk-in closet. Two additional bedrooms share a full bathroom, and the upstairs loft provides flexible space for a home office, playroom, second family room, or media area. A convenient upstairs laundry room adds to the home’s functionality. Additional highlights include fully owned solar, an attached extra-wide 2-car garage with epoxy flooring, a downstairs powder room, and a private side yard perfect for outdoor dining and entertaining. Residents enjoy access to Rancho Mission Viejo’s exceptional amenities, including resort-style pools, fitness centers, parks, scenic trails, community farms, and more. Conveniently located near shopping, dining, and entertainment, with easy access to downtown San Juan Capistrano and the coastal destinations of Dana Point, San Clemente, and Laguna Beach. Don’t miss this opportunity to own a nearly new home in one of Orange County’s most sought-after master-planned communities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 52% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,889 | 1,517 | 81% |
| Lot Size | 25,318 | 2,450 | 62% |
| Price | $1.07M | $877.5K | 68% |
| Price per sq ft | $566 | $590 | 35% |
| Built year | 2022 | 2013 | 79% |
| HOA | $304.0 | $297 | 50% |
| Days on market | 5 | 152 | 1% |
Apr 17, 2026
$1,069,000
Initial Listing
Nov 28, 2022
$895,500
Public Record