
Rancho Mission Viejo, California 92694
This Modern Single-Level Flat is a Strong Value Opportunity, listed at $689,000—positioned well below the $740,672 Fair Market Value by 6%. This valuation gap provides $51,672 in Instant Equity for the incoming owner. Boasting an Excellent Condition Rating, the 2023-built residence features a Quartz Kitchen, energy-efficient solar, and a versatile den. Located in the award-winning Rancho Mission Viejo within the Capistrano Unified School District, it offers a resort-style sanctuary. This is an ideal acquisition for lifestyle-oriented professionals or first-time buyers seeking immediate appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1200 Lasso Way 303 Subject | $689,000* List Price | 2 | 2 | 1,251 | $592 | - |
A 1300 Lasso Way 305 Sold | $677,500 | 2 | 2 | 1,089 | $622 | 0.0 mi |
B 1400 Lasso Way 103 Sold | $727,200 | 2 | 2 | 1,253 | $580 | 0.0 mi |
C 20 Wisteria Street Sold | $800,000 | 2 | 3 | 1,272 | $629 | 0.3 mi |
D 1200 Lasso Way 305 Sold | $665,000 | 2 | 2 | 1,089 | $611 | 0.0 mi |
E 201 Juniper Drive Sold | $810,000 | 2 | 3 | 1,458 | $556 | 0.2 mi |
F 112 Juniper Drive Sold | $595,000 | 1 | 2 | 977 | $609 | 0.2 mi |
G 1301 Lasso Way 205 Active Under Contract | $649,900 List Price | 2 | 2 | 1,089 | $597 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in like-new condition and meets all criteria for the highest rating. The interior features modern, high-end finishes including a contemporary kitchen with quartz countertops and stainless steel appliances, luxury vinyl plank (LVP) flooring, and custom designer lighting. With energy-efficient systems like solar and a tankless water heater, the home shows no signs of physical depreciation or deferred maintenance.
Built in 2023, this residence features high-end contemporary finishes including quartz countertops, custom designer lighting, LVP flooring, and energy-efficient solar and tankless water systems.
The inclusion of a generous den provides significant flexibility, allowing the space to function as a third bedroom or a dedicated home office without compromising the primary living areas.
Located in the award-winning Rancho Mission Viejo, the property offers walkable access to world-class facilities like the 20,000 sq ft Lagoon Pool, Ranch Camp, and a future K-8 school.
Despite its desirable top-floor location, the property is noted to have no specific views, which may limit its appeal compared to other elevated units in the area.
Being situated on the third floor may present a challenge for buyers with mobility concerns or those who prefer the convenience of ground-level entry.
This beautifully designed top-floor Portico residence offers single-level living with 2 bedrooms, 2 full baths, and a generous den that can serve as a home office, or 3rd bedroom. The open-floorplan seamlessly connects the Great Room, kitchen, and dining areas, extending to a private balcony perfect for relaxing outdoors. The beautiful kitchen features a large island with quartz countertops, stainless steel appliances, soft-close cabinetry, and a gas range. Custom designer lighting highlights the spaces with gorgeous gold and glass chandeliers in the living room, beautiful glass teardrop pendants gracefully hung over the primary countertop, and oversized chandelier over the primary bedroom. The spacious primary suite, is located on one side of the home with the second bedroom on the opposite side, and the den in the front hallway creating privacy for all. The primary suite boasts a walk-in tiled shower, quartz countertops with dual sinks, and walk-in closet. Spacious secondary bedroom is light and bright and the perfect room for guests, children or a roommate plus having the separate den means you don't have to compromise a bedroom for an office. Beautiful LVP flooring, custom window coverings, tankless water heater, full sized washer and dryer plus Solar system completes this wonderful home. The garage is conveniently located next to the stairs and provides parking and ample storage. Located in the Award Winning Rancho Mission Viejo, Residents enjoy access to world class amenities in all 3 Rancho Mission Viejo villages including Ranch Camp with the 20,000 sq ft Lagoon Pool, firepits, lap pool, fitness center walkable from the property. Plus enjoy walkable access to the Boulder pond with walking path, playground and the Rienda k-8 School slated to open in Fall 2027. Welcome Home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 29% |
| Square foot | 1,251 | 1,513.5 | 15% |
| Lot Size | - | 2,350 | 31% |
| Price | $689.0K | $872.5K | 12% |
| Price per sq ft | $551 | $590 | 25% |
| Built year | 2023 | 2013 | 87% |
| HOA | $246.0 | $288 | 46% |
| Days on market | 0 | 153 | 1% |
Apr 16, 2026
$689,000
Initial Listing
Jul 31, 2023
$615,000
Public Record