121 Abbeywood Lane, Aliso Viejo, California 92656, Aliso Viejo, 92656 - 2 bed, 1 bath
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Aliso Viejo, California 92656
This Charming Value-Add Townhome is listed at $595,000, positioned well below the $596,050 Fair Market Value by 1%. This valuation provides $1,050 in Instant Equity alongside a Condition Rating of 4, offering a prime modernization opportunity for those looking to build forced appreciation. The property features three private outdoor spaces and is zoned for the 9/10 rated Aliso Niguel High School in the Capistrano Unified School District. With $80,000 MAP Program eligibility, this is a strategic acquisition for first-time buyers or Owner-Occupants seeking entry-level value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 121 Abbeywood Lane Subject | $595,000* List Price | 2 | 1 | 918 | $649 | - |
A 47 Dogwood Sold | $630,000 | 2 | 2 | 966 | $652 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this 42-year-old townhome is in dated condition. The kitchen features original-style oak cabinetry with wood-pull handles and laminate countertops that are well beyond the 20-year mark. While the unit appears clean and functional with some updated appliances, the overall interior finishes and likely the primary systems are aged and require modernization to meet current market standards.
High School: Aliso Niguel High School (9/10).
The property's eligibility for up to $80,000 through the Orange County MAP First Time Buyer Program provides a significant financial advantage for entry-level buyers.
Rare for this price point, the home features three distinct outdoor areas—a gated front porch, a private back patio, and a primary bedroom balcony—maximizing usable living space.
With only one bathroom serving two bedrooms, the layout may be less convenient for roommates or small families compared to more modern 1.5 or 2-bath configurations.
At 918 square feet, the interior living space is relatively compact, which may limit storage options and furniture arrangements for buyers seeking more room to grow.
Welcome to 121 Abbeywood Lane, a charming two-level townhome nestled in the heart of Aliso Viejo. Located in a serene and beautifully maintained community, this inviting residence offers the perfect blend of comfort, privacy, and convenience. This thoughtfully designed home features 2 spacious bedrooms and 1 well-appointed bathroom, with a functional layout that maximizes both living space and natural light. The two-story floor plan provides separation between living and sleeping areas, ideal for both relaxation and entertaining. Enjoy the benefit of both a gated front porch and a private gated back patio, as well as a main bedroom balcony, creating multiple outdoor spaces for morning coffee, evening unwinding, or hosting guests. These charming outdoor areas enhance the home's livability and provide a sense of privacy within the community. Set within a peaceful neighborhood known for its well-kept grounds and tranquil atmosphere, this home offers a true sense of retreat while still being close to shopping, dining, parks, and top-rated schools throughout Aliso Viejo. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this delightful townhome presents an exceptional opportunity to enjoy South Orange County living at its best. **This property may qualify for up to $80,000 from Orange County MAP First Time Buyer Program.** Agents MUST read private remarks.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 3.0 | 8% |
| Square foot | 918 | 1,250 | 8% |
| Lot Size | 646 | 2,949 | 31% |
| Price | $595.0K | $840.0K | 8% |
| Price per sq ft | $648 | $652 | 46% |
| Built year | 1982 | 1990 | 15% |
| HOA | $446.0 | $430 | 62% |
| Days on market | 55 | 108 | 23% |
Apr 12, 2026
$595,000
Initial Listing
Jan 26, 2010
$206,000
Public Record
Dec 19, 2003
$265,000
Public Record