1301 Lasso Way 205, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 2 bed, 2 bath

1301 Lasso Way 205
Rancho Mission Viejo, California 92694
Property Price
SUMMARY
Analysis of 1301 Lasso Way 205, Rancho Mission Viejo, California 92694 is currently available with a list price of $649,900. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2022, this property is virtually new and meets all current quality standards. The interior features modern finishes including quartz countertops, stainless steel appliances, subway tile backsplash, and laminate wood flooring throughout, with no evidence of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Turnkey Condition
Built in 2022, this home features contemporary finishes including quartz countertops, stainless steel appliances, and laminate flooring, offering a move-in-ready experience with no immediate renovation needed.
- Resort-Style Amenities
Located in the Rienda neighborhood, the property offers access to premium community facilities including multiple pools, pickleball courts, fitness centers, and a clubhouse, providing a high-quality lifestyle.
- Functional Single-Story Layout
The second-level, single-story floor plan features an open-concept great room and a private balcony, maximizing natural light and providing a seamless flow for entertaining.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $802.13 is relatively high for a two-bedroom condo, which significantly increases the total monthly carrying costs for the owner.
- Limited Parking and Storage
The property only includes a detached one-car garage, which may be a challenge for households with multiple vehicles or those requiring additional on-site storage.
About 1301 Lasso Way 205
Welcome to this stylish second-level, single-story condo located in the desirable Rienda neighborhood of Rancho Mission Viejo. This light and bright home features laminate wood flooring and recessed lighting throughout, with a spacious great room where the kitchen seamlessly opens to the living and dining areas. The modern kitchen is appointed with quartz countertops, white cabinetry, subway tile backsplash, stainless steel appliances, and a center island with bar seating—perfect for everyday living and entertaining. The dining area opens to a private balcony, ideal for morning coffee or evening relaxation. The primary bedroom offers a walk-in closet and an en-suite bathroom featuring dual sinks and a walk-in shower. A secondary bedroom is conveniently located adjacent to a full hall bathroom. Additional highlights include a detached one-car garage. Enjoy resort-style community amenities including multiple pools, pickleball and bocce courts, fitness centers, clubhouse, arcade room, and year-round neighborhood events. Located near the scenic Builder Pond and surrounded by highly rated local schools, with shopping, dining, beaches, and the 241 Toll Road just minutes away.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2022
- Lot Size
- 111,338 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $802.13 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 3.0 | 22% |
| Square foot | 1,089 | 1,498 | 10% |
| Lot Size | 111,338 | 2,200 | 68% |
| Price | $649.9K | $850.0K | 9% |
| Price per sq ft | $597 | $576 | 61% |
| Built year | 2022 | 2014 | 78% |
| HOA | $802.13 | $290 | 99% |
| Days on market | 44 | 164 | 6% |
Pricing History
Listed for Sale
Mar 5, 2026
$649,900
$665,000
-2% Price Drop
Initial Listing
Price Change
Jan 22, 2026
$665,000
Initial Listing


















