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131 Valley View Terrace, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 3 bath

131 Valley View Terrace, Mission Viejo, California 92692 home-pic-0
ACTIVE$750,000
131 Valley View Terrace, Mission Viejo, California 92692
2Beds
3Baths
1,177Sqft
77,596Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Location & Community: Situated in the highly desirable California Terrace community, offering proximity to parks, hiking trails, shopping, dining, and top-rated schools, plus exclusive access to Lake Mission Viejo.
Top Cons:
Monthly Association Fee: The $340 monthly association fee adds a recurring cost to homeownership, which can impact affordability for some buyers.

Compared to the nearby listings

Price:$750.0K vs avg $840.0K ($-90,000)22%
Size:1,177 sqft vs avg 1,351 sqft20%
Price/sqft:$637 vs avg $60963%

More Insights

Built in 1993 (32 years old).
Condition: Built in 1993, this property is 31 years old. While the living room features updated laminate flooring, the bathrooms, though clean and functional, show signs of being outdated with styles such as a pedestal sink in the half bath and Hollywood strip lighting in the full bath. Crucially, there are no images of the kitchen, which is a key component for assessment; assuming it aligns with the visible bathroom styles, it would likely require significant updates. The property appears well-maintained but would benefit from minor updates to modernize key areas.
Year Built
1993
Close
-
List price
$750K
Original List price
$750K
Price/Sqft
$637
HOA
$340
Days on market
-
Sold On
-
MLS number
OC25148209
Home ConditionFair
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

Located in the desirable California Terrace community, this lovely corner unit that is 2 bedrooms and 2.5 bathrooms offers exceptional privacy where you can enjoy an open layout where the living, dining, and kitchen areas are perfectly integrated, great for entertaining or quiet evenings at home. This home includes a private patio, perfect for morning coffee or relaxation. Upstairs you'll find the primary suite with an attached bathroom along with a second bedroom conveniently located near its own full bathroom. The attached two-car garage provides direct access and ample storage. The outside has peaceful views of trees and mature landscaping from nearly every window and your front door. You have access to the community pool and Lake Mission Viejo. Ideally located near parks, hiking trails, shopping, dining, and top-rated schools. Don't miss your opportunity to own this private home in one of Mission Viejo's most desirable communities.

Nearby schools

7/10
Montevideo Elementary School
Public,•K-6•3.5mi
7/10
La Paz Intermediate School
Public,•7-8•4.5mi
8/10
Trabuco Hills High School
Public,•9-12•0.8mi
Condition Rating
Fair
Built in 1993, this property is 31 years old. While the living room features updated laminate flooring, the bathrooms, though clean and functional, show signs of being outdated with styles such as a pedestal sink in the half bath and Hollywood strip lighting in the full bath. Crucially, there are no images of the kitchen, which is a key component for assessment; assuming it aligns with the visible bathroom styles, it would likely require significant updates. The property appears well-maintained but would benefit from minor updates to modernize key areas.
Pros & Cons

Pros

Prime Location & Community: Situated in the highly desirable California Terrace community, offering proximity to parks, hiking trails, shopping, dining, and top-rated schools, plus exclusive access to Lake Mission Viejo.
Exceptional Privacy: As a corner unit, the property provides enhanced privacy, a significant advantage within a condominium setting.
Open Concept Living: Features an integrated open layout for the living, dining, and kitchen areas, promoting a spacious feel and ideal for both entertaining and daily living.
Valuable Amenities: Residents benefit from access to a community pool and the exclusive Lake Mission Viejo, enhancing lifestyle and recreational opportunities.
Convenient Attached Garage: Includes an attached two-car garage with direct access, offering both convenience and essential storage space.

Cons

Monthly Association Fee: The $340 monthly association fee adds a recurring cost to homeownership, which can impact affordability for some buyers.
Modest Square Footage: With 1177 sqft, the living space is relatively compact, potentially limiting for buyers desiring larger rooms or more expansive living areas.
Condominium Lifestyle: As a condominium, the property entails shared walls and adherence to HOA rules and regulations, which may not suit all buyers seeking complete autonomy or a detached home experience.

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