1400 Lasso Way 203, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 2 bed, 2 bath

1400 Lasso Way 203, Rancho Mission Viejo, California 92694 home-pic-0
ACTIVE$725,000
1400 Lasso Way 203, Rancho Mission Viejo, California 92694
2Beds
2Baths
1,377Sqft
Lot
Year Built
2023
Close
-
List price
$725K
Original List price
$730K
Price/Sqft
$527
HOA
$604.9
Days on market
-
Sold On
-
MLS number
250037943SD
Home ConditionExcellent
Features
Good View:
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $725.0K(15th), sqft - 1377(24th), beds - 2(47th), baths - 2(15th).

Seller offering credit for rate buy-down! Welcome to your dream home in Rancho Mission Viejo’s coveted Rienda Community. Amazing deal for right buyer, assumable mortage! This stunning second-floor residence blends comfort and sophistication with a rare single-level floor plan offering 2 bedrooms, 2 full baths, and a versatile den, perfect as a home office, sitting area, or hobby space. The open-concept design connects the kitchen, dining, and living areas into one inviting Great Room with access to a private balcony for outdoor relaxation. The modern kitchen features a spacious island with stainless basin sink, quartz countertops, soft-close cabinetry, and stainless steel appliances including a WiFi-enabled oven with gas range. The stylish primary suite is privately situated opposite the secondary bedroom and boasts a walk-in shower, dual vanities, and walk-in closet. Solar owned. Additional upgrades include beautiful flooring, window shutters, tankless water heater, and fully paid solar. Convenience abounds with direct access one-car garage plus in-unit full-size washer and dryer. Enjoy resort-style amenities: multiple pools, the 20,000 sq. ft. Lagoon, Boulder Pond and playground, parks, trails, Ranch Camp, fitness center, firepits, lounges, dog park, pickleball, tennis, and the future Rienda K-8 school. Experience the best of California living in Rancho Mission Viejo! Welcome to Portico in Rancho Mission Viejo’s highly sought-after Rienda community—where modern living meets resort-style amenities and the California lifestyle shines. Living here means more than just owning a home; it’s about experiencing a vibrant community designed for connection, wellness, and recreation. Residents enjoy unmatched amenities including multiple swimming pools, the spectacular 20,000 sq. ft. Lagoon Pool, Boulder Pond and playground, scenic walking and biking trails, Ranch Camp fitness and gathering spaces, firepits and lounges, dog park, pickleball and tennis courts, and the upcoming Rienda K-8 school—all just steps from your door. This beautifully designed second-floor Portico residence offers rare single-level living with 2 bedrooms, 2 full baths, and a flexible den that can serve as a home office, cozy retreat, or creative space. The open-concept Great Room seamlessly connects kitchen, dining, and living areas, extending to a private balcony perfect for relaxing outdoors. The sleek kitchen features a large island with quartz countertops, stainless steel appliances, soft-close cabinetry, and WiFi-enabled gas range. The spacious primary suite, thoughtfully separated for privacy, boasts a walk-in shower, dual sinks, and walk-in closet. Modern comforts include beautiful flooring, shutters, tankless water heater, paid solar, direct-access garage, and full-size washer/dryer. Portico at Rienda offers more than a home—it offers a lifestyle. Come experience the best of Rancho Mission Viejo living!

Price History

Date
Event
Price
09/17/25
Price Change
$725,000-0.7%
09/02/25
Listing
$730,000
Condition Rating
Excellent

This property was built in 2023, making it virtually brand new. The kitchen features modern white soft-close cabinetry, quartz countertops, stainless steel appliances (including a WiFi-enabled gas range), and a contemporary sink and faucet. Bathrooms boast dual vanities and walk-in showers, reflecting current design trends. The property includes new flooring, window shutters, a tankless water heater, and owned solar, indicating high-quality, up-to-date systems and finishes throughout with no deferred maintenance.
Pros & Cons

Pros

New Construction & Modern Features: Built in 2023, the property boasts contemporary design, a modern kitchen with high-end finishes (quartz, stainless steel, WiFi oven), and recent upgrades like beautiful flooring, shutters, and a tankless water heater.
Extensive Resort-Style Community Amenities: Residents enjoy access to a wide array of resort-style amenities including multiple pools, a 20,000 sq. ft. Lagoon, fitness center, parks, trails, dog park, and sports courts, fostering a vibrant lifestyle.
Significant Financial Incentives: The seller is offering a credit for a rate buy-down and an assumable mortgage option, providing substantial financial benefits and potentially lower monthly payments for qualified buyers.
Energy Efficiency & Cost Savings: Featuring a fully owned and paid solar system, this home offers reduced utility costs and a lower environmental footprint, adding long-term value.
Functional Single-Level Layout with Versatile Den: A rare single-level floor plan on the second floor provides comfortable living, complemented by a versatile den ideal for a home office or hobby space.

Cons

High Monthly Association Fees: The substantial monthly association fee of $604.90 adds a significant recurring cost to homeownership, which could be a deterrent for budget-conscious buyers.
Townhouse Living Limitations: As a townhouse, the property shares walls with adjacent units, potentially leading to noise transfer and offering less privacy and outdoor space compared to a detached single-family home.
Second-Floor Access: Being a second-floor unit, access requires navigating stairs (unless an elevator is available, which is not specified), which could be a consideration for buyers with mobility concerns or those preferring direct ground-level entry.

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