145 Valley View Terrace, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath
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Mission Viejo, California 92692
This Turnkey Condominium is a Strong Value Opportunity, listed at $720,000—positioned above the $688,328 Fair Market Value. While priced slightly above market, the property maintains a Condition Rating of 3, featuring custom cabinetry and modern safety upgrades. Residents benefit from a private balcony, attached two-car garage, and access to Lake Mission Viejo amenities. Located within the Saddleback Valley Unified School District, this home offers a stable, low-maintenance lifestyle. It is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready residence in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 145 Valley View Terrace Subject | $720,000* List Price | 2 | 2 | 1,081 | $637 | - |
A 188 Valley View Sold | $875,000 | 3 | 3 | 1,339 | $653 | 0.0 mi |
B 28901 Paseo Sabatini Sold | $796,900 | 2 | 2 | 1,278 | $624 | 0.9 mi |
C 194 California Court Sold | $635,000 | 2 | 2 | 900 | $706 | 0.1 mi |
D 120 California Court Sold | $608,000 | 2 | 2 | 957 | $635 | 0.1 mi |
E 321 Trailblazer Sold | $818,500 | 2 | 2 | 1,369 | $598 | 0.4 mi |
F 263 California Court Sold | $725,000 | 2 | 2 | 1,365 | $531 | 0.1 mi |
G 165 California Court Active Under Contract | $620,000 List Price | 2 | 2 | 843 | $735 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1993 (31 years old), the property is exceptionally well-maintained and move-in ready. The kitchen features custom cabinetry and a new dishwasher, and the interior is enhanced with plantation shutters and a clean, functional layout. While the age technically hits the 30-year mark, the lack of safety or structural defects and the presence of modern updates like stainless steel appliances and new safety detectors elevate it above the 'Fair' or 'Poor' categories.
The property offers exceptional value with no Mello Roos and relatively low HOA dues, providing significant monthly savings while maintaining access to premium Lake Mission Viejo amenities.
As a corner carriage-unit with an attached two-car garage, this home provides enhanced privacy, additional natural light, and the rare benefit of having no neighbors living above or below the main living space.
Residents benefit from both local community features like a private pool and spa, as well as exclusive access to Lake Mission Viejo for boating, fishing, and seasonal events.
The carriage-unit design places all main living areas on the upper floor, which may be a drawback for buyers with mobility concerns or those specifically seeking single-level living.
With 1,081 square feet of living space, the interior footprint is relatively modest for a two-bedroom home, potentially limiting its appeal to buyers who require larger rooms or a home office.
Welcome home to 145 Valley View Terrace, a desirable corner carriage-unit condo located in the sought-after California Terrace community of Mission Viejo. This well-maintained home offers a bright and functional floor plan with all main living spaces conveniently located upstairs. The open-concept living and dining areas create a comfortable space for everyday living, featuring a cozy fireplace and access to a private charming balcony—perfect for relaxing, entertaining, or enjoying outdoor dining. The kitchen features custom cabinetry, a new dishwasher, and with plenty of storage. The home offers comfortable living throughout, with the convenience of an attached two-car garage and a layout that maximizes both privacy and functionality. Recent improvements include newly replaced fire alarms and CO detectors for added peace of mind. Residents of California Terrace enjoy access to a private pool and spa, along with Lake Mission Viejo Association amenities. With low HOA dues, NO Mello Roos, ample guest parking, and a convenient location near shopping, dining, parks, and the 241 Toll Road, this home provides an excellent opportunity to enjoy the highly desirable Mission Viejo lifestyle.
No exterior & parking available.
Grades K-6 • 3.6 mi
Grades 7-8 • 4.5 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,081 | 1,369 |
| Lot Size | 75,750 | 70,876 |
| Price | $720.0K | $736.2K |
| Price per sq ft | $666 | $608 |
| Built year | 1993 | 1983 |
| HOA | $340.0 | $444 |
| Days on market | 3 | 55 |
Jul 19, 2026
$720,000
Initial Listing
Aug 25, 2000
$179,000
Public Record