1500 Lasso Way 205, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 2 bed, 2 bath

1500 Lasso Way 205, Rancho Mission Viejo, California 92694 home-pic-0

1500 Lasso Way 205

Rancho Mission Viejo, California 92694

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,089Sq Ft
1,150Lot Size

Property Price

LIST PRICE$670,000

SUMMARY

Analysis of 1500 Lasso Way 205, Rancho Mission Viejo, California 92694 is currently available with a list price of $670,000. 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2022, this property is virtually new and meets all modern quality standards. The interior features a contemporary open-concept kitchen with stainless steel appliances, upgraded flooring, modern light fixtures, and pristine bathrooms. With paid solar and no deferred maintenance, the home is in top-tier condition.

PROSSTRENGTHS & OPPORTUNITIES

  • Energy Efficiency & Modernity

    Built in 2022, this contemporary home features modern upgrades and fully paid solar panels, providing significant long-term savings on utility costs and low-maintenance living.

  • Premium Corner Location

    As a corner unit, the residence offers enhanced privacy, increased natural light from multiple exposures, and peaceful hillside views that are not available in standard interior units.

  • World-Class Community Amenities

    The property grants access to Rancho Mission Viejo’s award-winning resort-style facilities, including multiple pools, state-of-the-art fitness centers, community farms, and extensive sports courts.

CONSRISKS & DEFICIENCIES

  • Recently Sold Property

    The property was recently sold within the past year on 2025-03-13. The sold price is $680,000.00.

  • Compact Living Space

    At 1,089 square feet, the interior footprint may feel restrictive for buyers transitioning from larger homes or those requiring a dedicated home office in addition to two bedrooms.

  • Lack of Private Yard

    As a second-story condominium, the property lacks a private ground-level yard, which may be a disadvantage for pet owners or buyers seeking traditional outdoor utility.

About 1500 Lasso Way 205

Welcome to 1500 Lasso Way #205, a beautifully upgraded corner home that radiates warmth, comfort, and effortless style in the award-winning community of Rancho Mission Viejo. Perched in one of Rancho Mission Viejo’s newest and most walkable neighborhoods, this 2-bedroom, 2-bath residence offers a bright, airy layout filled with natural light from multiple exposures and peaceful views of the surrounding hills. Step inside and you’ll immediately appreciate the inviting flow of the open-concept living space, enhanced by upgraded flooring and a soothing, light-and-bright palette that makes the home feel both modern and welcoming. The thoughtfully designed kitchen opens seamlessly to the dining area and living room, creating the perfect space for everyday living and relaxed entertaining. Just outside, the private balcony becomes your go-to spot for morning coffee, sunset breezes, or simply taking in the scenic hillside backdrop. Both bedrooms are generously sized, offering comfort and privacy, while paid solar adds energy efficiency and low-maintenance convenience. As a corner unit, this home enjoys added privacy, enhanced natural light, and an uplifting sense of openness throughout. Located just moments from RMV’s award-winning amenities, resort-style pools, fitness centers, parks, hiking trails, and vibrant community spaces, you’ll experience a lifestyle that feels both enriching and connected. Immerse yourself in the exceptional amenities of Rancho Mission Viejo, including the vibrant Ranch Camp, the state-of-the-art Ranch Cove community pool and gym, and countless recreational opportunities that define the unmatched lifestyle of this community. Exclusive to Rancho Mission Viejo residents are all amenities in the Villages of Sendero, Esencia, Rienda, and future Villages. There are community amenities for all from breath-taking resort-style pools and spas, Esencia school K-8, community farms, fitness centers, guest house, putting green, bocce ball courts, tennis and pickle ball courts, playgrounds, coffee shop, fire pits, an arcade and so much more!

Property Details

Public Facts

Property Type
Condominium
Year Built
2022
Lot Size
1,150 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$246.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.03.0
22%
Square foot1,0891,498
10%
Lot Size1,1501,800
36%
Price$670.0K$850.0K
9%
Price per sq ft$615$576
68%
Built year20222014
78%
HOA$246.0$290
44%
Days on market92164
18%

Pricing History

Listed for Sale

Feb 21, 2026

$670,000

$675,000

-1% Price Drop

Initial Listing

Price Change

Dec 31, 2025

$675,000

$685,000

-1% Price Drop

Initial Listing

Price Change

Dec 5, 2025

$685,000

Initial Listing

Sold

Mar 13, 2025

$680,000

Public Record

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