
Rancho Mission Viejo, California 92694
This Turnkey Condominium represents a Strong Value Opportunity, listed at $699,000—positioned well below the $712,415 Fair Market Value by 2%. This valuation gap offers $13,415 in Instant Equity for the buyer. Featuring a 2023 Mint Condition Rating, this Lennar-built residence offers modern finishes, a private garage, and scenic Canyon and Hill views. Located in the Rienda community, it provides an effortless lifestyle near premium amenities. This property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a low-maintenance, modern sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1501 Lasso 202 Subject | $699,000* List Price | 2 | 2 | 1,204 | $592 | - |
A 1500 Lasso Way 205 Sold | $660,000 | 2 | 2 | 1,089 | $606 | 0.0 mi |
B 1301 Lasso Way 205 Sold | $654,000 | 2 | 2 | 1,089 | $601 | 0.0 mi |
C 1200 Lasso Way 303 Sold | $689,000 | 2 | 2 | 1,251 | $551 | 0.1 mi |
D 1000 Lasso Way 301 Sold | $675,000 | 2 | 2 | 1,036 | $652 | 0.1 mi |
E 1300 Lasso Way 305 Sold | $677,500 | 2 | 2 | 1,089 | $622 | 0.1 mi |
F 131 Graze Way Sold | $825,000 | 2 | 3 | 1,272 | $649 | 0.1 mi |
G 20 Wisteria Street Sold | $800,000 | 2 | 3 | 1,272 | $629 | 0.2 mi |
H 112 Juniper Drive Sold | $595,000 | 1 | 2 | 977 | $609 | 0.1 mi |
I 1000 Lasso 303 Active | $684,900 List Price | 2 | 2 | 1,251 | $547 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2023, this property is in mint condition. The kitchen and bathrooms feature modern finishes, including quartz countertops and stainless steel appliances. As a new construction home, all systems (HVAC, electric, plumbing) are less than two years old and require no maintenance.
Built in 2023 by Lennar, this newer residence offers contemporary design, energy efficiency, and a low-maintenance lifestyle in the highly sought-after Rienda community.
The property is situated just 0.1 miles from Boulder Pond and within walking distance to premium fitness centers, pools, and scenic trails, offering an unparalleled lifestyle.
The second-floor, single-level floor plan provides an open, light-filled living space that maximizes accessibility while offering scenic canyon and hill views.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1204, other record living area = 1251.
The inclusion of only a private one-car garage may be a significant drawback for households with multiple vehicles or those requiring extra storage space.
The property features leased solar panels, which requires the buyer to assume a monthly financial obligation and may be less desirable than an owned system.
Newer construction, effortless living, and the Rancho Mission Viejo lifestyle come together in this 2023 Lennar-built residence in Rienda. A second-floor, single-level floor plan puts two bedrooms, two full baths, and approximately 1,204 square feet of open, light-filled space all on one level. An attached private one-car garage, leased solar, and lovely views complete the picture. The setting is the story here. Boulder Pond & Playground sits roughly [0.1] miles from the front door — a 3.5-acre pond with about half a mile of paths for morning laps and evening strolls. The Ranch’s amenity centers are approximately [0.5] miles from the home, bringing the fitness center, spa, and pools within easy reach, with Ranch Camp and The Rienda Plunge nearby as well. Beyond that: clubhouses, pickleball courts, parks, community farms, sports facilities, and miles of scenic trails. Low-maintenance, newer construction, and surrounded by recreation, this is Southern California living without the upkeep. Come experience what makes Rienda different.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.5 |
| Baths | 2.0 | 2.8 |
| Square foot | 1,204 | 1,561.792 |
| Lot Size | 50,668 | 29,232.333 |
| Price | $699.0K | $966.9K |
| Price per sq ft | $581 | $623 |
| Built year | 2023 | 2018 |
| HOA | $246.0 | $352 |
| Days on market | 28 | 57 |
Aug 12, 2026
$699,000
Initial Listing