18992 Canyon Terrace Drive, Trabuco Canyon, California 92679, Trabuco Canyon, 92679 - 3 bed, 3 bath
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18992 Canyon Terrace Drive
Trabuco Canyon, California 92679
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
3Baths
1,297Sq Ft
162,988Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$813,218
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $828,000—positioned well below the $823,641 Fair Market Value (Note: Market is stable/fair). Featuring a remodeled kitchen, spa-inspired bathrooms, and a brand-new HVAC system, the property maintains an Excellent Condition Rating. Residents enjoy serene canyon views and access to a community pool and spa. Located within the Saddleback Valley Unified district, including the highly-rated Portola Hills Elementary, this home is an ideal sanctuary for first-time buyers or owner-occupants seeking a polished, move-in-ready lifestyle.
Estimated Market Value
$813,218
Based on Realkey algorithm analyzing recent comparable sales in Trabuco Canyon.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18992 Canyon Terrace Drive Subject | $799,000* List Price | 3 | 3 | 1,297 | $627 | - |
A 18950 Canyon View Sold | $573,000 | 2 | 1 | 833 | $688 | 0.2 mi |
B 28871 Canyon Point Sold | $560,000 | 2 | 2 | 873 | $641 | 0.2 mi |
C 28342 Boulder Drive Sold | $800,000 | 3 | 3 | 1,256 | $637 | 0.8 mi |
D 19651 Orviento Active | $824,999 List Price | 3 | 3 | 1,214 | $680 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1986, the property has undergone a comprehensive recent remodel including a brand-new HVAC system, updated kitchen, and spa-inspired bathrooms. The interior features modern flooring, recessed lighting, and turnkey finishes, meeting the criteria for a renovation under 5 years old.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Upgrades
The property is move-in ready featuring a fully remodeled kitchen, spa-inspired bathrooms, and a brand-new A/C and heating system, ensuring immediate comfort and style.
- Scenic Canyon Location
Tucked away on a quiet cul-de-sac, the home offers serene canyon and hillside views complemented by soaring vaulted ceilings and abundant natural light.
- Strong School District
Located within the Saddleback Valley Unified district, the home is served by high-performing schools, including Portola Hills Elementary with an 8/10 rating.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The monthly association fee of $460 represents a significant recurring carrying cost that may impact the overall affordability for some buyers.
- Compact Square Footage
With only 1,297 square feet for a three-bedroom configuration, the interior living space may feel tight for families or those requiring larger common areas.
About 18992 Canyon Terrace Drive
Welcome to 18992 Canyon Terrace Drive, where sophisticated modern design meets the peaceful beauty of Trabuco Canyon. Tucked away on a quiet cul-de-sac, this beautifully remodeled home is filled with abundant natural light, soaring vaulted ceilings, and thoughtfully curated updates that create a warm, inviting atmosphere from the moment you step inside. A brand-new A/C and heating system adds year-round comfort, while every detail has been carefully selected to deliver effortless, move-in-ready living. The stunning remodeled kitchen and spa-inspired bathrooms offer timeless style and everyday functionality, while expansive windows frame serene canyon and hillside views. Step outside to your private patio and enjoy morning coffee or outdoor dining surrounded by the natural beauty of the canyon. Complete with an attached two-car garage and access to the community pool and spa, this exceptional home offers the perfect blend of privacy, comfort, and convenience. Opportunities to own a turnkey home with this level of quality, natural light, and tranquil setting are few and far between—don't miss your chance to experience one of Trabuco Canyon's best values before it's gone.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 162,988 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $460.0 / Month
Neighborhood Insights
Trabuco Canyon Unified Schools
Portola Hills Elementary School
Grades K-6 • 0.5 mi
8/10
Serrano Intermediate School
Grades 7-8 • 5.6 mi
6/10
El Toro High School
Grades 9-12 • 5.1 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 1.5 |
| Square foot | 1,297 | 824.5 |
| Lot Size | 162,988 | 208,887 |
| Price | $799.0K | $605.0K |
| Price per sq ft | $616 | $668 |
| Built year | 1986 | 1989 |
| HOA | $460.0 | $609 |
| Days on market | 44 | 95 |
Pricing History
Listed for Sale
Aug 15, 2026
$799,000
$828,000
-4% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$828,000
Initial Listing
Sold
Nov 13, 2020
$550,000
Public Record