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21036 Pennington Lane, Trabuco Canyon, California 92679, Trabuco Canyon, 92679 - 4 bed, 3 bath

21036 Pennington Lane, Trabuco Canyon, California 92679 home-pic-0
ACTIVE UNDER CONTRACT$1,330,000
21036 Pennington Lane, Trabuco Canyon, California 92679
4Beds
3Baths
1,906Sqft
8,300Lot

Price Vs. Estimate

The estimated value ($1,330,000) is $0 (0%) lower than the list price ($1,330,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8300, living area = 1906.
Top Cons:
Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $1.4749M to the current $1.33M, which may suggest initial overpricing or market resistance.

Compared to the nearby listings

Price:$1.33M vs avg $1.65M ($-320,000)21%
Size:1,906 sqft vs avg 2,970 sqft15%
Price/sqft:$698 vs avg $62774%

More Insights

Built in 1987 (38 years old).
Condition: Built in 1987, this property is well-maintained and move-in ready. The kitchen has been significantly upgraded with modern quartz countertops, custom white shaker cabinetry, stainless steel appliances, and a stylish herringbone backsplash, indicating a renovation within the last 5-15 years. Major systems like the water heater were replaced recently (2021), and central A/C is functional. While the bathrooms are clean and functional, they feature more dated elements such as older vanities, countertops, and strip lighting, suggesting they have not undergone a full recent renovation to the same extent as the kitchen. The flooring includes clean terracotta-style tile and carpet, which are well-kept but not brand new. Overall, the property is in good condition, offering comfortable living without immediate renovation needs, though some buyers might consider cosmetic updates to the bathrooms.
Year Built
1987
Close
-
List price
$1.33M
Original List price
$1.47M
Price/Sqft
$698
HOA
$161
Days on market
-
Sold On
-
MLS number
OC25088786
Home ConditionGood
Features
Excellent View: Mountain(s), Panoramic
Deck
Patio
ViewMountain(s), Panoramic

About this home

Welcome to 21036 Pennington Lane — a beautifully appointed single-family home tucked away in the tranquil Trabuco Highlands community. With unobstructed, panoramic views of the Saddleback Mountains, this home offers the perfect blend of comfort, convenience, and natural beauty. Property Highlights 4 Bedrooms | 3 Bathrooms | 1,906 Sq. Ft. Built in 1987 with timeless charm Main floor bedroom and full bath for added flexibility Central A/C + QuietCool whole house fan Water heater replaced in June 2021 2-car attached garage Low HOA: $184/month Step inside to find a bright, open layout designed for both everyday living and entertaining. The inviting living area features tile flooring and a cozy fireplace, while the upgraded kitchen is a chef’s delight with quartz countertops, custom cabinetry, stainless steel appliances, and large windows framing sweeping mountain views. Upstairs, the primary suite opens to a private balcony, the perfect spot to relax and take in the scenery. Outdoors, enjoy a backyard designed for fun and relaxation—whether it’s a game of pool, practicing your putt, or enjoying the swing set with loved ones, the possibilities are endless. Community Amenities As a Trabuco Highlands resident, you’ll have access to: Sparkling swimming pool & spa Playground and picnic areas Outdoor cooking area for gatherings Location Benefits This peaceful neighborhood offers the best of suburban living, with top-rated Saddleback Valley Unified schools, plus easy access to shopping, dining, and nearby parks and trails for outdoor recreation. 21036 Pennington Lane isn’t just a house—it’s a lifestyle. Come experience the views, the comfort, and the community you’ll love to call home.

Nearby schools

7/10
Robinson Elementary School
Public,•K-6•0.4mi
/10
Trabuco Elementary School
Public,•K-6•1.1mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•1.4mi
8/10
Trabuco Hills High School
Public,•9-12•4.8mi
7/10
Mission Viejo High School
Public,•9-12•7.2mi
Condition Rating
Good
Built in 1987, this property is well-maintained and move-in ready. The kitchen has been significantly upgraded with modern quartz countertops, custom white shaker cabinetry, stainless steel appliances, and a stylish herringbone backsplash, indicating a renovation within the last 5-15 years. Major systems like the water heater were replaced recently (2021), and central A/C is functional. While the bathrooms are clean and functional, they feature more dated elements such as older vanities, countertops, and strip lighting, suggesting they have not undergone a full recent renovation to the same extent as the kitchen. The flooring includes clean terracotta-style tile and carpet, which are well-kept but not brand new. Overall, the property is in good condition, offering comfortable living without immediate renovation needs, though some buyers might consider cosmetic updates to the bathrooms.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8300, living area = 1906.
Panoramic Mountain Views: The property offers unobstructed, panoramic views of the Saddleback Mountains, providing a serene and picturesque backdrop.
Upgraded Kitchen: The kitchen has been upgraded with quartz countertops, custom cabinetry, and stainless steel appliances, appealing to modern tastes.
Main Floor Bedroom & Bath: A convenient main floor bedroom and full bathroom offer excellent flexibility for guests or multi-generational living.
Top-Rated School District: Located within the top-rated Saddleback Valley Unified School District, a significant draw for families.
Community Amenities & Low HOA: Residents enjoy access to a sparkling swimming pool & spa, playground, picnic areas, and an outdoor cooking area, all with a relatively low HOA fee of $184/month.

Cons

Significant Price Reductions: The property has undergone multiple price reductions from its original list price of $1.4749M to the current $1.33M, which may suggest initial overpricing or market resistance.
Age of Property & Potential for Older Systems: Built in 1987, the home is 37 years old. While some updates are noted (kitchen, water heater, AC), other major systems like the roof, windows, or plumbing may be original and could require future maintenance or replacement.
Moderate Square Footage: With 1,906 sq. ft. for 4 bedrooms and 3 bathrooms, some buyers may find the individual room sizes to be on the smaller side, potentially impacting perceived spaciousness.

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