21091 Redwood Lane, Mission Viejo, California 92691, Mission Viejo, 92691 - 3 bed, 3 bath
ACTIVE$1,145,000
21091 Redwood Lane, Mission Viejo, California 92691
3Beds
3Baths
1,677Sqft
4,400Lot
Price Vs. Estimate
The estimated value ($744,509.63) is $400,490.37 (34%) lower than the list price ($1,145,000). This property may be overpriced.
Key pros and cons
Top Pros:
Desirable Neighborhood: Located in the established Evergreen Ridge subdivision in Mission Viejo, known for its community feel and highly-rated schools, making it an attractive residential area.
Top Cons:
Significant Overpricing: The current list price of $1,145,000 is substantially higher than the estimated market value of $744,509.63, indicating a potential overvaluation and a need for a price adjustment to align with market expectations.
Compared to the nearby listings
Price:$1.15M vs avg $1.32M ($-172,500)20%
Size:1,677 sqft vs avg 1,950 sqft36%
Price/sqft:$683 vs avg $66553%
More Insights
Built in 1984 (41 years old).
Condition: The property was built in 1984, making it 40 years old. The listing description is very generic and does not mention any recent renovations or upgrades. The visible interior images show dated ceramic tile flooring and a traditional light fixture in the dining area, suggesting that the home has not undergone a major renovation in recent years. Without specific details or images of the kitchen and bathrooms, and given the age and lack of stated updates, it's highly probable these areas are original or have older renovations, requiring significant aesthetic updates to meet current standards. The exterior appears maintained, but the interior elements indicate an aged home that has been kept up but not modernized.
Year Built
1984
Close
-
List price
$1.15M
Original List price
$1.25M
Price/Sqft
$683
HOA
-
Days on market
-
Sold On
-
MLS number
PW25091110
Home ConditionFair
Features
View-
About this home
BEAUTIFUL PROPERTY, 3 BEROOMS, 2 BATHS,SEPARATE FAMILY ROOM. GREAT AREA.
Nearby schools
5/10
Del Lago Elementary School
Public,•K-6•0.8mi
7/10
Montevideo Elementary School
Public,•K-6•3.2mi
7/10
La Paz Intermediate School
Public,•7-8•4.2mi
8/10
Trabuco Hills High School
Public,•9-12•0.3mi
Condition Rating
Fair
The property was built in 1984, making it 40 years old. The listing description is very generic and does not mention any recent renovations or upgrades. The visible interior images show dated ceramic tile flooring and a traditional light fixture in the dining area, suggesting that the home has not undergone a major renovation in recent years. Without specific details or images of the kitchen and bathrooms, and given the age and lack of stated updates, it's highly probable these areas are original or have older renovations, requiring significant aesthetic updates to meet current standards. The exterior appears maintained, but the interior elements indicate an aged home that has been kept up but not modernized.
Pros & Cons
Pros
Desirable Neighborhood: Located in the established Evergreen Ridge subdivision in Mission Viejo, known for its community feel and highly-rated schools, making it an attractive residential area.
Functional Layout: The property features a separate family room, providing versatile living space and a desirable floor plan for various household needs.
Good Bed/Bath Ratio: With 3 bedrooms and 3 bathrooms, the property offers a convenient and practical layout, accommodating residents and guests comfortably.
Access to Lake Mission Viejo Amenities: As part of the Evergreen Ridge community, residents likely enjoy access to the private Lake Mission Viejo, offering a range of recreational activities and enhancing lifestyle appeal.
Strong School District: The property is zoned for the highly-rated Saddleback Valley Unified School District, including Trabuco Hills High School (rating 8) and Del Lago Elementary (rating 5), a significant draw for families.
Cons
Significant Overpricing: The current list price of $1,145,000 is substantially higher than the estimated market value of $744,509.63, indicating a potential overvaluation and a need for a price adjustment to align with market expectations.
Lack of Explicit Modern Upgrades: The generic property description does not mention any specific modern updates or renovations, suggesting the home may require significant investment for upgrades (e.g., kitchen, baths, HVAC, windows) to compete with recently sold, highly-upgraded comparables in the area.
No View: The property explicitly states 'view: None,' which could be a disadvantage in a market where many comparable properties offer desirable mountain, greenbelt, or sunset views, potentially impacting its appeal and value.