
Mission Viejo, California 92691
This Turnkey Condominium represents a Strong Value Opportunity, listed at $629,000—positioned slightly above the $602,219 Fair Market Value. While the price reflects a premium, the property maintains a Condition Rating of 3, offering a move-in ready experience with fresh paint, laminate flooring, and a Granite Kitchen. Residents enjoy a lifestyle-focused community with pools, spas, and Lake Mission Viejo access, all within the Saddleback Valley Unified district. This home is an ideal sanctuary for first-time buyers or downsizing professionals seeking a low-maintenance, amenity-rich residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21122 Aqua Subject | $629,000* List Price | 2 | 2 | 942 | $639 | - |
A 27844 Violet 155 Sold | $625,000 | 2 | 2 | 942 | $663 | 0.1 mi |
B 27906 Amber 231 Sold | $650,000 | 2 | 2 | 1,206 | $539 | 0.0 mi |
C 27977 Ivory 264 Sold | $580,000 | 2 | 1 | 840 | $690 | 0.1 mi |
D 27974 Crimson Active | $614,900 List Price | 2 | 2 | 942 | $653 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989 (37 years old), the property has been recently 'refreshed' with new laminate flooring, fresh paint, and granite countertops. While the kitchen cabinetry and white appliances are dated and the bathroom vanities appear original, the home is well-maintained, functional, and move-in ready, fitting the 5-15 year renovation profile.
The property has been recently refreshed with new paint, granite countertops, and a mix of laminate and stone flooring, offering a turnkey experience for immediate occupancy.
Residents enjoy extensive facilities including two pools, spas, and exclusive membership privileges at Lake Mission Viejo, significantly enhancing the Southern California lifestyle.
A rare find for a condo, this unit features a private backyard and covered patio surrounded by mature trees, providing a secluded space for gardening and entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =61235, other record lot size in square feet = 1913.
The monthly HOA fee of $505 is relatively high for a two-bedroom unit, which may impact the overall monthly affordability for budget-conscious buyers.
The 1.25-bath layout may be less desirable for families or roommates compared to a standard two-bath configuration, potentially limiting the buyer pool.
Move-in-ready 2-bedroom, 1.25-bath condo in Mission Viejo’s Rainbow Ridge community with a private backyard, covered patio, direct-access one-car garage, inside laundry, and Lake Mission Viejo membership privileges. Freshly painted and filled with natural light, this home offers a comfortable floor plan with laminate flooring throughout the main living areas, stone tile in the kitchen and bathrooms, and carpeted bedrooms. The bright kitchen features granite countertops, generous workspace, and a functional layout that connects easily to the living and dining areas. The spacious primary bedroom includes a large walk-in closet and separate dressing area. The second bedroom provides flexible space for a guest room, home office, or den. A standout feature is the private backyard and covered patio surrounded by mature trees—an inviting outdoor space for morning coffee, dining, entertaining, or creating a low-maintenance garden retreat. A stackable washer and dryer inside the home and direct access to the one-car garage add everyday convenience. Rainbow Ridge residents enjoy two community pools and spas, walking paths, picnic areas, a Tot Lot, and sport court, along with membership privileges at Lake Mission Viejo. If you're looking for a move-in-ready Mission Viejo condo with private outdoor space, a garage, community amenities, and access to Lake Mission Viejo, this home offers all of these features in one convenient location.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades 7-8 • 4.2 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 942 | 1,248.725 |
| Lot Size | 61,235 | 90,361.45 |
| Price | $629.0K | $756.3K |
| Price per sq ft | $668 | $612 |
| Built year | 1989 | 1984 |
| HOA | $505.0 | $504 |
| Days on market | 28 | 55 |
Aug 12, 2026
$629,000
Initial Listing
Aug 9, 2013
$335,000
Public Record
Jul 30, 2010
$222,500
Public Record
Sep 8, 2005
$410,000
Public Record
Aug 20, 2001
$187,500
Public Record