
Mission Viejo, California 92691
This property presents a High-Potential Investment Opportunity with a List Price of $1,090,000—positioned well above the $1,040,723 Fair Market Value by -4%. Featuring a Condition Rating of 5, this single-story Asset requires a comprehensive renovation to modernize its dated interior. The property offers significant upside through its functional layout, vaulted ceilings, and expansive backyard. Given the current permit discrepancy regarding the bedroom count, this project is best suited for Fix-and-Flip Investors or Contractors capable of navigating structural improvements and cosmetic upgrades to maximize long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21802 Jinetes Subject 3 bd · 2 ba · 1,472 sqft · $707 | $1,090,000* List Price | 3 | 2 | 1,472 | $707 | - |
A 21902 Cosala Sold 3 bd · 2 ba · 1,561 sqft · $609 · 0.3 mi | $950,000 | 3 | 2 | 1,561 | $609 | 0.3 mi |
B 21065 Carob Sold 2 bd · 2 ba · 1,224 sqft · $809 · 0.7 mi | $990,000 | 2 | 2 | 1,224 | $809 | 0.7 mi |
C 27311 Osuna Active 3 bd · 2 ba · 1,472 sqft · $611 · 0.5 mi | $900,000 List Price | 3 | 2 | 1,472 | $611 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 (49 years old) with no apparent renovations, this property requires a complete rehab. The kitchen is severely outdated with visible wall damage and old/incomplete appliances, while the bedrooms feature heavily worn, stained carpeting and dated finishes.
The highly desirable single-story floor plan features vaulted ceilings, exposed wood beams, and skylights, creating an open and airy architectural feel that is rare at this price point.
The property boasts a spacious backyard with a large covered patio and extensive hardscaping, complemented by a private front courtyard, offering excellent space for entertaining.
Nestled in the rolling hills of Mission Viejo, this home presents a significant opportunity for buyers to build equity through cosmetic improvements and personalization in an established neighborhood.
The property requires updates and personalization, suggesting that the interior finishes may be dated and will necessitate additional investment for modern renovations.
A discrepancy exists between the physical 4-bedroom count and the 3-bedroom title record, which may require buyer due diligence regarding permits and could impact future resale value.
Discover the potential of this 4-bedroom, 2-bathroom single-story home nestled in the rolling hills of Mission Viejo! Offering a wonderful opportunity for buyers looking to personalize a home to their own taste, this property features a spacious living room with vaulted ceilings, exposed wood beams, a skylight, a cozy fireplace, and tile flooring that extends throughout the main living areas. The kitchen offers ample cabinetry, generous counter space, and an adjoining family room providing a functional layout with plenty of possibilities for future upgrades. The bedrooms offer comfortable living spaces, with primary suite featuring vaulted ceilings and sliding glass doors that provide direct access to the backyard. Outside, the property features a welcoming front courtyard with decorative stone accents, an attached two-car garage, and an expansive backyard with a large covered patio and extensive hardscaping, offering plenty of room for outdoor entertaining, recreation, or creating your own private retreat. With its desirable single-story layout, established neighborhood setting, and opportunity for cosmetic improvements, this home presents an excellent chance to create something truly special in Mission Viejo. Please note that the property is currently configured as a 4-bedroom, 2-bathroom home; however, title records reflect a 3-bedroom, 2-bathroom configuration. Buyer to independently verify bedroom count, permits, and all property information to their satisfaction.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,472 | 1,986.183 |
| Lot Size | 6,177 | 5,984.226 |
| Price | $1.09M | $1.36M |
| Price per sq ft | $740 | $682 |
| Built year | 1977 | 1977 |
| HOA | $0 | $213 |
| Days on market | 32 | 49 |
Sep 23, 2026
$1,090,000
Initial Listing