
Mission Viejo, California 92692
This European-inspired detached residence is a High-Potential Investment Opportunity, listed at $1,345,000—positioned well below the $1,606,527 Fair Market Value by 16%. This significant valuation gap provides $261,527 in Instant Equity. Boasting a Mint Condition Rating, the home features a gourmet designer kitchen, PEX plumbing, and exclusive Lake Mission Viejo access. Located within the Capistrano Unified School District near top-rated schools, this turnkey sanctuary offers rare financial upside. It is an ideal acquisition for Luxury-Seeking Buyers or Owner-Occupants looking to secure immediate wealth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23368 Merion Subject | $1,345,000* List Price | 2 | 3 | 2,300 | $698 | - |
A 22482 Formentor 15 Sold | $1,095,000 | 2 | 2 | 1,444 | $758 | 0.9 mi |
B 23361 Cypress Point Active | $1,150,000 List Price | 3 | 3 | 1,951 | $589 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1995, the property has undergone a comprehensive high-end renovation within the last 5 years. It features a fully reimagined gourmet kitchen with quartz countertops and professional-grade appliances, designer-remodeled bathrooms, upgraded PEX plumbing, and modern finishes including ceramic plank flooring and custom shiplap throughout, placing it in mint, move-in-ready condition.
The kitchen is a standout feature with professional-grade appliances, including a 36-inch six-burner range, custom floor-to-ceiling cabinetry, and premium quartz countertops, perfect for high-end entertaining.
Located in a coveted gated community at the end of a cul-de-sac, the property offers exclusive access to Lake Mission Viejo amenities, including private beaches, boating, and golf course paths.
The home features significant high-value improvements such as PEX plumbing, ceramic plank flooring, custom shiplap detailing, and fully reimagined spa-inspired bathrooms.
Despite the generous 2,300 square footage, the home only offers two formal bedrooms, which may limit its appeal to larger families or those requiring multiple dedicated guest rooms.
While the residence is detached, its legal classification as a condominium may involve specific HOA restrictions and ownership nuances that differ from traditional fee-simple single-family homes.
Discover the pinnacle of lakeside luxury in this immaculate European-inspired detached residence, nestled at the end of a quiet cul-de-sac in one of the area’s most coveted gated communities. Crafted for those who appreciate refined living, this remarkable home blends classic sophistication with contemporary amenities. Upon entry, you are greeted by sophisticated upgrades, including ceramic plank flooring, custom shiplap walls and ceilings, refined baseboards, and crown molding. The dramatic reclaimed barn wood accent wall along the staircase makes a lasting impression, while a freshly painted interior in soothing neutral tones enhances the home’s inviting atmosphere. The gourmet kitchen is a culinary masterpiece, featuring floor-to-ceiling custom cabinetry with soft-close drawers and under-cabinet lighting, shimmering quartz countertops and backsplash, a generous center island for gathering, and a professional-grade 36-inch six-burner gas range with convection oven. A suite of top-tier recently upgraded appliances—including a wine fridge, microwave drawer, refrigerator, and dishwasher—ensures both style and functionality. A versatile bonus room awaits, offering the perfect setting for a home office, creative studio, or an optional third bedroom. Every bathroom has been thoughtfully reimagined with premium designer fixtures, contemporary lighting, and luxurious finishes. The primary suite is a serene sanctuary, enhanced by custom shiplap accents, an expansive cedar-lined walk-in closet, and a spa-inspired bath with dual vanities and an oversized walk-in shower boasting dual shower heads, including a lavish rain feature. Additional premium amenities include a cozy gas fireplace, a dedicated laundry room with an oversized utility sink, energy-efficient ceiling fans throughout, woven window treatments, upgraded PEX plumbing, sleek recessed lighting, and enhanced garage storage with attic access. The expansive backyard is designed for entertaining, offering multiple alfresco lounge areas, a built-in BBQ station, outdoor shower, upgraded vinyl fencing, and convenient secondary staircase access. Savor the ultimate resort lifestyle just steps from Lake Mission Viejo, where you’ll enjoy sandy beaches, boating, paddleboarding, fishing, summer concerts, playgrounds, year-round community events, and the luxurious community pool and spa. The property also offers direct access to scenic golf course paths—perfect for daily walks and enjoying the outdoors.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.6 mi
Grades 6-8 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 2,300 | 1,365 | 98% |
| Lot Size | - | 2,938 | 39% |
| Price | $1.34M | $851.0K | 98% |
| Price per sq ft | $585 | $609 | 34% |
| Built year | 1995 | 1989 | 71% |
| HOA | $338.6 | $480 | 22% |
| Days on market | 15 | 166 | 2% |
Apr 7, 2026
$1,345,000
Initial Listing
Jul 8, 2015
$675,000
Public Record
Feb 23, 2007
$752,500
Public Record
Oct 29, 2003
$550,000
Public Record
Sep 15, 1998
$339,000
Public Record
Nov 14, 1994
$245,500
Public Record