
Aliso Viejo, California 92656
This Canyon Villas residence presents a High-Potential Investment Opportunity with a List Price of $480,000—positioned slightly above the $470,404 Fair Market Value. While requiring cosmetic updates, the property features a Condition Rating of 5, offering a blank canvas for value-add renovations. Located in the Capistrano Unified School District near Aliso Niguel High School (9/10), the asset provides access to resort-style amenities and prime local recreation. This is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through personalized interior improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 23412 Pacific Park Subject | $480,000* List Price | 1 | 1 | 762 | $617 | - |
A 101 Dogwood Active | $549,000 List Price | 2 | 2 | 966 | $568 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 36 years old (built 1990) and is explicitly marketed as a 'fixer-upper' and 'cosmetic fixer.' Per the criteria, homes over 30 years old requiring rehab fall into the poor category, especially as no updates to the original kitchen, baths, or major systems are mentioned.
High School: Aliso Niguel High School (9/10).
As a light cosmetic fixer-upper priced attractively, this property offers a significant opportunity for buyers to build immediate sweat equity through personalized renovations.
Residents benefit from the Canyon Villas' extensive community features, including two pools, a fitness center, and a clubhouse, providing a high-quality lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 762, other record living area = 1132. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
The property is marketed as a fixer-upper, meaning buyers will need to budget for cosmetic updates and repairs shortly after acquisition.
The association fee of $512.66 is relatively high for a one-bedroom unit, which may impact the overall affordability and monthly cash flow for owners.
EXCEPTIONAL VALUE IN CANYON VILLAS! This bright and inviting end-unit condominium offers one bedroom, one bathroom, approximately 762 square feet of comfortable living space, a private covered patio, and detached one-car garage #125. Priced below recent comparable sales to reflect its current condition, this is an excellent opportunity to move in now and personalize the home over time. The single-level interior features an open living and dining area, abundant natural light, a cozy fireplace, granite kitchen counters, generous cabinetry, and a spacious bedroom with excellent storage. The home is currently occupied and provides a complete, comfortable living environment while offering the next owner flexibility to make future improvements according to their own taste and budget. Canyon Villas is a gated community offering two pools and spas, a fitness center, clubhouse, barbecue and picnic areas, playground, and beautifully maintained grounds. Ideally located near Aliso Viejo Town Center, shopping, dining, entertainment, parks, hiking and biking trails, and everyday conveniences, with Laguna Beach and world-class Orange County beaches within easy reach. Move in, make it your own, and enjoy one of the most attractively priced one-bedroom opportunities in Canyon Villas!
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.2 |
| Baths | 1.0 | 2.7 |
| Square foot | 762 | 1,226.32 |
| Lot Size | 6,284 | 143,779.36 |
| Price | $480.0K | $819.6K |
| Price per sq ft | $630 | $659 |
| Built year | 1990 | 1992 |
| HOA | $512.66 | $418 |
| Days on market | 27 | 48 |
Aug 13, 2026
$480,000
Initial Listing
Nov 9, 2006
$395,000
Public Record