23586 Villena, Mission Viejo, California 92692, Mission Viejo, 92692 - 3 bed, 2 bath

23586 Villena, Mission Viejo, California 92692 home-pic-0
ACTIVE$1,125,000
23586 Villena, Mission Viejo, California 92692
3Beds
2Baths
1,503Sqft
3,478Lot

Price Vs. Estimate

The estimated value ($1,060,192.495) is $64,807.505 (5%) lower than the list price ($1,125,000). This property may be overpriced.

Key pros and cons

Top Pros:
Extensive Modern Renovation: The home boasts a recent, comprehensive remodel including new kitchen cabinets, countertops, appliances, updated lighting, and new bathrooms, offering a move-in ready modern aesthetic.
Top Cons:
Persistent Price Reductions & Overvaluation: The property has undergone multiple price reductions and is currently listed 6% above its estimated market value, potentially indicating buyer resistance or an initial overpricing strategy.

Compared to the nearby listings

Price:$1.12M vs avg $1.19M ($-66,950)43%
Size:1,503 sqft vs avg 1,742 sqft38%
Price/sqft:$749 vs avg $64281%

More Insights

Built in 1983 (42 years old).
Condition: The property has undergone a comprehensive and recent renovation, explicitly stated as 'Newly remodeled home' with 'Newly Kitchen cabinets, new countertops, new appliances, newly painted interior with updated lighting throughout, new bathrooms, new bathroom cabinets and plumbing, and newer HVAC.' Additionally, it features an 'APEX Repiped Home.' These extensive updates bring the property to a virtually new condition, meeting current quality standards with no deferred maintenance, which aligns perfectly with the 'Excellent' rating criteria.
Year Built
1983
Close
-
List price
$1.13M
Original List price
$1.2M
Price/Sqft
$749
HOA
$584
Days on market
-
Sold On
-
MLS number
SW25180461
Home ConditionExcellent
Features
Good View: Neighborhood, Pasture, Valley
Patio
ViewNeighborhood, Pasture, Valley

About this home

Beautiful! Newly remodeled home in the Highly Desirable 55+ Casta De Sol community. This 3-bedroom 2 bath property offers 1,503 square feet of comfortable living space, this APEX Repiped Home comes with a Newly Kitchen cabinets, new countertops, new appliances, the newly painted interior with updated lighting throughout, new bathrooms, new bathroom cabinets and plumbing. newer HVAC. the wraparound patio offers a wonderful view with privacy and tranquility. it's truly one of a kind! located at the end of the cul-de-sac

Nearby schools

7/10
Philip J. Reilly Elementary
Public,K-50.4mi
7/10
Castille Elementary School
Public,K-51.6mi
7/10
Newhart Middle School
Public,6-81.7mi
8/10
Carl Hankey Middle School
Public,6-83.6mi
7/10
Capistrano Valley High School
Public,9-125.8mi
Condition Rating
Excellent

The property has undergone a comprehensive and recent renovation, explicitly stated as 'Newly remodeled home' with 'Newly Kitchen cabinets, new countertops, new appliances, newly painted interior with updated lighting throughout, new bathrooms, new bathroom cabinets and plumbing, and newer HVAC.' Additionally, it features an 'APEX Repiped Home.' These extensive updates bring the property to a virtually new condition, meeting current quality standards with no deferred maintenance, which aligns perfectly with the 'Excellent' rating criteria.
Pros & Cons

Pros

Extensive Modern Renovation: The home boasts a recent, comprehensive remodel including new kitchen cabinets, countertops, appliances, updated lighting, and new bathrooms, offering a move-in ready modern aesthetic.
Desirable 55+ Community: Located in the highly sought-after Casta Del Sol 55+ community, providing a tailored lifestyle and amenities for active adults.
Key Infrastructure Upgrades: Features significant and costly updates such as an APEX repiping and a newer HVAC system, reducing immediate maintenance concerns for buyers.
Private Cul-de-Sac Location: Situated at the end of a cul-de-sac, offering enhanced privacy, reduced traffic, and a quieter living environment.
Tranquil Outdoor Living with Views: A wraparound patio provides a private and tranquil outdoor space with pleasant neighborhood, pasture, and valley views.

Cons

Persistent Price Reductions & Overvaluation: The property has undergone multiple price reductions and is currently listed 6% above its estimated market value, potentially indicating buyer resistance or an initial overpricing strategy.
High Monthly Association Fees: A substantial monthly association fee of $584 adds a significant recurring cost, which could impact affordability and buyer interest.
Modest Lot Size: The 3,478 sqft lot is relatively small for a single-family home, which may not appeal to buyers desiring a larger yard or more extensive outdoor space.

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