2405 Via Mariposa W 2g, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath
ACTIVE UNDER CONTRACT$380,000
2405 Via Mariposa W 2g, Laguna Woods, California 92637
2Beds
2Baths
1,199Sqft
82,004Lot
Price Vs. Estimate
The estimated value mostly matches the list price at $380,000.
Key pros and cons
Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Aliso Niguel High School (9/10).
Top Cons:
High Monthly Association Fees: The association fee of $856.00 per month is substantial and could be a significant ongoing cost for potential buyers.
Compared to the nearby listings
Price:$380.0K vs avg $500.0K ($-120,000)32%
Size:1,199 sqft vs avg 1,171 sqft59%
Price/sqft:$317 vs avg $44117%
More Insights
Built in 1970 (55 years old).
Condition: Built in 1970, this property has received some recent cosmetic updates, including new paint and newer stainless steel kitchen appliances. However, many elements remain dated, such as the popcorn ceilings, the small square tile flooring throughout much of the unit, and the fluorescent panel lighting in the kitchen. The bathroom appears functional but basic and not updated in style. The presence of a wall-mounted AC unit instead of central air also indicates an older system. While move-in ready, a buyer would likely desire further updates to modernize the aesthetic and systems, aligning with the 'Fair' condition criteria of requiring minor updates and having functional but outdated major components.
Year Built
1970
Close
-
List price
$380K
Original List price
$980K
Price/Sqft
$317
HOA
$856
Days on market
-
Sold On
-
MLS number
LG25224144
Home ConditionFair
Features
Good View: Park/Greenbelt
Deck
ViewPark/Greenbelt
About this home
QUIET LOCATION NEXT TO GREEN BELT. LOWEST PRICED UNIT WITH THIS SQUARE FOOTAGE CURRENTLY ON THE MARKET. 2 BEDROOM, 2 BATH LAGUNA WOODS CONDO WITH PLENTY OF STORAGE, LOTS OF LIGHT. OPEN FLOORPLAN, NEWLY PAINTED, NEWER STAINLESS APPLIANCES, LARGE DECK WITH VIEW OF THE GREENBELT, CLOSE TO THE COMMUNITY LAUNDRY AND ELEVATOR. SUBTERRANEAN ASSIGNED PARKING WITH STORAGE. LAGUNA WOODS HAS A MYRIAD OF ACTIVITIES FOR ITS RESIDENTS. 2 GOLF COURSES, 3 GYMS WITH PROFESSIONAL TRAINERS, 5 SWIMMING POOLS, TENNIS COURTS, LIGHTED PICKLEBALL COURTS, ARCHERY, LAWN BOWLING, EQUESTRIAN ACTIVITIES, PLAYS, CONCERTS, HIKING PLUS A LIBRARY AND OVER 200 CLUBS. CLUBHOUSE JUST STEPS AWAY.
Nearby schools
4/10
San Joaquin Elementary School
Public,•K-6•1.2mi
7/10
Oak Grove Elementary School
Public,•K-5•3.2mi
8/10
Melinda Heights Elementary School
Public,•K-6•6.4mi
9/10
El Morro Elementary School
Public,•K-5•6.9mi
7/10
Trabuco Mesa Elementary School
Public,•PK-6•8.5mi
5/10
Los Alisos Intermediate School
Public,•7-8•1.8mi
7/10
Aliso Viejo Middle School
Public,•6-8•2.8mi
9/10
Thurston Middle School
Public,•6-8•5.5mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•7.8mi
7/10
Laguna Hills High School
Public,•9-12•2.2mi
9/10
Aliso Niguel High School
Public,•9-12•4.1mi
8/10
Trabuco Hills High School
Public,•9-12•4.6mi
9/10
Laguna Beach High School
Public,•9-12•6.3mi
Condition Rating
Fair
Built in 1970, this property has received some recent cosmetic updates, including new paint and newer stainless steel kitchen appliances. However, many elements remain dated, such as the popcorn ceilings, the small square tile flooring throughout much of the unit, and the fluorescent panel lighting in the kitchen. The bathroom appears functional but basic and not updated in style. The presence of a wall-mounted AC unit instead of central air also indicates an older system. While move-in ready, a buyer would likely desire further updates to modernize the aesthetic and systems, aligning with the 'Fair' condition criteria of requiring minor updates and having functional but outdated major components.
Pros & Cons
Pros
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Aliso Niguel High School (9/10).
Exceptional Community Amenities: The Leisure World community offers an extensive array of recreational, fitness, and social activities, including golf courses, gyms, pools, tennis, pickleball, equestrian, and over 200 clubs, providing a vibrant and active lifestyle for residents.
Prime Location & Greenbelt Views: Situated in a quiet location next to a green belt, the unit offers serene views from a large deck, enhancing tranquility and outdoor enjoyment.
Recent Updates & Open Floorplan: The condo features an open floorplan, newly painted interiors, and newer stainless steel appliances, presenting a modern and move-in ready condition.
Strong Value Proposition: Currently the lowest-priced unit of its square footage on the market, with a list price slightly below the estimated property value, indicating a competitive and attractive investment opportunity.
Convenient Features & Storage: Includes practical amenities such as plenty of storage, abundant natural light, proximity to community laundry and elevator, and assigned subterranean parking with additional storage.
Cons
High Monthly Association Fees: The association fee of $856.00 per month is substantial and could be a significant ongoing cost for potential buyers.
Age-Restricted Community: Being part of Leisure World (a 55+ community) significantly limits the potential buyer pool, which can impact market demand and resale flexibility.
History of Significant Price Reduction: The property's original list price of $980,000, now reduced to $380,000, suggests a past overvaluation or difficulty in attracting buyers, which might raise questions for new prospects.