24055 Paseo Del Lago 103, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath

24055 Paseo Del Lago 103, Laguna Woods, California 92637 home-pic-0
ACTIVE$399,900
24055 Paseo Del Lago 103, Laguna Woods, California 92637
2Beds
2Baths
1,200Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive All-Inclusive Amenities: The monthly association fee covers an impressive array of services including a $500 dining credit, housekeeping, electricity, water, trash, basic cable, and a wide range of on-site activities, offering a truly resort-style living experience.
Top Cons:
Very High Association Fee: The monthly association fee of $2,997.82 is exceptionally high, which, despite the included services, represents a substantial ongoing financial commitment for a buyer.

Compared to the nearby listings

Price:$399.9K vs avg $500.0K ($-100,100)34%
Size:1,200 sqft vs avg 1,171 sqft63%
Price/sqft:$333 vs avg $44124%

More Insights

Built in 1974 (51 years old).
Condition: The property, built in 1974, has undergone significant interior renovations, making it move-in ready. The kitchen has been expanded and upgraded with granite countertops, and both bathrooms have been remodeled with custom tile showers and vanities. The unit also features wood-look flooring. These modern updates suggest an extensive renovation within the last 5-15 years, aligning with the criteria for a 'Good' score. While the building itself is 50 years old, the unit's interior condition appears well-maintained and updated. The provided image only shows the well-kept exterior entrance and does not contradict this assessment.
Year Built
1974
Close
-
List price
$400K
Original List price
$450K
Price/Sqft
$333
HOA
$2,997.82
Days on market
-
Sold On
-
MLS number
OC25010342
Home ConditionGood
Features
Good View: City Lights, Neighborhood
Patio
ViewCity Lights,Neighborhood

About this home

This is a rarely available first floor 2 bedroom/2 bathroom home with a private patio in The Towers. This beautiful home is ready to move in! The kitchen has been expanded and upgraded with plenty of counter space and storage. It also features granite counter tops. The huge living room leads to the spacious outdoor patio. Both bathrooms have been remodeled with custom tile showers and vanities. The master bedroom is quite large and there is even a walk in closet! There is also wood look flooring. This home has one of the few large private patios on the first floor. Enjoy easy access to activities and the dining rooms. Located in Laguna Woods, a SENIOR community, the Towers features many amenities. Currently INCLUDED in the monthly fee are: a monthly $500 dining credit to use in the 2 dining rooms, housekeeping, electiricty, water, trash, basic cable, plus on site activities: live entertainment, bingo, movies, exercise classes, card rooms, parties & more! Living in Laguna Woods means access to a bus system around the community, to area shopping, restaurants, medical facilities; 5 pools & 4 hot tubs; 27-hole golf course, tennis, library, state-of-the art crafts facility, 7 clubhouses, 200+ clubs, 3 fitness centers, theater, horseback riding/stables, garden centers, basketball, billiards, bocce ball, Emeritus classes & more! Come enjoy resort style living at its best!

Condition Rating
Good

The property, built in 1974, has undergone significant interior renovations, making it move-in ready. The kitchen has been expanded and upgraded with granite countertops, and both bathrooms have been remodeled with custom tile showers and vanities. The unit also features wood-look flooring. These modern updates suggest an extensive renovation within the last 5-15 years, aligning with the criteria for a 'Good' score. While the building itself is 50 years old, the unit's interior condition appears well-maintained and updated. The provided image only shows the well-kept exterior entrance and does not contradict this assessment.
Pros & Cons

Pros

Extensive All-Inclusive Amenities: The monthly association fee covers an impressive array of services including a $500 dining credit, housekeeping, electricity, water, trash, basic cable, and a wide range of on-site activities, offering a truly resort-style living experience.
Turnkey Condition & Modern Upgrades: The home is 'ready to move in' with an expanded and upgraded kitchen featuring granite countertops, remodeled bathrooms with custom tile, and wood-look flooring, minimizing immediate buyer expenses.
Rare Private First-Floor Patio: This unit boasts a rarely available large private patio on the first floor, providing convenient outdoor living space and easy access, a significant advantage in a senior community.
Vibrant Senior Community Lifestyle: Located in Laguna Woods, a renowned senior community, residents have access to a bus system, 5 pools, golf, tennis, 7 clubhouses, 200+ clubs, fitness centers, and various recreational facilities.
Recent Price Adjustment: The property has seen a price reduction from its original list price of $450,000 to $399,900, potentially offering a more attractive value proposition for prospective buyers.

Cons

Very High Association Fee: The monthly association fee of $2,997.82 is exceptionally high, which, despite the included services, represents a substantial ongoing financial commitment for a buyer.
Age-Restricted Community: As a designated 'SENIOR community,' the property's buyer pool is significantly limited to individuals aged 55 and older, which can impact market demand and sale duration.
Building Age: Built in 1974, the building is 50 years old. While the unit is upgraded, the age of the overall structure could lead to potential future maintenance issues or special assessments for the association.

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