24055 Paseo Del Lago 562, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath
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Laguna Woods, California 92637
This Senior Condominium represents a High-Potential Investment Opportunity with a List Price of $165,000—positioned well below the $204,334 Fair Market Value by 19%. This valuation gap provides $39,334 in Instant Equity. Despite a Well-Maintained Condition Rating, the unit requires interior updates to maximize its Stunning Mountain and Golf Course Views. Located in the Saddleback Valley Unified district, the property includes all-inclusive amenities like dining and housekeeping. This asset is ideal for Value-Add Investors or Active Seniors looking for a high-equity lifestyle transition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24055 Paseo Del Lago 562 Subject | $165,000* List Price | 2 | 2 | 1,100 | $186 | - |
A 24055 Paseo Del Lago 461 Sold | $170,000 | 2 | 2 | 1,136 | $150 | 0.0 mi |
B 24055 Paseo Del Lago 254 Sold | $200,000 | 2 | 2 | 1,200 | $167 | 0.0 mi |
C 24055 Paseo Del Lago 306 Active | $125,000 List Price | 2 | 2 | 1,100 | $114 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this unit is well-maintained but significantly outdated. The kitchen is extremely limited with only a two-burner cooktop and no oven, and the interior features aged components such as popcorn ceilings and older carpeting. While functional for a senior living environment, it lacks modern renovations.
This end-unit offers stunning Eastern views of Saddleback Mountain and the golf course through floor-to-ceiling sliders in the living room and both bedrooms, complemented by extra-deep balconies.
The Towers provides an all-inclusive lifestyle featuring housekeeping, a $500 monthly dining credit, utilities, and access to Laguna Woods' extensive facilities including 27 holes of golf and five pools.
The 'D' floor plan is highly functional, featuring two spacious en suite bedrooms on opposite sides of the living area, providing optimal privacy and comfort for residents or guests.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 1030.
The association fee exceeds $3,100 per month, which represents a significant recurring expense that may impact the affordability and pool of potential buyers.
The kitchen is equipped with only a two-burner cooktop and lacks a full oven, which may be a drawback for residents who prefer to prepare full meals at home.
As you enter this end unit home you are greeted by stunning Eastern views of Saddleback Mountain and the golf course. This "D" plan in the Towers features dual master suites with each bedroom on either side of the living room. The larger of the suites has a generous walk in closet and is very spacious. The en suite bathroom features a combination shower/tub. The second bedroom is a good size as well and has an en suite bathroom with step in stall shower. The kitchen has a 2 burner cook top, sink, storage cabinets and fridge. The electric outlets and switches have been replaced. The entry area has a storage/coat closet. The living room and both bedrooms have floor to ceiling sliders to enjoy the beautiful views. The balconies are deeper than the typical balcony at the Towers, allowing you to put a table and chairs outside to enjoy the fresh air and views. Located in Laguna Woods, a SENIOR community, the Towers currently includes housekeeping 2 times a month, $500 dining credit each month, utilities (except phone & Internet), basic cable and on site activities. There are 2 dining rooms, one open all day for breakfast, lunch, dinner and snacks and the other is open for table service dinner 4 nights a week. Living in Laguna Woods means access to 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!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,100 | 1,146.5 | 41% |
| Lot Size | - | 1,444 | 32% |
| Price | $165.0K | $537.5K | 3% |
| Price per sq ft | $150 | $477 | 3% |
| Built year | 1974 | 1973 | 69% |
| HOA | $3180.68 | $856 | 98% |
| Days on market | 53 | 203 | 3% |
Feb 28, 2026
$165,000
Initial Listing
Sep 1, 2022
$148,000
Public Record
May 31, 2019
$49,000
Public Record
Oct 6, 1995
$50,500
Public Record
May 5, 1995
$51,000
Public Record