
Mission Viejo, California 92692
This property presents a High-Potential Investment Opportunity with a List Price of $849,999—positioned well below the $722,318 Fair Market Value by -17%. While the property requires a full interior modernization due to its Condition Rating of 5, the popular "Rosa" floorplan in the prestigious Casta del Sol community provides a proven foundation for value-add projects. With 1,503 square feet of flexible living space and proximity to top-rated schools like Carl Hankey Middle, this asset is ideal for Fix-and-Flip Investors or Contractors seeking a strategic renovation project.
Property is extensive renovation needed.
Built in 1976 (48 years old) with no mention of renovations; the description 'waiting for the right person to make it their perfect home' indicates the property is in original condition and requires a full rehab to modernize the kitchen and systems.
The property features the 'Rosa' model, which is recognized as the most popular and sought-after layout within the Casta Del Sol community, ensuring strong resale value.
With 1,503 square feet and a flexible configuration, the home can easily be converted into a three-bedroom residence or modified with an open-concept kitchen to suit modern tastes.
Situated in the prestigious Casta Del Sol - Fiesta subdivision, the property offers access to a high-quality 55+ lifestyle in a well-maintained Mission Viejo neighborhood.
The description suggests the home is a 'blank canvas' awaiting personal touches, implying that the 1976 interior likely requires a renovation budget to meet contemporary standards.
The listing specifically notes a lack of views, which may be a disadvantage compared to other units in the area that offer hills, greenery, or city light vistas.
This home is a sought-after Rosa, the most popular floorplan in the wonderful community of Casta del Sol. 2 bedrooms plus a den or could be a 3 bedroom with minor modification. Keep the formal kitchen or open it up for that popular Great Room style that includes everyone for entertaining. Garage laundry can be easily converted to the inside with a reframe into the bedroom hallway. Very flexible floorplan and just waiting for you to make it your perfect home. Over 1500 square feet of living space plus 2 car attached garage and nice back patio/side yard and greenbelt. Well priced for a flipper-investor. Completely remodeled Rosa's have recently sold for above one million dollars. Photos should be uploaded in a few days. Consider this one a gem ready to be honed into a diamond!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.1 mi
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 | 1,503 | 1,309.5 | 79% |
| Lot Size | 3,478 | 63,259.5 | 35% |
| Price | $850.0K | $806.2K | 56% |
| Price per sq ft | $566 | $612 | 33% |
| Built year | 1976 | 1990 | 6% |
| HOA | $584.0 | $480 | 60% |
| Days on market | 0 | 126 | 4% |
May 26, 2026
$849,999
Initial Listing