24832 El Cortijo, Mission Viejo, California 92691, Mission Viejo, 92691 - 4 bed, 2 bath
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24832 El Cortijo
Mission Viejo, California 92691
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,675Sq Ft
8,400Lot Size
Property Price
LIST PRICE$1,125,000
EST. MARKET VALUE
$1,154,863
SUMMARY
This Single Family Residence presents a Prime Investment Opportunity with a List Price of $1,125,000—positioned well below the $1,154,863 Fair Market Value by 2%. This valuation gap offers $29,863 in Instant Equity. Featuring a Condition Rating of 3, the home offers a modern open-concept layout with a Granite Kitchen and Vaulted Ceilings. Located in the Saddleback Valley Unified district with Lake Mission Viejo access, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$1,154,863
Based on Realkey algorithm analyzing recent comparable sales in Mission Viejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24832 El Cortijo Subject 4 bd · 2 ba · 1,675 sqft · $689 | $1,125,000* List Price | 4 | 2 | 1,675 | $689 | - |
A 24762 San Vincent Lane Sold 4 bd · 2 ba · 1,675 sqft · $776 · 0.1 mi | $1,300,000 | 4 | 2 | 1,675 | $776 | 0.1 mi |
B 26822 Via Zaragosa Sold 4 bd · 2 ba · 1,604 sqft · $717 · 0.6 mi | $1,150,000 | 4 | 2 | 1,604 | $717 | 0.6 mi |
C 26612 Saddleback Sold 4 bd · 2 ba · 2,109 sqft · $607 · 0.5 mi | $1,280,000 | 4 | 2 | 2,109 | $607 | 0.5 mi |
D 25472 Chrisanta Sold 4 bd · 3 ba · 1,875 sqft · $723 · 1.0 mi | $1,355,000 | 4 | 3 | 1,875 | $723 | 1.0 mi |
E 24112 Valyermo Sold 3 bd · 2 ba · 1,812 sqft · $754 · 0.8 mi | $1,366,000 | 3 | 2 | 1,812 | $754 | 0.8 mi |
F 26612 Estanciero Sold 3 bd · 3 ba · 1,950 sqft · $666 · 0.9 mi | $1,299,000 | 3 | 3 | 1,950 | $666 | 0.9 mi |
G 24646 San Vincent Lane Sold 4 bd · 3 ba · 2,315 sqft · $631 · 0.2 mi | $1,460,000 | 4 | 3 | 2,315 | $631 | 0.2 mi |
H 23912 La Chiquita Sold 3 bd · 2 ba · 1,560 sqft · $737 · 1.0 mi | $1,150,000 | 3 | 2 | 1,560 | $737 | 1.0 mi |
I 24926 El Cortijo Active 4 bd · 2 ba · 2,118 sqft · $627 · 0.1 mi | $1,328,000 List Price | 4 | 2 | 2,118 | $627 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1968 but well-maintained with clear evidence of mid-range renovations (likely 10-15 years old). The kitchen features granite countertops and wood cabinetry, and the home includes updated laminate flooring, recessed lighting, and manicured landscaping with artificial turf. It is functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8400, living area = 1675.
- Modern Open-Concept Layout
The single-level floor plan features vaulted ceilings with exposed beams and skylights, creating a bright, spacious, and contemporary living environment that maximizes its 1,675 square feet.
- Premium Corner Lot
Situated on a generous 8,400 sqft corner lot, the property offers extensive outdoor living space with professional landscaping, a covered patio, and low-maintenance artificial turf.
CONSRISKS & DEFICIENCIES
- Lack of Scenic Views
The property is officially listed as having no views, which may be a competitive disadvantage compared to other Mission Viejo homes that offer hillside or city light vistas.
- Vintage Infrastructure
Built in 1968, the home may require significant capital investment to modernize original systems or aesthetic finishes to meet the expectations of buyers at the million-dollar-plus price point.
About 24832 El Cortijo
This single level four-bedroom, two-bathroom home offers approximately 1,675 square feet of living space with an open concept floor plan featuring vaulted ceilings, exposed beam ceilings, laminate floors and a stone fireplace. The kitchen includes wood cabinetry, granite countertops, recessed lighting, and natural light flows throughout the home via skylights and sliding glass doors. The outdoor living space includes a covered patio, manicured landscaping with spacious artificial lawn in the front and backyard. This corner lot is nearby the local elementary school and retail amenities. Lake Mission Viejo access is also a plus!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 8,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $198.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,675 | 1,986.183 |
| Lot Size | 8,400 | 5,984.226 |
| Price | $1.12M | $1.36M |
| Price per sq ft | $672 | $682 |
| Built year | 1968 | 1977 |
| HOA | $198.0 | $213 |
| Days on market | 8 | 49 |
Pricing History
Listed for Sale
Oct 17, 2026
$1,125,000
Initial Listing