26221 Avenida Deseo, Mission Viejo, California 92692, Mission Viejo, 92692 - 4 bed, 2 bath
26221 Avenida Deseo
Mission Viejo, California 92692
Property Price
SUMMARY
Analysis of 26221 Avenida Deseo, Mission Viejo, California 92692 reveals a Prime Investment Opportunity with a current list price of $1,150,000—significantly undercutting the $1,252,321 Fair Market Value by 8%. This valuation gap indicates a +$102,321 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Mission Viejo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1968 and hitting the market for the first time, this home is well-maintained and move-in ready with newer windows. However, the kitchen and bathrooms likely require cosmetic modernization to meet current standards, and the property lacks a recent comprehensive renovation, placing it in the fair category due to its functional but dated aesthetic.
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 = 7440, living area = 1538.
- Great Schools
Elementary School: De Portola Elementary School (9/10).
- Single-Level Living
This rare single-story floor plan features four bedrooms, offering a highly functional and accessible layout that appeals to a wide range of buyers from growing families to downsizers.
CONSRISKS & DEFICIENCIES
- Dated Aesthetic Potential
Built in 1968 and offered for the first time, the interior may require cosmetic modernizations to the kitchen and bathrooms to meet contemporary luxury standards.
- Lack of Views
Unlike many properties in the hilly Mission Viejo area that command premiums for vistas, this residence lacks a significant view, which may impact its competitive positioning.
About 26221 Avenida Deseo
Don’t miss this well-maintained, single-level gem, hitting the market for the first time! Featuring 4 bedrooms and 2 bathrooms, this home offers comfortable living with a functional layout. Recent updates include newer windows, adding energy efficiency and bright natural light throughout. Enjoy a generous lot perfect for outdoor activities, complete with a basketball hoop for family fun and entertaining. Located in a desirable neighborhood, this property combines space, convenience, and move-in ready charm—ideal for families looking to settle in a welcoming community.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 7,440 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Mission Viejo Unified Schools
Montevideo Elementary School
Grades K-6 • 0.3 mi
Cordillera Elementary School
Grades K-6 • 0.4 mi
De Portola Elementary School
Grades K-6 • 1.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 2.0 | 3.0 | 44% |
| Square foot | 1,538 | 1,859 | 36% |
| Lot Size | 7,440 | 4,950 | 88% |
| Price | $1.15M | $1.23M | 39% |
| Price per sq ft | $748 | $645 | 80% |
| Built year | 1968 | 1983 | 1% |
| HOA | $0 | $248 | 4% |
| Days on market | 9 | 149 | 1% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,150,000
Initial Listing