26232 Tarrasa Lane, Mission Viejo, California 92691, Mission Viejo, 92691 - 3 bed, 2 bath
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26232 Tarrasa Lane
Mission Viejo, California 92691
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,508Sq Ft
7,245Lot Size
Property Price
LIST PRICE$1,237,500
EST. MARKET VALUE
$1,210,294
SUMMARY
This Single-Level Residence is a Strong Value Opportunity, listed at $1,237,500—positioned slightly above the $1,210,294 Fair Market Value. While the price reflects a premium, the property maintains a Condition Rating of 3, featuring extensive infrastructure upgrades like a new HVAC system and double-pane windows. Situated on a spacious corner lot with access to the Mission Viejo Swim and Racquet Club and top-tier schools like De Portola Elementary (9/10), this home offers a turnkey lifestyle. It is an ideal acquisition for Owner-Occupants or growing families seeking long-term stability.
Estimated Market Value
$1,210,294
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 |
|---|---|---|---|---|---|---|
★ 26232 Tarrasa Lane Subject 3 bd · 2 ba · 1,508 sqft · $803 | $1,237,500* List Price | 3 | 2 | 1,508 | $803 | - |
A 24211 Barquero Drive Sold 3 bd · 2 ba · 1,360 sqft · $890 · 0.2 mi | $1,210,000 | 3 | 2 | 1,360 | $890 | 0.2 mi |
B 23961 Juaneno Sold 4 bd · 2 ba · 1,538 sqft · $845 · 0.5 mi | $1,300,000 | 4 | 2 | 1,538 | $845 | 0.5 mi |
C 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 |
D 26271 Pacato Sold 4 bd · 2 ba · 1,538 sqft · $754 · 0.2 mi | $1,160,000 | 4 | 2 | 1,538 | $754 | 0.2 mi |
E 26322 Naccome Sold 4 bd · 2 ba · 1,537 sqft · $805 · 0.2 mi | $1,238,000 | 4 | 2 | 1,537 | $805 | 0.2 mi |
F 26442 Papagayo Drive Sold 3 bd · 2 ba · 1,655 sqft · $846 · 0.2 mi | $1,400,000 | 3 | 2 | 1,655 | $846 | 0.2 mi |
G 26396 Avenida Deseo Sold 3 bd · 2 ba · 1,360 sqft · $993 · 0.5 mi | $1,350,000 | 3 | 2 | 1,360 | $993 | 0.5 mi |
H 26612 Avenida Deseo Sold 3 bd · 2 ba · 1,952 sqft · $669 · 0.5 mi | $1,305,000 | 3 | 2 | 1,952 | $669 | 0.5 mi |
I 26002 Via Del Norte Pending 3 bd · 2 ba · 1,360 sqft · $805 · 0.4 mi | $1,095,000 List Price | 3 | 2 | 1,360 | $805 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1968, the property has undergone significant recent renovations (<5-10 years) including a new variable-speed HVAC system, updated electrical panel, new windows, and luxury vinyl plank flooring. The home is in move-in ready condition with well-maintained systems, though the lack of a documented full kitchen/bath gut-remodel and minor exterior stucco wear prevents an 'Excellent' rating.
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 = 7245, living area = 1508.
- Great Schools
Elementary School: De Portola Elementary School (9/10).
- Extensive Infrastructure Upgrades
The home features significant energy-efficient and functional improvements, including a new variable-speed HVAC system, double-pane windows, updated electrical panel, and enhanced attic insulation, reducing immediate maintenance needs.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1968, the property may still feature some original structural elements or a traditional floor plan that lacks the expansive open-concept feel of modern builds.
- High Price Per Square Foot
With a listing price of approximately $1.237M for 1,508 square feet, the property commands a premium price point that may be a hurdle for buyers seeking more interior volume.
About 26232 Tarrasa Lane
Welcome to this beautiful single level home situated on a spacious corner lot with access to the desirable Mission Viejo Swim and Racquet Club. This home offers a combination of modern comfort, energy conscious improvements and exceptional outdoor living. Recent improvements include luxury vinyl plank flooring, a variable-speed HVAC system, attic insulation, an attic fan, double-pane windows, sliding glass doors, an updated electrical panel, enhanced roof ridge caps, and a garage door and opener. The renovated wraparound yard offers expanded outdoor space for seating, dining, entertaining, gardening, and everyday outdoor use. Conveniently located near local schools and Mission Viejo's renowned community amenities, this home combines major improvements with a spacious lot, and refreshed outdoor areas.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1968
- Lot Size
- 7,245 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $154.0 / Month
Neighborhood Insights
Mission Viejo Unified Schools
De Portola Elementary School
Grades K-6 • 0.8 mi
9/10
La Paz Intermediate School
Grades 7-8 • 0.8 mi
7/10
Mission Viejo High School
Grades 9-12 • 0.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,508 | 1,986.183 |
| Lot Size | 7,245 | 5,984.226 |
| Price | $1.24M | $1.36M |
| Price per sq ft | $821 | $682 |
| Built year | 1968 | 1977 |
| HOA | $154.0 | $213 |
| Days on market | 17 | 49 |
Pricing History
Listed for Sale
Oct 8, 2026
$1,237,500
Initial Listing
Sold
Dec 4, 2020
$765,000
Public Record