
Mission Viejo, California 92691
This property presents a High-Potential Investment Opportunity with a List Price of $2,000,000—positioned well below the $2,061,269 Fair Market Value by 3%. This valuation gap offers $61,269 in Instant Equity. Featuring a Condition Rating of 4, the home offers significant upside through modernization of its original 1972 interiors. With a massive 18,800 sqft lot and 230-degree panoramic views, this is an ideal acquisition for Value-Add Investors or Owner-Occupants seeking a customizable hillside estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26611 Cuenca Subject | $2,000,000* List Price | 5 | 3 | 3,162 | $652 | - |
A 26861 Quevedo Sold | $1,845,000 | 5 | 3 | 2,882 | $640 | 0.4 mi |
B 26981 La Paja Sold | $1,974,900 | 5 | 4 | 3,451 | $572 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972 and largely original in key areas. While the home has been 'refreshed' with new carpet and paint, and features upgrades like solar and dual-pane windows, the kitchen and bathrooms are dated (over 20 years old) and require modernization. The property is well-maintained and functional but lacks the recent renovations required for a higher rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18800, living area = 3162.
The property sits on a massive 18,800 square foot corner lot featuring rare 230-degree panoramic views of city lights, rolling hills, and Saddleback Mountain.
The estate includes significant high-value improvements such as fully paid-off solar panels and premium Andersen dual-pane windows, offering immediate utility savings.
The property currently does not have Lake Mission Viejo membership rights attached, which is a highly desirable amenity for the area.
Despite new paint and carpet, the home contains several original features from 1972 that may require additional investment to meet modern luxury standards.
Once in a generation, a property comes along that simply cannot be replicated. Offered for the first time in over 50 years, this extraordinary view estate rests on one of the largest lots in Mission Viejo, commanding breathtaking 230-degree panoramic views of city lights, rolling hills, and distant mountains. Set in a private resort-like setting with a sparkling pool, expansive grounds, extended driveway, and three-car garage, this rare five-bedroom residence offers the kind of space and privacy buyers spend years searching for. Situated on an 18,800 square foot corner lot, 26611 Cuenca Drive captures a spectacular panorama stretching from city lights to Saddleback Mountain. Positioned to take full advantage of its setting, the property offers a seamless connection between indoor and outdoor living. The front grounds feature a pool, firepit, lush landscaping, and colorful gardens that create a private retreat atmosphere. A wraparound side deck provides additional spaces to relax and enjoy the scenery, while the backyard serves as a front-row seat to spectacular sunsets and twinkling evening lights. Inside, the spacious floor plan features five bedrooms and three bathrooms, including a convenient downstairs bedroom and half bath ideal for guests or multi-generational living. Upstairs, four additional bedrooms enjoy beautiful outlooks framed by plantation shutters. The home has recently been refreshed with new interior paint and carpet, while select original features offer the opportunity for a new owner to update and customize to their own style. Additional highlights include paid-off solar, a three-car garage, and an oversized driveway with ample parking. While the property currently does not have Lake Mission Viejo membership rights attached, a future owner may have the opportunity to obtain access if desired. Premium Andersen dual-pane windows enhance comfort and energy efficiency throughout. The expansive hillside ownership extends to the street below, offering possibilities for terraced gardens, landscaping, or other outdoor enhancements. Homes with this combination of views, lot size, privacy, and potential rarely come to market. 26611 Cuenca Drive is a one-of-a-kind hillside retreat offering an extraordinary lifestyle in the heart of Mission Viejo.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 87% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,162 | 1,968 | 96% |
| Lot Size | 18,800 | 7,350 | 99% |
| Price | $2.00M | $1.36M | 96% |
| Price per sq ft | $633 | $697 | 34% |
| Built year | 1972 | 1972 | 50% |
| HOA | $0 | $30 | 38% |
| Days on market | 9 | 115 | 7% |
May 28, 2026
$2,000,000
Initial Listing