
Mission Viejo, California 92691
This Single-Family Residence represents a Strong Value Opportunity, listed at $1,549,000—positioned well below the $1,616,328 Fair Market Value by 4%. This valuation gap provides $67,328 in Instant Equity. Featuring a Condition Rating of 3, the home offers a turnkey lifestyle with a Pebble Tec pool, spacious 18,400-square-foot lot, and Lake Mission Viejo access. Located within the Capistrano Unified School District, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a blend of immediate comfort and long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26651 Morena Subject 4 bd · 2 ba · 2,030 sqft · $796 | $1,549,000* List Price | 4 | 2 | 2,030 | $796 | - |
A 27082 Cordero Sold 4 bd · 2 ba · 1,836 sqft · $926 · 0.2 mi | $1,700,005 | 4 | 2 | 1,836 | $926 | 0.2 mi |
B 26702 Morena Drive Sold 3 bd · 3 ba · 2,289 sqft · $699 · 0.1 mi | $1,599,000 | 3 | 3 | 2,289 | $699 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1969, the property is well-maintained and move-in ready. It features recent cosmetic renovations (<5 years) including newer wide-plank vinyl flooring and fresh interior paint. The kitchen has been partially updated with a new induction range and Bosch dishwasher, though the cabinetry remains dated. The exterior is in great shape with a newer Pebble Tec pool finish and improved drainage.
The property sits on a rare 18,400-square-foot lot featuring a Pebble Tec pool, mature fruit trees, and a private hillside backdrop, offering exceptional outdoor living space and privacy.
This highly desirable four-bedroom, single-story floor plan features vaulted ceilings, new wide-plank vinyl flooring, and updated kitchen appliances including a Bosch dishwasher and induction range.
Homeownership includes Lake Mission Viejo membership, granting access to premium amenities such as private beaches, boating, fishing, and seasonal community concerts.
Built in 1969, the home may require further modernization of original systems or structural elements to fully meet the expectations of contemporary luxury buyers.
Despite the large lot and hillside setting, the property lacks the elevated panoramic or city light views often sought after in the Mission Viejo South area.
Welcome to 26651 Morena Drive in the Granada subdivision of Mission Viejo South, where single-level living meets a spacious backyard retreat. Set on an approximately 18,400-square-foot lot, this four-bedroom, two-bath home offers approximately 2,030 square feet of living space, a private pool, and inviting indoor-outdoor connections. Double front doors welcome you into a spacious living room with vaulted ceilings and newer wide-plank vinyl flooring that extends through the main living areas. A separate bedroom wing keeps all four bedrooms together, while the light-filled dining area overlooks the backyard and pool. The kitchen features a new induction range and Bosch dishwasher and opens to a comfortable family room with a brick fireplace and built-in shelving. Sliding glass doors from the living room, kitchen and primary bedroom provide easy access to the outdoors. The backyard is a standout, featuring a Pebble Tec pool, generous patio space for outdoor dining and gatherings, and a hillside backdrop that adds privacy. Grapefruit, lemon, orange, and apple trees complement the grounds, with space to garden, play, or simply relax. Additional improvements include interior paint, a new garage door, and improved backyard drainage. An attached two-car garage provides parking and storage. Lake Mission Viejo membership offers access to beaches, boating, fishing, concerts, and community events. Conveniently located near parks, shopping, dining, and freeway access, this home combines everyday convenience with room to enjoy Southern California living. Room to gather, space to unwind, and a place to make your own—welcome home!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.6 mi
Grades 6-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 2,030 | 1,986.183 |
| Lot Size | 18,400 | 5,984.226 |
| Price | $1.55M | $1.36M |
| Price per sq ft | $763 | $682 |
| Built year | 1969 | 1977 |
| HOA | $32.0 | $213 |
| Days on market | 19 | 49 |
Oct 6, 2026
$1,549,000
Initial Listing
Jan 30, 2002
$403,000
Public Record