RealKey
‪(213) 433-7766‬

26661 Carretas Drive, Mission Viejo, California 92691, Mission Viejo, 92691 - 5 bed, 3 bath

26661 Carretas Drive, Mission Viejo, California 92691 home-pic-0
ACTIVE$1,284,900
26661 Carretas Drive, Mission Viejo, California 92691
5Beds
3Baths
2,374Sqft
13,706Lot

Price Vs. Estimate

The estimated value ($807,807.33) is $477,092.67 (37%) lower than the list price ($1,284,900). This property may be overpriced.

Key pros and cons

Top Pros:
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 = 13706, living area = 2374.
Top Cons:
Extensive Renovation Required: The property explicitly states it 'will need some updates to reach its full potential' and 'Photos provide conceptual ideas,' indicating significant renovation and investment will be necessary.

Compared to the nearby listings

Price:$1.28M vs avg $1.32M ($-32,600)43%
Size:2,374 sqft vs avg 1,950 sqft66%
Price/sqft:$541 vs avg $66320%

More Insights

Built in 1966 (59 years old).
Condition: The property was built in 1966, making it 58 years old. The listing description explicitly states that the home 'will need some updates to reach its full potential' and that 'Photos provide conceptual ideas of what this property can be!' This strongly suggests that the current condition, particularly of key areas like the kitchen and bathrooms (for which no actual photos are provided), is significantly outdated and requires substantial renovation. The visible exterior and landscaping also show signs of age and deferred maintenance. The absence of current interior photos of the kitchen and bathrooms, combined with the age and the explicit need for updates, indicates these areas are likely in very poor, original, or severely outdated condition, requiring major rehabilitation rather than minor updates.
Year Built
1966
Close
-
List price
$1.28M
Original List price
$1.24M
Price/Sqft
$541
HOA
$153
Days on market
-
Sold On
-
MLS number
OC25008422
Home ConditionPoor
Features
Good View: Hills, Neighborhood
Pool
ViewHills, Neighborhood

About this home

Located in one of Mission Viejo's most desirable neighborhoods, 26661 Carretas Dr presents an incredible opportunity to create the home you've always envisioned. This 5-bedroom, 3-bathroom home features a spacious, light-filled layout perfect for everyday living and entertaining. Photos provide conceptual ideas of what this property can be! The open floor plan ensures a seamless flow between rooms, with a kitchen that effortlessly connects to the rest of the home—ideal for hosting gatherings or enjoying quiet moments with loved ones. Step outside to your private backyard oasis, where a well-placed pool invites you to enjoy the sun, making it the perfect place to unwind and take in the California weather year-round. Whether you’re swimming, relaxing, or hosting a barbecue, this outdoor space is ready to become your personal retreat. Situated in a peaceful, family-friendly community, this home is within walking distance of top-rated Class A schools, making it an excellent choice for families. You’re also just minutes from the Mission Viejo Mall and The Shops at Mission Viejo, providing convenient access to shopping, dining, and entertainment. For outdoor enthusiasts, Lake Mission Viejo is nearby, offering opportunities for boating, fishing, and picnicking. While this home will need some updates to reach its full potential, it’s an amazing chance to make it uniquely yours. With a little vision and effort, 26661 Carretas Dr can easily transform into the home you’ve always dreamed of. Don’t miss out on the opportunity to own a piece of this sought-after Mission Viejo neighborhood—your dream home is waiting!

Nearby schools

9/10
De Portola Elementary School
Public,•K-6•0.3mi
7/10
La Paz Intermediate School
Public,•7-8•0.4mi
7/10
Mission Viejo High School
Public,•9-12•0.5mi
Condition Rating
Poor
The property was built in 1966, making it 58 years old. The listing description explicitly states that the home 'will need some updates to reach its full potential' and that 'Photos provide conceptual ideas of what this property can be!' This strongly suggests that the current condition, particularly of key areas like the kitchen and bathrooms (for which no actual photos are provided), is significantly outdated and requires substantial renovation. The visible exterior and landscaping also show signs of age and deferred maintenance. The absence of current interior photos of the kitchen and bathrooms, combined with the age and the explicit need for updates, indicates these areas are likely in very poor, original, or severely outdated condition, requiring major rehabilitation rather than minor updates.
Pros & Cons

Pros

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 = 13706, living area = 2374.
Great Schools: Elementary School: De Portola Elementary School (9/10).
Prime Location & Community: Situated in one of Mission Viejo's most desirable, peaceful, and family-friendly neighborhoods, offering convenient access to shopping, dining, and entertainment at Mission Viejo Mall and The Shops at Mission Viejo.
Top-Rated Schools: Within walking distance of top-rated Class A schools (De Portola Elementary, La Paz Intermediate, Mission Viejo High), making it an excellent choice for families.
Private Pool & Generous Lot: Features a private backyard oasis with a well-placed pool and a generous 13,706 sqft lot, ideal for outdoor living and entertaining.
Lake Mission Viejo Access: Proximity to Lake Mission Viejo provides access to recreational opportunities such as boating, fishing, and picnicking, enhancing lifestyle appeal.
Spacious Layout & Renovation Potential: A 5-bedroom, 3-bathroom home with a spacious, light-filled, and open floor plan, offering an incredible opportunity for buyers to customize and create their dream home.

Cons

Extensive Renovation Required: The property explicitly states it 'will need some updates to reach its full potential' and 'Photos provide conceptual ideas,' indicating significant renovation and investment will be necessary.
Potential Overpricing: The current list price is significantly higher than the property's estimated value, suggesting it may be overpriced given the required updates and compared to recently sold, often updated, comparable properties.
Age of Property: Built in 1966, the home's age, coupled with the need for updates, implies that major systems and finishes may be original or outdated, potentially leading to higher immediate and long-term maintenance costs.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state