26848 Park Terrace Lane 130, Mission Viejo, California 92692, Mission Viejo, 92692 - 3 bed, 3 bath

26848 Park Terrace Lane 130, Mission Viejo, California 92692 home-pic-0

26848 Park Terrace Lane 130

Mission Viejo, California 92692

ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,227Sq Ft
41,988Lot Size

Property Price

LIST PRICE$815,000

SUMMARY

Analysis of 26848 Park Terrace Lane 130, Mission Viejo, California 92692 is currently available with a list price of $815,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and features a modern, recently upgraded kitchen with marble countertops, updated cabinetry, and stainless steel appliances. While the 1986 construction is still evident in the older bathroom vanities, floor tiling, and weathered outdoor patio/pergola, the interior has been refreshed with contemporary flooring, vaulted ceilings, and updated light fixtures, meeting the criteria for a well-maintained, partially renovated home.

PROSSTRENGTHS & OPPORTUNITIES

  • Lake Mission Viejo Privileges

    Homeowners enjoy exclusive access to Lake Mission Viejo, providing a premium lifestyle with boating, fishing, private concerts, and seasonal community events.

  • End-Unit Privacy

    As an end-unit townhome, this property offers increased natural light through additional windows and fewer shared walls, enhancing both privacy and the sense of space.

  • Modern Kitchen Upgrades

    The kitchen has been tastefully updated with elegant marble countertops and modern cabinetry, making the heart of the home move-in ready and visually appealing.

CONSRISKS & DEFICIENCIES

  • Compact Living Space

    With 1,227 square feet distributed across three bedrooms, the individual room sizes may feel somewhat restrictive for families requiring larger living areas.

  • Monthly HOA Expenses

    The $435 monthly association fee represents a significant recurring cost that buyers must factor into their overall affordability and monthly budget.

  • 1980s Era Construction

    Built in 1986, the property may eventually require updates to original infrastructure or systems that fall outside of the recent cosmetic kitchen renovations.

About 26848 Park Terrace Lane 130

Welcome to this 3-bedroom, 2.5-bathroom end-unit townhome located in the highly desirable Emerald Pointe community, perfectly situated in the heart of Mission Viejo! The interior is bright and airy with an open, vaulted-ceiling living room featuring abundant natural light, a cozy fireplace, and a charming bay window. The upgraded kitchen and breakfast bar boast elegant marble countertops, modern cabinetry with beautiful glass doors, and come fully equipped with appliances including a refrigerator, washer, and dryer — truly move-in ready! The main level includes a convenient powder room and a direct-access two-car garage. Just steps from your garage, you’ll find one of the community’s two sparkling pools. Residents also enjoy access to two swimming pools, a relaxing spa, and scenic greenbelts, creating a resort-style living experience. Your private backyard patio is ideal for barbecues, entertaining, or simply unwinding. The community also features paved walking paths and shaded seating areas, providing a peaceful environment to relax and recharge. As a homeowner, you’ll have exclusive Lake Mission Viejo privileges, including hiking, fishing, boating, community and private events, and outdoor concerts, offering endless recreation and entertainment options. The location is unbeatable, with top-rated schools, popular dining spots, coffee shops, grocery stores, The Shops at Mission Viejo, beautiful parks, and hiking trails all just minutes away. This home perfectly blends investment potential and comfortable living. Don’t miss this opportunity — schedule your private showing today!

Property Details

Public Facts

Property Type
Townhouse
Year Built
1986
Lot Size
41,988 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$435.0 / Month

Neighborhood Insights

Mission Viejo Unified Schools

Carl Hankey Elementary School

Grades K-5 • 0.3 mi

6/10

Carl Hankey Middle School

Grades 6-8 • 0.3 mi

8/10

Newhart Middle School

Grades 6-8 • 1.8 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.03.0
50%
Baths3.03.0
50%
Square foot1,2271,234
44%
Lot Size41,98810,842
78%
Price$815.0K$815.0K
50%
Price per sq ft$664$639
78%
Built year19861990
11%
HOA$435.0$435
50%
Days on market163163
56%

Pricing History

Listed for Sale

Oct 17, 2025

$815,000

$835,000

-2% Price Drop

Initial Listing

Price Change

Sep 25, 2025

$835,000

Initial Listing

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