26922 Venado, Mission Viejo, California 92691, Mission Viejo, 92691 - 4 bed, 3 bath
Loading property details...
26922 Venado
Mission Viejo, California 92691
ACTIVE UNDER CONTRACT
CONDITION: POOR
4Beds
3Baths
2,160Sq Ft
7,728Lot Size
Property Price
LIST PRICE$1,250,000
EST. MARKET VALUE
$1,179,245
5% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000—positioned above the $1,179,246 Fair Market Value. While the property requires a comprehensive renovation due to its Condition Rating of 5, the 2,160 square foot floor plan and 7,728 square foot lot provide a substantial canvas for value-add improvements. Located in a desirable Mission Viejo neighborhood with access to Lake Mission Viejo and the Capistrano Unified School District, this asset is ideal for Fix-and-Flip Investors or Contractors seeking to modernize a classic home.
Estimated Market Value
$1,179,245
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 |
|---|---|---|---|---|---|---|
★ 26922 Venado Subject | $1,250,000* List Price | 4 | 3 | 2,160 | $546 | - |
A 27048 Santa Susana Sold | $1,500,000 | 4 | 3 | 2,882 | $520 | 0.3 mi |
B 27092 Calle Del Cid Sold | $1,280,000 | 4 | 2 | 1,836 | $697 | 0.2 mi |
C 26611 Loma Verde Sold | $1,575,000 | 4 | 3 | 2,559 | $615 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1973 and appearing in entirely original condition, this property exceeds the 30-50 year threshold for a major rehab. The kitchen and bathrooms are severely dated with original cabinetry and tile, and the interior features 1970s-era shag carpeting and popcorn ceilings. The listing explicitly targets investors and contractors, indicating the need for a total renovation of systems and finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Lifestyle
Situated in the established Madrid South neighborhood, the property offers access to Lake Mission Viejo amenities, scenic hiking trails, and highly regarded schools, ensuring long-term desirability.
- Generous Footprint
With 2,160 square feet of living space and a large 7,728 square foot lot, the home provides a functional four-bedroom layout and ample outdoor space for families.
- Value-Add Opportunity
The property serves as an ideal canvas for investors or buyers looking to build sweat equity by modernizing a spacious home in a high-demand community.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
The listing emphasizes 'potential' and 'reimagining,' indicating the home likely requires substantial cosmetic and functional updates to meet modern standards.
- Dated Infrastructure
Built in 1973, the property may feature aging systems or original finishes that necessitate immediate capital expenditure beyond simple aesthetic improvements.
About 26922 Venado
Nestled on a quiet, tree-lined street in one of Mission Viejo's established neighborhoods, this spacious 4-bedroom, 2.5-bath home offers approximately 2,160 square feet of endless potential. Whether you're an investor, contractor, or buyer eager to create your dream home, this is an exceptional opportunity to reimagine a property in a highly sought-after community. The functional floor plan features generously sized living spaces, four well-proportioned bedrooms, and a large backyard. Enjoy all that Mission Viejo is known for, including nearby shopping and dining at The Shops at Mission Viejo, outdoor recreation at Lake Mission Viejo (membership eligibility subject to association), and miles of scenic hiking and biking trails at Oso Creek Trail and nearby Wilderness Glen Park. Families will appreciate the proximity to neighborhood parks, recreation facilities, and highly regarded schools within the Saddleback Valley Unified School District. Conveniently located near the I-5 and 241 Toll Road, this home offers easy access throughout Orange County while being just a short drive from Laguna Beach, Dana Point Harbor, Irvine Spectrum Center, and Southern California's beautiful coastline. Bring your imagination and unlock the incredible potential this Mission Viejo gem has to offer.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 7,728 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 2,160 | 1,991.55 |
| Lot Size | 7,728 | 6,066.337 |
| Price | $1.25M | $1.37M |
| Price per sq ft | $579 | $682 |
| Built year | 1973 | 1977 |
| HOA | $0 | $221 |
| Days on market | 32 | 47 |
Pricing History
Listed for Sale
Aug 8, 2026
$1,250,000
Initial Listing