
Mission Viejo, California 92691
This Turnkey Condominium represents a Strong Value Opportunity, listed at $835,000—positioned above the $780,999 Fair Market Value by 6%. Despite the premium, the property maintains an Excellent Condition Rating following a 2023 renovation. Featuring a private backyard with artificial turf and access to community pool and spa, this home offers a high-end lifestyle near top-rated schools like Carl Hankey Middle. With proven short-term rental performance, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26936 Carnelian 241 Subject | $835,000* List Price | 2 | 3 | 1,302 | $599 | - |
A 26943 Diamond 238 Sold | $645,000 | 2 | 2 | 1,206 | $535 | 0.0 mi |
B 26928 Carnelian 247 Active | $715,000 List Price | 2 | 2 | 1,206 | $593 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a full renovation in 2023, meeting the <5-year renovation criteria for Excellent condition. It features a modern kitchen with updated cabinetry and stainless steel appliances, contemporary bathrooms with designer fixtures, and high-quality finishes throughout, making it a turnkey, mint-condition home.
Extensively renovated in 2023, this turnkey end-unit features modern upgrades, vaulted ceilings, and epoxy garage flooring, offering immediate move-in readiness.
The property boasts a rare private backyard with low-maintenance artificial turf, providing significantly more outdoor space than typical comparable homes in the community.
Currently operating as a successful short-term rental, the property generates approximately 30% higher monthly income than standard long-term rentals in the area.
The association fee of $523 per month represents a substantial recurring expense that may impact the overall affordability for some buyers.
With only a single-car garage, the property may pose challenges for multi-vehicle households, despite the availability of community guest parking.
Welcome to this beautifully upgraded Southern California retreat in the highly desirable Hillcrest community of Mission Viejo. Renovated in 2023, this two-story end-unit home offers 2 bedrooms, 2.5 bathrooms, and approximately 1,302 square feet of thoughtfully designed living space with soaring vaulted ceilings, abundant natural light, and a cozy fireplace. The private backyard is a rare find for the community, featuring low-maintenance artificial turf and exceptional outdoor space that is difficult to find in comparable homes. Additional highlights include a single-car direct-access garage with epoxy flooring, a newer washer and dryer, and ample guest parking throughout the community. Residents enjoy access to the community pool and spa while being conveniently located just minutes from local shopping, dining, scenic hiking trails, and Orange County's world-famous beaches. Currently operated as a successful short-term rental, the property has generated approximately 30% higher monthly income than comparable long-term rental properties within the community. Whether you're a single professional, couple, young family, or savvy investor seeking a versatile income-producing opportunity, this turnkey home offers an exceptional combination of lifestyle, location, and investment potential. Buyer to independently verify all rental income, permits, and short-term rental regulations.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.7 mi
Grades 6-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,302 | 1,248.725 |
| Lot Size | - | 90,361.45 |
| Price | $835.0K | $756.3K |
| Price per sq ft | $641 | $612 |
| Built year | 1986 | 1984 |
| HOA | $523.0 | $504 |
| Days on market | 89 | 55 |
Jun 12, 2026
$835,000
Initial Listing
Oct 3, 2022
$725,000
Public Record
Jul 7, 2017
$520,000
Public Record
Aug 3, 2006
$500,000
Public Record
Sep 18, 2001
$239,000
Public Record