26943 Diamond 238, Mission Viejo, California 92691, Mission Viejo, 92691 - 2 bed, 2 bath
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Mission Viejo, California 92691
This Upgraded Hillcrest Village Residence is a High-Potential Investment Opportunity, listed at $649,000—positioned well below the $673,751 Fair Market Value by 3%. This valuation gap provides $24,751 in Instant Equity for the incoming buyer. The property maintains a Move-In Ready Condition Rating, featuring soaring cathedral ceilings, a remodeled kitchen, and a private deck with serene woods views. Located in the Capistrano Unified District near top-rated Hankey Middle School, it perfectly balances lifestyle perks with financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 26943 Diamond 238 Subject | $649,000* List Price | 2 | 2 | 1,206 | $559 | - |
A 26914 Jasper 254 Sold | $700,000 | 2 | 2 | 1,206 | $580 | 0.0 mi |
B 26812 Turquoise Sold | $795,000 | 3 | 3 | 1,260 | $631 | 0.3 mi |
C 26982 Stonehaven 77 Sold | $829,000 | 3 | 3 | 1,464 | $566 | 0.1 mi |
D 27756 Emerald 2 Sold | $595,000 | 2 | 2 | 942 | $632 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition with several modern updates. Built in 1985, it features newer wide-plank flooring, updated countertops, and fresh neutral paint. While the kitchen is described as 'newer,' the cabinetry appears to be a well-maintained older style and there is a mix of stainless steel and older white appliances. The presence of plantation shutters and soaring cathedral ceilings adds significant appeal, but the property stops short of 'excellent' as it has not undergone a full, top-to-bottom renovation within the last 5 years.
The property features a recently remodeled kitchen with contemporary finishes and soaring cathedral ceilings that enhance the natural light and create a spacious, move-in-ready feel.
Ideally located near the Oso Creek Trail and major shopping centers like the Shops at Mission Viejo, the home offers easy access to outdoor recreation, dining, and major commuter routes.
Unlike many condos, this unit includes both a private one-car garage and an additional parking spot, along with the added convenience of an interior laundry closet.
The association fee of $523 per month is a significant recurring expense that increases the total monthly carrying cost and may impact the purchasing power of some buyers.
As an upstairs unit, the property requires navigating stairs for entry, which may be a drawback for buyers prioritizing long-term accessibility or those with mobility limitations.
Welcome to this beautifully upgraded upstairs condo in the highly sought after Hillcrest Villages community of Mission Viejo. Located at 26943 Diamond, this light-filled 2-bedroom, 2-bathroom home features soaring cathedral ceilings that create an open, airy living space with an abundance of natural light. The newer kitchen includes modern finishes, updated cabinetry and countertops, perfect for both everyday living and entertaining, and an interior laundry closet adds convenience. A bright primary suite offers comfort and privacy, while the second bedroom is ideal for guests, a home office, or growing families. Additional highlights include a private one-car garage, a second vehicle parking spot, and well-designed living areas that maximize both style and functionality. Residents of Hillcrest Villages enjoy access to resort-style amenities including a pool, relaxing spa, and inviting BBQ area. Ideally situated, this home is just minutes from outdoor recreation at Oso Creek Trail offering scenic walking paths and green spaces. For shopping and dining, you’ll find convenient access to Shops at Mission Viejo and Kaleidoscope Center, featuring popular retailers, restaurants, and entertainment options. Commuters will appreciate the proximity to major routes including the I-5 and 241 Toll Road. Come quick!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 0.7 mi
Grades 6-8 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,206 | 1,021.5 | 65% |
| Lot Size | 60,596 | 75,285 | 43% |
| Price | $649.0K | $595.0K | 63% |
| Price per sq ft | $538 | $610 | 20% |
| Built year | 1985 | 1984 | 59% |
| HOA | $523.0 | $484 | 63% |
| Days on market | 23 | 170 | 2% |
Mar 30, 2026
$649,000
Initial Listing
Jun 2, 2023
$590,000
Public Record
Sep 24, 2008
$297,000
Public Record
Feb 16, 2000
$167,500
Public Record