26981 La Paja, Mission Viejo, California 92691, Mission Viejo, 92691 - 5 bed, 4 bath

26981 La Paja, Mission Viejo, California 92691 home-pic-0

26981 La Paja

Mission Viejo, California 92691

ACTIVE UNDER CONTRACT
CONDITION: FAIR
5Beds
4Baths
3,451Sq Ft
16,500Lot Size

Property Price

LIST PRICE$1,999,900
EST. MARKET VALUE
$1,953,446

SUMMARY

Analysis of 26981 La Paja, Mission Viejo, California 92691 reveals a Fairly Priced Property with a current list price of $1,999,900  aligned with the estimated $1,953,446 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.

Estimated Market Value

$1,953,446
Based on Realkey algorithm analyzing recent comparable sales in Mission Viejo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
26981 La Paja
Subject
$1,999,900*
List Price
543,451$566-
A
26381 Amapola
Sold
$1,553,000543,386$4590.0 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

The property is well-maintained and move-in ready, but it is significantly outdated. Built in 1971, the kitchen features older cabinetry, tile countertops, and dated appliances. The bathrooms also reflect older styling. While the main level has updated engineered wood flooring, the listing description explicitly notes the 'potential to customize and modernize,' confirming that major systems and aesthetic features have not undergone a recent high-end renovation.

PROSSTRENGTHS & OPPORTUNITIES

  • 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 = 16500, living area = 3451.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 3451, other record living area = 3386.

About 26981 La Paja

Exceptional Opportunity in Prestigious Mission Ridge Welcome to one of Mission Viejo’s most coveted neighborhoods—Mission Ridge, where luxury, privacy, and lifestyle converge. Nestled among stately homes and expansive lots, this residence offers a rare chance to own in a premier enclave at an outstanding value. Set on an impressive ~16,500 sq ft lot, this 3,451 sq ft home presents endless potential to customize and elevate. The thoughtfully designed floorplan features five oversized bedrooms, including a main level bedroom with ensuite bath, and 3.5 bathrooms total—ideal for multi generational living, guests, or a home office setup. Formal living and dining rooms are complemented by a spacious family room, creating seamless flow for everyday living and entertaining. Master bedroom has 2 sitting areas, one can be used as an office, Interior highlights include engineered wood flooring on the main level and stairs and oversized tile in the family room, offering a solid foundation to personalize and modernize to your taste. Step outside to a private backyard retreat—Lush foliage with exceptional privacy. Anchored by a mature tree and surrounded by space, the yard is perfectly suited for a garden oasis. Enjoy the best of Mission Viejo living with low tax rates, no Mello Roos, and access to the Mission Ridge HOA and Lake Mission Viejo, where residents enjoy boating, beaches, fishing, summer concerts, and year round community events. Ideally located near the Mission Viejo Country Club, premier shopping and dining, and convenient freeway access. This home delivers both exclusivity and everyday convenience.. Whether you’re a large family or looking to grow your family, this is a rare opportunity to secure space, location, and lifestyle at an unbeatable value in Mission Ridge.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1971
Lot Size
16,500 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$360.0 / Month

Neighborhood Insights

Mission Viejo Unified Schools

Viejo Elementary School

Grades K-5 • 0.6 mi

5/10

Carl Hankey Middle School

Grades 6-8 • 0.8 mi

8/10

Newhart Middle School

Grades 6-8 • 1.5 mi

7/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.04.0
83%
Baths4.03.0
93%
Square foot3,4512,115
98%
Lot Size16,5007,200
99%
Price$2.00M$1.35M
97%
Price per sq ft$580$655
24%
Built year19711972
44%
HOA$360.0$30
96%
Days on market24162
3%

Pricing History

Listed for Sale

Feb 11, 2026

$1,999,900

Initial Listing

Sold

Sep 17, 2012

$845,000

Public Record

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