274 California Court, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath
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274 California Court
Mission Viejo, California 92692
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
843Sq Ft
42,997Lot Size
Property Price
LIST PRICE$550,000
EST. MARKET VALUE
$588,987
6% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Condominium is a Strong Value Opportunity, listed at $550,000—positioned well below the $588,987 Fair Market Value by 6%. This valuation gap offers $38,987 in Instant Equity. Featuring a Mint Condition Rating with a newly remodeled kitchen, contemporary baths, and serene tree views, this home requires zero immediate work. Located in the Saddleback Valley Unified district near Trabuco Hills High School, it is an ideal choice for first-time buyers or owner-occupants seeking a turnkey, lifestyle-focused residence.
Estimated Market Value
$588,987+$38,987 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 274 California Court Subject 2 bd · 2 ba · 843 sqft · $699 | $550,000* List Price | 2 | 2 | 843 | $699 | - |
A 157 California Court Sold 2 bd · 2 ba · 900 sqft · $689 · 0.1 mi | $620,000 | 2 | 2 | 900 | $689 | 0.1 mi |
B 165 California Court Sold 2 bd · 2 ba · 843 sqft · $747 · 0.1 mi | $630,000 | 2 | 2 | 843 | $747 | 0.1 mi |
C 201 California Court Sold 1 bd · 1 ba · 872 sqft · $579 · 0.1 mi | $505,000 | 1 | 1 | 872 | $579 | 0.1 mi |
D 205 Niebla Lane Sold 1 bd · 2 ba · 893 sqft · $705 · 0.1 mi | $630,000 | 1 | 2 | 893 | $705 | 0.1 mi |
E 210 California Court Active 2 bd · 2 ba · 843 sqft · $735 · 0.0 mi | $620,000 List Price | 2 | 2 | 843 | $735 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has been newly remodeled throughout, featuring a completely renovated kitchen with stone countertops and stainless appliances, and two fully updated bathrooms. The HVAC system is only three years old, and the interior features modern plank flooring and recessed lighting, placing it in mint condition following a very recent renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Remodel
The property is move-in ready following extensive recent upgrades, including a fully remodeled kitchen with stone countertops, renovated bathrooms with contemporary finishes, and updated flooring throughout.
- Premium Privacy and Views
Situated in a desirable location within the community, the home offers serene tree-lined views and exceptional privacy with no neighboring residences directly facing the windows.
- Modern Infrastructure
The home features significant mechanical and efficiency upgrades, including dual-pane windows and an air conditioning system replaced only three years ago, reducing immediate maintenance concerns.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =42997, other record lot size in square feet = 43910.
- Compact Living Space
With only 843 square feet of living area, the interior footprint is relatively small for a two-bedroom, two-bath configuration, which may feel restrictive for some buyers.
- High Association Fees
The monthly HOA fee of $549 is substantial for a property of this size and price point, potentially impacting the overall affordability and debt-to-income ratio for prospective owners.
About 274 California Court
**NEWLY REMODELED THROUGHOUT | PREMIUM LOCATION | BEAUTIFUL TREE VIEWS!** Welcome to 274 California Court, a newly remodeled 2-bedroom, 2-bath home in Mission Viejo. Extensive recent improvements include a beautifully remodeled kitchen, two completely remodeled bathrooms, updated flooring, fresh interior paint, recessed lighting, and new window coverings. The home also features dual-pane windows and an air conditioning system replaced approximately three years ago. The updated kitchen features white cabinetry, stone countertops, stainless steel appliances, and a gas range. Both bathrooms have been completely renovated with new vanities, contemporary tile finishes, and glass-enclosed showers. Vaulted ceilings and natural light give the living area an open feel, complemented by a gas fireplace and attractive plank flooring throughout. Location is another standout feature. Positioned in a desirable area of the community, the home enjoys beautiful views of mature trees, excellent privacy with no neighboring residences directly facing the windows, and abundant convenient nearby parking. The covered balcony offers additional outdoor living space with a peaceful, tree-lined outlook. Additional features include a primary bedroom with a walk-in closet, an attached one-car garage with washer and dryer, and Lake Mission Viejo privileges. With the extensive remodeling already completed and a premium location within the community, this home is truly move-in ready! MORE PHOTOS COMING SOON
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1994
- Lot Size
- 42,997 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $549.0 / Month
Neighborhood Insights
Mission Viejo Unified Schools
Montevideo Elementary School
Grades K-6 • 3.6 mi
7/10
La Paz Intermediate School
Grades 7-8 • 4.6 mi
7/10
Trabuco Hills High School
Grades 9-12 • 0.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 843 | 1,240.63 |
| Lot Size | 42,997 | 97,777.444 |
| Price | $550.0K | $756.5K |
| Price per sq ft | $652 | $613 |
| Built year | 1994 | 1987 |
| HOA | $549.0 | $512 |
| Days on market | 3 | 59 |
Pricing History
Listed for Sale
Oct 22, 2026
$550,000
Initial Listing
Sold
Nov 20, 2015
$337,500
Public Record
Sold
Sep 13, 2002
$240,000
Public Record
Sold
Sep 1, 2000
$170,000
Public Record
Sold
Jun 8, 1995
$117,500
Public Record
Sold
Nov 24, 1993
$111,500
Public Record