
Mission Viejo, California 92691
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $1,350,000—positioned well below the $1,461,144 Fair Market Value by 7%. This valuation gap provides $111,144 in Instant Equity for the buyer. With a Condition Rating of 4, the property offers a functional layout with a versatile downstairs suite, though it invites cosmetic modernization to maximize long-term appreciation. Located in the Cordova community with Lake Mission Viejo access, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-potential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27682 Estepona Subject | $1,349,000* List Price | 5 | 3 | 2,725 | $495 | - |
A 27426 Sereno Sold | $1,315,000 | 4 | 3 | 2,103 | $625 | 0.5 mi |
B 27616 Soltero Sold | $1,157,000 | 3 | 3 | 1,936 | $598 | 0.1 mi |
C 27552 Berdun Sold | $1,520,000 | 3 | 3 | 2,602 | $584 | 0.7 mi |
D 27722 Torija Sold | $1,520,000 | 4 | 3 | 2,537 | $599 | 0.8 mi |
E 22182 Abrazo Pending | $1,699,900 List Price | 5 | 3 | 3,084 | $551 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, the property is over 45 years old and shows a mix of minor cosmetic updates like fresh exterior paint and newer bedroom flooring, but the main living areas feature dated tile and older finishes. While functional, the kitchen and bathrooms likely require modernization to meet current standards.
At 2,725 sq. ft. with 5 bedrooms, this home is significantly larger than many in the neighborhood and features a versatile downstairs suite ideal for multi-generational living.
The property includes membership to Lake Mission Viejo, offering premium access to private beaches, boating, fishing, and year-round community concerts and events.
Situated in the highly sought-after Cordova community, the home is ideally located near top-rated schools, parks, and major shopping and dining hubs.
The property listing indicates no significant views, which may be a drawback for buyers specifically looking for the hillside or city light vistas common in Mission Viejo.
While the exterior is freshly painted, the 1977 construction and lack of mentioned interior updates suggest that the kitchen and bathrooms may require additional investment to meet modern luxury standards.
Located in the highly sought-after Cordova community, this spacious 2,725 sq. ft. home offers exceptional living space with 5 bedrooms and 3 full bathrooms—significantly larger than many homes in the neighborhood. The versatile floor plan features a downstairs suite ideal for guests or multi-generational living, and a large upstairs primary retreat with a walk-in closet. Enjoy a formal living room, a large family room, and freshly painted exterior finishes. Ideally situated near parks, top-rated schools, shopping, dining, and all that Mission Viejo has to offer, including membership to Lake Mission Viejo with access to beaches, swimming, boating, fishing, summer concerts, picnic areas, and year-round community events.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,725 | 1,923 |
| Lot Size | 6,235 | 6,200 |
| Price | $1.35M | $1.35M |
| Price per sq ft | $495 | $686 |
| Built year | 1977 | 1976 |
| HOA | $179.0 | $163 |
| Days on market | 48 | 45 |
Jul 3, 2026
$1,349,000
$1,350,000
+0% Price Increase
Initial Listing
Jun 4, 2026
$1,350,000
Initial Listing
Dec 31, 2013
$580,000
Public Record