
Mission Viejo, California 92692
This Turnkey Condominium is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,189,895 Fair Market Value by 7%. This valuation gap offers $89,895 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes a Granite Kitchen, New Trex Decking, and a Remodeled Jack and Jill Bathroom. Located in the gated Cypress Point community near Top-Rated Schools, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking refined, low-maintenance living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27712 Turnberry Subject | $1,100,000* List Price | 3 | 3 | 2,197 | $542 | - |
A 21982 Kitridge 143 Sold | $935,000 | 3 | 3 | 1,543 | $606 | 0.7 mi |
B 23361 Cypress Point Active | $1,150,000 List Price | 3 | 3 | 1,951 | $589 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1989, the property is exceptionally well-maintained with significant recent capital improvements including a new roof, tankless water heater, and Trex decking. The interior features a recently remodeled bathroom and updated kitchen appliances, meeting the criteria for a functional, move-in ready home.
The property features significant capital improvements including a new roof, a new tankless water heater, and durable Trex decking with a 30-year warranty, ensuring low maintenance and peace of mind for the buyer.
Located in the exclusive Cypress Point gated community, the home offers enhanced security and a prime location near Oso Creek Golf Course and Lake Mission Viejo.
The interior boasts vaulted ceilings and hardwood floors, complemented by a meticulously finished garage featuring epoxy flooring and custom built-in storage cabinetry.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =219020, other record lot size in square feet = 8759.
At $715.35 per month, the association fees are relatively high, which may impact the overall affordability and debt-to-income ratio for some prospective buyers.
Despite its spacious layout and features, the property is classified as a condominium, which may be less desirable for buyers specifically seeking traditional fee-simple single-family residential ownership.
Welcome to the covenant GATED community of CYPRESS POINT where this beautifully maintained home offers a bright open layout and timeless appeal. Vaulted ceilings, rich hardwood floors, and abundant natural light enhance the inviting living spaces, highlighted by a tiled fireplace and CUSTOM BUILT-IN cabinetry. The kitchen features GRANITE countertops, white cabinetry, A NEW STAINLESS-STEEL stove, and other stainless-steel appliances. A sunlit breakfast nook and dining area connect seamlessly to the outdoor deck through French doors, creating an ideal setting for effortless indoor-outdoor living. The spacious primary suite includes a LARGE ON-SUITE bathroom. Secondary bedrooms are well sized and versatile, while a recently REMODELED Jack and Jill bathroom adds modern style and everyday functionality. The garage is equally impressive, featuring EPOXY flooring, CUSTOM STORAGE cabinets with a BUILT-IN workbench, ideal for organization, hobby use, or added functionality. Enjoy serene outdoor living with NEW TREX front and back porches and decking, offering durability, low maintenance, and a 30 year warranty, along with a covered patio surrounded by mature landscaping, perfect for relaxing or entertaining. Recent upgrades include a NEW ROOF, NEW SKYLIGHT, and a NEW TANKLESS WATER HEATER, providing comfort and peace of mind. Ideally located near Oso Creek Golf Course, Lake Mission Viejo, shopping, and dining, this home delivers comfort, convenience, and community living at its best. An exceptional opportunity to enjoy refined living in one of Mission Viejo’s most desirable gated communities.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.5 mi
Grades 6-8 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 69% |
| Baths | 3.0 | 2.0 | 69% |
| Square foot | 2,197 | 1,309.5 | 98% |
| Lot Size | 219,020 | 70,600 | 77% |
| Price | $1.10M | $806.2K | 94% |
| Price per sq ft | $501 | $612 | 10% |
| Built year | 1989 | 1990 | 46% |
| HOA | $715.35 | $480 | 81% |
| Days on market | 0 | 126 | 4% |
May 12, 2026
$1,100,000
Initial Listing
Jun 22, 2018
$672,000
Public Record
May 2, 2016
$567,500
Public Record
Jul 27, 2000
$330,000
Public Record
Mar 4, 1994
$223,000
Public Record