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27782 Inverness 24, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath

27782 Inverness 24, Mission Viejo, California 92692 home-pic-0
ACTIVE$750,000
27782 Inverness 24, Mission Viejo, California 92692
2Beds
2Baths
1,439Sqft
201,183Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Interior Upgrades: The unit boasts numerous modern updates including wood floors, white shutters, a gourmet kitchen with newer appliances and quartz countertops, and a master bath with brand new double sinks and fixtures, enhancing its aesthetic and functionality.
Top Cons:
High Monthly Association Fees: The monthly association fee of $691.00 is substantial and represents a significant ongoing cost for homeowners.

Compared to the nearby listings

Price:$750.0K vs avg $840.0K ($-90,000)22%
Size:1,439 sqft vs avg 1,369 sqft57%
Price/sqft:$521 vs avg $60615%

More Insights

Built in 1985 (40 years old).
Condition: The property, built in 1985, is well-maintained and features several desirable updates such as wood floors, white shutters, newer stainless steel kitchen appliances, quartz countertops, and a 2-year-old water heater. The master bathroom also boasts brand new double sinks and fixtures. However, the kitchen's honey oak cabinets and the master bathroom's tile countertops appear dated, indicating that the renovations were not a full, extensive overhaul. A significant drawback is the lack of central air conditioning, with only a ceiling fan mentioned. While move-in ready, these outdated elements and the absence of central AC suggest that minor updates would be desired by most buyers, aligning with a 'fair' condition score where major components are functional but show signs of being outdated.
Year Built
1985
Close
-
List price
$750K
Original List price
$825K
Price/Sqft
$521
HOA
$691
Days on market
-
Sold On
-
MLS number
OC25004170
Home ConditionFair
Features
Good View: Park/Greenbelt, Neighborhood, Trees/Woods
Deck
ViewPark/Greenbelt, Neighborhood, Trees/Woods

About this home

REDUCED $75000!! check out price per square foot- $520/sqft. This gorgeous unit offers wood floors, white shutters, gourmet kitchen with newer appliances - gas range, quartz counter top, microwave, pantry, & breakfast nook alcove area (presently used as office). Spacious living area with fireplace and white shutter sliders out to the rear patio deck. Open trees view toward the Casta del Sol golf course. Formal dining area adjacent to living room for entertaining. Large master suite with master bath featuring brand new double sinks and fixtures, roman sized bath tub. Attractive decorator paint colors, raised panel doors, & mirrored closet doors. Water heater 2 years new. Ceiling fan in breakfast alcove (office area). Walk to the lake location, gated community, also front entry way patio. Direct walk - in to this mid-level unit, no steps to the bottom unit or stairs to the top unit. Two car detached garage offers built in shelving & built in cabinets + work bench. Ample open guest parking. Association offers a pool, spa, and a club house. The Lake Mission Viejo membership offers swimming, boating, paddle boats, summertime concerts & movies, and 4th of July fireworks.

Nearby schools

7/10
Castille Elementary School
Public,•K-5•1.0mi
7/10
Newhart Middle School
Public,•6-8•1.7mi
8/10
Carl Hankey Middle School
Public,•6-8•3.7mi
7/10
Capistrano Valley High School
Public,•9-12•5.8mi
Condition Rating
Fair
The property, built in 1985, is well-maintained and features several desirable updates such as wood floors, white shutters, newer stainless steel kitchen appliances, quartz countertops, and a 2-year-old water heater. The master bathroom also boasts brand new double sinks and fixtures. However, the kitchen's honey oak cabinets and the master bathroom's tile countertops appear dated, indicating that the renovations were not a full, extensive overhaul. A significant drawback is the lack of central air conditioning, with only a ceiling fan mentioned. While move-in ready, these outdated elements and the absence of central AC suggest that minor updates would be desired by most buyers, aligning with a 'fair' condition score where major components are functional but show signs of being outdated.
Pros & Cons

Pros

Extensive Interior Upgrades: The unit boasts numerous modern updates including wood floors, white shutters, a gourmet kitchen with newer appliances and quartz countertops, and a master bath with brand new double sinks and fixtures, enhancing its aesthetic and functionality.
Exceptional Community Amenities & Lake Access: Located in a gated community, residents enjoy access to a pool, spa, clubhouse, and exclusive membership to Lake Mission Viejo, offering a wide array of recreational activities and events.
Favorable Pricing & Value: A significant $75,000 price reduction and a competitive price per square foot ($520/sqft) present an attractive value proposition for potential buyers.
Convenient Accessibility & Parking: This mid-level unit offers direct walk-in access with no stairs, complemented by a two-car detached garage with built-in shelving and ample guest parking.
Pleasant Views & Recent Maintenance: The property offers open tree views towards the Casta del Sol golf course, and a water heater that is only two years old, reducing immediate maintenance concerns.

Cons

High Monthly Association Fees: The monthly association fee of $691.00 is substantial and represents a significant ongoing cost for homeowners.
Lack of Central Air Conditioning: The description only mentions a ceiling fan, implying the absence of central air conditioning, which could be a comfort concern during warmer months.
Age of Building: Built in 1985, the property is nearly 40 years old, which, despite interior updates, may lead to potential future maintenance or special assessments related to the building's original infrastructure.

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