27857 Espinoza, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath
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Mission Viejo, California 92692
This Modernized Single-Level Residence is a Prime Investment Opportunity, listed at $899,000—positioned well below the $924,287 Fair Market Value by 2%. This valuation gap offers $25,287 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the home features an updated granite kitchen, a versatile den/office, and a serene forested greenbelt view. Located in the Saddleback Valley Unified District within the guard-gated Casta del Sol 55+ community, this property balances resort-style amenities with immediate financial upside. It is a perfect fit for Active Seniors or Owner-Occupants seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27857 Espinoza Subject | $899,000* List Price | 2 | 2 | 1,503 | $615 | - |
A 27942 Via Granados Sold | $830,000 | 2 | 2 | 1,472 | $564 | 0.2 mi |
B 27806 Calle Marin Sold | $1,080,000 | 3 | 2 | 1,546 | $699 | 0.1 mi |
C 28402 Pacheco Sold | $845,000 | 2 | 2 | 1,503 | $562 | 0.8 mi |
D 23986 Calle Alonso Sold | $812,000 | 2 | 2 | 1,410 | $576 | 0.1 mi |
E 28481 Pacheco Sold | $865,000 | 2 | 2 | 1,410 | $613 | 0.8 mi |
F 27740 Via Sarasate Sold | $1,075,000 | 3 | 2 | 1,472 | $730 | 0.2 mi |
G 28013 Espinoza Active | $899,900 List Price | 3 | 2 | 1,472 | $611 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained. Although built in 1977, the kitchen has been updated with granite countertops, recessed lighting, and white cabinetry. The bathrooms feature updated vanities and fixtures. The interior shows minimal wear with neutral paint, plantation shutters, and a combination of tile and carpeted flooring that does not require immediate renovation.
Situated in the guard-gated Casta del Sol, the property offers an active resort lifestyle with access to tennis, pickleball, a golf course, and exclusive Lake Mission Viejo membership.
The desirable layout includes a dedicated den/office space in addition to two bedrooms, providing essential flexibility for remote work or hobbyists within a functional open-concept design.
Featuring two covered patios, including one that faces a lush green belt, the home provides a private and peaceful setting for outdoor relaxation and entertaining.
Built in 1977, the home may require capital improvements or modernization of major systems and cosmetic finishes to meet the expectations of contemporary buyers.
The monthly association fee of $590 represents a significant ongoing carrying cost that may impact the affordability index for some retirees on fixed incomes.
Live the lifestyle you’ve been waiting for in the guard-gated 55+ community of Casta del Sol. This desirable Rosa floor plan offers 2 bedrooms; 2 baths PLUS A ROOMY DEN/OFFICE SPACE thoughtfully designed for comfortable everyday living. A welcoming open-concept kitchen, living & dining rooms with fireplace hosts two patios—perfect for morning coffee or easy entertaining. One of the two covered patios is right off the dining area & is facing the green belt creating a peaceful ambience. The primary suite features a walk-in closet & en-suite bath, while the secondary bedroom is privately situated in its own wing with adjacent bath featuring a walk-in shower. Enjoy the ease of an attached two-car garage & a functional layout that lives well. Casta del Sol offers an active, resort-style lifestyle with tennis, pickleball, bocce ball, lawn bowling, shuffleboard, swimming with a wide variety of clubs & social activities. It is ideally located near Oso Creek Golf Course and includes Lake Mission Viejo membership with access to boating, concerts & more. Comfort, community, & convenience—all in one.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 20% |
| Baths | 2.0 | 3.0 | 46% |
| Square foot | 1,503 | 1,810.5 | 35% |
| Lot Size | 3,774 | 4,958 | 30% |
| Price | $899.0K | $1.24M | 16% |
| Price per sq ft | $598 | $650 | 23% |
| Built year | 1977 | 1984 | 27% |
| HOA | $590.0 | $268 | 94% |
| Days on market | 19 | 143 | 1% |
Apr 3, 2026
$899,000
Initial Listing
Aug 28, 2008
$410,000
Public Record