27881 Abadejo, Mission Viejo, California 92692, Mission Viejo, 92692 - 5 bed, 3 bath

27881 Abadejo, Mission Viejo, California 92692 home-pic-0

27881 Abadejo

Mission Viejo, California 92692

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
5Beds
3Baths
2,143Sq Ft
10,086Lot Size

Property Price

LIST PRICE$1,499,000
EST. MARKET VALUE
$1,604,008
6% BelowMARKET VALUE

SUMMARY

Analysis of 27881 Abadejo, Mission Viejo, California 92692 reveals a Prime Investment Opportunity with a current list price of $1,499,000—significantly undercutting the $1,604,008 Fair Market Value by 6%. This valuation gap indicates a +$105,008 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Mission Viejo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Estimated Market Value

$1,604,008 +$105,008 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Mission Viejo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
27881 Abadejo
Subject
$1,499,000*
List Price
532,143$748-
A
27782 Abadejo
Sold
$1,408,000331,926$7310.1 mi
B
27701 Pasatiempo
Sold
$1,460,000432,090$6990.7 mi
C
27661 Pasatiempo
Sold
$1,400,000321,594$8780.7 mi
D
27831 Siruela
Active
$1,321,900
List Price
321,470$8990.5 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1976, the property has undergone an extensive recent renovation within the last 5 years, presenting in turn-key condition. The interior features a modern kitchen with white shaker cabinetry, quartz countertops, and stainless steel appliances, along with fully updated bathrooms, contemporary wide-plank flooring, recessed lighting, and energy-efficient owned solar panels.

PROSSTRENGTHS & OPPORTUNITIES

  • High Available Lot Utilization

    The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10086, living area = 2143.

  • Multigenerational Floor Plan

    The rare five-bedroom configuration includes a highly desirable downstairs bedroom, providing essential flexibility for multigenerational living, guest accommodations, or a dedicated home office.

  • Premium Lot and Privacy

    Situated on an expansive 10,086 sqft lot that backs directly to a lush greenbelt, the property offers superior privacy and outdoor space compared to standard suburban lots.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.

  • Vintage Infrastructure

    Originally constructed in 1976, the home may possess aging underlying systems or structural elements that could require maintenance despite its turn-key cosmetic condition.

  • Price-to-Space Ratio

    At a list price of nearly $1.5M for 2,143 square feet, the property commands a premium price-per-square-foot that may be sensitive to appraisal valuations in the current market.

About 27881 Abadejo

Discover this stunning turn-key 5-bedroom home nestled in one of Mission Viejo's most sought-after neighborhoods. With a convenient downstairs bedroom, the flexible floor plan is perfect for multigenerational living, accommodating guests, or creating a dedicated home office. Step inside to a bright, airy interior that's completely move-in ready, complete with owned solar panels for maximum energy savings and eco-friendly living. The spacious backyard is a true highlight—backing directly to a serene greenbelt for ultimate privacy, plus plenty of room for outdoor play, gardening, relaxing, or hosting gatherings. Ideally located near top-rated schools, shopping, dining, scenic parks, walking trails, and abundant open space, this home offers the perfect blend of tranquility and convenience for an active, family-oriented lifestyle.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1976
Lot Size
10,086 Sq. Ft.

Interior

Total Bedrooms
5
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$62.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds5.03.0
89%
Baths3.03.0
50%
Square foot2,1431,902
65%
Lot Size10,0864,950
97%
Price$1.50M$1.23M
71%
Price per sq ft$699$645
69%
Built year19761983
18%
HOA$62.0$248
4%
Days on market9149
1%

Pricing History

Listed for Sale

Feb 26, 2026

$1,499,000

Initial Listing

Sold

Dec 1, 2006

$769,000

Public Record

Sold

Jun 4, 2004

$715,000

Public Record

Sold

May 11, 1994

$232,000

Public Record

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