27882 Finisterra 117, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath
27882 Finisterra 117
Mission Viejo, California 92692
Property Price
SUMMARY
Analysis of 27882 Finisterra 117, Mission Viejo, California 92692 is currently available with a list price of $870,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
This townhouse has been 'newly remodeled' as stated in the description, and the images confirm extensive, high-quality updates. The kitchen features modern light wood cabinetry, white quartz countertops, a farmhouse sink, and stainless steel appliances (range/hood). Both bathrooms are also fully remodeled with contemporary vanities, fixtures, and subway tile. Hardwood flooring and recessed lighting are present throughout the main living areas and bedrooms, giving the property a virtually new and modern feel. While the original build year is 1978, the recent comprehensive renovation of key areas brings its condition to an excellent standard, making it move-in ready with no deferred maintenance in the visible updated components.
PROSSTRENGTHS & OPPORTUNITIES
- Newly Remodeled & Modern Finishes
The townhouse has been newly remodeled, featuring a beautifully updated kitchen with quartz countertops and a farmhouse sink, along with a remodeled primary ensuite bathroom, offering a move-in ready modern aesthetic.
- Exceptional Lake Proximity & Access
Located just one building away from Mission Viejo Lake, residents enjoy direct lake access for swimming and boating, providing a highly desirable recreational lifestyle.
- Unique Privacy & Architectural Features
The upper-level living area offers enhanced privacy with no neighbors above or below, complemented by an open floor plan, high cathedral ceilings, recessed lighting, and large windows.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The monthly HOA dues of $608 are relatively high, which could impact affordability for some buyers, despite covering water, trash, and exterior maintenance.
- Age of Building Structure
While newly remodeled, the property was built in 1978, meaning the underlying structure and some systems may be older, potentially leading to future maintenance considerations not covered by cosmetic updates.
- Lack of Explicit Central Air Conditioning
The description does not mention a cooling system, which is common for homes of this vintage and could be a significant drawback during warmer months in Southern California.
About 27882 Finisterra 117
This newly remodeled 2-story townhouse features 2 bedrooms and an office that can serve as a small guest room for visitors. Enjoy a spacious living area on the upper level, providing privacy with no neighbors above or below. A rare 2-car direct access garage provides extra storage. Located just one building away from Mission Viejo Lake, enjoy swimming and boating. The open floor plan boasts high cathedral ceilings, recessed lighting, and large windows, leading to a long outdoor deck. The kitchen is beautifully remodeled, equipped with quartz countertops, a farmhouse sink, and a breakfast bar. The primary bedroom has a walk-in closet and a remodeled ensuite bathroom. Additional highlights include a second bedroom, a hall bathroom, and ample storage throughout. Experience resort-style living with a community pool, BBQ areas, and direct lake access, all within the acclaimed Capistrano Unified School District and conveniently near shopping and freeways. HOA dues cover water, trash, and exterior maintenance. A wonderful opportunity!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1978
- Lot Size
- 854,021 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $608.0 / Month
Neighborhood Insights
Mission Viejo Unified Schools
Castille Elementary School
Grades K-5 • 1.1 mi
Newhart Middle School
Grades 6-8 • 1.8 mi
Carl Hankey Middle School
Grades 6-8 • 3.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 44% |
| Baths | 2.0 | 3.0 | 33% |
| Square foot | 1,330 | 1,330 | 50% |
| Lot Size | 854,021 | 10,842 | 89% |
| Price | $870.0K | $830.0K | 78% |
| Price per sq ft | $654 | $639 | 56% |
| Built year | 1978 | 1990 | 11% |
| HOA | $608.0 | $435 | 89% |
| Days on market | 38 | 158 | 11% |
Pricing History
Listed for Sale
Jan 28, 2026
$870,000
Initial Listing
Sold
Dec 31, 1991
$187,000
Public Record