27882 Finisterra 117, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath

27882 Finisterra 117, Mission Viejo, California 92692 home-pic-0
ACTIVE$875,000
27882 Finisterra 117, Mission Viejo, California 92692
2Beds
2Baths
1,330Sqft
854,021Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Recent Remodel: The property has undergone a comprehensive remodel this year, including new paint, flooring, kitchen, bathrooms, cabinets, and fixtures, offering a modern, move-in ready condition.
Top Cons:
High Monthly HOA Dues: The association fee of $608 per month is substantial and adds a significant ongoing cost to homeownership, potentially impacting affordability for some buyers.

Compared to the nearby listings

Price:$875.0K vs avg $840.0K (+$35,000)58%
Size:1,330 sqft vs avg 1,341 sqft50%
Price/sqft:$658 vs avg $61367%

More Insights

Built in 1978 (47 years old).
Condition: This property has undergone a comprehensive and extensive remodel 'this year,' bringing it to a virtually new condition. The kitchen and bathrooms feature modern quartz countertops, new white oak cabinets, and upscale tiled showers, along with new stainless steel appliances (excluding the refrigerator). New wide laminate flooring, fresh paint, updated electrical outlets/switches, and new internal doors/fixtures throughout further solidify its excellent state, meeting current quality standards with minimal physical depreciation. The only minor detractor is the older white refrigerator and the lack of explicit mention of an AC system, but these do not outweigh the extensive recent renovation.
Year Built
1978
Close
-
List price
$875K
Original List price
$935K
Price/Sqft
$658
HOA
$608
Days on market
-
Sold On
-
MLS number
OC25174473
Home ConditionExcellent
Features
Deck
Patio
ViewNeighborhood

About this home

BEAUTIFUL 2-STORY TOWNHOUSE, 2 BEDROOM PLUS AN OFFICE, NEWLY REMODELED THIS YEAR, LIVING SPACE ALL ON ONE LEVEL, NO ONE ABOVE OR BELOW, RARE 2-CAR DIRECT ACCESS GARAGE WITH ADDITIONAL STORAGE SPACE, AND ONLY ONE BUILDING AWAY FROM MISSION VIEJO LAKE WITH SWIMMING BEACH AND BOAT DOCK! Open floor plan with high cathedral ceilings, recessed lighting, large windows, and a long, wide outdoor deck with sliding glass doors to living room and primary bedroom. Home is newly painted white with warm green undertones and has luxurious wide Laminate plank waterproof flooring throughout. Living room with fireplace and new white oak cabinets and shelves is open to dining room with recessed lighting and has open doorway to a separate office with windows on two sides that can be used as a guest bedroom. This is the only model that has a separate office! Beautifully and newly remodeled kitchen with breakfast bar, recessed lighting, quartz countertops, white oak cabinets and shelves, farmhouse sink, stainless steel dishwasher and gas range with vented exhaust hood, is open to kitchen dining area that has a laundry closet with more white oak cabinets, and a sliding glass door to atrium. Off the living room is the spacious primary bedroom with walk-in closet and newly remodeled primary bathroom with quartz countertop and white-oak cabinets on the vanity, and bathtub with upscale tiled shower. At the end of the hall are ceiling-to-floor new white oak cabinets, a second bedroom with recessed lighting and sliding glass door to the atrium, and hall bathroom also newly remodeled with quartz countertop and white-oak cabinets on the vanity, and bathtub with upscale tiled shower. Switches and outlets are new everywhere but garage, all internal doors and doorknobs, faucets and towel racks are new, and window blinds in office and stairs are new. Lots of storage space in the many cabinets and in garage. Resort-style community with pool, outdoor barbeques, seating and picnic tables, and direct lake access for swimming, paddleboarding and more! Located in highly acclaimed Capistrano Unified School District! Conveniently located near shopping, entertainment, and 5 and 241 freeways. Water, trash and exterior maintenance included in HOA dues. A wonderful opportunity!

Nearby schools

7/10
Castille Elementary School
Public,K-51.1mi
7/10
Newhart Middle School
Public,6-81.8mi
8/10
Carl Hankey Middle School
Public,6-83.9mi
7/10
Capistrano Valley High School
Public,9-126.0mi
Condition Rating
Excellent

This property has undergone a comprehensive and extensive remodel 'this year,' bringing it to a virtually new condition. The kitchen and bathrooms feature modern quartz countertops, new white oak cabinets, and upscale tiled showers, along with new stainless steel appliances (excluding the refrigerator). New wide laminate flooring, fresh paint, updated electrical outlets/switches, and new internal doors/fixtures throughout further solidify its excellent state, meeting current quality standards with minimal physical depreciation. The only minor detractor is the older white refrigerator and the lack of explicit mention of an AC system, but these do not outweigh the extensive recent renovation.
Pros & Cons

Pros

Extensive Recent Remodel: The property has undergone a comprehensive remodel this year, including new paint, flooring, kitchen, bathrooms, cabinets, and fixtures, offering a modern, move-in ready condition.
Direct Lake Access & Resort-Style Amenities: Located just one building away from Mission Viejo Lake with a swimming beach and boat dock, and part of a community offering a pool, BBQs, and picnic areas, providing an exceptional lifestyle.
Unique & Functional Layout: Features a 2-bedroom plus office configuration, all living space on one level with no one above or below, and a rare 2-car direct access garage with additional storage, enhancing privacy and convenience.
High Ceilings & Bright Interiors: The open floor plan boasts high cathedral ceilings, recessed lighting, large windows, and a wide outdoor deck, creating a spacious and light-filled living environment.
Desirable Location & School District: Situated in the highly acclaimed Capistrano Unified School District and conveniently located near shopping, entertainment, and major freeways (5 and 241).

Cons

High Monthly HOA Dues: The association fee of $608 per month is substantial and adds a significant ongoing cost to homeownership, potentially impacting affordability for some buyers.
Lack of Explicit Cooling System: The detailed remodel description does not mention the installation or presence of an air conditioning system, which could be a notable drawback in Southern California's climate, especially for a 1978 build.
Price Reduction History: The property has experienced multiple price reductions since its initial listing, suggesting it may have been initially overpriced or is struggling to attract buyers at its current price point, potentially indicating market resistance.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state