28041 Chapulin, Mission Viejo, California 92692, Mission Viejo, 92692 - 5 bed, 3 bath
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Mission Viejo, California 92692
This Meticulously Maintained View Home is a High-Potential Investment Opportunity, listed at $1,400,000—positioned well below the $1,592,660 Fair Market Value by 12%. This valuation gap provides $192,660 in Instant Equity. Boasting a Move-In Ready Condition Rating, the residence features panoramic city light views, a private pool, and updated PEX plumbing. Located in the prestigious Capistrano Unified School District near Philip J. Reilly Elementary, it offers a rare blend of immediate equity and lifestyle luxury. This is an ideal acquisition for Owner-Occupants or Move-Up Buyers seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28041 Chapulin Subject | $1,400,000* List Price | 5 | 3 | 2,400 | $660 | - |
A 24692 Tabuenca Sold | $1,225,000 | 4 | 3 | 1,936 | $633 | 0.5 mi |
B 27881 Abadejo Sold | $1,560,000 | 5 | 3 | 2,143 | $728 | 0.2 mi |
C 27951 Faroles Sold | $1,528,000 | 4 | 3 | 2,269 | $673 | 0.2 mi |
D 27782 Abadejo Sold | $1,408,000 | 3 | 3 | 1,926 | $731 | 0.3 mi |
E 27701 Pasatiempo Sold | $1,460,000 | 4 | 3 | 2,090 | $699 | 0.8 mi |
F 24362 Via Santa Clara Sold | $1,650,000 | 4 | 4 | 2,478 | $666 | 0.6 mi |
G 24132 Via Santa Clara Active | $1,749,000 List Price | 4 | 3 | 2,325 | $752 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows signs of meticulous maintenance. While the architectural style and oak cabinetry reflect its 1977 origin, the home features important updates including granite countertops, stainless steel kitchen appliances, and modern PEX plumbing. The interior is clean with functional systems and well-kept flooring, fitting the criteria for a well-maintained home that does not require immediate renovation.
The property boasts exceptional west-facing panoramic views of city lights and hills from both the backyard and the upstairs balcony, complemented by a private pool and garden area.
Situated on a desirable single-loaded street in the New Castille tract, the home offers superior privacy with no neighbors directly across the street and a very private rear yard.
The home features significant infrastructure and interior updates, including modern PEX plumbing, updated granite countertops, and high cathedral ceilings that maximize natural light.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2400, other record living area = 2269. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
While marketed as a five-bedroom home, the layout functions more as a four-bedroom plus an open loft, which may not meet the needs of buyers requiring five fully enclosed rooms.
Built in 1977, the property may require additional cosmetic modernization to align with contemporary luxury trends, despite the owner's meticulous maintenance.
Excellent opportunity to buy in this desirable New Castile Tract in Mission Viejo. This view home has a lot to offer with nice views from the entertaining backyard and upstairs balcony. Entry to this lovely home has an open living room area with high Cathedral ceilings and a large fireplace that gets amazing afternoon sunlight from large windows with views. The family room off of the kitchen also has a fireplace for a warm and cozy great room feel. All bedrooms are upstairs and most also have beautiful west-facing views. The kitchen has updated granite countertops, pull-outs in cabinets, and is open to the family room with a full-size dining room adjacent. While the original floor plan shows a four-bedroom home, it is set up more as a four-bedroom plus upstairs loft - which could be an additional bedroom. The owner was meticulous with maintenance, and the home has updated PEX plumbing. The side yard/garden and beautiful pool area are additional bonuses. The street is single-loaded with no homes across the street, and the backyard is very private.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 85% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,400 | 1,834 | 72% |
| Lot Size | 7,400 | 4,985 | 86% |
| Price | $1.40M | $1.25M | 62% |
| Price per sq ft | $583 | $650 | 15% |
| Built year | 1977 | 1984 | 26% |
| HOA | $91.0 | $262 | 10% |
| Days on market | 32 | 135 | 2% |
Mar 21, 2026
$1,400,000
Initial Listing
Jul 27, 2011
$610,000
Public Record
Jun 24, 2010
$670,000
Public Record