28315 Alava, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 3 bath
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Mission Viejo, California 92692
This 55+ Community Residence is a Strong Value Opportunity, listed at $875,000—positioned well below the $884,379 Fair Market Value by 1%. This valuation gap offers $9,379 in Instant Equity. Featuring a main-floor primary suite and a rooftop deck, the home maintains a Condition Rating of 4, offering a functional layout with potential for cosmetic modernization. Residents enjoy exclusive access to Lake Mission Viejo and resort-style amenities. This is an ideal acquisition for Active Retirees or Owner-Occupants seeking a lifestyle-focused, single-level home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28315 Alava Subject | $875,000* List Price | 2 | 3 | 1,740 | $508 | - |
A 28406 Buena Vista Sold | $885,000 | 2 | 2 | 1,568 | $564 | 0.2 mi |
B 28373 Borgona Sold | $900,000 | 2 | 2 | 1,439 | $625 | 0.3 mi |
C 28404 Buena Vista Sold | $860,000 | 3 | 3 | 1,740 | $494 | 0.2 mi |
D 23247 Villena Sold | $1,040,000 | 2 | 3 | 1,818 | $572 | 0.2 mi |
E 28419 Alava Sold | $770,000 | 3 | 2 | 1,472 | $523 | 0.2 mi |
F 28043 Via Tirso Sold | $840,000 | 2 | 2 | 1,543 | $544 | 0.3 mi |
G 28037 Via Tirso Sold | $870,000 | 2 | 2 | 1,439 | $605 | 0.3 mi |
H 28402 Pacheco Sold | $845,000 | 2 | 2 | 1,503 | $562 | 0.3 mi |
I 28302 Alava Active | $1,075,000 List Price | 2 | 3 | 1,818 | $591 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, the property is 41 years old. While the primary ensuite bathroom has been modernly updated and the interior is freshly painted, the home remains dated with original 1980s features such as green carpeting and wood railings. It is well-maintained and functional, but requires further cosmetic updates to the flooring and likely the kitchen to meet modern standards.
The residence features a highly desirable main-floor primary suite with an updated ensuite, offering the convenience of single-level living which is a premium feature for the 55+ demographic.
A spacious upstairs loft with a full bathroom provides exceptional flexibility, easily serving as a third bedroom, guest suite, or home office to accommodate various lifestyle needs.
Residents benefit from a rich array of amenities including pools, pickleball courts, and exclusive Lake Mission Viejo membership, providing a vibrant and active resort-style lifestyle.
The monthly association fee of $590 represents a significant recurring carrying cost that may impact the overall affordability for some buyers within the 55+ community.
With a lot size of approximately 3,478 square feet, the property offers limited private outdoor yard space, which may be a drawback for those seeking traditional garden or lawn areas.
Welcome to this beautifully maintained home in one of Mission Viejo's most sought-after 55+ communities. Offering approximately 1,740 square feet of living space, this inviting residence features a highly desirable floor plan with a main-floor primary suite complete with an updated ensuite bathroom featuring a large walk-in shower, providing comfortable single-level living for everyday convenience. A second bedroom and bathroom on the main level offer additional flexibility for guests or hobbies. Freshly painted throughout, the interior offers a bright and welcoming atmosphere ready for its next owner to enjoy. Upstairs, a spacious loft with a full bathroom provides exceptional flexibility and can easily serve as a third bedroom, guest suite, home office, hobby room, or private retreat. One of the home's standout features is the rooftop deck located above the garage, offering the perfect setting to enjoy morning coffee or evening sunsets while taking advantage of Southern California's beautiful weather year-round. With its versatile layout and exceptional location within the community, this home presents a wonderful opportunity to enjoy the lifestyle and amenities that make Mission Viejo so desirable. Residents of Casta Del Sol enjoy beautifully maintained grounds, pools, spas, a fitness center, pickleball and tennis courts, a community vegetable garden, numerous clubs and social activities, and exclusive membership to Lake Mission Viejo, with access to boating, fishing, swimming, summer concerts, and a variety of community events. Conveniently located near shopping, dining, golf courses, parks, and walking trails, this home offers the perfect blend of comfort, convenience, and community living. Experience the comfort, convenience, and lifestyle that make Casta Del Sol such a special place to call home.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.5 mi
Grades 6-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,740 | 1,923 |
| Lot Size | 3,478 | 6,200 |
| Price | $875.0K | $1.35M |
| Price per sq ft | $503 | $686 |
| Built year | 1983 | 1976 |
| HOA | $590.0 | $163 |
| Days on market | 16 | 45 |
Jul 6, 2026
$875,000
Initial Listing
Nov 6, 2002
$366,000
Public Record