28404 Buena Vista, Mission Viejo, California 92692, Mission Viejo, 92692 - 3 bed, 3 bath
28404 Buena Vista
Mission Viejo, California 92692
Property Price
SUMMARY
Analysis of 28404 Buena Vista, Mission Viejo, California 92692 reveals a Prime Investment Opportunity with a current list price of $969,000—significantly undercutting the $1,004,653 Fair Market Value by 3%. This valuation gap indicates a +$35,653 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28404 Buena Vista Subject | $969,000* List Price | 3 | 3 | 1,740 | $577 | - |
A 23323 El Greco Sold | $960,000 | 3 | 2 | 1,607 | $597 | 0.2 mi |
B 28525 Barbosa Sold | $890,000 | 3 | 2 | 1,472 | $605 | 0.2 mi |
C 23232 El Greco Sold | $1,137,000 | 3 | 3 | 1,818 | $625 | 0.3 mi |
D 28455 Cano Sold | $960,000 | 3 | 2 | 1,503 | $639 | 0.3 mi |
E 28401 Alava Sold | $1,050,000 | 3 | 2 | 1,503 | $699 | 0.2 mi |
F 23582 Villena Sold | $1,050,000 | 3 | 2 | 1,472 | $713 | 0.4 mi |
G 23247 El Greco Pending | $1,039,000 List Price | 3 | 3 | 1,740 | $597 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and appears well-maintained with no immediate renovations required. While originally built in 1985, the home features significant updates including granite countertops, recessed lighting, and a functional loft with a full bathroom. The interior shows tasteful finishes and cathedral ceilings that align with a property that has been well-kept or partially renovated within the last 10 to 15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Hilltop Location
Situated on a corner lot at the end of a cul-de-sac, this hilltop residence offers exceptional privacy and stunning panoramic views of city lights and the surrounding neighborhood.
- Versatile Living Space
The 1,740 sqft floor plan features a primary suite with cathedral ceilings and a unique loft with a full bath, providing flexible options for a third bedroom, guest suite, or home office.
- Exceptional Outdoor Amenities
The property boasts rare outdoor features including a private patio and a spacious rooftop deck, significantly enhancing the entertainment potential and Southern California lifestyle appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Age-Restricted Community
As part of the Casta Del Sol 55+ community, the property is limited to a specific demographic, which narrows the potential buyer pool and may impact future resale liquidity.
- High Carrying Costs
The monthly association fee of $590 represents a significant recurring expense that may affect the overall affordability and debt-to-income ratios for prospective buyers.
About 28404 Buena Vista
Welcome to 28404 Buena Vista, a beautifully maintained condo nestled in the highly desirable 55+ community of Casta Del Sol, Mission Viejo. The corner location on the cul-de-sac street is at the hill top. This light-filled residence offers the perfect blend of comfort, convenience, and Southern California lifestyle. Step inside to discover an open and inviting floor plan with abundant natural light, spacious living areas, and tasteful finishes throughout. The kitchen features ample cabinetry, recessed lightings and granite counter space, flowing seamlessly into the dining and living areas—ideal for both everyday living and entertaining. The spacious living room is highlighted with a fireplace and access to the patio. The primary suite provides a peaceful retreat with its cathedral ceiling, generous closet space and a private bath. Upstairs leads to a loft equipped with a full bath, making it the perfect area for a guest bedroom or home office. The third bedroom is a loft, but can be easily converted to bedroom. The spacious rooftop deck gives many entertainment options. Located just minutes from shopping, dining, parks, and award-winning schools, this home also offers convenient access to major freeways and nearby recreation. Residents enjoy all the benefits of living in Mission Viejo, including proximity to beautiful Lake Mission Viejo and scenic hiking and biking trails. Whether you're a first-time buyer, downsizing, or seeking a smart investment opportunity, this home is a rare find. Don’t miss the opportunity to make this exceptional property your new home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1985
- Lot Size
- 3,478 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $590.0 / Month
Neighborhood Insights
Mission Viejo Unified Schools
Philip J. Reilly Elementary
Grades K-5 • 0.6 mi
Castille Elementary School
Grades K-5 • 1.5 mi
Newhart Middle School
Grades 6-8 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,740 | 1,859 | 45% |
| Lot Size | 3,478 | 4,950 | 26% |
| Price | $969.0K | $1.23M | 22% |
| Price per sq ft | $557 | $644 | 11% |
| Built year | 1985 | 1983 | 54% |
| HOA | $590.0 | $253 | 97% |
| Days on market | 5 | 149 | 1% |
Pricing History
Listed for Sale
Mar 2, 2026
$969,000
Initial Listing
Sold
May 5, 2015
$573,000
Public Record