
Trabuco Canyon, California 92679
This Spacious Corner-Unit Condominium in the Bella Palermo community is listed at $689,900, representing a stable entry into the Trabuco Canyon market relative to its $651,508 Fair Market Value. Boasting the largest two-bedroom floor plan and a Condition Rating of 4, the home is move-in ready with a rare attached two-car garage. Proximity to the Rating 8 Portola Hills Elementary School, Serrano Intermediate, and El Toro High ensures a premium lifestyle within the Saddleback Valley Unified district. This property is an ideal match for Owner-Occupants or first-time buyers seeking a polished suburban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28501 Salerno Drive Subject | $689,900* List Price | 2 | 2 | 1,083 | $602 | - |
A 28476 Sassetta Way Sold | $690,000 | 2 | 3 | 1,105 | $624 | 0.1 mi |
B 19613 Orviento Drive Sold | $680,000 | 2 | 2 | 940 | $723 | 0.0 mi |
C 19415 Cascade Sold | $774,900 | 3 | 3 | 1,256 | $617 | 0.2 mi |
D 29007 Canyon Ridge Drive 111 Sold | $655,000 | 2 | 2 | 1,061 | $617 | 0.8 mi |
E 19801 Meadow Ridge Drive 35 Sold | $565,000 | 2 | 2 | 816 | $692 | 0.7 mi |
F 19801 Meadow Ridge Drive 24 Sold | $550,000 | 2 | 2 | 816 | $674 | 0.7 mi |
G 28873 Canyon Point Active | $589,000 List Price | 2 | 2 | 979 | $602 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this property is well-maintained and move-in ready but remains largely in its original state. The kitchen and bathrooms feature dated white tile countertops and older white appliances consistent with the construction year. While the living areas have been updated with modern wood-look flooring, the lack of a full contemporary renovation to the primary wet areas and the 25+ year age of the structure align with the fair condition criteria.
As a corner end-unit featuring the largest two-bedroom floor plan in the community, this home offers enhanced privacy and an abundance of natural light compared to standard interior units.
The rare inclusion of an attached two-car garage with a private first-level entry provides significant convenience, security, and additional storage, which is a premium feature for condominium living.
Situated within walking distance to the highly-rated Portola Hills Elementary and minutes from Foothill Ranch Towne Center, the property offers excellent lifestyle convenience and strong long-term value.
The second-level living arrangement requires navigating stairs from the entry, which may be a drawback for buyers seeking single-level accessibility or those with mobility concerns.
The $400 monthly association fee adds a significant recurring cost to the ownership budget, which may impact the overall affordability for some prospective buyers.
Beautiful 2-bedroom, 2-bath corner unit in the desirable Bella Palermo community. This home features the largest 2-bedroom floor plan with a bright, open living space. The second-level end unit offers a private first-level entry and an attached 2-car garage. Enjoy a cozy fireplace, a separate formal dining area, and a private patio. The home also includes in-unit laundry with a full-size washer and dryer. Community amenities include a pool, spa, clubhouse, gym, and playground. Conveniently located near Portola Hills Elementary School and Foothill Ranch Towne Center, with shopping, dining, and entertainment just minutes away.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades 7-8 • 4.8 mi
Grades 9-12 • 4.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,083 | 1,080 | 52% |
| Lot Size | 46,072 | 20,965 | 61% |
| Price | $689.9K | $655.0K | 65% |
| Price per sq ft | $637 | $624 | 57% |
| Built year | 1999 | 1993 | 91% |
| HOA | $400.0 | $375 | 70% |
| Days on market | 43 | 167 | 4% |
Mar 10, 2026
$689,900
Initial Listing
Dec 12, 2017
$450,000
Public Record
Feb 18, 1999
$148,000
Public Record