
Mission Viejo, California 92692
This Turnkey Single-Story Home is a Prime Investment Opportunity, listed at $1,075,000—positioned well below the $1,103,435 Fair Market Value by 2%. This valuation gap offers $28,435 in Instant Equity. Boasting an Excellent Condition Rating with 2026 upgrades, the property features a new deck, mountain views, and exclusive Lake Mission Viejo access. Located in the Saddleback Valley Unified district with top-rated schools, this residence is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28802 Tomelloso Subject 3 bd · 2 ba · 1,268 sqft · $870 | $1,075,000* List Price | 3 | 2 | 1,268 | $870 | - |
A 21776 Lanar Sold 3 bd · 2 ba · 1,561 sqft · $762 · 0.1 mi | $1,190,000 | 3 | 2 | 1,561 | $762 | 0.1 mi |
B 21195 Whitebark Sold 3 bd · 2 ba · 1,512 sqft · $919 · 1.0 mi | $1,390,000 | 3 | 2 | 1,512 | $919 | 1.0 mi |
C 21262 Limber Sold 3 bd · 3 ba · 1,752 sqft · $696 · 0.8 mi | $1,220,000 | 3 | 3 | 1,752 | $696 | 0.8 mi |
D 21249 Cancun Sold 2 bd · 2 ba · 1,200 sqft · $803 · 0.7 mi | $964,000 | 2 | 2 | 1,200 | $803 | 0.7 mi |
E 21432 Bastia Sold 2 bd · 2 ba · 1,701 sqft · $705 · 0.4 mi | $1,200,000 | 2 | 2 | 1,701 | $705 | 0.4 mi |
F 22071 Teresa Pending 3 bd · 2 ba · 1,764 sqft · $736 · 0.5 mi | $1,299,000 List Price | 3 | 2 | 1,764 | $736 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is in turnkey, mint condition following extensive recent renovations. Key updates include a remodeled kitchen and bathrooms, new windows and doors (2026), a new HVAC system (2018), and a new water heater (2021). The interior features modern upgraded flooring and fresh finishes, requiring no immediate maintenance.
The property boasts significant recent capital improvements, including new windows and doors (2026), a new deck (2025), and updated HVAC and appliances, offering buyers a move-in-ready experience with minimal immediate maintenance.
Located within walking distance to Lake Mission Viejo, the home provides exclusive access to premium amenities such as private beaches, boating, fishing, and seasonal concerts, significantly enhancing its recreational value.
The rare single-level floor plan combined with mountain and city light views appeals to a broad demographic, from first-time buyers to those looking to downsize without sacrificing aesthetic appeal.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5486, other record lot size in square feet = 5000.
At approximately 1,268 square feet for a three-bedroom home, the interior living spaces may feel constrained for larger families or those requiring expansive common areas.
The 5,486 square foot lot is relatively modest for a single-family residence in this price bracket, which may limit outdoor privacy or future expansion possibilities.
SINGLE STORY VIEW HOME!!! This charming, turnkey, one-story, view property offers 3-bedrooms and 2-bathrooms nestled in the desirable Montiel community of Mission Viejo. Offering approximately 1,300 square feet of living space on a large lot; this inviting residence presents an excellent opportunity to enjoy the quintessential Southern California lifestyle in a highly sought-after community. The thoughtfully designed single-level floor plan offers a beautifully upgraded kitchen, remodeled bathrooms, and convenient interior laundry room. The upgraded flooring throughout flows beautifully throughout the home. All new windows and doors in 2026. New HVAC in 2018. Brand new deck in 2025. New Disposal in 2026. New dishwasher in 2025. New water heater in 2021. New rain gutters in 2021. This incredible home creates a functional layout for everyday living and entertaining. The private backyard includes Views and creates a wonderful space to relax, dine outdoors, garden, or enjoy the beautiful year-round Southern California weather. Another wonderful advantage is access to Lake Mission Viejo (short walking distance), offering residents the opportunity to enjoy the community's renowned private lake lifestyle, including beaches, swimming, boating, fishing, picnicking, recreational activities, concerts, fireworks and so much more. Ideally located near Melinda and Flo-Jo parks, shopping, dining, award winning schools, and of course Lake Mission Viejo. 28802 Tomelloso offers the perfect combination of comfort, convenience, and access to Mission Viejo's most coveted amenities. An exceptional opportunity to own a Turnkey, single level, view home with Lake Mission Viejo access. Enjoy all that this vibrant home and community has to offer. Close to award winning schools, world-class shopping, dining, and world-famous So-Cal beaches. Hurry this won't last long!
No exterior & parking available.
Grades K-6 • 0.8 mi
Grades 7-8 • 2.3 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.7 |
| Square foot | 1,268 | 1,986.183 |
| Lot Size | 5,486 | 5,984.226 |
| Price | $1.07M | $1.36M |
| Price per sq ft | $848 | $682 |
| Built year | 1979 | 1977 |
| HOA | $33.0 | $213 |
| Days on market | 13 | 49 |
Oct 12, 2026
$1,075,000
Initial Listing