28873 Canyon Point, Trabuco Canyon, California 92679, Trabuco Canyon, 92679 - 2 bed, 2 bath
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Trabuco Canyon, California 92679
This Upper-Level Corner Condo is a Strong Value Opportunity, listed at $589,000—positioned well below the $638,517 Fair Market Value by 7%. This valuation gap offers $49,517 in Instant Equity for buyers. The property maintains a Condition Rating of 3, featuring vaulted ceilings, a versatile loft, and an updated kitchen with stone countertops and stainless appliances. Located in the Saddleback Valley Unified district near Portola Hills Elementary (Rating 8), the home includes a private deck and garage. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28873 Canyon Point Subject | $574,000* List Price | 2 | 2 | 979 | $602 | - |
A 28871 Canyon Point Sold | $560,000 | 2 | 2 | 873 | $641 | 0.0 mi |
B 29011 Canyon Ridge Drive 107 Sold | $615,000 | 2 | 2 | 908 | $677 | 0.1 mi |
C 29007 Canyon Ridge Drive 111 Sold | $655,000 | 2 | 2 | 1,061 | $617 | 0.1 mi |
D 19801 Meadow Ridge Dr 3 Sold | $500,000 | 2 | 2 | 816 | $613 | 1.0 mi |
E 28444 Boulder Drive Sold | $637,000 | 2 | 2 | 1,015 | $628 | 0.7 mi |
F 19801 Meadow Ridge Drive 35 Sold | $565,000 | 2 | 2 | 816 | $692 | 1.0 mi |
G 19801 Meadow Ridge 38 Active | $574,999 List Price | 2 | 2 | 816 | $705 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and shows pride of ownership. The kitchen has been tastefully updated with stainless steel appliances, stone countertops, and a modern tile backsplash. While the home was built in 1990, the interior features like the vaulted ceilings, neutral paint, and well-maintained flooring (tile and carpet) suggest it has been updated within the last 5-15 years. The bathrooms are clean and functional, and the overall condition meets the standards for a well-maintained, turnkey residence.
The spacious loft with vaulted ceilings offers excellent flexibility, serving as a functional home office or a potential third bedroom to maximize the home's utility.
As an upper-level corner unit, the property provides enhanced privacy, increased natural light, and the significant benefit of having no neighbors living above.
The inclusion of a private garage directly below the unit, in-unit laundry, and all major appliances provides a seamless move-in experience for new owners.
The monthly HOA fee of $575 represents a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
At 979 square feet, the living areas may feel somewhat constrained, particularly when trying to utilize the loft as an additional bedroom or accommodating larger furniture.
Corner unit, upper level, 2 bedroom / 2 bathroom condo located in the beautiful Canyon View West community in the Portola Hills area of Lake Forest. The entrance is on the second floor with a large front balcony. The ceilings are vaulted with a spacious loft that can be utilized as an office space or converted into a 3rd bedroom. The kitchen opens up to the living room with fireplace and dining room. In-unit laundry closet. Refrigerator, washer and dryer are included! Primary bedroom has an en-suite bathroom with dual vanity and the second bedroom also has a full bathroom next door. 1-car garage is located directly below with plenty of additional parking in the community. Amenities include a swimming pool and spa and playground. Conveniently located next to parks, shopping centers, schools, and freeways.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 5.5 mi
Grades 9-12 • 5.0 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 | 979 | 1,061 | 39% |
| Lot Size | - | 20,582 | 35% |
| Price | $574.0K | $645.0K | 22% |
| Price per sq ft | $586 | $620 | 26% |
| Built year | 1990 | 1991 | 43% |
| HOA | $575.0 | $375 | 78% |
| Days on market | 35 | 167 | 4% |
Apr 14, 2026
$574,000
$589,000
-3% Price Drop
Initial Listing
Mar 18, 2026
$589,000
Initial Listing
May 26, 1994
$119,000
Public Record