28919 28919 Paseo Theresa, Mission Viejo, California 92692, Mission Viejo, 92692 - 3 bed, 2 bath
28919 28919 Paseo Theresa
Mission Viejo, California 92692
Property Price
SUMMARY
Analysis of 28919 28919 Paseo Theresa, Mission Viejo, California 92692 is currently available with a list price of $889,500. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and has been extensively updated despite its 1994 build date. Key improvements include modern vinyl plank flooring throughout, granite countertops in the kitchen and bathrooms, and plantation shutters. Significant maintenance is addressed with a full re-piping, and the kitchen features refaced cabinets and newer stainless appliances, placing it firmly in the 'good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Premium End-Unit Location
Positioned as an end unit that backs and sides to a lush greenbelt, this home offers exceptional privacy and tranquil park-like views rarely found in condominium living.
- Extensive Interior Upgrades
The property features high-quality finishes including vinyl plank flooring, granite countertops, and plantation shutters, along with the significant technical benefit of being fully re-piped.
- Single-Story Accessibility
This desirable single-level floor plan provides seamless flow and long-term accessibility, complemented by a spacious master suite and a private, oversized rear patio.
CONSRISKS & DEFICIENCIES
- Pricing Volatility
The listing has undergone several price reductions since its initial debut at $950,000, which may suggest previous overvaluation or a struggle to find its market footing.
- HOA Constraints
As a condominium within a planned development, owners are subject to monthly association fees and community regulations that may limit individual autonomy compared to a detached residence.
About 28919 28919 Paseo Theresa
This great 3-bedroom, 2 bath single story home is located near the pool (not too close) and backs and sides to the greenbelt. The condo has been nicely upgraded with vinyl plank flooring throughout, plantation shutters throughout, granite counter tops throughout, property has been re-piped, fireplace in the living room, and a kitchen with refaced kitchen cabinets, granite covered island, newer gas range & oven, and kitchen nook overlooking the greenbelt. Several rooms have crown molding, an inside laundry room with cabinets and a sink, recessed lighting, and several ceiling fans. The master bedroom is large with two mirrored wardrobes, a vanity with dual sinks & granite, a walk-in shower, and a private toilet closet, and a slider to the rear patio. The rear patio is spacious and private due to being an end unit. Amenities include clubhouse, pools, spa, putting course, tennis, and activities. Easy to show and priced to sell.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1994
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $350.66 / Month
Neighborhood Insights
Mission Viejo Unified Schools
Melinda Heights Elementary School
Grades K-6 • 0.6 mi
Rancho Santa Margarita Intermediate School
Grades 7-8 • 2.2 mi
Trabuco Hills High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 80% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,695 | 1,369 | 89% |
| Lot Size | - | 61,502 | 34% |
| Price | $889.5K | $875.0K | 51% |
| Price per sq ft | $525 | $606 | 11% |
| Built year | 1994 | 1987 | 69% |
| HOA | $350.66 | $569 | 17% |
| Days on market | 103 | 157 | 17% |
Pricing History
Listed for Sale
Jan 28, 2026
$889,500
$899,900
-1% Price Drop
Initial Listing
Price Change
Jan 6, 2026
$899,900
$925,000
-3% Price Drop
Initial Listing
Price Change
Dec 17, 2025
$925,000
$950,000
-3% Price Drop
Initial Listing
Price Change
Nov 24, 2025
$950,000
Initial Listing
Sold
Nov 4, 2009
$505,000
Public Record
Sold
Aug 10, 1999
$294,000
Public Record
Sold
Feb 23, 1995
$163,500
Public Record