28935 Paseo Theresa, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath

28935 Paseo Theresa, Mission Viejo, California 92692 home-pic-0

28935 Paseo Theresa

Mission Viejo, California 92692

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,278Sq Ft
76,183Lot Size

Property Price

LIST PRICE$825,000

SUMMARY

Analysis of 28935 Paseo Theresa, Mission Viejo, California 92692 is currently available with a list price of $825,000. 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

Good
TeardownExcellent

Property is move-in ready.

The property is in move-in ready condition with significant updates that elevate it above its 1996 build year. Key features include a remodeled kitchen with granite countertops and stainless steel appliances, updated bathrooms with newer cabinetry and granite, and modern vinyl wood flooring throughout. The inclusion of full PEX re-piping indicates excellent maintenance of major systems.

PROSSTRENGTHS & OPPORTUNITIES

  • Modernized Interior

    The home is move-in ready with a fully remodeled kitchen featuring granite countertops and stainless steel appliances, complemented by stylish vinyl wood flooring throughout.

  • Premier Community Amenities

    Residents benefit from an extensive resort-style lifestyle in the gated Palmia community, including an 18-hole putting green, sports courts, and exclusive Lake Mission Viejo membership.

  • Significant Infrastructure Upgrades

    The property features full PEX re-piping, addressing a common maintenance concern for homes of this era and providing long-term peace of mind for the buyer.

CONSRISKS & DEFICIENCIES

  • High Association Fees

    The monthly HOA fee of approximately $791 is relatively high, which may impact the overall affordability and monthly budget for some buyers.

  • Demographic Restrictions

    As a 55+ senior community, the property is restricted to a specific age demographic, naturally limiting the pool of potential future buyers and secondary market demand.

About 28935 Paseo Theresa

Welcome to resort-style living in the highly sought-after 55+ Palmia senior community. This beautifully maintained 2-bedroom, 2-bath condominium is truly move-in ready and offers comfort, style, and an exceptional active-adult lifestyle. The home features attractive vinyl wood flooring throughout and a remodeled kitchen with custom cabinetry, granite countertops, stainless steel appliances, a granite sink, and a charming breakfast nook. From the formal entry, you’ll find a guest bedroom and an updated hall bathroom. The inviting living room boasts vaulted ceilings, a cozy fireplace, plantation shutters, and direct access to the private back patio, perfectly positioned next to the formal dining area for easy entertaining. The spacious primary suite is located at the rear of the home for added privacy and includes plantation shutters and direct patio access. The updated primary bathroom features dual sinks with granite counters, newer cabinetry, a large walk-in shower, a separate water closet, and a generous walk-in closet. Additional highlights include full PEX re-piping and a highly desirable two-car driveway. Residents of Palmia enjoy an unparalleled array of amenities, including an 18-hole putting green, tennis, paddle tennis, pickleball, bocce courts, a fitness center, billiards room, elegant clubhouse, library, card room, numerous clubs, social events, and more. Ownership also includes membership to Lake Mission Viejo, offering boating, sandy beaches, and popular summer concerts. A wonderful opportunity to enjoy vibrant, active living in Mission Viejo’s premier gated communities.

Property Details

Public Facts

Property Type
Condominium
Year Built
1996
Lot Size
76,183 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$791.43 / Month

Neighborhood Insights

Mission Viejo Unified Schools

Melinda Heights Elementary School

Grades K-6 • 0.6 mi

8/10

Rancho Santa Margarita Intermediate School

Grades 7-8 • 2.1 mi

7/10

Trabuco Hills High School

Grades 9-12 • 1.5 mi

8/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,2781,365
34%
Lot Size76,18365,017
51%
Price$825.0K$868.0K
40%
Price per sq ft$646$610
66%
Built year19961987
80%
HOA$791.43$609
97%
Days on market10157
6%

Pricing History

Listed for Sale

Feb 25, 2026

$825,000

Initial Listing

Sold

Dec 8, 2020

$540,000

Public Record

Sold

Feb 26, 1996

$136,000

Public Record

Browse Properties by State Browse housing market trends by state