28938 Paseo Caravella, Mission Viejo, California 92692, Mission Viejo, 92692 - 3 bed, 2 bath

28938 Paseo Caravella, Mission Viejo, California 92692 home-pic-0
ACTIVE$959,900
28938 Paseo Caravella, Mission Viejo, California 92692
3Beds
2Baths
1,695Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
55+ Guard-Gated Community: Located in the highly desirable, secure, and amenity-rich 55+ Guard Gated community of Palmia, offering a tailored lifestyle for its residents.
Top Cons:
Age-Restricted Community: The 55+ age restriction significantly narrows the potential buyer demographic, potentially impacting market demand and resale value.

Compared to the nearby listings

Price:$959.9K vs avg $847.5K (+$112,400)76%
Size:1,695 sqft vs avg 1,369 sqft87%
Price/sqft:$566 vs avg $60622%

More Insights

Built in 1998 (27 years old).
Condition: The property, built in 1998 (26 years old), is very well-maintained and clean, with functional systems including recent re-piping. However, the kitchen features light wood cabinets, white appliances, and laminate/solid surface countertops, which are aesthetically dated. Similarly, the bathrooms have light wood vanities, white countertops, and strip lighting, reflecting a style from the late 90s/early 2000s. While the hard surface/tile flooring and recessed lighting are positives, the overall style of the kitchen and bathrooms indicates they are original or were renovated 15-25 years ago, requiring minor updates to meet current aesthetic standards.
Year Built
1998
Close
-
List price
$960K
Original List price
$1.05M
Price/Sqft
$566
HOA
$740
Days on market
-
Sold On
-
MLS number
PW25165380
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Beautiful 3 Bedroom, 2 Bath, Single-level End Unit home with a much sought after Full-sized, 2-car Driveway located in the very desirable 55+ Guard Gated community of Palmia in Mission Viejo. A wall in the third bedroom was removed, opening it to the spacious Kitchen. The door to the room from the hallway, as well as the closet, remains in place. The room could easily be converted back to a private bedroom or continue to be used as a TV room or dining area. This home features plenty of natural light with shutters and blinds throughout. The expansive Eat-in Kitchen features a gas range & convenient Island. The Primary Bedroom includes a ceiling fan and access to the large outdoor space via a sliding glass door. The Primary Bath features dual sinks and a walk-in shower with no step. Other features include a fireplace in Living Room, high ceilings, hard surface/tile flooring and recessed lighting throughout. The separate inside laundry room includes plenty of cabinets and a utility sink. The 2-car garage can be accessed directly from inside the home. The home has been re-piped and has no Mello-Roos. The Association clubhouse and amenities includes 2 pools, spa, putting course, tennis, activities, cable service and more.

Nearby schools

8/10
Melinda Heights Elementary School
Public,K-60.6mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-82.2mi
8/10
Trabuco Hills High School
Public,9-121.5mi
Condition Rating
Fair

The property, built in 1998 (26 years old), is very well-maintained and clean, with functional systems including recent re-piping. However, the kitchen features light wood cabinets, white appliances, and laminate/solid surface countertops, which are aesthetically dated. Similarly, the bathrooms have light wood vanities, white countertops, and strip lighting, reflecting a style from the late 90s/early 2000s. While the hard surface/tile flooring and recessed lighting are positives, the overall style of the kitchen and bathrooms indicates they are original or were renovated 15-25 years ago, requiring minor updates to meet current aesthetic standards.
Pros & Cons

Pros

55+ Guard-Gated Community: Located in the highly desirable, secure, and amenity-rich 55+ Guard Gated community of Palmia, offering a tailored lifestyle for its residents.
Single-Level & Accessible Design: As a single-level end unit, it provides ease of access, complemented by a primary bath featuring dual sinks and a no-step walk-in shower, ideal for comfortable living.
Extensive Community Amenities: Residents benefit from a comprehensive suite of association amenities including two pools, a spa, putting course, tennis courts, and various activities, enhancing the quality of life.
Practical Upgrades & Features: The home boasts significant practical advantages such as being re-piped, having no Mello-Roos, a full-sized 2-car driveway, direct garage access, and a dedicated inside laundry room with cabinets and a utility sink.
Flexible Floor Plan: The third bedroom's modified layout, with a removed wall, offers versatility for use as a TV room, dining area, or can be easily converted back to a private bedroom.

Cons

Age-Restricted Community: The 55+ age restriction significantly narrows the potential buyer demographic, potentially impacting market demand and resale value.
High Monthly Association Fees: The substantial $740.0 monthly association fee adds a considerable recurring cost to homeownership, which may deter some buyers.
Non-Traditional Third Bedroom Configuration: The third bedroom's wall has been removed, creating an open space that may require additional investment or modification for buyers desiring a private, enclosed third bedroom.

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