32026 Mill Stream Road, Trabuco Canyon, California 92679, Trabuco Canyon, 92679 - 4 bed, 3 bath
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32026 Mill Stream Road
Trabuco Canyon, California 92679
ACTIVE UNDER CONTRACT
CONDITION: GOOD
4Beds
3Baths
2,507Sq Ft
6,160Lot Size
Property Price
LIST PRICE$1,450,000
EST. MARKET VALUE
$1,513,818
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,450,000—positioned well below the $1,513,818 Fair Market Value by 4%. This valuation gap offers $63,818 in Instant Equity. With a Condition Rating of 3, the home features a remodeled granite kitchen, paid solar, and a resort-style backyard with a pool and spa. Located in the Saddleback Valley Unified district near top-rated schools, this property is an ideal fit for growing families or discerning owner-occupants seeking a move-in ready sanctuary.
Estimated Market Value
$1,513,818+$63,818 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Trabuco Canyon.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 32026 Mill Stream Road Subject | $1,450,000* List Price | 4 | 3 | 2,507 | $604 | - |
A 32056 Mill Stream Sold | $1,340,000 | 4 | 3 | 2,507 | $535 | 0.0 mi |
B 20892 Porter Ranch Sold | $1,375,000 | 4 | 3 | 2,439 | $564 | 0.6 mi |
C 21431 Silvertree Sold | $1,660,000 | 5 | 3 | 2,657 | $625 | 0.6 mi |
D 21122 Pennington Lane Sold | $1,280,000 | 5 | 3 | 2,289 | $559 | 0.4 mi |
E 31981 Lazy Glen Lane Sold | $1,189,000 | 3 | 3 | 1,678 | $709 | 0.3 mi |
F 32232 Fall River Sold | $1,597,000 | 5 | 5 | 2,613 | $611 | 0.2 mi |
G 31952 Mill Stream Sold | $1,400,000 | 4 | 3 | 1,970 | $711 | 0.1 mi |
H 20861 Porter Ranch Sold | $1,382,000 | 4 | 3 | 2,439 | $567 | 0.6 mi |
I 32055 Camino Del Cielo Active Under Contract | $1,499,000 List Price | 5 | 3 | 2,802 | $535 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1987 but extensively upgraded with a remodeled kitchen featuring granite countertops and stainless steel appliances. Major systems are in excellent shape with a newer HVAC, roof, replaced plumbing, and upgraded electrical panel. While the aesthetic reflects a slightly older renovation style (approx. 10-15 years), the home is meticulously maintained and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Infrastructure Upgrades
The property features significant high-value improvements including paid solar, a newer roof, replaced plumbing, and a modern HVAC system, offering buyers long-term peace of mind and energy efficiency.
- Resort-Style Backyard
The outdoor space is a private oasis equipped with an updated pool and spa, built-in BBQ, wrap-around patio, and mountain views, ideal for high-end entertaining.
- Premium Interior Finishes
The home showcases a remodeled granite kitchen, cathedral ceilings, and elegant wood flooring, creating a sophisticated and move-in-ready aesthetic.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- Compact Lot Size
With a lot size of 6,160 square feet, the outdoor area is largely occupied by the pool and hardscape, which may limit space for those seeking a traditional grassy yard.
- Bedroom Configuration
The fourth bedroom is currently an open office and the third is a large bonus room, which may require additional walls or modifications for buyers needing four distinct, private sleeping quarters.
About 32026 Mill Stream Road
Welcome to your own private retreat with this beautifully maintained 4 bedroom and 3 bathroom home that offers the perfect blend of comfort, style, and resort-style living. Featuring amazing upgrades including energy-efficient dual-pane windows, Plantation shutters, paid solar, newer HVAC system, replaced plumbing, newer roof, upgraded electrical panel, whole house fan and more. This home offers great curb appeal with its large and well manicured front yard with a split flagstone walkway, a welcoming covered porch and a beautiful front door with decorative beveled glass and side panels. Entering the home you will find cathedral ceilings and gorgeous wood flooring that leads you into the spacious living room and dining room with a glass sliding door and a relaxing outdoor fountain. The light and bright kitchen is remodeled with granite counter tops, wood cabinets, stainless steel appliances, a raised ceiling, kitchen nook area, unending windows and opens to the family room with surround sound speakers and a cozy fireplace. The downstairs office (optional 4th bedroom) includes double doors, wood flooring and plenty of storage/shelving. The beautiful spiral staircase leads you upstairs to the oversized primary bedroom with tall ceilings, a walk-in closet and a spacious primary bathroom with a granite wood vanity, dual sinks, relaxing bathtub and separate shower. The secondary bedrooms are spacious including the bonus room (third bedroom) that could be converted into two bedrooms. Step outside and enjoy your own backyard oasis featuring updated pool and spa equipment, pool umbrella, refreshed hardscape and tile, wrap-around covered patio, built-in bbq, ambient lighting, and plenty of space to relax or host friends and family. Enjoy all of Robinson Ranch's amenities including community pool/spa, tennis and pickleball courts, sport court and more! Lovingly cared for and extensively upgraded over the years, this is more than just a house, it's a home where quality, comfort, and luxury come together. (Click onto the 360 icon under the map to view the amazing drone video)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1987
- Lot Size
- 6,160 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $145.0 / Month
Neighborhood Insights
Trabuco Canyon Unified Schools
Robinson Elementary School
Grades K-6 • 0.3 mi
7/10
Trabuco Elementary School
Grades K-6 • 0.8 mi
0/10
Rancho Santa Margarita Intermediate School
Grades 7-8 • 1.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,507 | 2,341.684 |
| Lot Size | 6,160 | 5,814.421 |
| Price | $1.45M | $1.46M |
| Price per sq ft | $578 | $638 |
| Built year | 1987 | 1993 |
| HOA | $145.0 | $165 |
| Days on market | 29 | 65 |
Pricing History
Listed for Sale
Aug 11, 2026
$1,450,000
Initial Listing