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3552 Ivy Way, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 3 bed, 3 bath

3552 Ivy Way, Rancho Mission Viejo, California 92694 home-pic-0
ACTIVE$1,300,000$1,763/sqft
Est. Value: $1,238,103
-4%
AboveEstimate
3552 Ivy Way, Rancho Mission Viejo, California 92694
3Beds
3Baths
1,763Sqft
2,332Lot

Price Vs. Estimate

The estimated value ($1,238,102.95) is $61,897.05 (4%) lower than the list price ($1,300,000). This property may be overpriced.

Key pros and cons

Top Pros:
Brand New & Upgraded: The home is brand new (2022) with meticulously crafted upgrades, new flooring, and ceiling lights, offering a move-in ready, modern living experience.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2332, living area = 1763.

Compared to the nearby listings

Price:$1.30M vs avg $1.43M ($-126,578)40%
Size:1,763 sqft vs avg 2,222 sqft20%
Price/sqft:$737 vs avg $63984%

More Insights

Built in 2022 (4 years old).
Condition: This property was built in 2022, making it virtually brand new. The listing explicitly states 'meticulously crafted upgrades,' 'newly installed flooring and ceiling lights,' and features a 'gourmet kitchen' with stainless steel appliances, quartz countertops, and a walk-in pantry. Images confirm modern, high-quality finishes throughout the kitchen and bathrooms, including white shaker cabinets, contemporary fixtures, and pristine surfaces. All major systems, including cooling, heating, and water heater, are Energy Star-rated and new, along with solar panels. There is no deferred maintenance, and all components meet current quality standards, aligning perfectly with the 'Excellent' criteria.
Year Built
2022
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$737
HOA
$306
Days on market
-
Sold On
-
MLS number
OC26004604
Home ConditionExcellent
Features
Good View: Neighborhood
Patio
ViewNeighborhood

About this home

Introducing an exquisite two-story luxury residence nestled in the prestigious master-planned community of Rancho Mission Viejo, Evolve at Rienda. This brand new home embodies opulence with its meticulously crafted upgrades and attention to detail. Step inside to discover newly installed flooring and ceiling lights, illuminating every corner with elegance. The main living area boasts an open-concept design, seamlessly integrating the kitchen, living, and dining spaces. Entertain effortlessly in the gourmet kitchen featuring stainless steel appliances, a walk-in pantry, and a dazzling quartz countertop island. Natural light floods the space through expansive windows, enhancing the ambiance of every gathering. Ascend to the second level, where a spacious loft awaits, offering versatility as an additional bedroom, home office, or playroom. Two guest bedrooms, each adorned with walk-in closets, provide comfort and style for family and guests alike. The primary bedroom suite exudes luxury, showcasing an expansive closet and a lavish primary bath, creating a private sanctuary for relaxation. Step outside to your own private oasis, where meticulously landscaped backyard spaces await, perfect for hosting elegant soirées or intimate gatherings under the stars. This home is not only a symbol of luxury but also a beacon of sustainability, boasting Energy Star-rated appliances, windows, cooling and heating systems, a tankless water heater, and solar panels. Residents of Rancho Mission Viejo enjoy unparalleled amenities, including a state-of-the-art fitness center, heated lap pool, lagoon-style pool at Ranch Camp in Rienda, the BRAND NEW Boulder Pond and playground steps from the home and the prestigious Hilltop Club featuring an arcade, bar, and world-class gym. With two farms, numerous parks, hiking and biking trails, and four additional pools, every day offers a new adventure. The Sports Park offers breathtaking views, tennis and pickleball courts, baseball fields, and a soccer field, ensuring endless opportunities for outdoor recreation. Indulge in luxury living amidst the breathtaking landscapes of Rancho Mission Viejo. Experience the epitome of sophistication and comfort in this exclusive enclave.

R
Roy Fenn
Listing Agent

Price History

Date
Event
Price
10/14/22
Sold
$1,093,500
Condition Rating
Excellent
This property was built in 2022, making it virtually brand new. The listing explicitly states 'meticulously crafted upgrades,' 'newly installed flooring and ceiling lights,' and features a 'gourmet kitchen' with stainless steel appliances, quartz countertops, and a walk-in pantry. Images confirm modern, high-quality finishes throughout the kitchen and bathrooms, including white shaker cabinets, contemporary fixtures, and pristine surfaces. All major systems, including cooling, heating, and water heater, are Energy Star-rated and new, along with solar panels. There is no deferred maintenance, and all components meet current quality standards, aligning perfectly with the 'Excellent' criteria.
Pros & Cons

Pros

Brand New & Upgraded: The home is brand new (2022) with meticulously crafted upgrades, new flooring, and ceiling lights, offering a move-in ready, modern living experience.
Exceptional Community Amenities: Residents gain access to unparalleled amenities within Rancho Mission Viejo, including multiple pools, fitness centers, parks, trails, and sports facilities, significantly enhancing lifestyle.
High Energy Efficiency: Equipped with Energy Star appliances, windows, cooling/heating systems, a tankless water heater, and solar panels, ensuring lower utility costs and environmental benefits.
Modern Open-Concept Design: Features a seamless open-concept layout for the main living areas and a versatile loft, catering to contemporary living and flexible space utilization.
Gourmet Kitchen: A well-appointed gourmet kitchen with stainless steel appliances, a walk-in pantry, and a dazzling quartz countertop island, ideal for entertaining and daily use.

Cons

Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2332, living area = 1763.
Significant Association Fees: A monthly association fee of $306 adds a substantial recurring cost to homeownership, which buyers must factor into their budget.
Compact Lot Size: The lot size of 2,332 sqft is relatively small for a single-family luxury residence, potentially limiting extensive outdoor space and privacy.
Likely Mello-Roos Taxes: As is common with master-planned communities in California, the property is highly likely subject to Mello-Roos taxes, increasing the overall cost of ownership beyond standard property taxes.
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