402 Corral Court, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 2 bed, 3 bath

402 Corral Court, Rancho Mission Viejo, California 92694 home-pic-0

402 Corral Court

Rancho Mission Viejo, California 92694

ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
2Beds
3Baths
1,615Sq Ft
2,469Lot Size

Property Price

LIST PRICE$899,000

SUMMARY

Analysis of 402 Corral Court, Rancho Mission Viejo, California 92694 is currently available with a list price of $899,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho 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

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2022, this property is virtually new and features high-end contemporary finishes including quartz countertops, luxury vinyl plank flooring, and stainless steel appliances. The home is highly upgraded with energy-efficient systems, fully paid-off solar panels, and smart home technology, showing no signs of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Energy Efficiency & Modern Upgrades

    Built in 2022, this home features fully paid-off solar panels and high-end finishes including luxury vinyl plank flooring, quartz countertops, and a comprehensive smart home system, providing immediate value and long-term utility savings.

  • Premium Community Amenities

    Located in the coveted Rienda village of Rancho Mission Viejo, residents enjoy access to world-class resort amenities such as the Ranch Cove lagoon, fitness centers, and sports courts, all while benefiting from the lowest HOA fees in the village.

  • Superior Corner Lot Positioning

    As a sun-filled corner residence, the property offers enhanced privacy and natural light compared to interior units, complemented by a rare private enclosed side yard and a flexible bonus space for versatile living.

CONSRISKS & DEFICIENCIES

  • Vertical Living Constraints

    The three-story attached layout necessitates frequent stair usage, which may be a drawback for buyers with mobility concerns or those seeking a more traditional single-level flow.

  • Market Pricing Adjustments

    The property has undergone multiple price reductions from its initial listing of $935,000, which may signal to savvy buyers that the home was previously over-positioned for the current market segment.

About 402 Corral Court

Welcome to contemporary California living at its finest in this sun-filled corner residence located in Rienda, the newest and most coveted village of Rancho Mission Viejo. This three-story attached single family home, offers two bedrooms, three bathrooms, plus a flexible bonus space within approximately 1,615 square feet of thoughtfully designed living space. Built in 2022 and owned by the original owner, the home delivers a rare combination of modern design, privacy, and low-maintenance living. Highly upgraded throughout, the open-concept layout features luxury vinyl plank flooring, plush carpet in the bedrooms, quartz countertops, stainless steel appliances, pull-out kitchen drawers, a walk-in pantry, designer window coverings, ceiling fans, and a private balcony ideal for enjoying one of Rienda's beautiful sunsets. The primary suite is enhanced by two walk-in closets and a spa-inspired bath with a natural stone shower floor. Additional highlights include a private enclosed side yard, epoxy-finished two-car garage with overhead storage, and an energy-efficient smart home system with keyless entry, WiFi-enabled switches, dual-zoned thermostats, and garage controls. FULLY PAID-OFF solar panels provide ongoing monthly savings rarely found at this price point. Living in Rancho Mission Viejo is luxury at every turn—part resort, part nature preserve, part social club. With the LOWEST HOA in the village, residents enjoy full access to RMV’s unmatched amenities including the Ranch Cove lagoon pool, 24-hour fitness centers, lap pool, jacuzzis, BBQs, fire pits, Boulder Pond, Hilltop Bar, sports courts, dog parks, and miles of scenic trails. Rienda is buzzing with energy, from neighborhood horses and EV-friendly golf carts to vibrant community events and unforgettable sunsets. This is more than a home—it’s your opportunity to live in one of the most exciting, social, and fast-growing communities in South Orange County.

Property Details

Public Facts

Property Type
Duplex
Year Built
2022
Lot Size
2,469 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$304.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

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Built year2022-
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HOA$304.0$0
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Pricing History

Listed for Sale

Feb 25, 2026

$899,000

$915,000

-2% Price Drop

Initial Listing

Price Change

Feb 20, 2026

$915,000

$935,000

-2% Price Drop

Initial Listing

Price Change

Jan 5, 2026

$935,000

Initial Listing

Sold

Dec 15, 2022

$862,500

Public Record

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