
Rancho Mission Viejo, California 92694
This Sophisticated Turnkey Residence is a Prime Investment Opportunity, listed at $1,630,000—positioned well below the $1,703,981 Fair Market Value by 4%. This valuation gap offers $73,981 in Instant Equity for a property maintaining an Excellent Condition Rating. Featuring a chef’s kitchen with marble accents, Apple smart home technology, and an entertainer’s backyard with hillside views, the home provides a premium lifestyle. With access to Top-Rated Schools like Wagon Wheel Elementary (9/10), it is perfect for Owner-Occupants or growing families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 50 Jarano Subject | $1,630,000* List Price | 5 | 4 | 2,910 | $586 | - |
A 48 Jarano Street Street Sold | $1,665,000 | 5 | 4 | 2,700 | $617 | 0.0 mi |
B 44 Jarano Street Sold | $1,600,000 | 4 | 4 | 2,581 | $620 | 0.0 mi |
C 8 Yerra Sold | $1,785,000 | 4 | 4 | 2,846 | $627 | 0.7 mi |
D 100 Vasto Sold | $1,675,000 | 4 | 4 | 2,846 | $589 | 0.9 mi |
E 26 Paranza Place Sold | $1,400,000 | 4 | 3 | 2,144 | $653 | 0.1 mi |
F 28 Paranza Sold | $1,325,000 | 4 | 3 | 2,234 | $593 | 0.1 mi |
G 36 Jarano Street Active | $1,600,000 List Price | 5 | 5 | 2,931 | $546 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. The home features modern, high-end finishes including a chef's kitchen with quartz countertops and marble backsplash, spa-like bathrooms, and premium outdoor living spaces. All systems and components appear virtually new with no signs of deferred maintenance or physical depreciation.
Elementary School: Wagon Wheel Elementary School (9/10). Middle School: Ladera Ranch Middle School (9/10).
The property features a professionally designed entertainer’s backyard equipped with a built-in barbecue, cozy fireplace, and private spa, all set against a backdrop of tranquil hillside views.
Built in 2018, this residence offers a contemporary chef’s kitchen with marble accents and is fully equipped with Apple smart home technology for modern convenience.
The 4,227 square foot lot is relatively small for a nearly 3,000 square foot five-bedroom home, which may limit traditional yard space for families desiring a large lawn.
While the elementary school is conveniently close, the assigned middle school is located over six miles away, which could present a daily commute challenge for residents.
Welcome to 50 Jarano. Nestled in the highly coveted Reverie neighborhood of Rancho Mission Viejo, this exceptional residence offers a blend of privacy, tranquility, and elevated design. Inside, abundant windows flood the home with natural light, creating an inviting and airy ambiance throughout. The heart of the home is the chef’s kitchen, featuring an oversized island, quartz countertops, and designer marble backsplash—perfect for both everyday living and entertaining. The thoughtfully designed main level includes a laundry room, mudroom, and an additional spacious downstairs room that can easily serve as a home office, playroom, or optional fifth bedroom. Upstairs, you’ll find four generously sized bedrooms, including an oversized primary suite with a spa-inspired bath and tranquil hillside views. Step outside to an entertainer’s dream backyard, complete with an outdoor living space featuring a cozy fireplace, built-in barbecue, and spa—ideal for year-round enjoyment and memorable gatherings. This home is located at the end of the street and includes a private driveway leading to a spacious three-car garage, complete with epoxy flooring for both style and durability. This stunning home offers luxury, functionality, Apple smart home technology, and an unbeatable location. Enjoy all that this award winning master planned community has to offer with resort like amenities from community events, pools, splash pads, putting green, hiking and NEV trails, multiple clubhouses, sports/pool bars, arcade, sports park, tennis and pickle ball courts, camp out with large fire pit area, parks, coffee house, dog park, gyms, close to Esencia’s K-8 school, Montessori and more! *note: buyer was contingent on sale of their home and could not perform
No exterior & parking available.
Grades K-5 • 1.8 mi
Grades K-5 • 2.4 mi
Grades K-5 • 5.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 81% |
| Baths | 4.0 | 3.0 | 63% |
| Square foot | 2,910 | 2,311 | 75% |
| Lot Size | 4,227 | 4,105 | 54% |
| Price | $1.63M | $1.54M | 60% |
| Price per sq ft | $560 | $640 | 11% |
| Built year | 2018 | 2015 | 58% |
| HOA | $357.0 | $330 | 63% |
| Days on market | 76 | 168 | 16% |
Feb 5, 2026
$1,630,000
Initial Listing
Mar 27, 2019
$881,000
Public Record