
Rancho Mission Viejo, California 92694
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $945,000—positioned well below the $1,001,646 Fair Market Value by 5%. This valuation gap offers $56,646 in Instant Equity for the buyer. Featuring an Excellent Condition Rating with $150,000 in designer upgrades, including a custom chef's kitchen and owned solar, this property offers a premium lifestyle in the Capistrano Unified district. It is an ideal acquisition for discerning professionals or owner-occupants seeking a turnkey, high-efficiency residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 502 Old Vine Subject 2 bd · 3 ba · 1,615 sqft · $585 | $875,000* List Price | 2 | 3 | 1,615 | $585 | - |
A 350 Harvest Sold 2 bd · 3 ba · 1,341 sqft · $633 · 0.1 mi | $849,000 | 2 | 3 | 1,341 | $633 | 0.1 mi |
B 741 Pinto Way Sold 2 bd · 3 ba · 1,390 sqft · $629 · 0.2 mi | $875,000 | 2 | 3 | 1,390 | $629 | 0.2 mi |
C 451 Potter Way Sold 3 bd · 3 ba · 1,413 sqft · $658 · 0.1 mi | $930,000 | 3 | 3 | 1,413 | $658 | 0.1 mi |
D 222 Goldfinch Street Sold 2 bd · 3 ba · 1,390 sqft · $612 · 0.0 mi | $850,000 | 2 | 3 | 1,390 | $612 | 0.0 mi |
E 2251 Horseback Sold 3 bd · 3 ba · 1,413 sqft · $703 · 0.0 mi | $992,888 | 3 | 3 | 1,413 | $703 | 0.0 mi |
F 75 Gander Court Sold 2 bd · 3 ba · 1,612 sqft · $611 · 0.3 mi | $985,000 | 2 | 3 | 1,612 | $611 | 0.3 mi |
G 331 Harvest Drive Sold 3 bd · 3 ba · 1,413 sqft · $690 · 0.1 mi | $975,000 | 3 | 3 | 1,413 | $690 | 0.1 mi |
H 1403 Gavilan Ridge Sold 2 bd · 3 ba · 1,560 sqft · $667 · 0.8 mi | $1,039,990 | 2 | 3 | 1,560 | $667 | 0.8 mi |
I 432 Corral Court Active 3 bd · 4 ba · 1,786 sqft · $559 · 0.0 mi | $999,000 List Price | 3 | 4 | 1,786 | $559 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022 and featuring $150,000 in post-purchase professional upgrades, this home is in mint condition. The kitchen is highly customized with ceiling-height cabinetry and premium finishes, while modern systems like owned solar and an EV charger ensure peak functionality with no maintenance required.
With approximately $150,000 in post-purchase improvements, including a custom chef's kitchen with ceiling-height cabinetry, wood flooring, and owned solar panels, this home offers a level of finish and energy efficiency that far exceeds standard builder specs.
Situated on a $20,000 premium homesite, the property is within walking distance of Boulder Pond and Ranch Cove, offering residents unparalleled access to Rancho Mission Viejo’s resort-style pools, fitness centers, and community farms.
Built in 2022 and meticulously maintained, the home features a professionally landscaped backyard with a fountain, epoxy garage floors, and an EV charger, providing a completely move-in-ready experience for the next owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2677, other record lot size in square feet = 4011.
With only two bedrooms, the property may have a narrower market appeal, potentially excluding larger families or buyers who require multiple guest rooms and a dedicated home office.
The 2,677 square foot lot is relatively small, which may be a drawback for buyers seeking significant outdoor space, large garden areas, or greater privacy from neighboring homes.
Welcome to 502 Old Vine, a beautifully upgraded and professionally designed home in the award-winning community of Rancho Mission Viejo. Offering 1,615 square feet with 2 bedrooms, 2.5 bathrooms, and a highly functional layout, this home stands out with approximately $150,000 in upgrades completed after purchase, along with a premium homesite location. Wood flooring, upgraded baseboards, plantation shutters, custom curtains, upgraded railings, designer lighting, and surround sound create an elevated feel. The office features custom lighting and provides a dedicated workspace. The kitchen is a major highlight, extensively upgraded with an expanded center island, cabinetry extended to the ceiling, tile carried to the ceiling, a custom sink, and a custom-painted island. Outside, the backyard is thoughtfully finished with pavers, professional landscaping, and a fountain, creating a peaceful, low-maintenance space for relaxing or entertaining. The garage includes epoxy flooring, overhead storage racks, an EV charger, and owned solar. Another major standout is the location. The home was originally purchased with a $20,000 lot premium and is ideally positioned within walking distance of Boulder Pond, Ranch Cove, the fitness center, parks, pools, and many of the amenities that make Rancho Mission Viejo such a special place to live. If you are looking for a home where the upgrades have already been done, the details thoughtfully designed, and RMV’s best amenities are right outside your door, 502 Old Vine is one you will want to see. Rancho Mission Viejo residents enjoy amenities throughout Sendero, Esencia, Rienda, and future Villages, including resort-style pools and spas, Esencia K-8, community farms, fitness centers, guest house, putting green, bocce ball courts, tennis and pickleball courts, playgrounds, coffee shop, fire pits, an arcade, and more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.5 |
| Baths | 3.0 | 3.1 |
| Square foot | 1,615 | 2,221.726 |
| Lot Size | 2,677 | 4,080.032 |
| Price | $875.0K | $1.48M |
| Price per sq ft | $542 | $656 |
| Built year | 2022 | 2019 |
| HOA | $304.0 | $350 |
| Days on market | 46 | 65 |
Oct 10, 2026
$875,000
$939,000
-7% Price Drop
Initial Listing
Sep 26, 2026
$939,000
$945,000
-1% Price Drop
Initial Listing
Sep 9, 2026
$945,000
Initial Listing
Nov 2, 2022
$855,500
Public Record