510 Bluegrass Way, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 3 bed, 3 bath

510 Bluegrass Way, Rancho Mission Viejo, California 92694 home-pic-0

510 Bluegrass Way

Rancho Mission Viejo, California 92694

ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,605Sq Ft
Lot Size

Property Price

LIST PRICE$920,000

SUMMARY

Analysis of 510 Bluegrass Way, Rancho Mission Viejo, California 92694 is currently available with a list price of $920,000. 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.

This is a brand-new 2024 construction featuring a modern open-concept layout, contemporary kitchen with high-end finishes, and spa-inspired bathrooms. All systems, including the EV charging station and appliances, are new, meeting the highest quality standards with no deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Modern New Construction

    Built in 2024, this home features contemporary open-concept living, energy-efficient systems, and a built-in EV charging station, offering a move-in-ready experience with the latest design trends.

  • Resort-Style Community Amenities

    Located in the award-winning Rancho Mission Viejo, residents enjoy unparalleled access to premium clubhouses, fitness centers, pools, and 23,000 acres of hiking trails and open space.

  • Versatile Guest Accommodations

    The main level includes a secondary bedroom and full bath, providing a private and convenient space for guests, multi-generational living, or a dedicated home office.

CONSRISKS & DEFICIENCIES

  • Vertical Living Constraints

    The three-level townhome layout requires frequent use of stairs, which may be a drawback for buyers with mobility concerns or those seeking a more traditional single-story flow.

  • Limited Private Outdoor Space

    While the property features a spacious deck, it lacks a private backyard or ground-level garden, which may be a disadvantage for pet owners or those desiring more outdoor privacy.

About 510 Bluegrass Way

Experience modern living at its best in this stylish three-level townhome located in the desirable Mariposa neighborhood of Rancho Mission Viejo. The entry level features a convenient two-car garage and a welcoming foyer with an additional storage closet off the porch. The main level showcases an open-concept layout that seamlessly connects the kitchen, dining area, and Great Room, creating the perfect space for everyday living and entertaining. A spacious deck extends the living space outdoors, while a secondary bedroom and full bath offer comfort and privacy for guests. Upstairs, the third level features two bedrooms, including the luxurious primary suite with a spa-inspired en-suite bathroom and walk-in closet. Additional highlights include an extended two-car garage with an EV charging station and plenty of natural light throughout. Set within Rancho Mission Viejo’s award-winning master-planned community, Mariposa residents enjoy access to resort-style amenities—clubhouses, pools, fitness centers, parks, hiking trails, and more—all surrounded by 23,000 acres of natural open space. Conveniently located near premier shopping, dining, beaches, and botanical gardens, this is South Orange County living at its finest.

Property Details

Public Facts

Property Type
Condominium
Year Built
2024
Lot Size
-

Interior

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

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$246.0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.02.0
51%
Baths3.03.0
50%
Square foot1,6051,500
64%
Lot Size-1,800
35%
Price$920.0K$850.0K
61%
Price per sq ft$573$575
45%
Built year20242014
94%
HOA$246.0$290
44%
Days on market128164
29%

Pricing History

Listed for Sale

Oct 30, 2025

$920,000

Initial Listing

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