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

510 Bluegrass Way
Rancho Mission Viejo, California 92694
Property Price
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
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
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 51% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,605 | 1,500 | 64% |
| Lot Size | - | 1,800 | 35% |
| Price | $920.0K | $850.0K | 61% |
| Price per sq ft | $573 | $575 | 45% |
| Built year | 2024 | 2014 | 94% |
| HOA | $246.0 | $290 | 44% |
| Days on market | 128 | 164 | 29% |
Pricing History
Listed for Sale
Oct 30, 2025
$920,000
Initial Listing




















