5157 Avenida Despacio, Laguna Woods, California 92637, Laguna Woods, 92637 - 3 bed, 2 bath

5157 Avenida Despacio, Laguna Woods, California 92637 home-pic-0
ACTIVE$1,399,000$1,727/sqft
5157 Avenida Despacio, Laguna Woods, California 92637
3Beds
2Baths
1,727Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Aliso Niguel High School (9/10).
Top Cons:
Age-Restricted Community: The property is located within Laguna Woods Village, an age 55+ community, which significantly limits the potential buyer pool.

Compared to the nearby listings

Price:$1.40M vs avg $502.5K (+$896,500)96%
Size:1,727 sqft vs avg 1,162 sqft94%
Price/sqft:$810 vs avg $44296%

More Insights

Built in 1973 (53 years old).
Condition: This property, built in 1973, has undergone significant recent renovations, including a full repaint and installation of luxury, modern, waterproof vinyl flooring in 2023. The kitchen boasts upgraded quartz countertops, elegant off-white cabinetry, newer recessed lighting, and updated stainless steel appliances, presenting a modern and functional space. While the bathrooms feature some older fixtures (e.g., gold-colored trim) and tile choices, they are clean, well-maintained, and fully functional, not requiring immediate renovation. The home also benefits from central air/heating, double-paned windows/sliding doors, and smooth ceilings, indicating substantial updates to major systems. Overall, the property is move-in ready with a fresh, updated feel, aligning with the 'Good' condition criteria.
Year Built
1973
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
$810
HOA
$910
Days on market
-
Sold On
-
MLS number
OC26001021
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Welcome home! This lovely, bright Villa Serena home (3BDR/2BA) is the most popular model in prestigious Gate 11 and boasts a flowing, functional, and open floorplan that affords privacy, natural lighting, and greenery soothing to the eyes throughout from each room. As you enter through the front gate, you will see a beautiful brick courtyard tastefully landscaped with diverse flowers and mature plants. The back of the home has a spacious patio, accessed through sliding doors from the living, dining, and master bedrooms. What a perfect outdoor environment to entertain family and friends or enjoy your morning coffee! The kitchen window overlooks the front courtyard and thus gets natural light inside while providing you with a peaceful view of the neighborhood outside. The kitchen boasts upgraded quartz countertops, an updated stainless steel range hood, intricate backsplash, elegant off-white cabinetry, newer recessed lighting and appliances. The living room is expansive with a wood-burning fireplace and built-in bookcase. The master bedroom is larger than most others with its expanded addition, including a large private sitting area; large walk-in closet; an-suite bathroom with double sinks; large walk-in shower; and its location maximizes peace and quiet. The second bedroom has new window treatments, large mirrored sliding doors with closet space and convenient proximity to the second bathroom. The third bedroom has been converted into an office that looks out to the natural, green, landscaped courtyard and also has direct access to the laundry room and garage. With a central air/heating system, this lovely home also has double-paned windows/sliding doors, skylights, smooth ceilings, and a separate laundry room with washer/dryer. In 2023, the home was repainted throughout and luxury, modern, waterproof vinyl flooring was installed in most of the home. Located in the gated community of Laguna Woods Village—the premier, age 55+ active community in Orange County—this home is conveniently located with proximity to the Irvine Spectrum, Laguna Beach among other towns and offers many wonderful amenities such as a 27-hole golf course, tennis courts, separate pickleball courts, 5 swimming pools, 3 fitness centers, RV storage, garden center, and 7 clubhouses, including Clubhouse 4 that offers amazing classes in art, ceramics, wood shop, jewelry-making, and sewing, and much more. This updated, well-appointed, and well-maintained home won’t last long!

A
Alice Lin
Listing Agent

Nearby schools

4/10
San Joaquin Elementary School
Public,K-60.2mi
7/10
Oak Grove Elementary School
Public,K-52.8mi
9/10
El Morro Elementary School
Public,K-55.7mi
8/10
Melinda Heights Elementary School
Public,K-67.7mi
7/10
Trabuco Mesa Elementary School
Public,PK-69.9mi
7/10
Aliso Viejo Middle School
Public,6-83.0mi
5/10
Los Alisos Intermediate School
Public,7-83.1mi
9/10
Thurston Middle School
Public,6-84.7mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-89.2mi
7/10
Laguna Hills High School
Public,9-122.9mi
9/10
Aliso Niguel High School
Public,9-124.0mi
9/10
Laguna Beach High School
Public,9-125.4mi
8/10
Trabuco Hills High School
Public,9-126.0mi

Price History

Date
Event
Price
10/14/97
Sold
$285,000
06/22/23
Sold
$1,070,000
05/17/11
Sold
$500,000
Condition Rating
Good

This property, built in 1973, has undergone significant recent renovations, including a full repaint and installation of luxury, modern, waterproof vinyl flooring in 2023. The kitchen boasts upgraded quartz countertops, elegant off-white cabinetry, newer recessed lighting, and updated stainless steel appliances, presenting a modern and functional space. While the bathrooms feature some older fixtures (e.g., gold-colored trim) and tile choices, they are clean, well-maintained, and fully functional, not requiring immediate renovation. The home also benefits from central air/heating, double-paned windows/sliding doors, and smooth ceilings, indicating substantial updates to major systems. Overall, the property is move-in ready with a fresh, updated feel, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Great Schools: Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Aliso Niguel High School (9/10).
Extensive Community Amenities: Located in Laguna Woods Village, a premier 55+ active community offering a 27-hole golf course, tennis courts, pickleball courts, 5 swimming pools, 3 fitness centers, RV storage, garden center, and 7 clubhouses with various classes.
Recent Interior Upgrades: The home was repainted throughout in 2023 and features new luxury, modern, waterproof vinyl flooring in most areas, providing a fresh and updated aesthetic.
Upgraded Kitchen: The kitchen boasts upgraded quartz countertops, an updated stainless steel range hood, intricate backsplash, elegant off-white cabinetry, newer recessed lighting, and appliances.
Spacious & Functional Floorplan with Outdoor Living: This popular Villa Serena model offers a flowing, functional, and open floorplan with natural lighting, a beautifully landscaped front brick courtyard, and a spacious back patio for entertaining.
Expanded Master Suite: The master bedroom is larger than most, featuring an expanded addition with a private sitting area, a large walk-in closet, and an en-suite bathroom with double sinks and a walk-in shower.

Cons

Age-Restricted Community: The property is located within Laguna Woods Village, an age 55+ community, which significantly limits the potential buyer pool.
High Monthly Association Fee: The property carries a substantial monthly association fee of $910, which adds a considerable ongoing cost to homeownership.
Limited View: While offering pleasant greenery and neighborhood views, the property does not feature premium views such as ocean or city lights, which can be a preference for some buyers in this market.
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