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5359 Algarrobo 2o, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath

5359 Algarrobo 2o, Laguna Woods, California 92637 home-pic-0
ACTIVE$400,000
5359 Algarrobo 2o, Laguna Woods, California 92637
2Beds
2Baths
1,123Sqft
497,627Lot

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:
Substantial Monthly Association Fees: The high monthly association fee of $855.17 represents a significant ongoing cost, which could impact affordability and buyer interest.

Compared to the nearby listings

Price:$400.0K vs avg $500.0K ($-100,000)35%
Size:1,123 sqft vs avg 1,162 sqft46%
Price/sqft:$356 vs avg $44127%

More Insights

Built in 1973 (52 years old).
Condition: Built in 1973, this condo shows signs of being aged but maintained. The kitchen features some updates like wood-look flooring, a tiled backsplash, and a stainless steel refrigerator, but also retains dated elements such as the fluorescent box lighting and older countertops. Throughout the living areas and bedrooms, there are popcorn ceilings and older carpeting, indicating a lack of a full recent renovation. While functional and move-in ready, the property requires minor updates to modernize its overall aesthetic and bring it up to current standards.
Year Built
1973
Close
-
List price
$400K
Original List price
$440K
Price/Sqft
$356
HOA
$855.17
Days on market
-
Sold On
-
MLS number
OC25040029
Home ConditionFair
Features
Good View: Meadow, Mountain(s), Trees/Woods
Deck
ViewMeadow, Mountain(s), Trees/Woods

About this home

Welcome to your slice of paradise nestled in the heart of Laguna Woods! This charming 2-bedroom, 2-bathroom condo boasts 1,123 square feet of thoughtfully designed living space, offering the perfect blend of comfort and convenience in the sought-after Laguna Woods Village community. Step inside and imagine a bright, open floor plan that effortlessly flows from the living area to the kitchen—perfect for entertaining friends or enjoying a quiet evening at home. With two generously sized bedrooms, including a primary suite that promises restful nights, this home is ideal for anyone seeking a low-maintenance lifestyle without sacrificing space or style. Living in Laguna Woods Village means access to an unparalleled array of amenities that elevate everyday life. Tee off at the 27-hole championship golf course or the 9-hole executive course, dive into one of five swimming pools, or stay active with tennis courts, pickleball, and a state-of-the-art fitness center. Enjoy the equestrian center, art studios, and over 250 clubs and organizations that cater to every interest—from gardening to theater. With seven clubhouses, a performing arts center, and even RV parking, this community offers endless opportunities for recreation, relaxation, and connection, all included with your residency.

Nearby schools

4/10
San Joaquin Elementary School
Public,•K-6•0.6mi
7/10
Oak Grove Elementary School
Public,•K-5•2.8mi
9/10
El Morro Elementary School
Public,•K-5•5.4mi
8/10
Melinda Heights Elementary School
Public,•K-6•8.1mi
7/10
Trabuco Mesa Elementary School
Public,•PK-6•10.2mi
7/10
Aliso Viejo Middle School
Public,•6-8•3.1mi
5/10
Los Alisos Intermediate School
Public,•7-8•3.4mi
9/10
Thurston Middle School
Public,•6-8•4.5mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•9.6mi
7/10
Laguna Hills High School
Public,•9-12•3.1mi
9/10
Aliso Niguel High School
Public,•9-12•3.9mi
9/10
Laguna Beach High School
Public,•9-12•5.2mi
8/10
Trabuco Hills High School
Public,•9-12•6.3mi
Condition Rating
Fair
Built in 1973, this condo shows signs of being aged but maintained. The kitchen features some updates like wood-look flooring, a tiled backsplash, and a stainless steel refrigerator, but also retains dated elements such as the fluorescent box lighting and older countertops. Throughout the living areas and bedrooms, there are popcorn ceilings and older carpeting, indicating a lack of a full recent renovation. While functional and move-in ready, the property requires minor updates to modernize its overall aesthetic and bring it up to current standards.
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: Access to an unparalleled array of amenities within Laguna Woods Village, including multiple golf courses, swimming pools, sports facilities, and over 250 clubs, significantly enhances the lifestyle offering.
Prime 55+ Community Location: Situated in the highly sought-after Laguna Woods Village, offering a vibrant active adult community lifestyle in a desirable Southern California location.
Low-Maintenance Condominium Living: As a condominium, the property provides a low-maintenance lifestyle, ideal for residents seeking to minimize home upkeep and maximize leisure time.
Appealing Natural Views: The property benefits from pleasant views of meadows, mountains, and trees, contributing to a serene and attractive living environment.
Functional Open Floor Plan: Features a bright and open floor plan, promoting an effortless flow between living areas and the kitchen, suitable for comfortable daily living and entertaining.

Cons

Substantial Monthly Association Fees: The high monthly association fee of $855.17 represents a significant ongoing cost, which could impact affordability and buyer interest.
Original Construction Age: Built in 1973, the property is over 50 years old, suggesting potential for dated systems, finishes, or appliances that may require future investment for modernization or maintenance.
Recent Price Reduction: The property has undergone a price reduction from its original listing, which might suggest a longer market time or initial overpricing, potentially influencing buyer perception of value.

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