
Laguna Woods, California 92637
This 1-bedroom condominium presents a High-Potential Investment Opportunity, listed at $299,900—positioned above the $287,200 Fair Market Value. While currently priced slightly above market, the property offers a unique lifestyle in the premier 55+ Laguna Woods Village. Featuring a Fair Condition Rating, the unit boasts panoramic views of Laguna Canyon and a functional layout with significant storage. With access to top-tier amenities and proximity to high-rated schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking an active, resort-style retirement lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5371 Punta Alta 3f Subject 1 bd · 1 ba · 953 sqft · $301 | $299,900* List Price | 1 | 1 | 953 | $301 | - |
A 5369 Algarrobo 3f Sold 1 bd · 2 ba · 820 sqft · $372 · 0.0 mi | $305,000 | 1 | 2 | 820 | $372 | 0.0 mi |
B 3338 Punta Alta 2d Sold 1 bd · 1 ba · 837 sqft · $317 · 0.2 mi | $265,000 | 1 | 1 | 837 | $317 | 0.2 mi |
C 5368 Algarrobo 2f Sold 2 bd · 2 ba · 894 sqft · $341 · 0.0 mi | $305,000 | 2 | 2 | 894 | $341 | 0.0 mi |
D 3420 Calle Azul 3f Sold 1 bd · 1 ba · 988 sqft · $363 · 0.3 mi | $359,000 | 1 | 1 | 988 | $363 | 0.3 mi |
E 3338 Punta Alta 2g Sold 2 bd · 2 ba · 894 sqft · $358 · 0.2 mi | $320,000 | 2 | 2 | 894 | $358 | 0.2 mi |
F 3306 Via Carrizo A Sold 2 bd · 2 ba · 1,080 sqft · $241 · 0.4 mi | $260,000 | 2 | 2 | 1,080 | $241 | 0.4 mi |
G 3335 Punta Alta Sold 2 bd · 2 ba · 1,162 sqft · $301 · 0.2 mi | $350,000 | 2 | 2 | 1,162 | $301 | 0.2 mi |
H 3365 Punta Alta 3d Sold 2 bd · 2 ba · 1,162 sqft · $232 · 0.2 mi | $270,000 | 2 | 2 | 1,162 | $232 | 0.2 mi |
I 3337 Punta Alta 3c Active 2 bd · 2 ba · 894 sqft · $390 · 0.2 mi | $349,000 List Price | 2 | 2 | 894 | $390 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is over 50 years old and maintains a dated aesthetic. While functional and well-maintained with minor updates like laminate flooring, plantation shutters, and a new water heater, the kitchen features older tile countertops and a fluorescent light box, and the ceilings appear to be original popcorn texture. It fits the 'Fair' criteria as it is move-in ready but requires significant cosmetic updates to the kitchen and baths to meet modern standards.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Aliso Niguel High School (9/10).
The unit features desirable east/west facing windows for optimal natural light and cross-breezes, complemented by panoramic views of Laguna Canyon and lush greenbelts.
Located in the premier Laguna Woods Village 55+ community, residents have access to unparalleled amenities including championship golf, multiple pools, and over 200 social clubs.
The monthly association fee of $938.08 is relatively high, which may impact the overall affordability and monthly carrying costs for some buyers.
Built in 1973, the property may require further interior modernization to meet contemporary aesthetic preferences, despite recent maintenance like the new water heater.
3rd floor living - Great views, breezes and sunsets! East/west facing windows for morning and afternoon sun and cross-winds. Amazing location between Clubhouses 5 and 6. Spacious 1BD condo featuring built-in entertainment area/storage at end of the long living room, 3 ceiling fans, plantation shutters and brand new water heater being installed. Beautiful location looking over greenbelt area, through the trees and to Laguna Canyon - truly a peaceful setting! Double door entry with screen door and iron gate - walk right in and enjoy the view! Laminate flooring in entry/kitchen and hallway, berber carpet in living and bedroom and tile in the bathroom. Living room features built-in bookshelves/entertainment center with sliding doors on the side and closet space behind. Such great storage without making the living room feel any smaller. Dual sliding doors lead to your covered balcony. Kitchen enjoys an east facing window over the sink. Bathroom has tub/shower combo and bedroom has walk-in closet! Close to laundry and elevator from the subterranean parking area. Large recreation room in the building for resident use. Enjoy resort-style living in Laguna Woods Village, a premier 55+ community featuring 27-hole championship golf, a 9-hole executive par-3 course, pickleball, tennis, lawn bowling, fitness centers, swimming pools, clubhouses, equestrian facilities, garden centers, art studios, an impressive woodshop, computer workrooms and classes, plus more than 200 clubs and organizations. A wonderful opportunity to enjoy comfortable living, beautiful natural surroundings, convenient elevator access and the active Laguna Woods Village lifestyle!
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 2.7 mi
Grades K-5 • 5.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 953 | 1,183.346 |
| Lot Size | - | 289,108.591 |
| Price | $299.9K | $524.3K |
| Price per sq ft | $315 | $436 |
| Built year | 1973 | 1973 |
| HOA | $938.08 | $910 |
| Days on market | 33 | 88 |
Sep 22, 2026
$299,900
Initial Listing
Nov 2, 1993
$69,000
Public Record