
Laguna Woods, California 92637
This Spacious El Mirador Condo is a Prime Investment Opportunity listed at $599,000—positioned well below the $615,166 Fair Market Value by 2%. This valuation gap offers $16,166 in Instant Equity. Featuring a Condition Rating of 3, the unit boasts premium kitchen and bath remodels alongside panoramic mountain views. Located in a premier 55+ community with access to 9/10 rated schools, it balances lifestyle luxury with clear appreciation potential through minor cosmetic finishing. It is perfectly suited for Owner-Occupants or Value-Add Seekers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5499 Paseo Del Lago W 3c Subject | $585,000* List Price | 3 | 2 | 1,656 | $362 | - |
A 5500 W Paseo Del Lago W 3d Sold | $572,000 | 3 | 2 | 1,656 | $345 | 0.5 mi |
B 5369 Algarrobo 1g Sold | $499,000 | 3 | 3 | 1,380 | $362 | 0.3 mi |
C 5500 Paseo Del Lago W 1f Sold | $522,000 | 2 | 2 | 1,230 | $424 | 0.1 mi |
D 5371 Punta Alta Sold | $540,000 | 2 | 2 | 1,200 | $450 | 0.3 mi |
E 5369 Algarrobo 2d Sold | $425,000 | 2 | 2 | 1,162 | $366 | 0.3 mi |
F 3048 Via Serena S O Sold | $429,900 | 2 | 2 | 1,080 | $398 | 0.5 mi |
G 4006 Calle Sonora Oeste 3c Pending | $725,000 List Price | 3 | 2 | 1,741 | $416 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features high-quality, extensive remodels in the kitchen and bathrooms, including stainless steel appliances, custom cabinetry, and modern finishes. Major systems are well-maintained or new, specifically the central HVAC and a water heater replaced in 2026. Although the core 'wet areas' and windows are updated, the property is classified as 'good' rather than 'excellent' because it requires minor cosmetic finishing, specifically new flooring and paint in the living room and bedrooms.
Elementary School: El Morro Elementary School (9/10). Middle School: Thurston Middle School (9/10). High School: Aliso Niguel High School (9/10).
This desirable 3rd-floor end unit offers stunning, unobstructed views of Laguna Canyon and the Saddleback Mountains, situated perfectly near Gate 10 and the Par 3 golf course.
The kitchen and bathrooms have been meticulously remodeled with high-quality finishes, stainless steel appliances, and modern touches like crown molding and smooth ceilings.
While the major wet areas are remodeled, the property requires new flooring and fresh paint in the living room and bedrooms to be fully move-in ready.
The monthly association fee of $938 is relatively high, which may impact the overall affordability for some buyers despite the extensive amenities included.
WONDERFUL DISTANT VIEWS OF LAGUNA CANYON & SADDLEBACK MOUNTAINS. THIS 3RD FLOOR, END UNIT NEAR GATE 10 BY THE PAR 3 GOLF COURSE HAS SO MUCH TO OFFER . BUILDER SPECS SHOW 1815 SQ FT AND BALCONY 159 SQ FT. WHEN THIS 3 BR-ELMIRADOR UNIT WAS REMODELED-NO EXPENSE WAS SPARED. ONLY THE BEST QUALITY WENT INTO THE UPGRADES. YOU WILL LOVE THE KITCHEN AND BATHROOMS. ALL YOU HAVE TO DO IS PAINT AND REPLACE LR & BR FLOORING AND YOU WILL HAVE A FABULOUS PLACE TO LIVE. CENTRAL A/C & HEAT, WATER HEATER NEW JAN 2026, DOUBLE PANE WINDOWS, SMOOTH CEILINGS, CEILING FAN, AND CROWN MOULDING ALONG WITH ENCLOSED BALCONY. UPGRADED KITCHEN WITH STAINLESS STEEL APPLIANCES, EXHAUST FAN, LOTS OF CABINETS & PANTRY IN ADDITION TO DINETTE AREA. DINING ROOM AND LIVING ROOM W/CROWN MOULDING ADJACENT TO SLIDING DOOR TO ENCLOSED PATIO WITH GREAT VIEWS. PRIMARY SUITE WITH LARGE BEDROOM AND AWESOME UPGRADED BATHROOM SUITE. THE 2ND BEDROOM HAS WALL OF BUILT-INS. WOULD MAKE A GREAT OFFICE/3RD BEDROOM. BEDROOM 2 HAS WINDOW AT END OF BUILDING. THIS IS A 3 STORY BUILDING WITH ELEVATOR AND SUBTERRANEAN GARAGE (1 DEEP CAR SPACE & 3 TALL CABINETS) AND GOLF CART PARKING. Laguna Woods Village is a 55+ commuity that offers many amenities including a 27 hold Golf Course with Pro Shop, Clubhouse and 19 Restaurant and Bar with fantasice views and a driving range. Many sport courts such as Pickleball, Tennis, Bocce, Lawn Bowling, 5 swimming pools, 7 clubhouses, 250 clubs and much more. Check out the Laguna Woods website for more community information. Just minutes to Laguna Beach and lots of shopping.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-5 • 2.7 mi
Grades K-5 • 5.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 84% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,656 | 1,149 | 88% |
| Lot Size | - | 1,444 | 32% |
| Price | $585.0K | $540.0K | 58% |
| Price per sq ft | $353 | $477 | 22% |
| Built year | 1978 | 1973 | 95% |
| HOA | $938.0 | $856 | 90% |
| Days on market | 55 | 203 | 3% |
Apr 16, 2026
$585,000
$599,000
-2% Price Drop
Initial Listing
Feb 26, 2026
$599,000
Initial Listing
Oct 5, 1999
$250,000
Public Record
Dec 5, 1996
$188,181
Public Record