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5500 Paseo Del Lago W 1a, Laguna Woods, California 92637, Laguna Woods, 92637 - 2 bed, 2 bath

5500 Paseo Del Lago W 1a, Laguna Woods, California 92637 home-pic-0
ACTIVE$490,000
5500 Paseo Del Lago W 1a, Laguna Woods, California 92637
2Beds
2Baths
1,260Sqft
51,775Lot
Year Built
1977
Close
-
List price
$490K
Original List price
$490K
Price/Sqft
$389
HOA
$879.92
Days on market
-
Sold On
-
MLS number
OC25259713
Home ConditionGood
Features
Good View: Park/Greenbelt, Hills, Neighborhood, Trees/Woods
Patio
ViewPark/Greenbelt, Hills, Neighborhood, Trees/Woods

About this home

We found 3 Cons,6 Pros. Rank: price - $490.0K(49th), sqft - 1260(73th), beds - 2(50th), baths - 2(50th).

From your car to your front door with NO STAIRS! This EL MIRADOR plan has everything you need! Underground covered parking with easy elevator access – truly effortless living. Welcome home to one of the largest floor plans in this charming 3-story building in Laguna Woods—offering 2 bedrooms, 2 baths, and approximately 1,260 square feet of comfortable, 55+ friendly living. This spacious condo enjoys a quiet north-facing back patio, with peaceful views over mature trees and the small, low-traffic elementary school behind. With no immediate neighbors looking in, the privacy here is something special—and absolutely worth the trade-off. Inside, the condo has been thoughtfully upgraded for easy, modern living: brand-new windows and sliders, durable vinyl plank wood-style flooring, a refreshed primary suite Bathroom, and an updated kitchen. The generous layout makes this home feel open, bright, and incredibly livable— A covered patio extends your living space outdoors, giving you the perfect spot for morning coffee, bird-watching, or just enjoying the quiet breeze. The current vibrant paint colors add cheer and personality, but a quick update to soft neutral tones can easily make it feel like your own. And of course, you’re in Laguna Woods, one of Orange County’s premier 55+ guard-gated communities. Residents enjoy world-class amenities including GOLF, pools, clubhouses, fitness centers, over 200 clubs, walking paths, and a true sense of community. It’s quiet, it’s secure, and it’s wonderfully social—exactly what so many are looking for in their next chapter. If you want convenience, space, privacy, and access to everything Laguna Woods has to offer, this is the one you’ve been waiting for.

Nearby schools

4/10
San Joaquin Elementary School
Public,•K-6•0.2mi
7/10
Oak Grove Elementary School
Public,•K-5•2.7mi
9/10
El Morro Elementary School
Public,•K-5•5.7mi
8/10
Melinda Heights Elementary School
Public,•K-6•7.7mi
7/10
Trabuco Mesa Elementary School
Public,•PK-6•9.8mi
7/10
Aliso Viejo Middle School
Public,•6-8•2.9mi
5/10
Los Alisos Intermediate School
Public,•7-8•3.0mi
9/10
Thurston Middle School
Public,•6-8•4.7mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•9.1mi
7/10
Laguna Hills High School
Public,•9-12•2.8mi
9/10
Aliso Niguel High School
Public,•9-12•3.9mi
9/10
Laguna Beach High School
Public,•9-12•5.4mi
8/10
Trabuco Hills High School
Public,•9-12•5.9mi

Price History

Date
Event
Price
11/13/25
Listing
$490,000
07/12/12
Sold
$170,000
07/15/98
Sold
$134,000
05/16/96
Sold
$102,000
Condition Rating
Good
The property, built in 1977, has undergone significant recent renovations as described, including brand-new windows and sliders, durable vinyl plank flooring throughout, an updated kitchen with stainless steel appliances and granite countertops, and a refreshed primary bathroom. These updates make the home move-in ready with no immediate renovation required. While some elements like the kitchen's fluorescent lighting and the wall-mounted AC unit show its age, the major living spaces are modern, clean, and well-maintained, aligning with the 'Good' condition criteria for a property extensively renovated within the last 5-15 years.
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).
Exceptional Accessibility: Offers direct, no-stairs access from covered underground parking via elevator, providing effortless living, especially beneficial for the 55+ community.
Premier 55+ Community & Amenities: Located in Laguna Woods, a guard-gated community with world-class amenities including golf, pools, clubhouses, fitness centers, and over 200 clubs, fostering a strong sense of community.
Recent Interior Upgrades: Features brand-new windows and sliders, durable vinyl plank wood-style flooring, a refreshed primary suite bathroom, and an updated kitchen, reducing immediate renovation needs for a buyer.
Enhanced Privacy & Peaceful Views: The quiet north-facing back patio provides private views over mature trees and a low-traffic elementary school, ensuring no immediate neighbors looking in.
Spacious & Livable Floor Plan: As one of the largest floor plans in the building (1,260 sqft), it offers a generous layout that feels open, bright, and incredibly livable.

Cons

High Monthly Association Fee: The substantial monthly association fee of $879.92 represents a significant ongoing cost that could be a deterrent for some potential buyers.
55+ Community Restriction: While ideal for its target demographic, the age restriction significantly limits the potential buyer pool, which may impact marketability and resale value to a broader audience.
Age of Building (1977): Despite recent cosmetic upgrades, the 1977 construction year suggests the potential for older underlying infrastructure (e.g., plumbing, electrical systems not explicitly upgraded) that may require future maintenance or replacement.

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