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
Property Price
SUMMARY
Analysis of 5500 Paseo Del Lago W 1a, Laguna Woods, California 92637 is currently available with a list price of $463,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Laguna Woods Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent upgrades including brand-new windows and sliders, modern vinyl plank flooring, an updated kitchen with stainless steel appliances, and a refreshed primary bathroom. While the 1977 structure is older, the interior has been well-maintained and modernized to current standards, though the vibrant paint colors are a subjective cosmetic detail.
PROSSTRENGTHS & OPPORTUNITIES
- 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).
- Superior Accessibility
This El Mirador floor plan offers rare, effortless living with no stairs from the underground covered parking to the front door, supported by convenient elevator access.
- Exceptional Privacy and Views
The north-facing back patio provides a peaceful retreat with views of mature trees and no immediate neighbors looking in, offering a level of seclusion rarely found in condo living.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The association fee of approximately $880 per month is a substantial recurring expense that may be a deterrent for budget-conscious buyers in a 55+ community.
- Subjective Interior Aesthetics
The current 'vibrant' paint colors are highly personalized and will likely require an additional investment in neutral painting to modernize the space for most buyers.
About 5500 Paseo Del Lago W 1a
From your car to your front door with NO STAIRS! This EL MIRADOR plan has everything you need! EVEN a Clear First Inspection ! Ready to go! 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.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1977
- Lot Size
- 51,775 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $879.92 / Month
Neighborhood Insights
Laguna Woods Unified Schools
San Joaquin Elementary School
Grades K-6 • 0.2 mi
Oak Grove Elementary School
Grades K-5 • 2.7 mi
El Morro Elementary School
Grades K-5 • 5.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,260 | 1,136 | 71% |
| Lot Size | 51,775 | 1,381 | 60% |
| Price | $463.0K | $519.0K | 45% |
| Price per sq ft | $367 | $459 | 33% |
| Built year | 1977 | 1973 | 85% |
| HOA | $879.92 | $855 | 73% |
| Days on market | 114 | 200 | 8% |
Pricing History
Listed for Sale
Feb 7, 2026
$463,000
$490,000
-6% Price Drop
Initial Listing
Price Change
Nov 13, 2025
$490,000
Initial Listing
Sold
Jul 12, 2012
$170,000
Public Record
Sold
Jul 15, 1998
$134,000
Public Record
Sold
May 16, 1996
$102,000
Public Record




















































