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

5500 Paseo Del Lago W 1a

Laguna Woods, California 92637

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,260Sq Ft
51,775Lot Size

Property Price

LIST PRICE$463,000

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

Good
TeardownExcellent

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

4/10

Oak Grove Elementary School

Grades K-5 • 2.7 mi

7/10

El Morro Elementary School

Grades K-5 • 5.7 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,2601,136
71%
Lot Size51,7751,381
60%
Price$463.0K$519.0K
45%
Price per sq ft$367$459
33%
Built year19771973
85%
HOA$879.92$855
73%
Days on market114200
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

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