60 Melrose, Mission Viejo, California 92692, Mission Viejo, 92692 - 4 bed, 3 bath
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60 Melrose
Mission Viejo, California 92692
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
1,906Sq Ft
4,500Lot Size
Property Price
LIST PRICE$1,195,000
EST. MARKET VALUE
$1,273,093
6% BelowMARKET VALUE
SUMMARY
This Stunning Move-In Ready Home is a Strong Value Opportunity, listed at $1,195,000—positioned well below the $1,273,093 Fair Market Value by 6%. This valuation gap offers $78,093 in Instant Equity for the buyer. Featuring a fully renovated gourmet kitchen and an Excellent Condition Rating, this detached residence offers a premium lifestyle in the gated Melrose community. With access to top-rated Capistrano Unified schools and Lake Mission Viejo privileges, it is an ideal acquisition for discerning families or owner-occupants seeking a turnkey, high-equity sanctuary.
Estimated Market Value
$1,273,093+$78,093 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Mission Viejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 60 Melrose Subject | $1,195,000* List Price | 4 | 3 | 1,906 | $668 | - |
A 139 Melrose Drive Sold | $1,165,000 | 3 | 3 | 1,754 | $664 | 0.1 mi |
B 25252 Misty Ridg Sold | $1,290,000 | 4 | 3 | 2,196 | $587 | 0.7 mi |
C 27275 Comba Sold | $1,475,000 | 3 | 3 | 2,301 | $641 | 0.6 mi |
D 8 Rosings Sold | $1,395,000 | 4 | 3 | 1,823 | $765 | 0.2 mi |
E 18 Hawk Hill Sold | $1,505,000 | 4 | 3 | 2,230 | $675 | 0.4 mi |
F 25851 Miramonte Drive Pending | $1,350,000 List Price | 4 | 3 | 2,052 | $658 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1996, the property has undergone a complete high-end renovation within the last 5 years. The gourmet kitchen features modern white shaker cabinetry, stone countertops, and stainless appliances, while the bathrooms have been fully updated with contemporary fixtures and vanities. The interior shows in mint, move-in condition with updated flooring and finishes throughout.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Modern Upgrades
The home is in model-like condition featuring a fully renovated gourmet kitchen with a large island and vaulted ceilings, offering a move-in-ready experience for discerning buyers.
- Premium Cul-de-Sac Setting
Positioned at the end of a quiet cul-de-sac within the gated Melrose community, the property provides enhanced privacy, safety, and ample parking for guests.
- Exclusive Community Perks
Residents benefit from gated security, a community pool and spa, and highly coveted Lake Mission Viejo privileges alongside access to top-rated Capistrano Unified schools.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4500, other record lot size in square feet = 18879.
- Absence of Scenic Views
The property record indicates no specific view, which may be a competitive disadvantage in a region where many hillside homes offer panoramic city or canyon vistas.
- Modest Lot Size
At 4,500 square feet, the lot is relatively compact for a four-bedroom detached residence, which may limit outdoor expansion or large-scale landscaping projects.
About 60 Melrose
One-of-a-kind home ~AND~ a one-of-a-kind location within the Melrose gated community in Mission Viejo at Pacific Hills. Located at the end of the cul-de-sac with plenty of parking space - 2 cars in the attached garage and an additional 2 along the driveway. No need to preview ... Shows Like a Model!! Upon entering the home, you will notice the large, vaulted ceiling that allows for sunlight to beam through every window at your formal Living Room & Dining Room. The gourmet kitchen has been completely renovated with a generous island (Fridge included) that opens to your family room and is perfect for entertaining. Heading upstairs you will find the 3 spacious secondary bedrooms and your primary suite at the opposite end of the hallway. The Primary Suite features a large walk-in closet, stand up shower, jacuzzi tub and dual sinks. Your enclosed laundry room is conveniently located upstairs (washer and dryer included) with an additional guest bathroom as well. Your private backyard is the perfect for relaxing, or to have friends over for a BBQ and the pets can roam around while still having privacy around the lot. The community has a beautiful pool and spa in addition to the Lake Mission Viejo privileges, award-winning schools and much more. You can show this with complete confidence - It Is AWESOME ~ a 10++ (THIS IS A 100% DETACHED HOME)
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1996
- Lot Size
- 4,500 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1.0 / Month
Neighborhood Insights
Mission Viejo Unified Schools
Bathgate Elementary School
Grades K-5 • 0.7 mi
7/10
Philip J. Reilly Elementary/Special Education
Grades K-5 • 1.9 mi
8/10
Newhart Middle School
Grades 6-8 • 0.7 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.7 |
| Square foot | 1,906 | 1,991.55 |
| Lot Size | 4,500 | 6,066.337 |
| Price | $1.20M | $1.37M |
| Price per sq ft | $627 | $682 |
| Built year | 1996 | 1977 |
| HOA | $1.0 | $221 |
| Days on market | 7 | 47 |
Pricing History
Listed for Sale
Sep 2, 2026
$1,195,000
Initial Listing
Sold
Nov 17, 2006
$665,000
Public Record
Sold
Dec 16, 2005
$669,500
Public Record
Sold
Jun 19, 2003
$446,000
Public Record
Sold
Mar 28, 2001
$320,000
Public Record
Sold
Dec 29, 1995
$211,000
Public Record