83 Ocaso, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, 92694 - 3 bed, 4 bath

83 Ocaso, Rancho Mission Viejo, California 92694 home-pic-0

83 Ocaso

Rancho Mission Viejo, California 92694

ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
2,073Sq Ft
4,569Lot Size

Property Price

LIST PRICE$1,369,900
EST. MARKET VALUE
$1,317,459
3% AboveMARKET VALUE

SUMMARY

Analysis of 83 Ocaso, Rancho Mission Viejo, California 92694 reveals a property with a current list price of $1,369,900, which is 3% above the estimated $1,317,459 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Rancho Mission Viejo 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.

Estimated Market Value

$1,317,459
Based on Realkey algorithm analyzing recent comparable sales in Rancho Mission Viejo.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
83 Ocaso
Subject
$1,369,900*
List Price
342,073$636-
A
164 Luneta Lane
Sold
$1,190,000232,006$5930.4 mi
B
147 Luneta Lane
Sold
$1,199,000232,006$5980.4 mi
C
31 Alienta Lane
Sold
$1,225,000221,914$6400.2 mi
D
26 Paranza Place
Sold
$1,400,000432,144$6530.1 mi
E
28 Paranza
Sold
$1,325,000432,234$5930.2 mi
F
44 Jarano Street
Active
$1,550,000
List Price
442,581$6010.1 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Built in 2019, this home is well within the 10-year threshold for an excellent rating. The property features a modern open-concept layout with high-end finishes, including a contemporary kitchen with premium appliances and a spa-inspired primary bathroom. All systems and components are virtually new, meeting current market standards with no evidence of deferred maintenance.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Wagon Wheel Elementary School (9/10). Middle School: Ladera Ranch Middle School (9/10).

  • Oversized Premier Lot

    The 4,569 sq ft lot is exceptionally large for this model in Rancho Mission Viejo, providing rare outdoor space, enhanced privacy, and superior curb appeal.

  • Versatile Modern Layout

    The floor plan features a highly functional first-floor bonus room and 3.5 bathrooms, offering the flexibility needed for a home office, gym, or guest suite.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Living area discrepancy between mls listing and other public or private record. mls listing living area = 2073, other record living area = 2018.

  • High Monthly HOA Fees

    The $357 monthly association fee, combined with the premium listing price, results in high recurring carrying costs for the homeowner.

  • High-Density Environment

    Despite the larger lot size, the property is situated within a master-planned community where homes are built in close proximity, which may limit peripheral privacy.

About 83 Ocaso

Welcome to 83 Ocaso Street, a beautifully appointed home set on a premier, oversized lot in the heart of Rancho Mission Viejo—a rare find for this model. Offering 2,073 square feet of living space on an expansive 4,569 sq ft lot, this property delivers extra outdoor space and privacy that truly sets it apart. Designed for modern California living, the home features 3 bedrooms, 3.5 bathrooms, and a versatile first-floor bonus room—ideal for a home office, gym, playroom, or guest space. The open-concept main living area is light and bright, flowing seamlessly through the living, dining, and kitchen spaces for effortless entertaining and everyday comfort. Upstairs, the bedrooms are generously sized, highlighted by a relaxing primary suite with a spa-inspired bath and ample closet space. Outside, the larger-than-most lot creates the perfect backdrop for outdoor dining, entertaining, gardening, or simply enjoying the SoCal lifestyle. Located in one of Orange County’s most desirable master-planned communities, residents enjoy access to resort-style pools, fitness centers, parks, trails, and top-rated schools. With its flexible floor plan and standout lot size, 83 Ocaso Street is a special opportunity in Rancho Mission Viejo.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
2019
Lot Size
4,569 Sq. Ft.

Interior

Total Bedrooms
3
Total Bathrooms
4 (4 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$357.0 / Month

Neighborhood Insights

Rancho Mission Viejo Unified Schools

Wagon Wheel Elementary School

Grades K-5 • 1.9 mi

9/10

Oso Grande Elementary School

Grades K-5 • 2.3 mi

8/10

Harold Ambuehl Elementary School

Grades K-5 • 5.6 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds3.04.0
44%
Baths4.03.0
64%
Square foot2,0732,264
39%
Lot Size4,5694,105
60%
Price$1.37M$1.50M
41%
Price per sq ft$661$639
60%
Built year20192015
66%
HOA$357.0$330
66%
Days on market44184
5%

Pricing History

Listed for Sale

Jan 22, 2026

$1,369,900

Initial Listing

Sold

Nov 30, 2022

$1,150,000

Public Record

Sold

Sep 26, 2019

$788,000

Public Record

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