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Key Details
Sold Price $1,650,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,189 sqft
Price per Sqft $753
Subdivision La Paz (Central) (Lp)
MLS Listing ID PW23216341
Bedrooms 4
Full Baths 3
Half Baths 1
Condo Fees $26
HOA Fees $26/mo
Year Built 1967
Lot Size 6,599 Sqft
Property Description
Welcome to Posada California. This central Mission Viejo home has it all. Enjoy sweeping mountain and city views from the back patio, living room, and master bedroom, relax poolside on a sunny So Cal day, warm up in the hot tub under the stars, and relax in style with a book near the cozy living room fireplace. The well laid out floorplan makes the home feel much larger than one would expect at this square footage. The home is equipped with 2 master suites and 2 very large secondary bedrooms, making it a great fit for any size family. The large lot and fully fenced in front and back yard make it safe and fun for kids and pets year round. Mature landscape all around the property helps maintain incredible privacy for a suburban home. The tasteful Spanish style exterior flows perfectly around the property. Posada CA currently generates over $200k/yr in gross rental income as a short term rental with many guests paying $1000/night or more in the summer season. Guests travel from all around the world to stay in this property and visit OC for beaches, Disney, and more due to its convenient location that is 20 minutes or less from all the biggest OC attractions. Not only would this property be a fantastic full time or 2nd home, but Mission Viejo is one of the few areas of OC where there Short Term Rentals are legal, giving less competition to this turnkey business than many other popular STR markets. Income documentation is available upon request. Come see this one while it's still here!
Location
State CA
County Orange
Area Mc - Mission Viejo Central
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Type Living Room
Laundry In Garage
Exterior
Garage Spaces 2.0
Garage Description 2.0
Fence Wood
Pool Fenced, Gas Heat, Heated, In Ground, Private, Association
Community Features Curbs, Street Lights, Suburban, Sidewalks
Amenities Available Pool, Spa/Hot Tub
View Y/N Yes
View City Lights, Mountain(s)
Building
Lot Description 2-5 Units/Acre
Story 3
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Mission Viejo
School District Saddleback Valley Unified
Others
Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, FHA, Fannie Mae, Freddie Mac, VA Loan
Special Listing Condition Standard
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Bought with Ramin Ghazi • Ramin Ghazi Real Estate
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Paul Ward
Broker Associate | License ID: 01354001
Broker Associate License ID: 01354001
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