25362 Posada Lane, Mission Viejo, CA 92691

$1,650,000
4
BD
4
BA
2,189
SqFt

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Sold Price
$1,650,000
List Price
$1,649,000
Closing Date
Feb 23, 2024
Status
CLOSED
MLS#
PW23216341
Year Built
1967
Bedrooms
4
Bathrooms
4
Living Sq. Ft
2,189
Lot Size
6,600
Acres
0.15
Lot Location
2-5 Units/Acre
Days on Market
42
Property Type
Single Family Residential
Style
Spanish
Property Sub Type
Single Family Residence
Stories
Three Or More Levels
Neighborhood
La Paz (Central) (Lp)

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!

Additional Information

HOA
26
Frequency
Monthly
Association Amenities
Pool, Spa/Hot Tub
Appliances
Double Oven, Dishwasher, Electric Oven, Electric Range
Pool
Yes
Pool Description
Fenced, Gas Heat, Heated, In Ground, Private, Association
Fireplace Description
Living Room
Heat
Forced Air
Cooling
Yes
Cooling Description
Central Air
View
City Lights, Mountain(s)
Exterior Construction
Drywall, Stucco
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
School District
Saddleback Valley Unified
High School
Mission Viejo
Attached Structure
Detached
Number Of Units Total
1

Listing courtesy of Listing Agent: Ryan Eldred (reldred82@gmail.com) from Listing Office: First Reliant, Inc..

Listing sold by Ramin Ghazi from Ramin Ghazi Real Estate

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.