
1501 Lasso, 202, Rancho Mission Viejo, CA 92694
1501 Lasso, 202, Rancho Mission Viejo, CA 92694
Property Description
SELLER OFFERING UP TO $25,000 BUYER CREDIT — MAY BE USED TOWARD ELIGIBLE CLOSING COSTS AND/OR A TEMPORARY 3-2-1 RATE BUYDOWN. Newer construction, effortless living, and the Rancho Mission Viejo lifestyle come together in this 2023 Lennar-built residence in Rienda. A second-floor, single-level floor plan puts two bedrooms, two full baths, and approximately 1,204 square feet of open, light-filled space all on one level. An attached private one-car garage, leased solar, and lovely views complete the picture. The setting is the story here. Boulder Pond & Playground sits roughly [0.1] miles from the front door — a 3.5-acre pond with about half a mile of paths for morning laps and evening strolls. The Ranch’s amenity centers are approximately [0.5] miles from the home, bringing the fitness center, spa, and pools within easy reach, with Ranch Camp and The Rienda Plunge nearby as well. Beyond that: clubhouses, pickleball courts, parks, community farms, sports facilities, and miles of scenic trails. FINANCING INCENTIVE: Seller is offering up to a $25,000 credit to the buyer, which may be applied toward allowable closing costs and/or an eligible temporary 3-2-1 interest-rate buydown. A 3-2-1 buydown may reduce the buyer’s initial payment rate by up to 3 percentage points during the first year, 2 percentage points during the second year, and 1 percentage point during the third year before payments are based on the full note rate thereafter. Credit amount, availability, buyer eligibility, and buydown terms are subject to the accepted offer, lender approval, loan-program requirements, and applicable contribution limits. Buyer to verify all financing terms and eligibility with buyer’s lender. Low-maintenance, newer construction, and surrounded by recreation, this is Southern California living without the upkeep. Come experience what makes Rienda different.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Rancho Mission Viejo · Condominium
Listed 5.4% above the median closed sale of $654,000. Price per sqft ($572) is a 13% discount to closed comps ($659). Closed comps sold at 100% of list — strong seller's market.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1501 Lasso Way | Rancho Mission Viejo | 2023 | 2 | 2 | 1,089 | 50,668 | $642 | $699,000 | 3 | 97 |
| 1501 Lasso Way | Rancho Mission Viejo | 2023 | 2 | 2 | 1,251 | 50,668 | $583 | $729,000 | 164 | 96 |
| 1500 Lasso Way | Rancho Mission Viejo | 2023 | 2 | 2 | 1,036 | 50,668 | $642 | $665,000 | 1 | 95 |
| 1300 Lasso Way | Rancho Mission Viejo | 2023 | 2 | 2 | 1,251 | 111,338 | $624 | $780,000 | 73 | 91 |
| 1000 Lasso | Rancho Mission Viejo | 2023 | 2 | 2 | 1,251 | 111,338 | $547 | $684,900 | 122 | 90 |
| Total: 5 · Average | 2.0 | 2.0 | 1,175.6 | 74,936 | $607.6 | $711,580 | 72.6 | |||
| Median | 1,251 | $699,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1200 Lasso Way | Rancho Mission Viejo | 2023 | 06/05/2026 | 2 | 2 | 1,251 | 0 | $689,000 | $689,000 | $551 | 1.00 | 54 | 96 |
| 1100 Lasso Way | Rancho Mission Viejo | 2023 | 07/17/2026 | 2 | 2 | 1,036 | 0 | $650,000 | $650,000 | $627 | 1.00 | 175 | 94 |
| 1401 Lasso Way | Rancho Mission Viejo | 2022 | 06/09/2026 | 2 | 2 | 1,036 | 0 | $649,900 | $649,900 | $627 | 1.00 | 117 | 93 |
| 1301 Lasso Way | Rancho Mission Viejo | 2022 | 05/08/2026 | 2 | 2 | 1,089 | 111,338 | $649,900 | $654,000 | $601 | 1.01 | 105 | 87 |
| 833 Sunrise Road | Rancho Mission Viejo | 2023 | 05/18/2026 | 2 | 2 | 1,112 | 5,616 | $984,000 | $990,000 | $890 | 1.01 | 52 | 87 |
| Total: 5 · Average | 2.0 | 2.0 | 1,104.8 | 58,477 | $726,580 | $726,580 | $659.2 | — | 100.6 | ||||
| Median | 1,089 | $654,000 | $654,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.