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1501 Lasso Way, 303, Rancho Mission Viejo, CA 92694

$729K2bd · 2ba · 1,251 sqft
Lot 50,668 sqft•HOA $246/mo•Condominium•
Active
•165d on market•MLS# OC-26090510

Property Description

Welcome to this beautifully appointed third-floor, single-level condo in the sought-after Rienda neighborhood of Rancho Mission Viejo. Featuring stylish vinyl flooring and recessed lighting throughout, this home offers a bright and modern living space. The open-concept kitchen is designed for both function and style, showcasing white cabinetry, a spacious center island, and stainless steel appliances, all flowing seamlessly into the inviting living room with access to a private balcony—perfect for relaxing or entertaining. The primary suite offers a peaceful retreat with an en suite bathroom featuring dual sinks and a walk-in closet. A secondary bedroom is conveniently located near a full bathroom, providing comfort and flexibility for guests, plus a separate area that can be used as a home office or den. Additional highlights include a detached one-car garage. An owned 8-Panel solar system ensures energy efficiency and savings. Enjoy the best of resort-style living with access to Rancho Mission Viejo’s exceptional amenities, including multiple pools, pickleball and bocce ball courts, fitness centers, clubhouse, arcade room, and a vibrant calendar of year-round community events. Ideally located near the scenic Boulder Pond, top-rated schools, shopping, dining, beautiful beaches, and easy access to the 241 Toll Road—this home offers the perfect blend of comfort, convenience, and community.

Features & Amenities

FeeBuilt 2023

Property Details

Land Type
Fee
Year Built
2023
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air, Electric
View
City Lights, Hills, Mountain(s), Park/Greenbelt, Trees/Woods
Flooring
Vinyl
Roof
Flat Tile
City
Rancho Mission Viejo
Zip Code
92694
County
Orange
Listed byRedfin, Ginger Huetsch

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,686.22
Principal & Interest
Loan Amount
$583,200
Total Interest
$743,839
Total Payment Over 30 Years
$1,327,039
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1501 Lasso Way, 303, Rancho Mission Viejo, CA 92694

Rancho Mission Viejo · Condominium

$729K
Affordable Tier
Beds
2
Baths
2
Sqft
1,251
Lot
1.16 ac
Year
2023
$/Sqft
$583
Pool: Yes✓
Spa: Yes✓
View: city✓
Garage: 1-car✓

Listed 8.0% above the median closed sale of $675,000. Expect a longer timeline — comps averaged 130 days on market.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $729K· $583/sqft
Total list price
Closed comps
vs closed median $675K
+$54K (+8.0%)
Active comps
vs active median $689K
+$40K (+5.8%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $605
−$22 (−3.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1501 LassoRancho Mission Viejo2023221,20450,668$572$689,0006495
1501 Lasso WayRancho Mission Viejo2023221,08950,668$642$699,000293
1500 Lasso WayRancho Mission Viejo2023221,03650,668$642$665,000091
1300 Lasso WayRancho Mission Viejo2023221,251111,338$624$780,0007289
1000 LassoRancho Mission Viejo2023221,251111,338$547$684,90012289
Total: 5 · Average2.02.01,166.274,936$605.4$703,58052
Median1,204$689,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1200 Lasso WayRancho Mission Viejo202306/05/2026221,2510$689,000$689,000$5511.005495
1100 Lasso WayRancho Mission Viejo202307/17/2026221,0360$650,000$650,000$6271.0017593
1401 Lasso WayRancho Mission Viejo202206/09/2026221,0360$649,900$649,900$6271.0011788
1000 Lasso WayRancho Mission Viejo202207/20/2026221,036111,338$670,000$675,000$6521.015286
908 Sunrise RoadRancho Mission Viejo202405/20/2026221,2971,700$999,900$982,000$7570.9825085
Total: 5 · Average2.02.01,131.256,519$729,180$729,180$642.8—129.6
Median1,036$675,000$675,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.