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27897 Cinnamon, Mission Viejo, CA 92691

$589K2bd · 1ba · 800 sqft
Lot 311,358 sqft•HOA $505/mo•Condominium•
Active
•49d on market•MLS# OC-26186801

Property Description

Welcome to this beautifully maintained upper-level condo in the desirable Rainbow Ridge community of Mission Viejo. This thoughtfully maintained 2-bedroom residence offers a flexible, functional layout designed to adapt to the rhythms of everyday life. The open-concept layout creates a bright, airy feel. The second bedroom lends itself effortlessly to a variety of uses, whether as a home office, guest room, or an extension of the main living space, providing versatility to fit a range of needs. The kitchen is both practical and inviting, offering generous workspace, ample cabinetry, and a natural flow into the dining and living areas, making it well suited for both daily routines and casual gatherings. The unit includes a washer. Residents of Rainbow Ridge can enjoy the ease of access to a nearby shopping plaza without a long drive. The shopping plaza is within 5 minuts walk or less than 3 minutes drive. The drive to Laguna Beach is only about 27 minutes or less. Residents of Rainbow Ridge enjoy access to community pools and a spa. Ownership also includes membership to Lake Mission Viejo, offering access to private beaches, boating, paddleboarding, summer concerts, and a variety of seasonal events and recreational activities throughout the year.

Features & Amenities

FeeBuilt 1981

Property Details

Land Type
Fee
Year Built
1981
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Park/Greenbelt, Trees/Woods
Flooring
Laminate, Tile
Roof
Flat
City
Mission Viejo
Zip Code
92691
County
Orange
Listed byUnknown Office, Steve Faghih

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,978.30
Principal & Interest
Loan Amount
$471,200
Total Interest
$600,990
Total Payment Over 30 Years
$1,072,190
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

27897 Cinnamon, Mission Viejo, CA 92691

Mission Viejo · Condominium

$565K
Affordable Tier
Beds
2
Baths
1
Sqft
800
Lot
7.15 ac
Year
1981
$/Sqft
$706
Pool: Yes✓
Spa: Yes✓
View: Park/Greenbelt, Trees/Woods✓
Garage: 1-car✓

Listed 9.7% above the median closed sale of $515,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $565K· $706/sqft
Total list price
Closed comps
vs closed median $515K
+$50K (+9.7%)
Active comps
vs active median $589K
−$24K (−4.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $667
+$39 (+5.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
23351 La GlorietaMission Viejo1985218120$658$534,000296
27792 ZirconMission Viejo1985219420$648$610,0002792
27808 VioletMission Viejo198921840106,139$701$589,0001891
210 California CourtMission Viejo199322843413,109$735$620,0003287
26037 Via PeraMission Viejo197221932168,795$595$554,9009087
Total: 5 · Average2.01.2873.8229,347.667$667.4$581,58033.8
Median843$589,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
27743 ZirconMission Viejo198508/20/2026217800$535,000$535,000$6861.003497
27868 AuburnMission Viejo198508/21/202621800120,660$499,999$490,000$6120.987694
26828 TurquoiseMission Viejo198508/07/2026117800$499,000$505,000$6471.018092
23341 La GlorietaMission Viejo198105/27/202621790107,764$529,000$525,000$6650.995591
26302 Los ViverosMission Viejo198306/08/202621790111,077$525,000$515,000$6520.983390
Total: 5 · Average1.81.0788113,167$514,000$514,000$652.4—55.6
Median790$515,000$515,000

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.