510 Bluegrass Way, Rancho Mission Viejo, CA 92694
510 Bluegrass Way, Rancho Mission Viejo, CA 92694
Property Description
Discover the lifestyle and natural beauty of Rancho Mission Viejo in this thoughtfully designed three-level townhome located in the Mariposa neighborhood. Set within one of South Orange County’s fastest-growing master-planned communities, Rancho Mission Viejo encompasses a historic approximately 23,000-acre active ranch, with approximately 17,000 acres permanently protected as open space featuring scenic hillsides, natural landscapes, and an extensive trail system. Ideally positioned within the community, this light-filled residence offers a functional floor plan created for both comfortable everyday living and entertaining. The entry level welcomes you with a foyer, additional storage, and direct access to an oversized two-car garage with EV charging capability. Upstairs, the main living level brings the kitchen, dining area, and living room together in an open-concept design, with seamless indoor-outdoor flow to a spacious private deck. A secondary bedroom and full bathroom on this level offer excellent flexibility for guests, multigenerational living, or a dedicated home office. The upper level features the primary suite with a walk-in closet and spa-inspired bathroom, along with an additional bedroom and full bathroom, creating separation and privacy between living and sleeping spaces. Beyond the home, Rancho Mission Viejo offers an exceptional resort-style lifestyle with access to clubhouses, pools, fitness centers, sports courts, parks, playgrounds, community farms, hiking and biking trails, fire pits, outdoor gathering areas, dog parks, and scenic overlooks. The community continues to grow with new retail, dining, recreation, and lifestyle offerings, adding to its reputation as one of South Orange County’s most dynamic communities. Nearby conveniences and destinations include Canyon Coffee by Blue Hummingbird, Gelson’s Rancho Mission Viejo, The Backyard playground, and an extensive network of trails connecting throughout the community. The home is conveniently located near Esencia K-8 School, Tesoro High School, and the 241 Toll Road, with coastal destinations including Dana Point, San Clemente, and Laguna Beach approximately 15–20 miles away. Additional outdoor recreation can be found at the Sea Summit at Marblehead trails and throughout Rancho Mission Viejo’s preserved natural open space.
Features & Amenities
Property Details
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Comparative Market Analysis
Residential Tier · 5 active · 5 closed
Rancho Mission Viejo · Condominium
Listed 6.4% below the median closed sale of $935,000. Closed comps sold at 101% of list — strong seller's market.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 745 Hazel Dr | Rancho Mission Viejo | 2024 | 3 | 3 | 1,540 | 4,000 | $649 | $999,000 | 10 | 92 |
| 23 Hoya Street | Rancho Mission Viejo | 2013 | 3 | 3 | 1,505 | 231,425 | $624 | $939,500 | 31 | 88 |
| 41 Patria | Rancho Mission Viejo | 2016 | 3 | 3 | 1,490 | 0 | $604 | $899,900 | 86 | 87 |
| 230 Yearling Way | Rancho Mission Viejo | 2023 | 2 | 3 | 1,472 | 0 | $533 | $785,000 | 32 | 86 |
| 70 Concepcion | Rancho Mission Viejo | 2019 | 2 | 3 | 1,502 | 0 | $563 | $845,000 | 74 | 85 |
| Total: 5 · Average | 2.6 | 3.0 | 1,501.8 | 117,712.5 | $594.6 | $893,680 | 46.6 | |||
| Median | 1,502 | $899,900 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 27 Concepcion | Rancho Mission Viejo | 2020 | 10/05/2026 | 2 | 3 | 1,545 | 0 | $849,000 | $840,000 | $544 | 0.99 | 75 | 93 |
| 256 Hazel Dr | Rancho Mission Viejo | 2024 | 08/11/2026 | 3 | 3 | 1,596 | 1,800 | $898,000 | $928,000 | $581 | 1.03 | 33 | 93 |
| 115 Sunstone Place | Rancho Mission Viejo | 2024 | 08/28/2026 | 3 | 3 | 1,571 | 1,500 | $935,000 | $935,000 | $595 | 1.00 | 41 | 92 |
| 37 Sembrio | Rancho Mission Viejo | 2013 | 09/03/2026 | 3 | 3 | 1,648 | 1,850 | $950,000 | $935,000 | $567 | 0.98 | 35 | 90 |
| 200 Alienta Lane | Rancho Mission Viejo | 2018 | 07/20/2026 | 3 | 3 | 1,566 | 2,500 | $950,000 | $975,000 | $623 | 1.03 | 26 | 90 |
| Total: 5 · Average | 2.8 | 3.0 | 1,585.2 | 1,912.5 | $922,600 | $922,600 | $582 | — | 42 | ||||
| Median | 1,571 | $935,000 | $935,000 | ||||||||||
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.