11 Riviera, Coto De Caza, California 92679, Coto De Caza, - bed, bath

home-pic
ACTIVE$2,165,000
11 Riviera, Coto De Caza, California 92679
5Beds
5Baths
3,781Sqft
10,400Lot
Year Built
1989
Close
-
List price
$2.17M
Original List price
$2.3M
Price/Sqft
-
HOA
$353
Days on market
-
Sold On
-
MLS number
OC25077730
Home ConditionExcellent
Features
Good View: Neighborhood
Pool
Spa
Patio
ViewNeighborhood

About this home

ONE OF THE LOWEST HOMES (SFR) PRICE PER SQUARE FOOT IN COTO! Motivated Seller has substantially reduced the asking price. This property is priced to sell! * Sunset view lot with no street noise, flat street, double ended cul-de-sac * 5 Bedrooms + Office * 5 Bathrooms * Downstairs bedroom with ensuite bathroom * Huge master suite with sitting room, walk in closet, large bathroom * Huge 2nd master suite with ensuite bathroom * 2 Jack & Jill bedrooms with connecting bathroom * Marble and real wood flooring throughout * Pool, Spa, Built-in BBQ, and covered patio * 3 Car garage with 2 Tesla chargers * Re-piped with Pex * Recently Remodeled kitchen * Award-winning Capistrano Unified Schools * Flexible layout suitable for diverse living arrangements, multiple generations, working from home, etc. * All offers will be considered. * Seller financing will be considered - Seller Very Motivated!!

Nearby schools

9/10
Wagon Wheel Elementary School
Public,K-51.7mi
8/10
Tijeras Creek Elementary School
Public,K-51.9mi
5/10
Cielo Vista Elementary School
Public,K-62.8mi
7/10
Las Flores Elementary School
Public,K-52.9mi
7/10
Robinson Elementary School
Public,K-63.3mi
5/10
Harold Ambuehl Elementary School
Public,K-59.1mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-82.7mi
6/10
Marco Forster Middle School
Public,6-89.9mi
8/10
Trabuco Hills High School
Public,9-125.2mi
7/10
Mission Viejo High School
Public,9-125.2mi
8/10
San Juan Hills High School
Public,9-127.5mi

Price History

Date
Event
Price
08/09/25
Price Change
$2,165,000
04/09/25
Listing
$2,299,500
Condition Rating
Excellent

Despite being built in 1989, this property has undergone extensive, high-quality renovations as evidenced by the 'recently remodeled kitchen' with modern white shaker cabinets, stainless steel appliances, and updated countertops/backsplash. The bathrooms also feature contemporary finishes like frameless glass showers and updated vanities. Significant upgrades like 're-piped with Pex' and 'marble and real wood flooring throughout' indicate a property that has been brought up to current quality standards with no visible deferred maintenance, aligning with the 'Excellent' condition criteria for extensively renovated homes.
Pros & Cons

Pros

Exceptional Value Proposition: The property is highlighted as 'ONE OF THE LOWEST HOMES (SFR) PRICE PER SQUARE FOOT IN COTO!' with a substantially reduced asking price, positioning it as a strong value in the market.
Flexible & Spacious Layout: Featuring 5 bedrooms plus an office, 5 bathrooms, including a downstairs ensuite bedroom, two master suites, and Jack & Jill bedrooms, the layout is highly versatile for diverse living arrangements, multi-generational families, or working from home.
Extensive Upgrades & Amenities: Recent upgrades include a remodeled kitchen and Pex re-piping. The property also boasts marble and real wood flooring, a 3-car garage with 2 Tesla chargers, and a resort-like backyard with a pool, spa, built-in BBQ, and covered patio.
Prime Location Attributes: Located on a sunset view lot with no street noise, a flat street, and a double-ended cul-de-sac, offering a quiet and desirable setting. It's also within the award-winning Capistrano Unified School District.
Seller Flexibility & Motivation: The seller is highly motivated, has already reduced the price, and is open to considering all offers, including seller financing, indicating a strong willingness to facilitate a sale.

Cons

Age of Property: Built in 1989, the property is over 30 years old. While some systems are updated (kitchen, re-piped), potential buyers may have concerns about the condition or remaining lifespan of other major systems (e.g., HVAC, roof) not explicitly mentioned as replaced.
High Association Fees: The property carries a monthly association fee of $353.0, which is a significant recurring cost that adds to the overall expense of homeownership and may be a deterrent for some buyers.
Perception of Market Challenges: The repeated emphasis on 'motivated seller,' 'priced to sell,' and the offer of 'seller financing' could inadvertently suggest the property has faced challenges in selling or that there might be underlying issues, potentially leading to buyer skepticism or lower offers.

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