1400 Lasso Way 203, Rancho Mission Viejo, California 92694, Rancho Mission Viejo, - bed, bath

home-pic
ACTIVE$725,000
1400 Lasso Way 203, Rancho Mission Viejo, California 92694
2Beds
2Baths
1,377Sqft
Lot
Year Built
2023
Close
-
List price
$725K
Original List price
$730K
Price/Sqft
-
HOA
$604.9
Days on market
-
Sold On
-
MLS number
250037943SD
Home ConditionExcellent
Features
Good View:
Deck
View-

About this home

Seller offering credit for rate buy-down! Welcome to your dream home in Rancho Mission Viejo’s coveted Rienda Community. Amazing deal for right buyer, assumable mortage! This stunning second-floor residence blends comfort and sophistication with a rare single-level floor plan offering 2 bedrooms, 2 full baths, and a versatile den, perfect as a home office, sitting area, or hobby space. The open-concept design connects the kitchen, dining, and living areas into one inviting Great Room with access to a private balcony for outdoor relaxation. The modern kitchen features a spacious island with stainless basin sink, quartz countertops, soft-close cabinetry, and stainless steel appliances including a WiFi-enabled oven with gas range. The stylish primary suite is privately situated opposite the secondary bedroom and boasts a walk-in shower, dual vanities, and walk-in closet. Solar owned. Additional upgrades include beautiful flooring, window shutters, tankless water heater, and fully paid solar. Convenience abounds with direct access one-car garage plus in-unit full-size washer and dryer. Enjoy resort-style amenities: multiple pools, the 20,000 sq. ft. Lagoon, Boulder Pond and playground, parks, trails, Ranch Camp, fitness center, firepits, lounges, dog park, pickleball, tennis, and the future Rienda K-8 school. Experience the best of California living in Rancho Mission Viejo! Welcome to Portico in Rancho Mission Viejo’s highly sought-after Rienda community—where modern living meets resort-style amenities and the California lifestyle shines. Living here means more than just owning a home; it’s about experiencing a vibrant community designed for connection, wellness, and recreation. Residents enjoy unmatched amenities including multiple swimming pools, the spectacular 20,000 sq. ft. Lagoon Pool, Boulder Pond and playground, scenic walking and biking trails, Ranch Camp fitness and gathering spaces, firepits and lounges, dog park, pickleball and tennis courts, and the upcoming Rienda K-8 school—all just steps from your door. This beautifully designed second-floor Portico residence offers rare single-level living with 2 bedrooms, 2 full baths, and a flexible den that can serve as a home office, cozy retreat, or creative space. The open-concept Great Room seamlessly connects kitchen, dining, and living areas, extending to a private balcony perfect for relaxing outdoors. The sleek kitchen features a large island with quartz countertops, stainless steel appliances, soft-close cabinetry, and WiFi-enabled gas range. The spacious primary suite, thoughtfully separated for privacy, boasts a walk-in shower, dual sinks, and walk-in closet. Modern comforts include beautiful flooring, shutters, tankless water heater, paid solar, direct-access garage, and full-size washer/dryer. Portico at Rienda offers more than a home—it offers a lifestyle. Come experience the best of Rancho Mission Viejo living!

Price History

Date
Event
Price
09/17/25
Price Change
$725,000-0.7%
09/02/25
Listing
$730,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (49 Listings)
Beds23
44%
Baths23
20%
Square foot1,3771,534
28%
Lot Size0277,248
Price$725K$850K
16%
Price per square foot$527$559
10%
Built year202310076008
70%
HOA$604.9$359.5
70%
Days on market64185
6%
Condition Rating
Excellent

This property was built in 2023, making it virtually brand new. The description highlights a modern kitchen with stainless steel appliances, quartz countertops, and soft-close cabinetry, along with stylish bathrooms featuring walk-in showers and dual vanities. Additional upgrades like new flooring, window shutters, a tankless water heater, and owned solar confirm that all components are new, meet current quality standards, and show no signs of depreciation or deferred maintenance. The images further support a pristine, move-in ready condition.
Pros & Cons

Pros

Exceptional Resort-Style Amenities: Residents enjoy access to a vast array of community amenities including multiple pools, a 20,000 sq. ft. Lagoon, fitness center, parks, trails, and sports courts, fostering a vibrant and active lifestyle.
New Construction & Premium Upgrades: Built in 2023, the home boasts modern finishes, beautiful flooring, window shutters, a tankless water heater, and a high-end kitchen equipped with quartz countertops and stainless steel appliances.
Significant Financial Advantages: The seller is offering a rate buy-down credit and an assumable mortgage option, coupled with fully owned solar panels, which collectively reduce both upfront and long-term ownership costs.
Functional & Flexible Single-Level Layout: This rare second-floor single-level floor plan includes a versatile den, ideal for a home office, sitting area, or hobby space, enhancing livability and adaptability for various needs.
Desirable Community Location: Situated in the highly sought-after Rienda community of Rancho Mission Viejo, known for its modern living, strong community connection, and the convenience of a planned future K-8 school.

Cons

Substantial Monthly Association Fees: The monthly association fee of $604.90 is relatively high, adding a significant recurring expense to the overall cost of homeownership.
Second-Floor Location: Despite offering single-level living inside, being a second-floor unit may present accessibility challenges or be less appealing to buyers who prefer ground-level entry or greater privacy.
Recent Price Adjustment: A recent price reduction from the original listing price could indicate a slower market response or that the initial pricing was slightly above market expectations.

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