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24055 Paseo Del Lago 1255, Laguna Woods, California 92637, Laguna Woods, 92637 - 1 bed, 2 bath

24055 Paseo Del Lago 1255, Laguna Woods, California 92637 home-pic-0
ACTIVE$120,000$975/sqft
24055 Paseo Del Lago 1255, Laguna Woods, California 92637
1Bed
2Baths
975Sqft
1,000Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
All-Inclusive Living & Extensive Services: The monthly fee covers a $500 dining credit, housekeeping, electricity, water, trash, and basic cable, offering a truly hassle-free and convenient lifestyle for residents.
Top Cons:
Exorbitant Association Fee: The monthly association fee of $2,855.84 is exceptionally high, which could be a significant barrier to entry and limit the pool of eligible buyers, despite the extensive inclusions.

Compared to the nearby listings

Price:$120.0K vs avg $500.0K ($-380,000)4%
Size:975 sqft vs avg 1,162 sqft18%
Price/sqft:$123 vs avg $4424%

More Insights

Built in 1974 (52 years old).
Condition: Built in 1974, this property is aged but appears well-maintained and functional. While the kitchen is described as 'remodeled,' the images reveal dated white cabinets, laminate countertops, older white appliances, and a small portable cooktop, suggesting a renovation that is likely 15-25 years old rather than recent. The bathrooms also feature dated vanities, fixtures, and tile. The carpet and light fixtures throughout the unit are not contemporary. The property is move-in ready but shows its age and would benefit from significant cosmetic updates to meet current quality and style standards.
Year Built
1974
Close
-
List price
$120K
Original List price
$150K
Price/Sqft
$123
HOA
$2,855.84
Days on market
-
Sold On
-
MLS number
OC25201252
Home ConditionFair
Features
Good View: City Lights, Canyon, Hills, Panoramic
Deck
ViewCity Lights,Canyon,Hills,Panoramic

About this home

This is a highly sought after "G" floor plan at the Towers, with gorgeous views of the Southern California Sunsets! This home has a huge bedroom and 1.5 bathrooms. The dining room and living room lead to the step out balcony that runs the length of the home. The kitchen has been remodeled and features a 2 burner cook top, fridge plus an added bar with more storage and counter space. The master bedroom is massive and has a walk in closet plus a slider to the deck and an en suite bathroom with shower. The home also features a convenient guest half bathroom at the entry. Located in Laguna Woods, a SENIOR community, the Towers features many amenities. Currently INCLUDED in the monthly fee are: a monthly $500 dining credit to use in the 2 dining rooms, housekeeping, electiricty, water, trash, basic cable, plus on site activities: live entertainment, bingo, movies, exercise classes, card rooms, parties & more! Living in Laguna Woods means access to a bus system around the community, to area shopping, restaurants, medical facilities; 5 pools & 4 hot tubs; 27-hole golf course, tennis, library, state-of-the art crafts facility, 7 clubhouses, 200+ clubs, 3 fitness centers, theater, horseback riding/stables, garden centers, basketball, billiards, bocce ball, Emeritus classes & more! Come enjoy resort style living at its best!

J
Jennifer Falconer
Listing Agent
Condition Rating
Fair
Built in 1974, this property is aged but appears well-maintained and functional. While the kitchen is described as 'remodeled,' the images reveal dated white cabinets, laminate countertops, older white appliances, and a small portable cooktop, suggesting a renovation that is likely 15-25 years old rather than recent. The bathrooms also feature dated vanities, fixtures, and tile. The carpet and light fixtures throughout the unit are not contemporary. The property is move-in ready but shows its age and would benefit from significant cosmetic updates to meet current quality and style standards.
Pros & Cons

Pros

All-Inclusive Living & Extensive Services: The monthly fee covers a $500 dining credit, housekeeping, electricity, water, trash, and basic cable, offering a truly hassle-free and convenient lifestyle for residents.
Unparalleled Resort-Style Amenities: Residents enjoy access to a vast array of community amenities including multiple pools, golf courses, tennis courts, fitness centers, numerous clubs, and a bus system, fostering an active and engaging senior lifestyle.
Panoramic Sunset Views: The property boasts gorgeous, panoramic views of Southern California sunsets, city lights, canyons, and hills, significantly enhancing its aesthetic appeal and living experience.
Remodeled Kitchen & Desirable Floor Plan: Features a remodeled kitchen with added storage and counter space, complemented by a highly sought-after 'G' floor plan, a massive master bedroom with a walk-in closet, and a convenient guest half bathroom.
Private, Full-Length Balcony: A step-out balcony running the entire length of the home provides private outdoor space, perfect for enjoying the views and fresh air.

Cons

Exorbitant Association Fee: The monthly association fee of $2,855.84 is exceptionally high, which could be a significant barrier to entry and limit the pool of eligible buyers, despite the extensive inclusions.
Age-Restricted Community: Located within a dedicated senior community, the property's market appeal is restricted to a specific demographic, potentially leading to longer market times and fewer interested buyers.
History of Price Reductions: The property has undergone multiple significant price reductions from its original listing, suggesting challenges in market valuation or buyer interest at higher price points, possibly due to the high ongoing costs.
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