26896 Park Terrace Lane, Mission Viejo, California 92692, Mission Viejo, - bed, bath

home-pic
ACTIVE$749,900
26896 Park Terrace Lane, Mission Viejo, California 92692
2Beds
3Baths
1,317Sqft
18,392Lot
Year Built
1992
Close
-
List price
$750K
Original List price
$800K
Price/Sqft
-
HOA
$435
Days on market
-
Sold On
-
MLS number
LG25165534
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

This two-story townhome in Emerald Pointe offers the perfect balance of privacy and community amenities in a prime Mission Viejo location. Arrive to your 2-car attached garage with ample guest parking and a sunny, fenced front patio overlooking lush community landscaping. Inside, the light and open living area features a fireplace and a bay window, flowing into the dining area with bar countertop perfect for casual bites and conversation. The kitchen has a thoughtful layout with granite countertops and gas range. The lower level also includes a powder bath and direct garage access. Upstairs, two spacious bedroom suites each offer vaulted ceilings, generous closets, and private ensuite bathrooms. This layout provides larger suites than the 3-bedroom units in the neighborhood. Outside, your secluded patio is perfect for grilling and relaxation, with two community pools close by. Enjoy Lake Mission Viejo privileges including hiking, fishing, boating, and concerts in the park. Top-rated schools including Carl Hankey K-8 less than a mile away. Easy access to local dining, cafes, groceries, The Shops at Mission Viejo, parks, and hiking trails. An outstanding opportunity!

Nearby schools

6/10
Carl Hankey Elementary School
Public,K-50.3mi
8/10
Carl Hankey Middle School
Public,6-80.3mi
7/10
Newhart Middle School
Public,6-81.9mi
7/10
Capistrano Valley High School
Public,9-122.5mi

Price History

Date
Event
Price
08/19/25
Price Change
$749,900-6.3%
07/24/25
$799,900
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (8 Listings)
Beds23
33%
Baths33
50%
Square foot1,3171,543
33%
Lot Size18,392102,713
22%
Price$750K$850K
22%
Price per square foot$569$569
50%
Built year19921991
56%
HOA$435$480
22%
Days on market104147
22%
Condition Rating
Fair

Built in 1992, this townhome is well-maintained and clean, but its overall aesthetic, particularly in the kitchen and bathrooms, is dated. The kitchen features granite countertops, which is an upgrade, but the cabinets and appliances appear to be from the 90s or early 2000s. Bathrooms are functional but have dated laminate countertops, light fixtures, and tile. While move-in ready, the property would benefit from minor cosmetic updates to bring it to a more contemporary standard, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Location & Lake Privileges: Located in a prime Mission Viejo area, offering Lake Mission Viejo privileges (hiking, fishing, boating, concerts) and easy access to local dining, shopping, parks, and hiking trails.
Top-Rated Schools & Proximity: Part of the highly-rated Capistrano Unified School District, with top-rated Carl Hankey K-8 schools less than a mile away (0.3 miles).
Community Amenities & Outdoor Spaces: Features two community pools, lush landscaping, a sunny fenced front patio, and a secluded rear patio perfect for grilling and relaxation.
Functional & Spacious Interior: Boasts a light and open living area with a fireplace and bay window, a thoughtful kitchen with granite countertops and gas range, and two spacious bedroom suites with vaulted ceilings, generous closets, and private ensuite bathrooms, offering larger suites than typical 3-bedroom units.
Convenient Parking & Layout: Includes a 2-car attached garage with direct access, ample guest parking, and a convenient powder bath on the lower level.

Cons

High Association Fees: The monthly association fee of $435 is substantial and adds significantly to the overall cost of homeownership.
Recent Price Reduction: The property has undergone a recent price reduction from $799,900 to $749,900, which may suggest it was initially overpriced or has faced challenges in attracting buyers.
Limited Bedroom Count: With only two bedrooms, the property may appeal to a narrower buyer pool, despite the description highlighting larger suite sizes compared to 3-bedroom units in the neighborhood.

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