29746 Michelis Street, Laguna Niguel, California 92677, Laguna Niguel, 92677 - 3 bed, 3 bath

29746 Michelis Street, Laguna Niguel, California 92677 home-pic-0
ACTIVE$1,375,000
29746 Michelis Street, Laguna Niguel, California 92677
3Beds
3Baths
2,283Sqft
5,000Lot
Year Built
1991
Close
-
List price
$1.38M
Original List price
$1.38M
Price/Sqft
$602
HOA
-
Days on market
-
Sold On
-
MLS number
OC25265110
Home ConditionFair
Features
Good View: Trees/Woods
Patio
ViewTrees/Woods

About this home

Great Deal:The estimated price is 4% above the list price. We found 3 Cons,5 Pros. Rank: price - $1.38M(27th), sqft - 2283(53th), beds - 3(45th), baths - 3(50th).

YES, You CAN be home for the Holidays!! (Pictures will be in Monday) Located in the highly desirable Laguna Crest community of Laguna Niguel, 29746 Michelis Street presents a rare opportunity to own in one of South Orange County’s most sought-after neighborhoods. This 3-bedroom, 2.5-bathroom home offers over 2,200+ square feet of living space and is ideally situated just minutes from parks, shopping, award-winning schools, and the coveted coastal Southern California lifestyle. This is a trust sale, and the property is being sold as-is, offering a blank canvas for the next owner to restore or reimagine. The layout includes a formal living room off the entry and a kitchen that opens to a private backyard and patio, bordered by sloped greenery that offers an added sense of seclusion. An attached two-car garage completes the home’s footprint. With solid bones, a prime location, and exceptional upside potential, this home is ideal for investors or buyers ready to create their vision in Laguna Niguel.

Price History

Date
Event
Price
11/22/25
Listing
$1,375,000
Condition Rating
Fair

Built in 1991, this property is 33 years old and is explicitly described as an 'as-is' trust sale, a 'blank canvas' needing to be 'restored or reimagined.' While the exterior appears well-maintained and the listing notes 'solid bones,' the interior, including the kitchen and bathrooms, is highly likely to be original and outdated, requiring significant cosmetic and functional updates. This aligns with the 'Fair' category, indicating an aged home with functional but outdated major components that requires minor to moderate updates and repairs to meet current standards, rather than substantial structural rehabilitation.
Pros & Cons

Pros

Prime Location: Located in the highly desirable Laguna Crest community of Laguna Niguel, offering excellent proximity to parks, shopping, award-winning schools, and the coveted Southern California coastal lifestyle.
Significant Upside Potential: Described as a 'blank canvas' with 'solid bones' and 'exceptional upside potential,' making it an ideal opportunity for investors or buyers seeking to customize and add substantial value.
Desirable Neighborhood: Situated in one of South Orange County’s most sought-after neighborhoods, which contributes to strong long-term appeal and property value.
Private Outdoor Space: Features a private backyard and patio bordered by sloped greenery, providing a sense of seclusion and a pleasant outdoor living area.
Spacious Layout: Offers over 2,200+ square feet of living space with 3 bedrooms and 2.5 bathrooms, including a formal living room, providing ample room for comfortable living.

Cons

As-Is Condition (Trust Sale): The property is being sold 'as-is' as part of a trust sale, which typically implies that the seller will not make repairs and the buyer should anticipate potential necessary renovations or updates.
Requires Renovation/Restoration: Presented as a 'blank canvas' needing to be 'restored or reimagined,' indicating that the property is not move-in ready and will require significant investment in updates and modernization.
Original Construction (1991): Built in 1991, the property may feature original systems and finishes that could require modernization or replacement in the near future, adding to potential buyer costs.

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