516 Calle Aragon C, Laguna Woods, California 92637, Laguna Woods, - bed, bath

home-pic
ACTIVE$359,900
516 Calle Aragon C, Laguna Woods, California 92637
2Beds
2Baths
953Sqft
953Lot
Year Built
1966
Close
-
List price
$360K
Original List price
$370K
Price/Sqft
-
HOA
$761
Days on market
-
Sold On
-
MLS number
OC25209848
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Welcome to 516-C Calle Aragon – a single-level, end-unit, two-bedroom, one-and-a-half bath SAN SEBASTIAN residence in the Laguna Woods senior community. This residence is centrally located within Gates 1-4 far from busy streets and noisy highways. Part of the front patio has been enclosed to create a versatile additional indoor space (not included in the overall square footage). The back door opens to a large common patio that is shared with the other two units in the building. This property is in mostly original condition and provides a tremendous opportunity for a new owner to bring their own design ideas to create a customized showcase home. Heating/cooling wall units are located in the dining area and primary bedroom. The “jack and jill” bathroom shares a tub/shower combo. The assigned carport has additional cabinet storage. There is ample guest parking in the large cul-de-sac as well as convenient street parking just steps from the residence. This residence is a short walk to Laguna Woods’ Performing Arts Center (Clubhouse 3) which offers a variety of entertainment throughout the year. Do not miss this great opportunity!

Price History

Date
Event
Price
10/17/25
Price Change
$359,900-2.7%
09/09/25
Listing
$369,900
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (148 Listings)
Beds22
50%
Baths22
50%
Square foot9531,010
30%
Lot Size9530
8%
Price$360K$375K
46%
Price per square foot$378$367
53%
Built year19661966
50%
HOA$761$761.02
35%
Days on market57184
1%
Condition Rating
Poor

Built in 1966 and described as being in 'mostly original condition,' this property requires substantial rehabilitation. The kitchen features very dated cabinets, laminate countertops, and an older cooktop, necessitating a complete overhaul. The bathroom also presents with an outdated vanity, laminate countertop, and an old-style shower enclosure and fixtures. Heating and cooling are provided by inefficient wall units, and the flooring (carpets, older tiles) and light fixtures are significantly dated. While not unlivable, the property's original state from 58 years ago makes it very uncomfortable and inefficient by modern standards, requiring extensive modernization.
Pros & Cons

Pros

Prime Community Location: Centrally located within Gates 1-4, away from busy streets and noisy highways, and a short walk to Laguna Woods’ Performing Arts Center (Clubhouse 3), offering convenience and quiet.
Single-Level End Unit: As a single-level, end-unit residence, it offers enhanced privacy, fewer shared walls, and easy accessibility, which is highly desirable in a senior community.
Versatile Additional Space: Part of the front patio has been enclosed to create a versatile additional indoor space, expanding the functional living area not included in the overall square footage.
Ample Parking & Storage: The property includes an assigned carport with additional cabinet storage, complemented by ample guest parking in the cul-de-sac and convenient street parking.
Customization Opportunity: Being in mostly original condition, this property presents a tremendous opportunity for a new owner to personalize and modernize the space to their exact design preferences.

Cons

Extensive Renovation Required: The property is in mostly original condition, indicating that significant investment will be required for updates and modernization to meet contemporary standards and buyer expectations.
High Monthly Association Fee: The substantial monthly association fee of $761 represents a significant ongoing cost that will impact the overall affordability and long-term financial commitment for a homeowner.
Stock Cooperative Ownership: The 'Stock Cooperative' sub-type of ownership can present unique challenges, including specific financing requirements and potential restrictions, which may narrow the pool of eligible buyers.

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