5500 W Paseo Del Lago W 3d, Laguna Woods, California 92637, Laguna Woods, - bed, bath

home-pic
ACTIVE UNDER CONTRACT$659,000
5500 W Paseo Del Lago W 3d, Laguna Woods, California 92637
3Beds
2Baths
1,656Sqft
281,046Lot
Year Built
1977
Close
-
List price
$659K
Original List price
$749K
Price/Sqft
-
HOA
$879.92
Days on market
-
Sold On
-
MLS number
OC25057780
Home ConditionGood
Features
Good View: Park/Greenbelt, Hills
ViewPark/Greenbelt, Hills

About this home

Welcome to this top floor penthouse. Just bring your toothbrush because this property can be purchased fully furnished. It is an end unit on the third floor with a sweeping view of majestic hills, trees, green belt and spectacular sunsets. There is an initial iron gate and then a double door entry opening to the dining room and spacious living room. The balcony has been enclosed and offers a very serene and peaceful area to look out at the view. The central air conditioning/heating is a very nice bonus and rare in these units. The kitchen has been remodeled with crisp white cabinets and granite counters.The third bedroom has been remodeled with built in cabinets and a Murphy bed so it can be used as an office or guest room. The second bathroom is just next to the office/guest bedroom. All of the bedroom closets have been professionally finished. Laguna Woods is a 55 and older community that offers outstanding amenities to include: 5 pools, 27 hole golf course, 9 hole executive golf course, driving range, multiple clubhouses, tennis courts, 2 fitness centers, lawn bowling, state of the art theater and free transportation within the community. There are over 200 social clubs that can appeal to a variety of interests. After a busy day go to the 19th Hole Restaurant for a meal or your favorite drink at their charming bar. Don't miss this opportunity to enjoy living in this beautiful unit in Laguna Woods. All of the above and an electric, four seat golf cart is included!

Nearby schools

4/10
San Joaquin Elementary School
Public,K-60.2mi
7/10
Oak Grove Elementary School
Public,K-52.7mi
9/10
El Morro Elementary School
Public,K-55.8mi
8/10
Melinda Heights Elementary School
Public,K-67.6mi
7/10
Trabuco Mesa Elementary School
Public,PK-69.7mi
7/10
Aliso Viejo Middle School
Public,6-82.8mi
5/10
Los Alisos Intermediate School
Public,7-82.9mi
9/10
Thurston Middle School
Public,6-84.7mi
7/10
Rancho Santa Margarita Intermediate School
Public,7-89.0mi
7/10
Laguna Hills High School
Public,9-122.7mi
9/10
Aliso Niguel High School
Public,9-123.8mi
9/10
Laguna Beach High School
Public,9-125.4mi
8/10
Trabuco Hills High School
Public,9-125.8mi

Price History

Date
Event
Price
10/25/25
Price Change
$659,000-5.7%
09/16/25
Price Change
$699,000
03/18/25
Listing
$749,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (198 Listings)
Beds32
81%
Baths22
50%
Square foot1,6561,145
89%
Lot Size281,046386,560
39%
Price$659K$485K
71%
Price per square foot$398$418
42%
Built year19771973
83%
HOA$879.92$855.17
77%
Days on market233197
76%
Condition Rating
Good

Built in 1977, this property has undergone significant updates that make it move-in ready. The kitchen features crisp white cabinets and granite counters, and while the white appliances are functional and clean, they suggest the remodel was likely completed within the last 5-15 years rather than being brand new. Bathrooms are also clean and well-maintained with updated vanities and fixtures, though not ultra-modern. The rare central air conditioning/heating system is a major plus. Overall, the property shows minimal wear and tear and is well-maintained, fitting the 'good' criteria for a property extensively renovated within the last 5 to 15 years.
Pros & Cons

Pros

Panoramic Views & Prime Location: As a top-floor end unit, the property offers sweeping views of majestic hills, trees, green belt, and spectacular sunsets, providing a serene and desirable living environment.
Extensive Community Amenities: Located in the 55+ Laguna Woods community, residents benefit from an impressive array of amenities including 5 pools, two golf courses, multiple clubhouses, fitness centers, tennis courts, a theater, and over 200 social clubs, fostering an active lifestyle.
Significant Interior Upgrades & Furnished Option: The unit boasts a remodeled kitchen with crisp white cabinets and granite counters, a versatile third bedroom with built-in cabinets and a Murphy bed, professionally finished bedroom closets, and the option to purchase fully furnished, offering move-in readiness.
Rare Central HVAC System: The inclusion of central air conditioning and heating is highlighted as a 'very nice bonus and rare in these units,' providing superior comfort compared to many other properties in the community.
Valuable Inclusions: The property comes with an electric, four-seat golf cart, adding significant convenience and value for navigating the expansive community and its golf courses.

Cons

Age-Restricted Community: The property is situated within a 55 and older community, which significantly limits the potential buyer pool and marketability.
High Monthly Association Fees: The association fee of $879.92 per month is substantial and represents a significant ongoing cost for homeowners, potentially impacting affordability for some buyers.
Multiple Price Reductions: The property has undergone several price reductions, from an original list price of $749,000 down to $659,000, which could suggest initial overpricing or challenges in attracting buyers at previous price points.

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