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1300 Lasso, 203, Rancho Mission Viejo, CA 92694

$705K2bd · 2ba · 1,377 sqft
Lot 111,338 sqft•HOA $246/mo•Condominium•
Active
•17d on market•MLS# OC-26221556

Property Description

Welcome to Portico at Rienda, one of Rancho Mission Viejo’s most desirable communities! **Featuring the largest and most extensively upgraded floor plan in the community, this exceptional residence offers a rare opportunity to assume an attractive mortgage rate of just 5.875%, along with fully OWNED solar for added monthly savings!** Situated on the second floor, this beautifully appointed single-level home features 2 spacious bedrooms, 2 full bathrooms, and a versatile den ideal for a home office, additional lounge, or flex space. The bright, open-concept layout brings together the kitchen, dining, and living areas, creating a welcoming space for everyday living and entertaining. Step outside onto your private balcony to enjoy the Southern California breeze. At the heart of the home, the beautifully designed kitchen showcases quartz countertops, a generous center island with stainless steel sink, soft-close cabinetry, stainless steel appliances, and a WiFi-enabled oven with gas range. The primary suite offers a peaceful retreat with a spacious walk-in closet, dual vanities, and a beautifully designed walk-in shower, while the secondary bedroom is thoughtfully positioned for added privacy. Throughout the home, **upgraded luxury vinyl flooring and numerous smart home features** enhance both style and everyday convenience. Additional highlights include a tankless water heater, full-size in-unit laundry, and an oversized direct-access one-car garage. Beyond your front door, discover the exceptional lifestyle Rancho Mission Viejo is known for, with access to multiple resort-style pools, the spectacular 20,000-square-foot Lagoon Pool, Boulder Pond, playgrounds, scenic trails, Ranch Camp, fitness facilities, gathering spaces, firepits, dog parks, pickleball and tennis courts, and the planned Rienda K-8 school. With extensive upgrades, energy-efficient features, exceptional community amenities, and the potential advantage of a 5.875% assumable mortgage rate (subject to lender approval and buyer qualification), this home presents an outstanding opportunity to experience the very best of Rancho Mission Viejo living!

Features & Amenities

FeeBuilt 2023

Property Details

Land Type
Fee
Year Built
2023
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Hills
Flooring
Vinyl
Roof
Spanish Tile
City
Rancho Mission Viejo
Zip Code
92694
County
Orange
Listed byThe Steijn Group Inc, Kai Steijn

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,564.86
Principal & Interest
Loan Amount
$564,000
Total Interest
$719,351
Total Payment Over 30 Years
$1,283,351
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1300 Lasso, 203, Rancho Mission Viejo, CA 92694

Rancho Mission Viejo · Condominium

$705K
Affordable Tier
Beds
2
Baths
2
Sqft
1,377
Lot
2.56 ac
Year
2023
$/Sqft
$512
Pool: No✓
Spa: No✓
View: Hills✓
Garage: 1-car✓

Listed 7.8% above the median closed sale of $654,000. Price per sqft ($512) is a 15% discount to closed comps ($603).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $705K· $512/sqft
Total list price
Closed comps
vs closed median $654K
+$51K (+7.8%)
Active comps
vs active median $675K
+$30K (+4.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $587
−$75 (−12.7%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1200 Lasso WayRancho Mission Viejo2023221,036111,338$642$665,0006893
1501 Lasso WayRancho Mission Viejo2023221,25150,668$583$729,00018692
1501 Lasso WayRancho Mission Viejo2023221,08950,668$620$675,0002492
121 GrazeRancho Mission Viejo2023231,272113,118$550$699,00011492
1501 LassoRancho Mission Viejo2023221,20450,668$539$649,0008592
Total: 5 · Average2.02.21,170.475,292$586.8$683,40095.4
Median1,204$675,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1200 Lasso WayRancho Mission Viejo202306/05/2026221,2510$689,000$689,000$5511.005595
1100 Lasso WayRancho Mission Viejo202307/17/2026221,0360$650,000$650,000$6271.0017692
1301 Lasso WayRancho Mission Viejo202205/08/2026221,089111,338$649,900$654,000$6011.0110692
1200 Lasso WayRancho Mission Viejo202404/03/2026221,0890$675,000$665,000$6110.983891
1401 Lasso WayRancho Mission Viejo202206/09/2026221,0360$649,900$649,900$6271.0011890
Total: 5 · Average2.02.01,100.2111,338$661,580$661,580$603.4—98.6
Median1,089$654,000$654,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.