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28987 Canyon Ridge, Trabuco Canyon, CA 92679

$475K1bd · 1ba · 632 sqft
Lot 113,556 sqft•HOA $570/mo•Condominium•
Active
•11d on market•MLS# SW-26223679

Property Description

An attractive, private, and well-maintained DOWNSTAIRS condo nestled in lush Trabuco Canyon offers the perfect balance of nature's scenic views and convenience with easy access to nearby shopping and freeways. Enjoy your morning coffee or sip wine in the evening while gazing at a majestic sunrise or sunset. This tucked-away home with a slightly oversized one-car garage offers an ideal setting to work from home or as a getaway second home. The AC and furnace are newer (2023). The garage has a 30A electrical outlet for mid-level EV charging. The washer and dryer, along with all appliances, are included. HOA amenities include a pool, jacuzzi, playground, and green belts. Walking and hiking trails at nearby Whiting Ranch Wilderness Park.

Features & Amenities

FeeBuilt 1988

Property Details

Land Type
Fee
Year Built
1988
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central
Cooling
Central Air
View
Mountain(s), Trees/Woods
Flooring
Carpet
City
Trabuco Canyon
Zip Code
92679
County
Orange
Listed byRealty Masters & Associates, I, Vanessa Browne

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$2,401.35
Principal & Interest
Loan Amount
$379,920
Total Interest
$484,567
Total Payment Over 30 Years
$864,487
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

28987 Canyon Ridge, Trabuco Canyon, CA 92679

Trabuco Canyon · Condominium

$475K
Affordable Tier
Beds
1
Baths
1
Sqft
632
Lot
2.61 ac
Year
1988
$/Sqft
$751
Pool: No✓
Spa: Yes✓
View: mountain✓
Garage: 1-car✓

Listed 13.9% above the median closed sale of $417,000. Price per sqft ($751) is a 30% premium to closed comps ($579).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $475K· $751/sqft
Total list price
Closed comps
vs closed median $417K
+$58K (+13.9%)
Active comps
vs active median $495K
−$20K (−4.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $703
+$48 (+6.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
29012 Canyon RidgeLake Forest198611632113,556$783$495,0003895
19801 Meadow Ridge DrTrabuco Canyon1991115940$715$424,9993285
19801 Meadow Ridge DriveTrabuco Canyon199211594304,218$705$418,99913279
19801 Meadow RidgeTrabuco Canyon199122816304,218$656$535,0008072
19801 Meadow RidgeTrabuco Canyon199122831304,218$656$545,0006269
Total: 5 · Average1.41.4693.4256,552.5$703$483,799.668.8
Median632$495,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
18952 Canyon ViewLake Forest198609/15/202622954113,556$549,000$545,000$5710.9913080
20702 El Toro RoadLake Forest198205/26/2026116860$419,888$415,000$6050.995169
28873 Canyon PointLake Forest199006/29/2026229791$525,000$520,000$5310.996169
20702 El Toro RdLake Forest198309/17/202611710257,265$419,900$412,500$5810.989569
20702 El ToroLake Forest198306/03/202611686257,265$415,000$417,000$6081.003068
Total: 5 · Average1.41.4803157,021.75$461,900$461,900$579.2—73.4
Median710$417,000$417,000

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.