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36 Rainwood, Aliso Viejo, CA 92656

$644K2bd · 2ba · 934 sqft
Lot 1,500 sqft•HOA $480/mo•Condominium•
Active
•47d on market•MLS# OC-26158862

Property Description

Enjoy desirable single-level living with no stairs in this charming Aliso Viejo condo featuring a private backyard and an inviting open floor plan. The spacious living room offers a cozy fireplace and flows seamlessly into the dining area, creating a comfortable space for everyday living and entertaining. The kitchen features freshly painted white cabinetry, stainless steel appliances, and the convenience of an inside washer and dryer. The primary bedroom overlooks the backyard and offers direct access to the bathroom, along with its own private vanity area and a generous walk-in closet. The secondary bedroom also enjoys backyard views and shares a bathroom with tub/shower combo. Backing to a large park and playground with direct access from the yard, the private yard is an ideal place to entertain friends and family, enjoy outdoor dining, or simply relax in the California sunshine. The home also features direct access to a one-car garage, plus abundant community guest parking. Ideally located near the community pool, spa, fitness center, and tennis courts, and within an area served by highly regarded schools (Oak Grove Elem, Aliso Viejo Middle and Aliso Niguel High). Low property taxes and no Mello-Roos add even more value and only 15 minutes to the beach makes this a wonderful opportunity for a primary residence or investment property. A fantastic place to call home in the heart of Aliso Viejo!

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Forced Air
Cooling
Central Air
View
Panoramic, Park/Greenbelt
Flooring
Carpet, Stone
City
Aliso Viejo
Zip Code
92656
County
Orange
Listed byFirst Team Real Estate, Kathe Van Hoften

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,256.41
Principal & Interest
Loan Amount
$515,200
Total Interest
$657,109
Total Payment Over 30 Years
$1,172,309
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

36 Rainwood, Aliso Viejo, CA 92656

Aliso Viejo · Condominium

$644K
Affordable Tier
Beds
2
Baths
2
Sqft
934
Lot
1,500 sqft
Year
1989
$/Sqft
$690
Pool: No✓
Spa: No✓
View: city✓
Garage: 1-car✓

Listed 8.0% below the median closed sale of $700,000.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $644K· $690/sqft
Total list price
Closed comps
vs closed median $700K
−$56K (−8.0%)
Active comps
vs active median $690K
−$46K (−6.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $675
+$15 (+2.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
9 HillroseAliso Viejo198922934130,546$739$689,9006691
1 Via AbruzziAliso Viejo1989221,03135,956$718$740,0005789
12 AshwoodAliso Viejo1989221,12921,092$593$669,9995986
68 Verdin LaneAliso Viejo19942292552,363$746$690,000285
24941 El RobleAliso Viejo1971321,2402,220$581$719,9002074
Total: 5 · Average2.22.01,051.848,435.4$675.4$701,959.840.8
Median1,031$690,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
3 Via FalernoAliso Viejo198909/18/2026221,1620$700,000$700,000$6021.002189
58 RainwoodAliso Viejo198707/15/202621934113,065$729,000$715,000$7660.985188
25551 Indian Hill LaneLaguna Hills198406/08/2026221,0710$589,000$590,000$5511.004082
25832 Via LomasLaguna Hills198108/14/202622952582,562$579,995$570,000$5990.983081
25 Via FalernoAliso Viejo198901/12/2026221,16241,681$766,950$737,000$6340.9612579
Total: 5 · Average2.01.81,056.2245,769.333$662,400$662,400$630.4—53.4
Median1,071$700,000$700,000

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.