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28415 Alava — Mission Viejo — 3 Beds • 2 Baths • 1,503 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+29 more

$998,000

40 DOM

$664/sqft3 bd2 ba1,503 sqftHOA ~590/mo

Call

28415 Alava Mission Viejo, CA 92692

3,478sqft lot

Gorgeous, fully remodeled single-level home ideally situated on a quiet cul-de-sac within the guard-gated 55+ community of Casta del Sol. This highly desirable Rosa floor plan offers 3 bedrooms (one currently used as a den/office), 2 beautifully updated bathrooms, and a 2-car garage. The remodeled kitchen showcases modern cabinetry, quartz countertops, and stainless steel appliances, opening seamlessly to the main living area for a bright, open-concept design. Upgrades throughout reflect true pride of ownership and include new luxury vinyl flooring, crown molding and baseboards, new interior doors, a stone fireplace, recessed lighting, two-tone paint, new fencing, and added garage storage and epoxy flooring. The light-filled layout is ideal for comfortable everyday living and easy entertaining. Residents enjoy access to two recreation centers featuring pools, spas, fitness facilities, tennis and pickleball courts, meeting rooms, arts and crafts studios, garden plots, walking paths, and proximity to the 18-hole golf course with pro shop and restaurant. Lake Mission Viejo membership is also included, offering swimming, fishing, boating, picnic areas, and summer concerts. An exceptional opportunity to enjoy resort-style living in a premier active adult community.

MLS OC26038792

805-428-6323 (Office) nancy@teambishay.com

Est. payment

$6,967/mo

Principal & interestTaxesInsuranceHOA

$5,046$1,040$291$590

Down %

Rate %

Years

Down payment: $199,600 · Total cost: $2,016,315

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$6,967/mo

Principal & interest: $5,046
Est. property tax: $1,040
Est. insurance: $291
HOA (normalized / mo): $590
Down payment: $199,600

Est. gross rent$4,158/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,809/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Feb 20, 2026	$1,080,000	—

Facts & Features

Transaction Data

▼Price Reduced from $1,080,000 (−$82,000)

HOA Fee$590/monthly

Structure & Property

Year Built1985

Garage Spaces2

805-428-6323 (Office) nancy@teambishay.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

28415 Alava, Mission Viejo, CA 92692

Get Directions

Call

28415 Alava Mission Viejo, CA 92692

About this home

Nancy Bishay

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Nancy Bishay

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

28415 Alava, Mission Viejo, CA 92692

About This Property

Property Photos

28415 Alava Mission Viejo, CA 92692

About this home

Nancy Bishay

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Nancy Bishay

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.