Beautifully Upgraded Corner-Unit La Mancha Home with Assumable FHA Loan at 2.6% with only 25yrs left on loan.
This highly upgraded corner-unit La Mancha home offers 3 spacious bedrooms and 3 full bathrooms, making it one of the best values in the area. Even better, the property features owned solar and a rare opportunity to assume the seller’s FHA loan at an incredible 2.6% interest rate (subject to lender approval), potentially providing significant savings compared to current market rates.
The versatile floor plan includes a downstairs bedroom and beautifully remodeled full bathroom, perfect for guests, extended family, or a home office.
Recent upgrades include Milgard dual-pane windows throughout, newer wood flooring, fresh paint, and an updated kitchen featuring white cabinetry, granite countertops, a custom tile backsplash, newer sink, and updated plumbing fixtures.
The inviting living room boasts soaring vaulted ceilings, a cozy brick fireplace, and French doors that open to a private balcony with peaceful tree-lined and city views. The expansive family room and dining area include a wet bar and provide direct access to a large private backyard, ideal for entertaining or relaxing outdoors.
Upstairs, the spacious primary suite features a newly remodeled bathroom with dual vanities and a beautifully updated shower. A generously sized secondary bedroom with mirrored closet doors and a remodeled hall bathroom complete the upper level.
Additional highlights include an attached two-car garage, one assigned parking space, and access to the community pool. Conveniently located near major freeways, Saddleback College, Mission Hospital, The Shops at Mission Viejo, Lake Mission Viejo, dining, and entertainment.
With solar, extensive upgrades, and the possibility of assuming a low 2.6% FHA loan, this move-in-ready PUD presents a truly exceptional opportunity in one of the area's most desirable communities. A buyer who assumes this 2.62% mortgage instead of financing a comparable purchase at today's ~6% rates could save roughly $1,460 every month in principal and interest and thousands in lifetime interest, while owning the home free and clear about five years sooner. Please have your agent read supplements and provide you with the break down advantage of assuming this loan vs a new loan
44 days
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1,640
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46
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Zillow last checked:
Listing updated:
Listed by:
Craig MartinDRE #01939259661-361-6843,
Pinnacle Estate Properties, Inc.,
Brian HulzDRE #02102620,
Pinnacle Estate Properties, Inc.
Source: CRMLS,MLS#: SR26119532Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 1
Main level bedrooms: 1
Rooms
Room types: Bedroom, Den, Family Room, Kitchen, Laundry, Living Room, Dining Room
Bedroom
Features: Bedroom on Main Level
Bathroom
Features: Bathroom Exhaust Fan, Tub Shower, Walk-In Shower
Kitchen
Features: Quartz Counters
Heating
Central
Cooling
Central Air
Appliances
Included: Dishwasher, Gas Oven, Gas Range, Refrigerator
Laundry: Washer Hookup, Gas Dryer Hookup
Features
Balcony, Separate/Formal Dining Room, High Ceilings, Stone Counters, Two Story Ceilings, Bedroom on Main Level
Flooring: Laminate
Has fireplace: Yes
Fireplace features: Family Room
Common walls with other units/homes: 1 Common Wall
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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