Welcome to 5078 Tero – an expanded, beautifully remodeled single-level detached VILLA TERRAZA residence in the Laguna Woods senior community. This home has one of the most spectacular views of any property in Laguna Woods Village. On a clear day, one can see the snow-covered peak of Mt. Baldy! View from the rear patio as well as the residence’s common rooms is simply magnificent – boasting an impressive 180° view of trees, hills, neighborhood rooftops & the Saddleback Mountains. Property is situated on a quiet street within the sought-after Gate 11 neighborhood far from busy roads & noisy highways. Wrought-iron front gate opens to an expansive private courtyard w/hot tub. Attractive front door w/etched glass inserts opens to a short hallway leading to the light & bright living room which features a lovely bay window, enormous wine fridge & wood-burning fireplace. Both living room & adjacent dining area have direct access to the large covered rear patio via glass sliders. Original side patio adjacent to the dining area has been replaced w/nearly 150 sq. ft. of additional living space allowing for a small office cubby & extended space for an extra-large dining table. Remodeled kitchen has stainless steel appliances & lots of cabinet storage w/convenient pull-out drawers. Primary bedroom suite has been expanded by over 100 sq. ft. Primary closet extends the length of one wall. Primary bathroom features attractive wood cabinets w/stone countertops, dual sinks, privacy toilet door & oversized shower w/convenient seat. Guest bedroom (also en suite) has an added window providing a lovely mountain view. This versatile room could easily serve as a home office, exercise room or arts & crafts workshop. Upgrades include smooth ceilings, recessed lighting, crown molding & baseboards, central HVAC, porcelain tile flooring in the common areas & mirrored closet doors in both bedrooms. Enormous covered rear patio has skylights, ceiling fan, attractive built-in planters & retractable shades & is ideal for large-scale year-round entertaining, dining & relaxing. Rear patio, front courtyard & expanded dining area serve as the ultimate environment for large social functions. This home is perfect for entertaining! Direct garage access to the residence via a small laundry room w/sink & storage cabinets. Driveway easily accommodates two additional vehicles & there is also ample street parking for guests.
Sold for $1,565,000
Listed by: Rainbow Realty Corporation • Chris Framan • Contact: 949-770-9626
Bought with: HomeSmart, Evergreen Realty
$1,565,000
5078 Tero, Laguna Woods, CA 92637
2beds
1,774sqft
Condominium
Built in 1973
-- sqft lot
$1,582,800 Zestimate®
$882/sqft
$3,948 Estimated rent
Home value
$1,582,800
$1.46M - $1.71M
$3,948/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Chris Framan DRE #01482033 949-235-9249,
Rainbow Realty Corporation
Bought with:
Bonnie Yune, DRE #01973042
HomeSmart, Evergreen Realty
Source: CRMLS,MLS#: OC26011955
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Rooms
- Room types: Bedroom, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom
Primary bedroom
- Features: Main Level Primary
Primary bedroom
- Features: Primary Suite
Bedroom
- Features: Bedroom on Main Level
Bathroom
- Features: Dual Sinks, Enclosed Toilet, Stone Counters, Remodeled, Separate Shower
Kitchen
- Features: Granite Counters, Remodeled, Updated Kitchen
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater, Dryer, Washer
- Laundry: Washer Hookup, Electric Dryer Hookup, Inside, Laundry Room
Features
- Crown Molding, Granite Counters, Stone Counters, Recessed Lighting, Unfurnished, Bedroom on Main Level, Main Level Primary, Primary Suite
- Flooring: Laminate, Tile
- Doors: Mirrored Closet Door(s), Service Entrance, Sliding Doors
- Windows: Blinds, Double Pane Windows, Screens, Skylight(s)
- Has fireplace: Yes
- Fireplace features: Living Room, Wood Burning
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,774 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Direct Access, Door-Single, Garage Faces Front, Garage, Garage Door Opener, Permit Required
- Attached garage spaces: 2
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Patio
- Exterior features: Rain Gutters
- Pool features: Association
- Has spa: Yes
- Spa features: Association
- Has view: Yes
- View description: City Lights, Courtyard, Hills, Mountain(s), Neighborhood, Panoramic, Trees/Woods
Lot
- Size: 1,774 Square Feet
- Features: Landscaped
Details
- Parcel number: 93279078
- Special conditions: Standard,Trust
- Horse amenities: Riding Trail
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1973
Details
- Builder model: Villa Terraza
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Golf, Gutter(s), Horse Trails, Stable(s), Street Lights, Sidewalks, Gated
- Security: Gated Community, Gated with Attendant, 24 Hour Security, Smoke Detector(s)
- Senior community: Yes
- Subdivision: Leisure World (Lw)
HOA
- Has HOA: Yes
- Amenities included: Bocce Court, Billiard Room, Clubhouse, Controlled Access, Fitness Center, Golf Course, Maintenance Grounds, Game Room, Horse Trails, Insurance, Meeting Room, Management, Meeting/Banquet/Party Room, Maintenance Front Yard, Other Courts, Paddle Tennis, Pickleball, Pool, Pets Allowed, Recreation Room, RV Parking
- Services included: Sewer
- HOA fee: $910 monthly
- HOA name: Third Mutual
- HOA phone: 949-597-4600
Location
- Region: Laguna Woods
Financial & listing details
- Price per square foot: $882/sqft
- Tax assessed value: $612,828
- Annual tax amount: $6,234
- Date on market: 1/16/2026
- Cumulative days on market: 8 days
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Sold | $1,565,000+4.3%$882/sqft |
Source:  CRMLS #OC26011955 Report a problem | ||
| 1/28/2026 | Contingent | $1,500,000$846/sqft |
Source: CRMLS #OC26011955 Report a problem | ||
| 1/26/2026 | Listed for sale | $1,500,000+127.3%$846/sqft |
Source: CRMLS #OC26011955 Report a problem | ||
| 10/15/2013 | Sold | $660,000-5%$372/sqft |
Source: Public Record Report a problem | ||
| 8/20/2013 | Listed for sale | $695,000+10.3%$392/sqft |
Source: Surterre Properties, Inc. #OC13167106 Report a problem | ||
| 8/3/2010 | Sold | $630,000-14.3%$355/sqft |
Source: Public Record Report a problem | ||
| 12/14/2005 | Sold | $735,000+6.5%$414/sqft |
Source: Public Record Report a problem | ||
| 2/15/2005 | Sold | $690,000+162.4%$389/sqft |
Source: Public Record Report a problem | ||
| 12/1/1998 | Sold | $263,000+34.2%$148/sqft |
Source: Public Record Report a problem | ||
| 8/28/1998 | Sold | $196,000$110/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,234 +1.9% | $612,828 +2% |
| 2024 | $6,120 +2.4% | $600,812 +2% |
| 2023 | $5,975 +1.8% | $589,032 +2% |
| 2022 | $5,868 +2.1% | $577,483 +2% |
| 2021 | $5,750 +0.9% | $566,160 +1% |
| 2020 | $5,698 | $560,355 +2% |
| 2019 | $5,698 +2.1% | $549,368 +2% |
| 2018 | $5,583 +4% | $538,597 +2% |
| 2017 | $5,367 | $528,037 +2% |
| 2016 | $5,367 +1.7% | $517,684 -29.6% |
| 2015 | $5,277 -22.7% | $734,975 +11.4% |
| 2014 | $6,822 | $660,000 +17.6% |
| 2013 | -- | $561,000 +2% |
| 2012 | -- | $550,000 -12.7% |
| 2011 | -- | $630,000 +26.3% |
| 2010 | -- | $498,814 -0.2% |
| 2009 | -- | $500,000 -10.7% |
| 2008 | -- | $560,000 -25.3% |
| 2007 | -- | $749,700 +2% |
| 2006 | -- | $735,000 +142.6% |
| 2005 | -- | $302,929 +2% |
| 2004 | -- | $296,990 +1.9% |
| 2003 | -- | $291,547 +2% |
| 2002 | -- | $285,831 |
Find assessor info on the county website
Neighborhood: 92637
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Nearby schools
GreatSchools rating
- 4/10Olivewood Elementary SchoolGrades: K-6Distance: 2.5 mi
- 5/10Los Alisos Intermediate SchoolGrades: 7-8Distance: 3.3 mi
- 8/10Laguna Hills High SchoolGrades: 9-12Distance: 2.9 mi
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Estimated market value
$1,582,800
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Estimated market value
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