$929,990
↓ $130K (12.3%)
●
Condo -
For Sale
690 Furrow Road
Rancho Mission Viejo, CA 92694
2 Beds
2 Baths
1,451 Ft²
$4,962
Est. Monthly
$395
HOA / Fees
About This Property
Be the first to see the beautiful new Lennar Homes at Nova in the
brand new Gavilian Ridge in Rancho Mission Viejo. The first
floor offers a oversized great room, spacious kitchen with island a
separate dining room and two bedrooms and indoor laundry room.
The upstairs is an oversized loft with included beverage bar.
The light bright kitchen offers white cabinets, white quartz
countertops, GE Cafe Series appliances including the refrigerator.
This outstanding corner location is fully detached and offers
mountain views and opens up to a small pocket park. Brimming with
Lennar's "Everything's Included" features with time for the buyer
to customize their flooring and backsplash. August 2026
move-in. Part of the new Gavilian Ridge neighborhood that
offers the ultimate lifestyle for those 55+.
Unit Size
1,451 Ft²
Days on Market
36 days
Land Size
-
Price per sqft
$641
Property Type
Condo
Property Taxes
-
HOA Dues
$395
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 28 days ago (CRMLS #OC26200852)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$929,990
↓ $130K
(12.3%) | |
| Price Decreased | |||
| Sep 14, 2026 | Listed by Keller Williams Realty | $1,059,990 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Direct Access, Garage, Garage Door Opener, Garage Faces Side
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, High Ceilings, Open Floorplan, Recessed Lighting, Storage, Walk-In Closet(s), Unfurnished, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, MultiplePrimarySuites
Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Disposal, Gas Range, Refrigerator
Door Features: Sliding Doors
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1451
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), FireDetectionSystem
Property Condition: Turnkey
Year Built Source: Builder
Year Built: 2026
Builder Name: Lennar
Builder Model: Plan 1B
Levels: One
Window Features: Double Pane Windows, Low-Emissivity Windows, Screens
Construction Materials: Stucco
Pool Features: Community, Association
Lot Features: Level, NearPark
Lot Size Units: Square Feet
Tax Lot: 26
Water Source: Public
Utilities Details
Cooling Type: Central Air
Heating Type: Central, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Fitness Center, Barbecue, Picnic Area, Pool, Spa/Hot Tub, Trail(s), OutdoorCookingArea, Pickleball, PetsAllowed
HOA Fee: $395
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
About Orange
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Cesi Pagano, Keller Williams Realty
Last Updated: 28 days ago
Data Source: CRMLS, MLS# OC26200852
Last Updated: 28 days ago
Data Source: CRMLS, MLS# OC26200852
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