$1,299,990
↓ $40K (3%)
●
House -
For Sale
897 Spirit Road
Rancho Mission Viejo, CA 92694
2 Beds
2 Baths,
1
Half Bath
1,861 Ft²
$6,779
Est. Monthly
$395
HOA / Fees
About This Property
This new single-story home is ready for modern lifestyles. A
bedroom with an en-suite bathroom is located near the front of the
home off the foyer, next to a convenient den, ready to be used as
an office or studio. A flexible open-concept floorplan blends the
kitchen, living and dining areas, while a luxurious owner's suite
offers a private retreat at the back of the home, complete with a
full bathroom and walk-in closet. The yard is very private and
spacious for entertaining.
Unit Size
1,861 Ft²
Days on Market
140 days
Land Size
0.12 acres
Price per sqft
$699
Property Type
House
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 #OC26119603)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$1,299,990
↓ $40K
(3%) | |
| Price Decreased | |||
| Jun 2, 2026 | Listed by Keller Williams Realty | $1,339,990 | |
| 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
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Breakfast Bar, High Ceilings, Open Floorplan, Pantry, Recessed Lighting, Storage, Walk-In Closet(s), Unfurnished, AllBedroomsDown, BedroomOnMainLevel, MainLevelPrimary, MultiplePrimarySuites
Appliances: Dishwasher, Electric Water Heater, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, SixBurnerStove
Door Features: Sliding Doors
Laundry Features: Washer Hookup, Gas Dryer Hookup, Inside, Laundry Closet
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1861
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s), FireDetectionSystem
Property Condition: Under Construction
Year Built Source: Builder
Year Built: 2026
Builder Name: Lennar
Builder Model: Plan 3B
Levels: One
Window Features: Double Pane Windows, Low-Emissivity Windows, Screens
Construction Materials: Stucco
Pool Features: Community, Association
Lot Features: Level, NearPark
Lot Size Area: 5130
Lot Size Units: Square Feet
Lot Size Acres: 0.1178
Lot Size Square Feet: 5130
Tax Lot: 15
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
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# OC26119603
Last Updated: 28 days ago
Data Source: CRMLS, MLS# OC26119603
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