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Property Description

If you've been searching for a true diamond in the rough with exceptional upside potential, this is the opportunity you've been waiting for. Welcome to an incredible opportunity in the highly sought-after Madrid Del Lago neighborhood of Mission Viejo. Situated on a desirable single-loaded street, this spacious five-bedroom home offers endless potential and is attractively priced, making it the perfect opportunity to create your dream home. Step through the double-door entry into a grand foyer featuring soaring ceilings and a dramatic spiral staircase, creating an impressive first impression and the perfect canvas for your personal vision. Lovingly maintained by its original owners, the home remains in original condition, offering an exceptional floor plan and solid bones ready for your updates. The formal living room flows seamlessly into the formal dining room, ideal for entertaining. The spacious kitchen overlooks the backyard and opens to the inviting family room, complete with a cozy fireplace and wet bar. A highly desirable main-level bedroom and full bathroom provide flexible living options for guests, multigenerational living, or a home office. Upstairs, the expansive primary suite offers a true retreat with its own sitting area, private balcony, generous walk-in closets, and a spacious en-suite bath featuring dual vanities, a soaking tub, and separate shower. Three additional upstairs bedrooms are generously sized and share a full bathroom.
Additional highlights include an indoor laundry room, direct-access three-car garage, and an oversized driveway providing ample parking.
The private backyard features mature trees, a large concrete patio, and the added privacy of having no rear neighbors, offering plenty of space to relax or create your ideal outdoor oasis. Enjoy all the benefits of Lake Mission Viejo membership, including two private sandy beaches, boating, fishing, summer concerts, and year-round community events. East Beach is conveniently located just around the corner. The home is also served by award-winning schools and offers low property taxes, no Mello-Roos, and easy access to shopping, dining and freeways. Priced for a quick sale and offered in its present "as-is" condition.

Overview

Property Status
Sold
Date Sold
July 20, 2026
Lot Size
6,900 Sq.Ft.
MLS ID
OC26145414
Property Type
Residential
Year Built
1978

Features & Amenities

Neighborhood
Mission Viejo
View Description
None
Stories
2
Garage Spaces
3.0
Water Source
Public
Utilities
Electricity Connected, Sewer Connected, Water Connected
Pool
None
Lot Features
Front Yard, Yard
Parking
Direct Access, Driveway, Garage
Heat Type
Forced Air
Air Conditioning
Central Air
Laundry Room
Inside, Laundry Room
Fireplace
Family Room
Appliances
Electric Oven
Other Interior Features
Cathedral Ceiling(s), Separate/Formal Dining Room, Bedroom on Main Level, Primary Suite
Sewer
Public Sewer
HOA Amenities
Dock, Outdoor Cooking Area, Picnic Area, Playground
Elementary School
Reilly
Middle School
Newhart
High School
Capistrano Valley
School District
Capistrano Unified
Sales Price
$1,350,000
HOA
$28/mo

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28052 Balada

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for your interest in 28052 Balada, Mission Viejo, CA 92692

28052 Balada
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