$1,525,000
4Beds3Baths2,602SqFt
28162 PalmadaMission Viejo, CA 92692Madrid del Lago
Sold
28052 Balada sold on July 20, 2026 for $1,350,000, 6.9% below the $1,450,000 asking price after 3 days on the market. The buyer paid cash. The details are below for reference.
28052 Balada, Mission Viejo, CA 92692
- 5 beds
- 3 baths
- 3,084 sq ft
- 6,900 sq ft lot
- Built 1978
$1,350,000
Subdivision Madrid del Lago
24 single-family homes sold in the past 12 months · median $1,596,500
The home
About 28052 Balada
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.
Property details for 28052 Balada
This 5-bedroom, 3-bath single-family home sits in the Madrid del Lago neighborhood of Mission Viejo in Orange County. It offers 3,084 square feet of living space. The home was built in 1978. The MLS record lists the assessor parcel number as 811-403-12. Highlights include a fireplace, an attached three-car garage, a 6,900-square-foot lot, and central air. The detail sections on this page cover interior and exterior features, estimated taxes, HOA dues where they apply, and the map location.
Specifications
Home Details
At a glance
- Price
- $1,350,000
- Days On Site
- N/A
- Bedrooms
- 5
- Inside Area (SqFt)
- 3,084 sqft
- Total Baths
- 3
- Full Baths
- 3
- Partial Baths
- N/A
- Lot Size
- 6,900 SqFt
- Year Built
- 1978
- MLS® Number
- OC26145414
- Status
- Sold
- Property Tax
- N/A
- HOA/Condo/Coop Fees
- $140 monthly
- Sq Ft Source
- PublicRecords
General Features
- Property Type
- Single Family Residence
- MLS Number
- OC26145414
- Year Built
- 1978
- Living Area (sq ft)
- 3,084
- Living Area Source
- Public Records
- Lot Size (sq ft)
- 6,900
- Lot Size (acres)
- 0.1584
- Levels
- Two
- Bedrooms
- 5
- Full Baths
- 3
- Garage Spaces
- 3
- Parking Spaces
- 3
- View
- None
- HOA Dues
- $28
- HOA Frequency
- Monthly
- HOA Name
- Lake Mission Viejo
- Parcel Number
- 81140312
- On Market Date
- 2026-07-05
- Listing Terms
- Standard
Interior Features
- Interior Features
- Cathedral Ceilings, Separate Formal Dining Room, Bedroom On Main Level, Primary Suite
- Appliances
- Electric Oven
- Heating
- Forced Air
- Cooling
- Central Air
- Fireplace
- Family Room
- Laundry
- Inside, Laundry Room
- Main Level Bedrooms
- 1
- Main Level Bathrooms
- 1
- Entry Level
- 1
- Common Walls
- No Common Walls
Exterior Features
- Lot Features
- Front Yard, Yard
- Parking
- Direct Access, Driveway, Garage
- Pool Features
- None
- Spa
- None
- Sewer
- Public Sewer
- Water
- Public
- Utilities
- Electricity Connected, Sewer Connected, Water Connected
- Condition
- Fixer
- Units
- 1
Community Features
- Subdivision
- Madrid Del Lago (ML)
- Community Features
- Sidewalks
- Association Amenities
- Dock, Outdoor Cooking Area, Picnic Area, Playground
- Second HOA Dues
- $112
- Second HOA Name
- MVEA
The record
Property History for 28052 Balada
| Date | Event | Price | Note |
|---|---|---|---|
| Jul 20, 2026 | Sold | $1,350,000 | |
| Jul 5, 2026 | Listed for sale | $1,450,000 |
No prior MLS sales on record for this home since 2012.
Next steps
Looking for something similar
28052 Balada is no longer on the market, but comparable homes come up in Mission Viejo regularly. We can tell you what this one actually closed at and set up alerts for listings that match it.
Selling near 28052 Balada
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The neighborhood
About Mission Viejo
Mission Viejo is a master-planned community in Orange County's Saddleback Valley, with roads following the valleys and homes across the hillsides around the man-made Lake Mission Viejo. Named for the historic Rancho Mission Viejo land grant, it weaves in the Oso Creek Trail and spans the Capistrano Unified and Saddleback Valley Unified school districts.
Madrid del Lago home sales, past 12 months
- Homes sold
- 24
- Median price
- $1,596,500
- Median days on market
- 14
- Median per sq ft
- $629
Recorded MLS closings of single-family homes, Sep 27, 2025 to Sep 27, 2026. Days on market run from listing to going under contract.
Recent Madrid del Lago sales
| Address | Closed | Price | Sq ft | Per sq ft | Days on market |
|---|---|---|---|---|---|
| 27441 Valderas | Sep 17, 2026 | $1,593,000 | 2,133 | $747 | 70 |
| 22682 Ledana | Sep 2, 2026 | $1,470,000 | 2,133 | $689 | 22 |
| 27451 Almendra | Aug 24, 2026 | $1,850,000 | 3,087 | $599 | 169 |
| 22395 Salmeron | Aug 24, 2026 | $1,573,400 | 2,175 | $723 | 9 |
| 22455 Melida | Aug 12, 2026 | $1,600,000 | 3,302 | $485 | 13 |
Schools
Schools for 28052 Balada
As listed in the MLS record. Confirm attendance boundaries with the school district.
- Elementary
- Reilly
- Middle
- Newhart
- High
- Capistrano Valley
- District
- Capistrano Unified
Living in Mission Viejo covers its schools, parks and beaches.
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Listed by Kathe Van Hoften of First Team Real Estate
Listing information updated Jul 21, 2026 at 12:22 AM PT. Source: CRMLS.
This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.