Investor special in the highly desirable El Dorado neighborhood of central Mission Viejo - priced to sell! This single-story home offers 1,730 square feet of living space on a generous 7,500 square foot lot, with vaulted ceilings and recessed lighting that hint at the potential waiting to be unlocked. Bring your contractor and your vision: the home needs major renovation, including plumbing repairs, drywall replacement, pool replastering and new flooring throughout (carpets have been removed and there is water damage to the floors). Property is being sold in its present as-is condition. What you're really buying here is location and lot: a rare single-level footprint on a large lot in one of Mission Viejo's original neighborhoods, minutes to top-rated schools, shopping, dining, and Lake Mission Viejo, with easy access to the 5 Freeway. No HOA, with optional Lake Mission Viejo membership offering beaches, boating, and summer concerts. Whether you're an investor seeking your next flip, a builder eyeing an expansion or a buyer ready to create a custom home with instant equity potential, this is the kind of canvas that rarely comes available in El Dorado. Opportunities like this don't last!