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56 Coventry Lane Unit 293

Aliso Viejo, CA 92656

1 bed
1 bath
685 sqft
~3 acre lot
$728 per sqft
1985 build
– on site

Opportunities like this don’t come around often—this upper-level 1-bedroom condo is located in a community that is both VA and FHA approved, a rare find in today’s market. Whether you're a first-time buyer using an FHA loan or a veteran looking to take advantage of VA benefits, this home opens doors that many others simply can't. Well-maintained and full of charm, this condo offers comfort, convenience, and exceptional value in the heart of Aliso Viejo. Just minutes from world-class beaches, premier shopping, and endless South OC sunshine, it's perfectly situated in a beautifully kept community. Even better, this home features an unusually low tax rate with no Mello-Roos. The current owner pays just 1.011%—well below the 1.25% average for California, and especially rare in newer areas like Aliso Viejo where many owners pay tax rates near and above 1.5%. Highlights include a private entry porch, 1-car garage, ample guest parking, and a spacious living area with tile flooring throughout—ideal for relaxing or entertaining. Enjoy peaceful peek-a-boo views of the surrounding hills, offering a touch of nature just outside your door. With quick access to the 73 Toll Road and 5 Freeway, getting around SoCal is a breeze. Whether you’re buying your first home, investing, or just looking for low-maintenance living in one of Orange County’s most desirable cities, this one checks all the boxes. Don’t miss this rare opportunity—schedule your showing today!

Listed By CRMLS_CA / Ryan Eldred / Arthur Oliver Estates & Homes Inc. / 949-338-7564

Last checked: Checking… • Last updated Apr 16, 2025 •

MLS# PW25079709 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1985
Year Built Source:

Assessor
New Construction:

No
Total Number Of Units:

1
Unit Number:

293
Structure Type:

Multi Family
Stories Total:

1
Entry Level:

2
Common Walls:

2+ Common Walls

Interior

Levels:

One
Entry Location:

2
Room Type:

Kitchen
Living Area Units:

Square Feet
Living Area Source:

Assessor
Fireplace:

No
Fireplace:

None
Laundry:

Dryer Included, In Kitchen, Washer Included
Laundry:

1

Room Dimensions

Living Area:

685.00

Location

Directions:

Oso to Heather Ridge
Latitude:

33.56980400
Longitude:

-117.70928500

The Property

Property Type:

Residential
Subtype:

Condominium
Lot Size Area:

124296.0000
Lot Size Acres:

2.8534
Lot Size SqFt:

124296.00
Lot Size Source:

Assessor
View:

1
View:

Hills
Property Attached:

1
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

423.20
Tax Tract:

11491
Tax Lot:

2

Beds

Total Bedrooms:

1
Main Level Bedrooms:

1

Baths

Total Baths:

1
Full & Three Quarter Baths:

1
Main Level Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

Standard
Parcel Number:

93994787
Showings Begin:

2025-04-14

Heating & Cooling

Cooling:

Yes
Cooling:

Central Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

High School District:

Capistrano Unified

The Community

Subdivision:

Heather Ridge (HEA)
Subdivision:

Heather Ridge (HEA)
Units in the Community:

390
Features:

Curbs, Gutters
Association Amenities:

Pool, Spa/Hot Tub
Association:

Heather Ridge
Association:

Yes
Association Fee:

$473.40
Association Fee Frequency:

Monthly
Pool:

Association
Senior Community:

No
Private Pool:

No
Assessments:

Yes
Assessments:

Unknown

Parking

Parking Spaces:

1.00
Attached Garage:

No
Garage Spaces:

1.00

Monthly cost estimate

Asking price

$499,000

Expense	Monthly cost
Mortgage	$2,671
Taxes	N/A
Insurance	$137
HOA fees	$473
Utilities	$108 See report
Total	$3,389/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/14/25 Apr 14, 2025	Listed / Active	CRMLS_CA	$499,000

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This condo located in Heather Ridge, Aliso Viejo, CA 92656 is currently for sale for $499,000. 56 Coventry Lane Unit 293 is a 685 square foot condo with 1 bed and 1 bath that has been on Estately for 2 days. 56 Coventry Lane Unit 293 is in the Heather Ridge neighborhood of Aliso Viejo and has a WalkScore® of 68, making it somewhat walkable. This condo is in the attendance area of Wood Canyon Elementary School, Don Juan Avila Middle School, and Aliso Niguel High School.

Listing Courtesy of: CRMLS_CA and Arthur Oliver Estates & Homes Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 07:27 on Apr 16.

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. 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, 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.