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The housing market is so cooked. $1.7M for this? Five years ago this was half that.
Just ran the numbers and at $1.7M, your monthly payment would be less than renting something comparable here. Worth it.
Just a heads up: I saw three similar houses in Laguna Niguel go pending within the last week. If you like it, move fast.
Be aware the traffic on the main roads near here gets pretty bad during rush hour. But off-peak it's a breeze.