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!
For sale
Listing Provided by:
Ryan Eldred DRE #01814960 949-338-7564,
Arthur Oliver Estates & Homes Inc.
Price cut: $20K (6/18)
$469,900
56 Coventry Ln #293, Aliso Viejo, CA 92656
1beds
685sqft
Est.:
Condominium
Built in 1985
-- sqft lot
$468,400 Zestimate®
$686/sqft
$473/mo HOA
What's special
Private entry porchAmple guest parking
- 23 days
- on Zillow |
- 1,810 |
- 76 |
Zillow last checked: 7 hours ago
Listing updated: June 18, 2025 at 04:54pm
Listing Provided by:
Ryan Eldred DRE #01814960 949-338-7564,
Arthur Oliver Estates & Homes Inc.
Source: CRMLS,MLS#: PW25120305
Originating MLS: California Regional MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Kitchen
Cooling
- Central Air
Appliances
- Included: Dryer, Washer
- Laundry: In Kitchen
Features
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 685 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Entry location: 2
- Pool features: Association
- Has view: Yes
- View description: Hills
Lot
- Size: 2.85 Acres
Details
- Parcel number: 93994787
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1985
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s)
- Subdivision: Heather Ridge (Hea)
HOA
- Has HOA: Yes
- Amenities included: Pool, Spa/Hot Tub
- HOA fee: $473 monthly
- HOA name: Heather Ridge
- HOA phone: 800-232-7517
Location
- Region: Aliso Viejo
Financial & listing details
- Price per square foot: $686/sqft
- Tax assessed value: $341,499
- Annual tax amount: $3,398
- Date on market: 5/29/2025
- Listing terms: Cash,Cash to New Loan,Conventional,FHA,Fannie Mae,Freddie Mac,VA Loan
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