21105 Cancun, Mission Viejo, California 92692, Mission Viejo, 92692 - 3 bed, 3 bath
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Mission Viejo, California 92692
This Sophisticated 55+ Villa is a Strong Value Opportunity, listed at $1,100,000—positioned well below the $1,142,207 Fair Market Value by 3%. This valuation gap offers $42,207 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes full PEX repiping, a remodeled primary bath, and a private patio. Located in the premier Palmia community with Lake Mission Viejo privileges, this residence is ideal for Active Retirees or Owner-Occupants seeking a turnkey, amenity-rich lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21105 Cancun Subject | $1,100,000* List Price | 3 | 3 | 1,635 | $699 | - |
A 21351 Mazatlan Sold | $1,180,000 | 3 | 2 | 1,472 | $802 | 0.3 mi |
B 28291 Shore Sold | $1,199,900 | 3 | 3 | 1,752 | $685 | 0.2 mi |
C 27992 Virginia Sold | $1,160,000 | 3 | 3 | 1,781 | $651 | 0.6 mi |
D 21732 Lanar Sold | $1,199,900 | 3 | 2 | 1,561 | $769 | 0.7 mi |
E 28752 Bolanos Sold | $1,150,000 | 4 | 3 | 1,882 | $611 | 0.8 mi |
F 28222 Shore Sold | $1,160,000 | 3 | 3 | 1,752 | $662 | 0.3 mi |
G 21235 San Miguel Sold | $1,295,000 | 3 | 3 | 1,941 | $667 | 0.1 mi |
H 28002 Virginia Sold | $1,250,000 | 4 | 3 | 1,956 | $639 | 0.6 mi |
I 28242 Elmwood Active | $1,249,900 List Price | 3 | 3 | 1,540 | $812 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990, the property is in move-in ready condition with significant recent upgrades including newer flooring, oversized baseboards, and a remodeled primary suite bath. Crucially, the plumbing system has been updated with a full PEX repipe. While some cabinetry and tile surfaces reflect the original 1990 construction, the overall maintenance and key system updates elevate it above the 'Fair' category.
The property features critical high-value upgrades including full PEX repiping, newer flooring, and a completely remodeled primary en-suite bath, reducing immediate maintenance concerns for the buyer.
The layout is optimized for 55+ living with a secluded main-floor primary suite, while the upstairs loft with a full bath provides a private and versatile space for guests or a home office.
Situated on an expansive corner lot, the home offers enhanced privacy and access to elite Palmia amenities, including pickleball, putting greens, and exclusive Lake Mission Viejo privileges.
Located in the Palmia 55+ community, the property is restricted to a specific demographic, significantly narrowing the pool of potential buyers and future resale opportunities.
With a monthly association fee of nearly $500 and a premium price point for 1,635 square feet, the ongoing cost of ownership is relatively high compared to non-amenity-heavy neighborhoods.
Sophisticated Corner-Lot Villa in Premier 55+ Palmia. Nestled on an expansive corner lot, this immaculate Palmia residence shines with newer flooring and crisp, oversized baseboards. Vaulted ceilings and plantation shutters flood the open living and dining rooms with natural light, accented by a warm fireplace. The heart of the home features an island kitchen and a bright breakfast nook overlooking the yard, seamlessly connected to an intimate family room. Rest easy in the secluded main-floor primary suite, offering backyard access and a pristine, remodeled en-suite bath. Guests will love the private upstairs loft, complete with its own full bath, while a flexible second downstairs bedroom easily transforms into an executive office. Backed by practical upgrades like full PEX repiping, the home transitions effortlessly into a garden lover's backyard. Embrace an unmatched lifestyle with world-class community amenities—from pickleball and putting greens to exclusive Lake Mission Viejo privileges.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,635 | 1,923 |
| Lot Size | 4,900 | 6,200 |
| Price | $1.10M | $1.35M |
| Price per sq ft | $673 | $686 |
| Built year | 1990 | 1976 |
| HOA | $496.74 | $163 |
| Days on market | 27 | 45 |
Jun 25, 2026
$1,100,000
Initial Listing
Dec 3, 2021
$890,000
Public Record