21191 Mazatlan, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 3 bath
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Mission Viejo, California 92692
This Single-Story Residence in the guard-gated Palmia community is a Strong Value Opportunity, listed at $1,144,000—positioned slightly above the $1,115,259 Fair Market Value. While the price reflects a premium, the home offers a Condition Rating of 4 with significant infrastructure upgrades, including PEX re-piping and a rebuilt patio cover. Featuring a rare 3-bedroom, 2.5-bath layout and access to Lake Mission Viejo, this property provides a turnkey lifestyle. It is an ideal acquisition for Active Adults or Retirees seeking a secure, amenity-rich environment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21191 Mazatlan Subject | $1,144,000* List Price | 2 | 3 | 1,765 | $632 | - |
A 21285 San Miguel Sold | $1,240,000 | 2 | 3 | 1,941 | $639 | 0.2 mi |
B 21341 Manzanillo Sold | $960,000 | 2 | 2 | 1,332 | $721 | 0.2 mi |
C 21285 Amora Sold | $1,025,000 | 2 | 3 | 2,129 | $481 | 0.3 mi |
D 28002 Virginia Sold | $1,250,000 | 4 | 3 | 1,956 | $639 | 0.5 mi |
E 21235 San Miguel Sold | $1,295,000 | 3 | 3 | 1,941 | $667 | 0.1 mi |
F 21415 Carabela Sold | $1,180,000 | 2 | 2 | 1,882 | $627 | 0.3 mi |
G 21015 Ponderosa Sold | $1,350,000 | 4 | 3 | 2,289 | $590 | 0.3 mi |
H 21282 Trivoli Sold | $1,230,000 | 3 | 3 | 2,045 | $601 | 0.2 mi |
I 21432 Bastia Active Under Contract | $1,199,000 List Price | 2 | 2 | 1,701 | $705 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, the property is 28 years old, placing it in the Fair category. While the home is described as immaculate and features a significant system upgrade with PEX re-piping, the kitchen and bathrooms remain dated with original 90s-style white cabinetry and appliances.
This property features a highly sought-after single-level floor plan with 2.5 bathrooms, a rare configuration in the Palmia community that provides superior convenience and functionality for its size.
Residents enjoy access to guard-gated security and extensive resort-style facilities, including pickleball, tennis, and exclusive membership to Lake Mission Viejo for boating and concerts.
The home is in immaculate condition with critical infrastructure upgrades like PEX re-piping, fresh interior paint, and a rebuilt patio cover, offering a turnkey move-in experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1765, other record living area = 1725.
The property is noted as having no specific views, which may be a disadvantage compared to other homes in the area that offer hills, city lights, or greenbelt vistas.
As a 55+ senior community residence, the potential buyer pool is restricted to a specific age demographic, which can limit market liquidity compared to non-restricted neighborhoods.
IMMACULATE and picture-perfect, this beautifully maintained single-story home is nestled on a quiet cul-de-sac within the prestigious 55+ guard-gated Palmia community. Offering 1,765 square feet of thoughtfully designed living space, this highly sought-after floor plan features 3 bedrooms and 2.5 bathrooms—one of the few and only single-story layouts in Palmia with 2.5 baths. A welcoming formal entry opens to an elegant living and dining room, creating an inviting space for entertaining. The third bedroom, currently configured as a home office with a custom built-in desk, offers flexibility to suit your lifestyle. The spacious family room is filled with natural light and features a cozy fireplace, charming breakfast nook, and direct access to the private backyard. The bright, open kitchen is appointed with granite countertops, a double oven, generous pantry, and abundant cabinetry, making it both beautiful and functional. The spacious primary suite is a peaceful retreat with direct access to the backyard. The luxurious primary bath offers a large walk-in shower, dual-sink granite vanity, linen storage, and an oversized walk-in closet. Privately situated at the opposite end of the home, the guest bedroom enjoys its own en-suite bathroom, providing exceptional comfort and privacy for family or visitors. Additional upgrades include PEX re-piping, plantation shutters, custom window coverings, fresh interior paint, and a rebuilt patio cover. Palmia is one of Orange County's premier active adult communities, offering resort-style amenities including tennis, pickleball, paddle tennis, bocce ball, a sparkling pool and spa, fitness center, library, billiards room, card rooms, clubhouse, and an active social calendar filled with clubs, events, and activities. Residents also enjoy membership to Lake Mission Viejo, featuring sandy beaches, boating, fishing, picnic areas, and outstanding summer concerts. This exceptional home combines comfort, elegance, and an unmatched lifestyle in one of Mission Viejo's most desirable communities.
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 | 2.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,765 | 1,923 |
| Lot Size | 4,302 | 6,200 |
| Price | $1.14M | $1.35M |
| Price per sq ft | $648 | $686 |
| Built year | 1998 | 1976 |
| HOA | $496.74 | $163 |
| Days on market | 11 | 45 |
Jul 11, 2026
$1,144,000
Initial Listing
Jul 28, 2016
$650,000
Public Record
Jul 19, 1996
$195,000
Public Record