
Mission Viejo, California 92692
This Turnkey 55+ Residence is a Strong Value Opportunity, listed at $1,200,000—positioned well below the $1,210,358 Fair Market Value by 0.85%. This valuation gap offers $10,358 in Instant Equity. Featuring a Good Condition Rating with recent flooring and paint, the home offers a private wrap-around yard and access to resort-style Palmia amenities. Located near top-rated schools like Trabuco Hills High, this property is an ideal fit for Active Retirees or Owner-Occupants seeking a refined, low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21251 Mazatlan Subject 3 bd · 3 ba · 1,941 sqft · $624 | $1,200,000* List Price | 3 | 3 | 1,941 | $624 | - |
A 21285 Mazatlan Sold 3 bd · 3 ba · 1,941 sqft · $610 · 0.0 mi | $1,183,999 | 3 | 3 | 1,941 | $610 | 0.0 mi |
B 21451 Canaria Sold 2 bd · 3 ba · 2,219 sqft · $604 · 0.3 mi | $1,339,900 | 2 | 3 | 2,219 | $604 | 0.3 mi |
C 21262 Limber Sold 3 bd · 3 ba · 1,752 sqft · $696 · 0.2 mi | $1,220,000 | 3 | 3 | 1,752 | $696 | 0.2 mi |
D 21375 Amora Sold 3 bd · 3 ba · 2,045 sqft · $658 · 0.2 mi | $1,345,000 | 3 | 3 | 2,045 | $658 | 0.2 mi |
E 21315 Amora Sold 3 bd · 3 ba · 2,045 sqft · $650 · 0.2 mi | $1,330,000 | 3 | 3 | 2,045 | $650 | 0.2 mi |
F 28102 Virginia Sold 4 bd · 3 ba · 1,956 sqft · $695 · 0.4 mi | $1,360,000 | 4 | 3 | 1,956 | $695 | 0.4 mi |
G 21191 Mazatlan Sold 2 bd · 3 ba · 1,765 sqft · $636 · 0.1 mi | $1,122,000 | 2 | 3 | 1,765 | $636 | 0.1 mi |
H 21162 Whitebark Sold 3 bd · 3 ba · 1,976 sqft · $622 · 0.4 mi | $1,230,025 | 3 | 3 | 1,976 | $622 | 0.4 mi |
I 21171 Foxtail Active Under Contract 3 bd · 3 ba · 2,000 sqft · $575 · 0.5 mi | $1,149,700 List Price | 3 | 3 | 2,000 | $575 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1996, the property is approximately 28 years old, which typically falls into the 'Fair' category; however, the recent interior refresh including new flooring and paint throughout elevates it to 'Good'. The home is well-maintained, functional, and move-in ready, though the kitchen and bathrooms likely retain their original 1990s cabinetry and layout.
Residents benefit from the extensive Palmia 55+ community facilities and exclusive membership to Lake Mission Viejo, offering a high-quality active lifestyle with access to boating, beaches, and sports courts.
The home features fresh paint, new flooring, and a desirable main-floor primary suite, combining contemporary aesthetics with functional accessibility for long-term living.
Situated on a corner lot, the property boasts a private wrap-around yard that provides significantly more outdoor living space and privacy than standard units in the subdivision.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4485, other record lot size in square feet = 3250. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The monthly association fee of $546 represents a substantial recurring cost that may impact the overall affordability for budget-conscious buyers.
The property lacks a designated view, which may be a disadvantage compared to other premium listings in Mission Viejo that offer hills or city light vistas.
Welcome to this exceptional residence in the highly desirable 55+ community of Palmia! This distinctive home offers a wonderful combination of comfort, functionality, privacy, and indoor-outdoor living. You’ll appreciate the inviting sense of space created by soaring ceilings, abundant windows, new flooring & paint throughout and an abundance of natural light. The thoughtfully designed floor plan seamlessly connects the Great Room, dining area, and kitchen, creating an ideal setting for everyday living and entertaining. A cozy fireplace adds warmth and ambiance to the living area, while the spacious kitchen features generous cabinetry, a pantry, and ample workspace for the home chef. The adjoining den/office provides a versatile space for working from home, reading, or relaxing. The main-level primary suite offers a peaceful retreat and features an ensuite bath with dual vanities and a spacious walk-in closet. Upstairs, a generous loft or 3rd bedroom (as some have elected to enclose) provides additional living space, while the second ensuite bedroom offers privacy and comfort for guests or family members. Step outside to the wrap-around yard, where the corner-lot setting creates a wonderful extension of the living space. Whether enjoying your morning coffee, entertaining friends, or simply relaxing in the privacy of your own outdoor retreat, this inviting yard offers plenty of possibilities. Palmia residents enjoy an exceptional resort-style lifestyle with an impressive array of amenities, including a clubhouse, swimming pool, spa, fitness room, 18-hole putting green, pickleball and tennis courts, library, shuffleboard, and bocce ball. Palmia homeowners also enjoy membership to Lake Mission Viejo, offering boating, beaches, concerts, fishing, and picnicking. Conveniently located near shopping, restaurants, entertainment, and everyday conveniences, this home offers the best of comfortable living and an active 55+ lifestyle. Welcome home to Palmia!
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 | 2.7 |
| Square foot | 1,941 | 1,986.183 |
| Lot Size | 4,485 | 5,984.226 |
| Price | $1.20M | $1.36M |
| Price per sq ft | $618 | $682 |
| Built year | 1996 | 1977 |
| HOA | $546.0 | $213 |
| Days on market | 10 | 49 |
Oct 15, 2026
$1,200,000
Initial Listing
May 10, 1996
$203,000
Public Record