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21341 Manzanillo, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath

21341 Manzanillo, Mission Viejo, California 92692 home-pic-0
ACTIVE$999,000
21341 Manzanillo, Mission Viejo, California 92692
2Beds
2Baths
1,332Sqft
4,200Lot

Price Vs. Estimate

The estimated value ($999,000) is $0 (0%) lower than the list price ($999,000). This property may be overpriced.

Key pros and cons

Top Pros:
Exclusive 55+ Community & Security: Located in the highly desirable, gated Palmia senior 55+ community with security guard and controlled access, offering peace of mind and a tailored lifestyle.
Top Cons:
Age of Core Systems: Built in 1989, the property's core systems (e.g., HVAC, roof, plumbing, electrical) may be original or nearing the end of their lifespan, potentially requiring significant future maintenance or replacement costs.

Compared to the nearby listings

Price:$999.0K vs avg $1.19M ($-192,950)32%
Size:1,332 sqft vs avg 1,742 sqft14%
Price/sqft:$750 vs avg $64282%

More Insights

Built in 1989 (36 years old).
Condition: The home was built in 1989, making it 35 years old. While it is very well-maintained and clean, and features some updates like newer windows, stainless steel kitchen appliances, a mosaic backsplash, and a modern shower in one bathroom, other key areas show their age. The kitchen cabinets are traditional and not modern, and the master bathroom appears largely original or minimally refreshed, with dated fixtures and finishes. The carpeting and some light fixtures also contribute to an older aesthetic. The property is functional and move-in ready but would benefit from further cosmetic updates to align with current styles, particularly in the kitchen and master bathroom. The age of core systems is also noted as a potential weakness.
Year Built
1989
Close
-
List price
$999K
Original List price
$1.05M
Price/Sqft
$750
HOA
$467.75
Days on market
-
Sold On
-
MLS number
PW25201564
Home ConditionFair
Features
Good View: Park/Greenbelt
Patio
ViewPark/Greenbelt

About this home

Come and see this charming single-story home located in the highly desirable Palmia senior 55+ community! This unit offers a unique location with more privacy as there is no one behind the property and the back patio looks out onto a big, beautiful greenbelt. It has newer windows and an open floor plan. The master bedroom offers entry to the patio through beautiful sliding doors and also has a large bathroom with double sinks. The garage has everything you need, with lots of storage cabinets, shelving and 2 large ceiling racks. A versatile den compliments the large living room, and you can choose to eat in the formal dining area or the cute kitchen nook! This home is a short, easy walk to the beautiful clubhouse and pool where you can also enjoy many amenities such as tennis courts, golf course, pickleball, bocce ball, shuffleboard, a grand ballroom, billiard room, exercise room and lots of fun activities! The community is gated with a security guard and controlled access. HOA dues include internet and ownership also comes with Lake Mission Viejo membership. This gem is perfectly nestled in one of the most sought-after neighborhoods, close to all kinds of shopping and restaurants, and is perfect for peaceful and quiet living in a premium adult community.

Nearby schools

8/10
Melinda Heights Elementary School
Public,•K-6•0.9mi
7/10
Rancho Santa Margarita Intermediate School
Public,•7-8•2.7mi
8/10
Trabuco Hills High School
Public,•9-12•0.9mi
Condition Rating
Fair
The home was built in 1989, making it 35 years old. While it is very well-maintained and clean, and features some updates like newer windows, stainless steel kitchen appliances, a mosaic backsplash, and a modern shower in one bathroom, other key areas show their age. The kitchen cabinets are traditional and not modern, and the master bathroom appears largely original or minimally refreshed, with dated fixtures and finishes. The carpeting and some light fixtures also contribute to an older aesthetic. The property is functional and move-in ready but would benefit from further cosmetic updates to align with current styles, particularly in the kitchen and master bathroom. The age of core systems is also noted as a potential weakness.
Pros & Cons

Pros

Exclusive 55+ Community & Security: Located in the highly desirable, gated Palmia senior 55+ community with security guard and controlled access, offering peace of mind and a tailored lifestyle.
Exceptional Privacy & Greenbelt Views: Unique positioning with no rear neighbors and a back patio overlooking a large, beautiful greenbelt, providing enhanced privacy and serene views.
Extensive Community Amenities: Residents enjoy a short walk to a clubhouse, pool, tennis courts, golf course, pickleball, bocce ball, shuffleboard, grand ballroom, billiard room, and exercise room, fostering an active and social lifestyle.
Valuable HOA Inclusions: HOA dues cover internet and include membership to Lake Mission Viejo, adding significant value and recreational opportunities.
Functional Single-Story Layout & Updates: Features a charming single-story design with newer windows, an open floor plan, a versatile den, and a garage equipped with extensive storage solutions.

Cons

Age of Core Systems: Built in 1989, the property's core systems (e.g., HVAC, roof, plumbing, electrical) may be original or nearing the end of their lifespan, potentially requiring significant future maintenance or replacement costs.
Limited Buyer Pool (55+ Community): The property's location within a 55+ senior community significantly restricts the eligible buyer demographic, potentially impacting market demand and resale velocity.
Substantial Monthly HOA Dues: The monthly HOA fee of $467.75, while inclusive of internet and Lake Mission Viejo membership, represents a considerable ongoing expense that buyers must budget for.

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