
Mission Viejo, California 92692
This Turnkey 55+ Sanctuary in Palmia is a Prime Investment Opportunity, listed at $1,300,000—positioned well below the $1,330,456 Fair Market Value by 2%. This valuation gap offers $30,456 in Instant Equity. Featuring an Excellent Condition Rating, this home includes Dual Primary Suites, a Granite Kitchen, and a private backyard oasis with a Cascading Waterfall. Located in the Saddleback Valley Unified district, this property is an ideal acquisition for Active Adult Homeowners or Downsizing Professionals seeking resort-style living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21375 Amora Subject | $1,300,000* List Price | 3 | 3 | 2,045 | $651 | - |
A 21235 Mazatlan Sold | $1,200,000 | 3 | 3 | 1,941 | $618 | 0.3 mi |
B 21282 Trivoli Sold | $1,230,000 | 3 | 3 | 2,045 | $601 | 0.1 mi |
C 21102 Ponderosa Sold | $1,370,000 | 4 | 3 | 2,289 | $599 | 0.6 mi |
D 21285 San Miguel Sold | $1,240,000 | 2 | 3 | 1,941 | $639 | 0.1 mi |
E 21235 San Miguel Sold | $1,295,000 | 3 | 3 | 1,941 | $667 | 0.2 mi |
F 28002 Virginia Sold | $1,250,000 | 4 | 3 | 1,956 | $639 | 0.7 mi |
G 21171 Foxtail Active | $1,299,700 List Price | 3 | 3 | 2,000 | $650 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1990 but exceptionally well-maintained with critical system upgrades including a full PEX repipe and advanced HVAC maintenance. The home features move-in ready finishes like bamboo flooring and a kitchen with granite countertops and high-end appliances. While some bathroom aesthetics and wallpaper are dated, the structural and mechanical integrity is superior for its age.
The rare floorplan features two primary suites, including a convenient downstairs retreat, providing exceptional flexibility for multi-generational living or hosting guests in a 55+ environment.
The home boasts significant high-value improvements, including a full PEX repipe, an advanced air-scrubbing system, and a comprehensive Alexa smart-home system for modern efficiency.
The private backyard oasis features a cascading waterfall, spa, and lighted gazebo, complemented by exclusive access to Palmia’s guard-gated amenities and Lake Mission Viejo.
At $546 per month, the association fees represent a significant recurring carrying cost that may be a deterrent for some buyers on a fixed income.
Built in 1990, certain aesthetic elements like beveled etched glass and the original layout may feel dated to buyers seeking a more contemporary open-concept design.
Imagine enjoying breathtaking sunset views, relaxing beside the soothing sound of cascading waterfalls, and embracing the resort-style lifestyle you've been dreaming of. Welcome to Palmia, one of Mission Viejo's most sought-after guard-gated 55+ communities. This beautiful 3-bedroom, 2.75 bath home offers approximately 2,045 square feet of living space, featuring soaring ceilings, bamboo flooring, beveled etched glass, and a warm gas-log fireplace. The kitchen's open floorplan is perfect for entertaining, featuring granite countertops, high-end appliances, and seamless flow into the living and dining areas. Featuring two primary bedrooms, this home offers exceptional comfort and flexibility. The downstairs primary suite offers a peaceful retreat, featuring two closets, including a cedar-lined walk-in closet, and a private enclosed toilet room for added comfort and privacy. Sliding glass doors provide direct access to the backyard oasis, where you can relax in the spa, take in breathtaking sunset views, and enjoy the tranquil sounds of the cascading waterfall fountain. The private upstairs suite features its own bathroom, closet and offers comfort and privacy for guests or visiting grandchildren. This home features many upgrades, including a full PEX repipe, epoxy-coated garage flooring, built-in garage cabinetry, HVAC tune-ups every six months, an advanced air-scrubbing system designed for dust and allergy abatement, gutter leaf covers, and an Alexa smart-home system that controls lighting throughout the gazebo, patio, porch, and select interior outlets. The backyard is your own private oasis, complete with a spectacular fountain featuring cascading waterfalls, a lighted raised gazebo, professional landscape lighting, a relaxing spa, and a storage shed. Whether entertaining guests or enjoying a quiet evening at home, this outdoor setting provides the perfect backdrop for Southern California living. Residents of Palmia enjoy a vibrant lifestyle with a clubhouse, pool and spa, pickleball, tennis courts, fitness center, bocce ball, an 18-hole putting green, beautifully maintained grounds, front landscaping included through the HOA, Cox cable service, gated security, and exclusive access to the outstanding amenities of Lake Mission Viejo. A beautiful blend of comfort, elegance and exceptional community amenities, this rare offering presents an opportunity to enjoy the very best of Orange County's premier active adult living.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 2.4 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,045 | 1,891 | 57% |
| Lot Size | 4,335 | 5,000 | 33% |
| Price | $1.30M | $1.30M | 50% |
| Price per sq ft | $636 | $665 | 40% |
| Built year | 1990 | 1984 | 73% |
| HOA | $546.0 | $260 | 71% |
| Days on market | 8 | 127 | 4% |
May 29, 2026
$1,300,000
Initial Listing
Nov 10, 2006
$820,000
Public Record
Nov 8, 2004
$710,000
Public Record