
Mission Viejo, California 92692
This Stunning 55+ View Residence is a Strong Value Opportunity, listed at $1,339,900—positioned well below the $1,381,177 Fair Market Value by 2%. This valuation gap offers $41,277 in Instant Equity for the buyer. Featuring a Good Condition Rating with a recently remodeled spa-inspired primary bath and breathtaking panoramic canyon views, this home offers a turnkey lifestyle in the prestigious Palmia community. It is an ideal acquisition for Active Retirees or Owner-Occupants seeking luxury, community amenities, and long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21451 Canaria Subject | $1,339,900* List Price | 2 | 3 | 2,219 | $622 | - |
A 21375 Amora Sold | $1,345,000 | 3 | 3 | 2,045 | $658 | 0.1 mi |
B 21285 San Miguel Sold | $1,240,000 | 2 | 3 | 1,941 | $639 | 0.2 mi |
C 21285 Amora Sold | $1,025,000 | 2 | 3 | 2,129 | $481 | 0.2 mi |
D 21282 Trivoli Sold | $1,230,000 | 3 | 3 | 2,045 | $601 | 0.2 mi |
E 21235 San Miguel Sold | $1,295,000 | 3 | 3 | 1,941 | $667 | 0.3 mi |
F 21332 Tarraco Sold | $1,225,000 | 2 | 2 | 1,933 | $634 | 0.3 mi |
G 21102 Ponderosa Sold | $1,370,000 | 4 | 3 | 2,289 | $599 | 0.6 mi |
H 21235 Mazatlan Sold | $1,200,000 | 3 | 3 | 1,941 | $618 | 0.3 mi |
I 21488 Miramar Active | $1,229,000 List Price | 3 | 3 | 2,045 | $601 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1992 (34 years old), the property exceeds the age for 'Excellent' but is elevated to 'Good' due to a recently remodeled spa-inspired primary bathroom and updated flooring. The home is well-maintained, functional, and move-in ready, showing no signs of the 'dated' status typical of its original construction year.
The property is situated on a premium lot offering unobstructed views of Modjeska Canyon, Saddleback Mountain, and city lights, providing a high-value outdoor living experience.
The desirable Salerno floor plan features a spacious main-floor primary suite with a recently remodeled spa-inspired bathroom, catering perfectly to the accessibility needs of the 55+ demographic.
Located in the prestigious guard-gated Palmia community, residents benefit from an active lifestyle with access to a clubhouse, fitness center, sports courts, and exclusive Lake Mission Viejo membership.
Despite having over 2,200 square feet of living space, the home only offers two bedrooms, which may limit appeal for buyers requiring a dedicated home office plus guest accommodations.
The $546 monthly association fee, while providing extensive amenities, adds a significant recurring expense to the property's overall cost of ownership.
Welcome to one of Palmia's most EXCEPTIONAL VIEW residences, gracefully situated within the prestigious Terraces neighborhood of this highly sought-after 24-hour guard-gated 55+ community. This highly desirable "Salerno" floor plan offers approximately 2,219 square feet of living space, featuring a spacious main-level primary suite with a retreat area, soaring ceilings, and expansive windows that fill the home with abundant natural light. Recently enhanced with a beautifully remodeled spa-inspired primary bathroom, this home blends timeless elegance with modern comfort. The inviting formal living and dining rooms flow effortlessly into the open family room and kitchen, creating the perfect setting for both everyday living and entertaining. The kitchen opens to an eating nook, which leads to your oversized family room overlooking the spectacular backyard. Step outside to your own private sanctuary and experience breathtaking panoramic views stretching across Modjeska Canyon, Saddleback Mountain, sparkling city lights, and unforgettable California sunsets. Whether enjoying a peaceful morning coffee or entertaining family and friends, the outdoor living space offers a truly remarkable backdrop. Residents of Palmia enjoy an award-winning active adult lifestyle with a clubhouse, swimming pools, spa, fitness center, tennis and pickleball courts, library, billiards, bocce ball, countless clubs and social activities, plus exclusive Lake Mission Viejo membership. Conveniently located near shopping, restaurants, golf, and major medical facilities, this exceptional home offers the rare opportunity to enjoy luxury, comfort, and breathtaking views in one of Orange County’s most sought-after 55+ communities. Luxury. Comfort. Community. Welcome home to Palmia.
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades 7-8 • 2.5 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,219 | 1,923 |
| Lot Size | 4,576 | 6,200 |
| Price | $1.34M | $1.35M |
| Price per sq ft | $604 | $686 |
| Built year | 1992 | 1976 |
| HOA | $546.0 | $163 |
| Days on market | 3 | 45 |
Jul 19, 2026
$1,339,900
Initial Listing
Oct 4, 2023
$1,240,000
Public Record
Nov 10, 2020
$825,000
Public Record
Jun 5, 2015
$730,000
Public Record