21488 Miramar, Mission Viejo, California 92692, Mission Viejo, 92692 - 3 bed, 3 bath
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Mission Viejo, California 92692
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,249,000—positioned well below the $1,261,886 Fair Market Value by 1%. This gap provides $12,886 in Instant Equity. Featuring a Condition Rating of 3, the home includes significant infrastructure upgrades like epoxy re-piping and a modernized HVAC. Located in the Saddleback Valley Unified district with access to top-rated schools, this property is an ideal fit for Owner-Occupants or lifestyle-focused buyers seeking resort-style amenities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21488 Miramar Subject | $1,229,000* List Price | 3 | 3 | 2,045 | $611 | - |
A 21375 Amora Sold | $1,345,000 | 3 | 3 | 2,045 | $658 | 0.2 mi |
B 28752 Bolanos Sold | $1,150,000 | 4 | 3 | 1,882 | $611 | 0.5 mi |
C 21235 San Miguel Sold | $1,295,000 | 3 | 3 | 1,941 | $667 | 0.3 mi |
D 21285 Amora Sold | $1,025,000 | 2 | 3 | 2,129 | $481 | 0.3 mi |
E 28002 Virginia Sold | $1,250,000 | 4 | 3 | 1,956 | $639 | 0.5 mi |
F 21285 San Miguel Sold | $1,240,000 | 2 | 3 | 1,941 | $639 | 0.2 mi |
G 21776 Lanar Sold | $1,190,000 | 3 | 2 | 1,561 | $762 | 0.3 mi |
H 28782 Bolanos Sold | $1,360,000 | 4 | 3 | 1,882 | $723 | 0.5 mi |
I 21451 Canaria Active | $1,339,900 List Price | 2 | 3 | 2,219 | $604 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1989 but significantly updated and well-maintained. Key systems have been modernized, including a newer HVAC, water heater, and epoxy re-piping. The kitchen features granite countertops and stainless appliances, and the primary bathroom has been tastefully renovated. The property is move-in ready with functional, mid-range age renovations (5-15 years) that align with the 'Good' criteria.
The thoughtfully designed layout features both the primary and a secondary bedroom on the main floor, offering a highly desirable configuration for long-term accessibility and convenience.
The property boasts high-value improvements including epoxy re-piping, a newer HVAC system, and a newer water heater, providing peace of mind and reducing immediate maintenance concerns for the buyer.
Residents benefit from the extensive amenities of Palmia, including pickleball, a putting green, and a clubhouse, alongside exclusive membership access to Lake Mission Viejo for boating and concerts.
The property listing indicates no specific view, which may be a disadvantage compared to other homes in the Mission Viejo area that offer hills, city lights, or lake vistas.
The third bedroom is currently configured as an open loft; while versatile, it requires additional construction to enclose if a fully private third bedroom is required.
A Warm and Welcoming foyer with soaring Vaulted ceilings, offers a glimpse into this Spacious and thoughtfully Designed Layout. Oversized Baseboards, wood and tile flooring create a seamless flow throughout the home. The Main level is thoughtfully designed for convenience, featuring both a Primary and Secondary bedroom. Upstairs, you'll find a versatile Ensuite Loft or Third bedroom (if one elects to enclose), complete with a walk-in closet, Full Bathroom and an open view to the first floor, adding to the home's grand, airy feel. The Living room, accentuated by Vaulted ceilings and a Cozy Fireplace, flows beautifully into the dining area—perfect for hosting gatherings and special occasions. In the Kitchen, high ceilings continue the sense of openness, with an inviting layout that seamlessly connects to the Family room and provides direct access to the backyard. The Kitchen is encompassed with warm wood cabinetry, Stainless Appliances, Granite countertops, and an extended Island with a Gas cooktop and counter seating. The Primary Ensuite, located on the Main level, boasts a Walk-in closet. The Bathroom has been tastefully updated, Dual basins, Modern fixtures, and a Spacious shower. The Second-level loft also has a Full Bathroom, offering a flexible space that can serve as an additional bedroom or multi-purpose area. Additional features include an Indoor laundry room and a garage with Extra cabinetry for storage. Other noteworthy home improvements, the home has been Re-piped with epoxy, a newer HVAC system, and a Newer water heater, adding even more value to this exceptional property. Step outside to the serene, wrap-around backyard, with a covered patio, an ideal setting for outdoor relaxation or entertaining. Living in Palmia grants access to exceptional amenities, including a Clubhouse, Pool, Spa, Fitness room, Pickleball and tennis courts, an 18-hole putting green, Bocce ball, Shuffleboard, and more. Additionally, you'll enjoy membership to Lake Mission Viejo, where you can experience boating, concerts, and picnics. This home offers a perfect blend of luxury, convenience, and resort-style living!
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 2.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,045 | 1,923 |
| Lot Size | 5,000 | 6,200 |
| Price | $1.23M | $1.35M |
| Price per sq ft | $601 | $686 |
| Built year | 1989 | 1976 |
| HOA | $546.0 | $163 |
| Days on market | 35 | 45 |
Jul 20, 2026
$1,229,000
$1,249,000
-2% Price Drop
Initial Listing
Jun 17, 2026
$1,249,000
Initial Listing
Dec 3, 2008
$600,000
Public Record
Aug 22, 2002
$490,000
Public Record