21885 Southgate, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 3 bath
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Mission Viejo, California 92692
This Turnkey Condominium represents a Strong Value Opportunity, listed at $760,000—positioned well below the $772,999 Fair Market Value by 1.68%. This valuation gap offers $12,999 in Instant Equity. Featuring an Excellent Condition Rating with recent upgrades like new stainless-steel appliances and vinyl flooring, the home offers a serene Canyon View and access to Lake Mission Viejo. Located within the Saddleback Valley Unified district, this property is an ideal choice for first-time buyers or owner-occupants seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21885 Southgate Subject | $760,000* List Price | 2 | 3 | 1,241 | $637 | - |
A 21897 Southgate Sold | $735,000 | 2 | 2 | 1,010 | $728 | 0.0 mi |
B 28914 Paseo Caravella Sold | $795,000 | 2 | 2 | 1,278 | $622 | 0.9 mi |
C 28810 Paseo Campana Sold | $870,000 | 3 | 2 | 1,428 | $609 | 0.8 mi |
D 135 California Court Sold | $735,000 | 2 | 2 | 1,365 | $538 | 0.9 mi |
E 28901 Paseo Sabatini Sold | $796,900 | 2 | 2 | 1,278 | $624 | 1.0 mi |
F 21658 Paseo Maravia Sold | $774,900 | 2 | 2 | 1,278 | $606 | 1.0 mi |
G 21527 Paseo Palmetto Sold | $844,000 | 3 | 2 | 1,428 | $591 | 0.9 mi |
H 28935 Paseo Theresa Sold | $785,000 | 2 | 2 | 1,278 | $614 | 1.0 mi |
I 21852 Bahamas 16 Active | $788,000 List Price | 2 | 3 | 1,241 | $635 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While built in 1989, the property has undergone a recent renovation (<5 years) featuring a new A/C unit, new stainless-steel appliances, upgraded vinyl flooring, and new double-pane windows. The kitchen and baths have been refreshed with modern surfaces, and the home is in mint, move-in ready condition.
The property features significant recent improvements, including a new A/C unit, stainless-steel appliances, upgraded vinyl flooring, and a garage with epoxy flake floors, ensuring a turnkey experience for the buyer.
Residents enjoy premium lifestyle perks including a membership to Lake Mission Viejo for boating and concerts, as well as access to the Coral Gardens community pool and spa.
This unit offers rare dual outdoor areas with both a private front yard and a secluded backyard featuring new turf that backs onto a serene hillside with canyon views.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =91615, other record lot size in square feet = 3812.
The monthly HOA fee of $535 is a significant recurring expense that may impact the overall affordability and debt-to-income ratio for some buyers.
At 1,241 square feet with only two bedrooms, the property may lack the necessary space for growing families or those requiring a dedicated home office.
Don't miss out on this beautiful two-bedroom, two and one-half bath home located in the desirable Coral Gardens community. This light and bright unit offers upgraded vinyl flooring, new stainless-steel appliances and vaulted ceilings, adding instant volume and natural light. Open the back doors to your own private back yard with added turf, backing up to the hillside giving you a secluded serene setting. It also has a private front yard for extra outdoor space. The two bedrooms and laundry are upstairs with the primary having an ensuite, two closets and a balcony to enjoy your morning coffee. The second bedroom has its own private bath just outside the doors. Additionally there is a 1/2 bath downstairs for guests. New A/C unit, double-pane windows with a new garage door and epoxy flake floors, additional assigned covered parking space directly in front. The community has a pool, spa and plenty of outdoor activities nearby. This includes a membership to Lake Mission Viejo that offers activities such as, boating, beaches, community events/concerts, and a clubhouse. Located in the heart of dining, shopping with convenient access to the freeway, this home is a perfect move-in ready opportunity.
No exterior & parking available.
Grades K-6 • 1.5 mi
Grades 7-8 • 3.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,241 | 1,369 |
| Lot Size | 91,615 | 70,876 |
| Price | $760.0K | $736.2K |
| Price per sq ft | $612 | $608 |
| Built year | 1989 | 1983 |
| HOA | $535.0 | $444 |
| Days on market | 48 | 55 |
Jun 4, 2026
$760,000
Initial Listing
Nov 10, 2020
$515,000
Public Record
Jun 11, 2014
$370,000
Public Record
Nov 13, 2002
$285,000
Public Record
Nov 3, 2000
$200,000
Public Record