21895 Barbados, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 3 bath
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21895 Barbados
Mission Viejo, California 92692
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,241Sq Ft
133,500Lot Size
Property Price
LIST PRICE$759,000
EST. MARKET VALUE
$801,488
5% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $759,000—positioned well below the $801,488 Fair Market Value by 5%. This valuation gap offers $42,488 in Instant Equity for the buyer. Featuring a Mint Condition Rating, the home includes modern kitchen updates, LVP flooring, and private outdoor spaces. Residents enjoy exclusive Lake Mission Viejo privileges and proximity to top-rated schools like Trabuco Hills High. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in-ready lifestyle.
Estimated Market Value
$801,488+$42,488 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Mission Viejo.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21895 Barbados Subject 2 bd · 3 ba · 1,241 sqft · $646 | $759,000* List Price | 2 | 3 | 1,241 | $646 | - |
A 21852 Bahamas 16 Sold 2 bd · 3 ba · 1,241 sqft · $635 · 0.1 mi | $788,000 | 2 | 3 | 1,241 | $635 | 0.1 mi |
B 21885 Southgate Sold 2 bd · 3 ba · 1,241 sqft · $612 · 0.1 mi | $760,000 | 2 | 3 | 1,241 | $612 | 0.1 mi |
C 21691 Fairbrook 37 Sold 2 bd · 2 ba · 1,062 sqft · $786 · 0.4 mi | $835,000 | 2 | 2 | 1,062 | $786 | 0.4 mi |
D 27911 Freeport Sold 3 bd · 3 ba · 1,543 sqft · $550 · 0.2 mi | $848,000 | 3 | 3 | 1,543 | $550 | 0.2 mi |
E 27923 Windsor 184 Sold 3 bd · 3 ba · 1,610 sqft · $589 · 0.1 mi | $948,900 | 3 | 3 | 1,610 | $589 | 0.1 mi |
F 28810 Paseo Campana Sold 3 bd · 2 ba · 1,428 sqft · $609 · 0.9 mi | $870,000 | 3 | 2 | 1,428 | $609 | 0.9 mi |
G 21897 Southgate Sold 2 bd · 2 ba · 1,010 sqft · $728 · 0.1 mi | $735,000 | 2 | 2 | 1,010 | $728 | 0.1 mi |
H 21954 Barbados Active 3 bd · 3 ba · 1,543 sqft · $616 · 0.0 mi | $949,900 List Price | 3 | 3 | 1,543 | $616 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1988, the property has undergone a recent comprehensive renovation (likely within the last 5 years) as evidenced by the modern kitchen with white shaker cabinets and stainless steel appliances, updated bathrooms, and new LVP flooring throughout the main level. The interior is in mint, move-in-ready condition with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Updates
The home features a recently updated kitchen and bathrooms along with contemporary LVP flooring, offering a turnkey, move-in-ready experience for buyers.
- Superior Parking & Outdoor Living
Unlike many condominiums, this unit provides a one-car garage, a driveway, and a carport, complemented by rare private front and rear outdoor spaces.
- Exclusive Community Amenities
Residents benefit from premium community facilities and highly coveted Lake Mission Viejo privileges, including access to private beaches, boating, and seasonal concerts.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =133500, other record lot size in square feet = 197191.
- High Association Fees
The monthly HOA fee of $577.25 is a significant recurring expense that may affect the overall affordability and debt-to-income ratio for some buyers.
- Limited Bedroom Capacity
With only two bedrooms, the property may see restricted demand from growing families or professionals requiring multiple dedicated workspaces.
About 21895 Barbados
Light, bright, and beautifully updated, this inviting 2-bedroom, 3-bathroom home offers the perfect blend of comfort, style, and the best of the Mission Viejo lifestyle. The updated kitchen and bathrooms provide a fresh, modern feel, while LVP flooring throughout the downstairs adds a clean and contemporary touch. Enjoy your own private front courtyard and backyard—perfect for morning coffee, outdoor dining, entertaining, or simply relaxing in your own private outdoor spaces. Parking is a standout feature with a one-car garage, driveway space for an additional vehicle, a dedicated carport space, and plenty of guest parking. The community offers wonderful amenities including a sparkling pool and tennis courts. In addition, homeowners enjoy Lake Mission Viejo privileges, which open the door to two beaches, swimming, fishing, boat and watercraft rentals, picnic and BBQ areas, and special events including the lake's popular summer concert series. Whether you're enjoying a quiet morning at home, spending an afternoon by the pool, playing tennis, or heading to the lake for a beach day or sunset concert, this home offers an opportunity to enjoy an active and relaxed Southern California lifestyle. With its light and bright interior, thoughtful updates, private outdoor spaces, and exceptional amenities, 21895 Barbados is ready to welcome you home.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 133,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $577.25 / Month
Neighborhood Insights
Mission Viejo Unified Schools
Melinda Heights Elementary School
Grades K-6 • 1.6 mi
8/10
Rancho Santa Margarita Intermediate School
Grades 7-8 • 3.1 mi
7/10
Trabuco Hills High School
Grades 9-12 • 0.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,241 | 1,240.63 |
| Lot Size | 133,500 | 97,777.444 |
| Price | $759.0K | $756.5K |
| Price per sq ft | $612 | $613 |
| Built year | 1988 | 1987 |
| HOA | $577.25 | $512 |
| Days on market | 25 | 59 |
Pricing History
Listed for Sale
Sep 30, 2026
$759,000
Initial Listing
Sold
Oct 4, 2022
$650,000
Public Record
Sold
Oct 22, 2003
$327,000
Public Record
Sold
Nov 3, 1999
$181,000
Public Record