21897 Southgate, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath

21897 Southgate, Mission Viejo, California 92692 home-pic-0

21897 Southgate

Mission Viejo, California 92692

ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,010Sq Ft
91,615Lot Size

Property Price

LIST PRICE$745,000

SUMMARY

Analysis of 21897 Southgate, Mission Viejo, California 92692 is currently available with a list price of $745,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Mission Viejo Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Excellent
TeardownExcellent

Property is new construction or fully renovated.

Although built in 1989, the property has undergone an extensive recent renovation within the last 5 years, making it turnkey and move-in ready. The kitchen features modern white shaker-style cabinetry, quartz countertops, a subway tile backsplash, and high-end stainless steel appliances. The interior is further enhanced by contemporary luxury vinyl plank flooring, recessed lighting, updated fixtures, and fully modernized bathrooms, meeting the highest standards for quality and condition.

PROSSTRENGTHS & OPPORTUNITIES

  • Turnkey Condition

    The property features modern interior upgrades and a move-in-ready status, providing a fresh aesthetic that eliminates the need for immediate post-purchase renovations.

  • Scenic Mountain Views

    The home offers peaceful, unobstructed views of Saddleback Mountain from the private balcony and main living areas, significantly enhancing the property's tranquility and appeal.

  • Exclusive Lake Access

    Membership to Lake Mission Viejo provides residents with premium lifestyle amenities, including access to private beaches, boating, and community events.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    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.

  • Compact Living Space

    At 1,010 square feet, the interior layout may feel restrictive for buyers accustomed to more expansive suburban floor plans or those requiring significant storage.

  • High Monthly Carrying Costs

    The $446 monthly association fee, coupled with the recent price reduction, suggests that the total cost of ownership may be a point of sensitivity for prospective buyers.

About 21897 Southgate

Thoughtfully updated and move-in ready, this inviting home offers comfortable living, scenic surroundings, and an exceptional Mission Viejo lifestyle in close proximity to the lake. The home features two well-proportioned bedrooms and two bathrooms, with a functional layout enhanced by abundant natural light and peaceful views of Saddleback Mountain. The main living spaces are open and welcoming, flowing seamlessly to a private balcony that serves as an ideal setting for entertaining or unwinding while enjoying the surrounding views. Turnkey interior upgrades make the home ready to live in, providing a fresh, modern feel throughout without sacrificing warmth or comfort. Both bedrooms offer privacy and flexibility, with the primary suite creating a relaxing retreat and the secondary bedroom well suited for guests or a home office. An attached garage provides secure parking along with valuable additional storage. The community offers resort-style amenities including a pool, spa, and walking paths that enhance everyday living. Residents also enjoy membership to Lake Mission Viejo, with access to beaches, boating, community events, and clubhouse facilities. Ideally located near shopping, dining, and recreation, with convenient access to the 5 Freeway and 241 Toll Road, this home delivers both lifestyle and convenience. With mountain views, turnkey condition, and access to one of Mission Viejo’s most sought-after amenities, this is a standout opportunity not to be missed.

Property Details

Public Facts

Property Type
Condominium
Year Built
1989
Lot Size
91,615 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$446.0 / Month

Neighborhood Insights

Mission Viejo Unified Schools

Melinda Heights Elementary School

Grades K-6 • 1.5 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

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,0101,365
11%
Lot Size91,61565,017
54%
Price$745.0K$868.0K
23%
Price per sq ft$738$610
80%
Built year19891987
57%
HOA$446.0$569
34%
Days on market38157
9%

Pricing History

Listed for Sale

Feb 26, 2026

$745,000

$765,000

-3% Price Drop

Initial Listing

Price Change

Jan 28, 2026

$765,000

Initial Listing

Sold

Feb 17, 2017

$410,000

Public Record

Sold

Mar 12, 2004

$373,000

Public Record

Sold

May 30, 2001

$207,000

Public Record

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