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

21897 Southgate
Mission Viejo, California 92692
Property Price
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
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
Rancho Santa Margarita Intermediate School
Grades 7-8 • 3.1 mi
Trabuco Hills High School
Grades 9-12 • 0.8 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,010 | 1,365 | 11% |
| Lot Size | 91,615 | 65,017 | 54% |
| Price | $745.0K | $868.0K | 23% |
| Price per sq ft | $738 | $610 | 80% |
| Built year | 1989 | 1987 | 57% |
| HOA | $446.0 | $569 | 34% |
| Days on market | 38 | 157 | 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







































