
Mission Viejo, California 92692
This Luxurious Mediterranean Estate is a Strong Value Opportunity, listed at $2,600,000—positioned well below the $2,767,154 Fair Market Value by 6%. This valuation gap provides $167,154 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the home features a remodeled gourmet kitchen, owned solar panels, and a resort-style pool with mountain views. Located in the guard-gated Canyon Crest Estates near the 9/10 rated Arroyo Vista Middle School, it offers a premium lifestyle with significant financial upside. This is an ideal sanctuary for luxury-seeking families or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22051 Oak Grove Subject | $2,600,000* List Price | 5 | 5 | 4,975 | $570 | - |
A 22261 Clearbrook Sold | $2,278,000 | 4 | 5 | 3,520 | $647 | 0.5 mi |
B 22291 Amber Rose Sold | $1,970,000 | 4 | 3 | 3,166 | $622 | 0.6 mi |
C 22652 Sweetmeadow Sold | $1,900,000 | 4 | 3 | 3,057 | $622 | 0.7 mi |
D 28811 Greenacres Sold | $2,120,000 | 5 | 3 | 3,307 | $641 | 0.1 mi |
E 22816 Maiden Lane Sold | $2,100,000 | 6 | 4 | 3,556 | $591 | 0.8 mi |
F 22187 Westcliff Active | $2,860,000 List Price | 5 | 5 | 4,800 | $596 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1988, the property has undergone extensive recent renovations within the last 5 years that meet current luxury standards. Key updates include a newly remodeled gourmet kitchen with quartz countertops, newly installed luxury vinyl plank flooring, and significant system upgrades such as new HVAC with heat pumps, owned solar panels, and fresh exterior paint. The primary bathroom is modernized with travertine and a glass-enclosed shower, and the resort-style pool area is in pristine condition, leaving no evidence of deferred maintenance.
Middle School: Arroyo Vista Middle School (9/10).
The estate features significant high-value improvements, including owned solar panels, new HVAC systems with heat pumps, and a remodeled gourmet kitchen, ensuring immediate energy efficiency and reduced move-in costs.
With five bedrooms, a dedicated office, and a large bonus room, the layout provides exceptional flexibility for remote work, guests, or multi-generational living, which is a rare and highly sought-after combination.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4975, other record living area = 4710.
The nearly 5,000-square-foot home occupies a significant portion of the 8,000-square-foot lot, resulting in a backyard that is primarily hardscaped with minimal green space for pets or play.
While the elementary and middle schools are conveniently located within 3 miles, the designated high school is over 7 miles away, which may be a logistical drawback for families with older children.
This luxurious Mediterranean estate in the guard gated enclave of Canyon Crest Estates offers an exceptional blend of sophistication and functionality, featuring 5 spacious bedrooms, a dedicated office, and an expansive bonus room—a rare combination that elevates the home’s desirability. From the moment you enter, the home impresses with expansive formal living spaces, soaring vaulted ceilings, and a highly desirable open concept custom floor plan. The newly remodeled gourmet kitchen is a centerpiece of refinement, showcasing quartz countertops, and generous workspace—seamlessly flowing into the casual dining area with new windows and family room that create an ideal inviting great room environment for gatherings. Travertine, and newly installed luxury vinyl plank flooring enrich the interiors with warmth and sophistication. Downstairs, a private office with French doors and main-level bedroom with full bath offer convenience and flexibility for guests or multi-generational living. Upstairs, the expansive primary suite features a private sitting area, fireplace, and balcony overlooking the backyard with scenic views, along with a luxurious bath finished in travertine, glass-enclosed shower and spa-like soaking tub. A spacious bonus room provides additional living space, while the secondary bedrooms include one with an ensuite bath and two others connected by a Jack-and-Jill bathroom. Additional whole home enhancements include owned solar panels, dual whole house fans, new HVAC systems with upgraded ducting and heat pumps, fresh exterior paint, new French doors, and insulated steel garage doors all offering comfort, and enhanced energy efficiency. The resort style backyard is a private sanctuary crafted for exceptional outdoor living. A spectacular pool with baja shelf, rock waterfall, and oversized spa anchors the space, complemented by a cozy fire pit, multiple lounging and conversation areas perfect for both relaxation and entertaining. This extraordinary custom home provides access to Canyon Crest exclusive amenities including multiple tennis courts, three swimming pools, a fitness center, sport courts, a clubhouse, and more. Membership to Lake Mission Viejo opens the door to boating, paddleboarding, community events, and summer concerts—capturing the quintessential Southern California lifestyle. Convenient proximity to premier shopping, top rated schools, and the 5 Freeway and 241 Toll Roads further enhances the appeal of this truly remarkable estate.
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades K-5 • 2.7 mi
Grades 6-8 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 85% |
| Baths | 5.0 | 3.0 | 97% |
| Square foot | 4,975 | 1,834 | 99% |
| Lot Size | 8,000 | 4,985 | 89% |
| Price | $2.60M | $1.25M | 99% |
| Price per sq ft | $523 | $650 | 5% |
| Built year | 1988 | 1984 | 69% |
| HOA | $253.0 | $262 | 48% |
| Days on market | 49 | 136 | 12% |
Mar 5, 2026
$2,600,000
Initial Listing
Dec 21, 2018
$1,540,000
Public Record