22422 Porreras 7, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath

22422 Porreras 7, Mission Viejo, California 92692 home-pic-0
ACTIVE$824,900
22422 Porreras 7, Mission Viejo, California 92692
2Beds
2Baths
1,477Sqft
240,203Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exclusive Lake Mission Viejo Access & Amenities: The property offers unparalleled access to Lake Mission Viejo, including a private beach, boat and fishing docks, two pools, and a lakeside cabana, providing a premium recreational lifestyle.
Top Cons:
High Monthly Association Fee: The $685.0 monthly association fee is substantial and could be a significant ongoing cost for potential buyers, impacting affordability and overall budget.

Compared to the nearby listings

Price:$824.9K vs avg $840.0K ($-15,100)43%
Size:1,477 sqft vs avg 1,369 sqft76%
Price/sqft:$558 vs avg $60622%

More Insights

Built in 1980 (45 years old).
Condition: Built in 1980, this property has undergone significant and relatively recent renovations, making it move-in ready. The kitchen features modern white cabinetry and stainless steel appliances. Both bathrooms have been upgraded with new vanities, countertops, and tiled showers/tubs, including a glass enclosure in the primary. Flooring is a mix of modern LVP/laminate in main areas, new carpet in a secondary bedroom, and some dated terracotta tile at the entry/dining. Crucially, the HVAC and water heater are newer, indicating well-maintained major systems. While not a brand-new build or fully renovated within the last 5 years, the extensive updates place it firmly in the 'Good' category.
Year Built
1980
Close
-
List price
$825K
Original List price
$875K
Price/Sqft
$558
HOA
$685
Days on market
-
Sold On
-
MLS number
OC25181391
Home ConditionGood
Features
Good View: Mountain(s), Neighborhood
Patio
ViewMountain(s), Neighborhood

About this home

Welcome to the Mallorca’s! Lake Mission Viejo living at its finest with private beach, boat and fishing docks, 2 pools and lake side cabana all within a 24/7 guarded gated community. Hardwood flooring throughout the main living area with upgraded baseboards, door and window casing, crown molding, and raised panel doors. An abundant of windows surround the living room, formal and casual dining rooms with two sliding glass doors that open to the spacious patio perfect for relaxing or alfresco dining. Kitchen features white cabinetry and stainless steel appliances that overlook the living area and patio. Large primary bedroom with upgraded vanity and tiled shower with glass enclosure. Secondary bedroom with new carpet and upgraded guest bath complete the home. Newer HVAC and water heater. Enjoy this gem while living in what feels like a resort vacation community and all that Lake Mission Viejo has to offer to include boat rentals, summer concerts, fireworks and more!

Nearby schools

7/10
Castille Elementary School
Public,K-51.8mi
7/10
Newhart Middle School
Public,6-82.7mi
8/10
Carl Hankey Middle School
Public,6-84.7mi
7/10
Capistrano Valley High School
Public,9-126.8mi
Condition Rating
Good

Built in 1980, this property has undergone significant and relatively recent renovations, making it move-in ready. The kitchen features modern white cabinetry and stainless steel appliances. Both bathrooms have been upgraded with new vanities, countertops, and tiled showers/tubs, including a glass enclosure in the primary. Flooring is a mix of modern LVP/laminate in main areas, new carpet in a secondary bedroom, and some dated terracotta tile at the entry/dining. Crucially, the HVAC and water heater are newer, indicating well-maintained major systems. While not a brand-new build or fully renovated within the last 5 years, the extensive updates place it firmly in the 'Good' category.
Pros & Cons

Pros

Exclusive Lake Mission Viejo Access & Amenities: The property offers unparalleled access to Lake Mission Viejo, including a private beach, boat and fishing docks, two pools, and a lakeside cabana, providing a premium recreational lifestyle.
24/7 Guarded Gated Community: Located within a 24/7 guarded gated community, the property offers enhanced security, privacy, and exclusivity, appealing to buyers seeking a secure environment.
Extensive Interior Upgrades: The home features significant interior upgrades, including hardwood flooring, upgraded baseboards, door/window casing, crown molding, raised panel doors, a kitchen with white cabinetry and stainless steel appliances, and upgraded bathrooms, presenting a move-in ready condition.
Recent Major System Upgrades: The presence of a newer HVAC system and water heater provides peace of mind for buyers, reducing immediate concerns about major system replacements and associated costs.
Resort-Style Community Lifestyle: The community offers a resort-like experience with amenities such as boat rentals, summer concerts, and fireworks, fostering a vibrant and engaging living environment.

Cons

High Monthly Association Fee: The $685.0 monthly association fee is substantial and could be a significant ongoing cost for potential buyers, impacting affordability and overall budget.
Age of Building: Built in 1980, the property is over 40 years old. While interior updates are noted, the age of the overall building and common area infrastructure may lead to higher maintenance costs or potential special assessments in the future.
Multiple Price Reductions: The listing has undergone several price reductions from its original list price, which might suggest it was initially overpriced or indicate a slower market response, potentially raising questions for buyers about its true market value.

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