
Mission Viejo, California 92692
Analysis of 22476 Petra 22, Mission Viejo, California 92692 is currently available with a list price of $1,500,000. 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.
Property is new construction or fully renovated.
Although built in 1982, the property has undergone an extensive and high-quality professional renovation within the last few years, meeting the criteria for 'excellent' condition. The kitchen is completely modernized with white shaker-style cabinetry, quartz countertops, a designer tile backsplash, and premium stainless steel appliances, including a microwave drawer and a barn-style sink. Structural improvements like raised ceilings and the removal of walls to create an open-concept 'Great Room' significantly enhance the living space. Additional high-end finishes include engineered wood flooring throughout, recessed lighting, solar tubes for natural light, and a fully remodeled primary bathroom with floor-to-ceiling tile work.
The property offers exceptional panoramic views of Lake Mission Viejo, Saddleback Mountain, and city lights, providing a serene and high-value backdrop from multiple vantage points.
This turnkey home features significant structural and aesthetic improvements, including raised ceilings, a 'Great Room' open layout, quartz countertops, and high-end shaker cabinetry.
Located in the gated Mallorca community, residents benefit from 24/7 security, a private sandy beach, boat docks, and full Lake Mission Viejo Association privileges.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1812, other record living area = 1746.
The monthly HOA fee of $753.34 is substantial, which may impact the overall affordability and debt-to-income ratios for prospective buyers.
Built in 1982, the underlying structure and community infrastructure are over 40 years old, which may necessitate ongoing maintenance or future capital improvement assessments.
AT ONE TIME OR ANOTHER..... all of us have wondered, "why did the builder do that?" or "why didn't the builder do that?" With the upgrades and improvements that have been made, there is no need for second guessing any of that. Talk about "turnkey"! The tasteful front courtyard is just a hint. From removing the original wall between the kitchen and dining room creating that popular "Great Room Effect" by unifying the LR, DR, kitchen and nook, to raising the ceilings 2 feet in the kitchen, nook and primary bath, to adding a useful and functional kitchen island, to installing a barn style door to more easily access the increased walk in pantry, to the thoughtful addition of solar tubes to bring natural light into the two traditionally darkest upstairs rooms, there has been obvious attention to detail that anyone would be proud to claim as their own. Common features throughout the home include textured ceilings, expensive blinds, recessed can lighting, raised panel doors, Decor plugs/switches, door casings, oversized baseboards, crown molding, vinyl windows/sliding doors, engineered wood flooring, shaker style cabinetry with soft close features and drawers with dovetail joint construction. Be sure to notice the built-out closets. The kitchen is a thing of beauty and wonder. The barn style sink, the inlay tile design and the quartz counters might distract you from appreciating the extra storage provided by the larger cabinets. In order to fully appreciate the primary bath, you would need to see what it used to look like. The floor-to-ceiling tile walls and impressive glass shower appointments just may take your breath away. Perhaps the biggest and BEST FEATURE of the home is the PANORAMIC VIEW. From inside the home, you can see north to North Beach and south to East Beach and the Oak Preserve. From the balcony off the LR, you can see north from the natural serenity of Saddleback Mountain all the way south to Alicia. We have even not mentioned the private, sandy Mallorca beach with its bar-b-q's, picnic tables, cabana, restrooms and cordoned off swimming area. Nor have we described the 72 boat docks, 2 pools, 2 spas, the peace and quiet or the sense of security provided by a 24/7 manned gate. You are a member of LMVA (concerts, boating, swimming). Then there is that shopping option at MV Mall. Less than 30 minutes from several world destination beaches and between LA and SD, the opportunities are endless. You are investing in more than a home. It is a lifestyle.
No exterior & parking available.
Grades K-5 • 1.7 mi
Grades 6-8 • 2.6 mi
Grades 6-8 • 4.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,812 | 1,334.5 | 90% |
| Lot Size | 215,746 | 22,714 | 90% |
| Price | $1.50M | $810.0K | 90% |
| Price per sq ft | $828 | $641 | 90% |
| Built year | 1982 | 1990 | 10% |
| HOA | $753.34 | $435 | 90% |
| Days on market | 21 | 192 | 10% |
Apr 1, 2026
$1,500,000
Initial Listing
Jul 7, 2023
$1,105,000
Public Record
Jun 28, 2005
$825,000
Public Record
Jun 4, 2001
$400,000
Public Record
Sep 17, 1998
$285,500
Public Record
Sep 4, 1997
$242,500
Public Record