
Mission Viejo, California 92692
This Baroness Model Condominium represents a High-Potential Investment Opportunity, listed at $958,888—positioned above the $833,273 Fair Market Value. While the price reflects a premium, the property offers rare Panoramic Lake Views and access to exclusive Lake Mission Viejo amenities. Featuring a Condition Rating of 4, the home provides a solid foundation for cosmetic updates to modernize the interior. Located within the Capistrano Unified School District, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a lifestyle-focused residence with significant long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22484 Petra Subject | $958,888* List Price | 2 | 2 | 1,444 | $577 | - |
A 22422 Porreras 7 Sold | $800,000 | 2 | 2 | 1,477 | $542 | 0.1 mi |
B 22522 Petra 19 Sold | $899,100 | 2 | 2 | 1,477 | $609 | 0.1 mi |
C 27941 Chiclana 81 Sold | $780,000 | 2 | 2 | 1,240 | $629 | 0.7 mi |
D 27865 Mazagon Sold | $691,000 | 2 | 2 | 1,255 | $551 | 0.8 mi |
E 27911 Freeport Sold | $848,000 | 3 | 3 | 1,543 | $550 | 0.4 mi |
F 27937 Carrington Sold | $799,900 | 3 | 3 | 1,543 | $518 | 0.6 mi |
G 27923 Windsor 184 Sold | $948,900 | 3 | 3 | 1,610 | $589 | 0.4 mi |
H 22446 Manacor 48 Active | $1,039,000 List Price | 2 | 2 | 1,444 | $720 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982 with renovations (granite countertops and laminate flooring) that appear to be 15-25 years old. While the home is well-maintained and move-in ready, the kitchen cabinetry, white appliances, and bathroom fixtures are dated by modern standards and fit the criteria for a property needing cosmetic updates.
The property features rare, unobstructed views of Lake Mission Viejo, mountains, and city lights from nearly every room, significantly increasing its market appeal and aesthetic value.
Residents benefit from the gated Mallorca community's security and premium lake access, including private beaches, boating, fishing, and a vibrant calendar of year-round social events.
As an entry-level Baroness model, this condo offers a spacious 1,444 sqft open floor plan that provides ease of access and a comfortable living flow without the need for internal stairs.
The association fee of $753.34 is relatively high, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
The two-car garage is detached from the main living unit, which can be less convenient for residents during inclement weather or when transporting items into the home.
Welcome to Mallorca at Lake Mission Viejo, where every day feels like a retreat. This beautifully located condo offers rare panoramic views of the lake, mountains, and city lights from almost every room, creating a truly special setting for your next home. The entry-level Baroness model features 1,444 square feet of open living space, including 2 generous bedrooms, 2 full bathrooms, and a detached 2-car garage. The well-designed floor plan provides comfortable flow throughout, with a bright living room anchored by a gas fireplace and framed by large windows and sliding doors that bring the outdoors in. The kitchen includes granite countertops, laminate flooring, and a convenient eating counter, making it ideal for casual meals and entertaining. The spacious primary bedroom offers built-in storage and calming views, while the private balcony gives you the perfect place to unwind and take in the scenery. From the security and serenity of the gated Mallorca community to the unmatched recreational opportunities of Lake Mission Viejo, this property offers an extraordinary blend of comfort, beauty, and convenience. Residents enjoy exclusive access to lake amenities including fishing, kayaking, paddleboarding, boat rentals, private docks, sandy beaches, summer camps, outdoor concerts, Movies in the Park, holiday celebrations, and a vibrant calendar of year-round community events. Surrounded by Mission Viejo's scenic landscapes, exceptional parks, shopping, dining, and welcoming community spirit, this is more than a home, it's 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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,444 | 1,248.725 |
| Lot Size | 1,444 | 90,361.45 |
| Price | $958.9K | $756.3K |
| Price per sq ft | $664 | $612 |
| Built year | 1982 | 1984 |
| HOA | $753.34 | $504 |
| Days on market | 10 | 55 |
Aug 30, 2026
$958,888
Initial Listing
Jul 2, 2009
$575,000
Public Record
Jun 28, 2004
$500,000
Public Record