
Mission Viejo, California 92692
This Stunning Lakefront Condominium is a High-Potential Investment Opportunity, listed at $899,999—positioned well above the $808,371 Fair Market Value by 11%. While priced at a premium, the property offers a Condition Rating of 3, featuring a Remodeled Kitchen, Granite Countertops, and Panoramic Lake Views. Residents enjoy exclusive access to Resort-Style Amenities and the Saddleback Valley Unified School District. This property serves as a premier lifestyle sanctuary, making it an ideal acquisition for Luxury Homeowners or Discerning Retirees seeking a turnkey, high-amenity residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22522 Campos Subject | $899,999* List Price | 2 | 2 | 1,286 | $629 | - |
A 22522 Petra 19 Sold | $899,100 | 2 | 2 | 1,477 | $609 | 0.0 mi |
B 27941 Chiclana 81 Sold | $780,000 | 2 | 2 | 1,240 | $629 | 0.7 mi |
C 27865 Mazagon Sold | $691,000 | 2 | 2 | 1,255 | $551 | 0.7 mi |
D 27887 Mazagon Sold | $675,000 | 2 | 2 | 1,135 | $595 | 0.7 mi |
E 22462 Alcudia Sold | $915,000 | 2 | 2 | 1,444 | $634 | 0.1 mi |
F 22422 Porreras 7 Sold | $800,000 | 2 | 2 | 1,477 | $542 | 0.2 mi |
G 27794 Alfabia Sold | $940,000 | 2 | 2 | 1,444 | $651 | 0.1 mi |
H 27792 Soller Sold | $945,000 | 2 | 2 | 1,477 | $640 | 0.1 mi |
I 22526 Petra 22 Active Under Contract | $1,150,000 List Price | 2 | 2 | 1,444 | $796 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1979 but features a remodeled kitchen with granite countertops and stainless appliances, updated bathrooms with stone walk-in showers, and modern laminate flooring throughout. The property is well-maintained and move-in ready, reflecting a renovation likely within the 5-15 year range.
The property offers breathtaking, unobstructed views of Lake Mission Viejo and the Saddleback Mountains from the living areas, primary suite, and the oversized covered patio.
Located in the gated Mallorca community, residents benefit from 24-hour security, private beach access, boat docks, and full membership to Lake Mission Viejo's extensive recreational facilities.
The home features a beautifully remodeled kitchen with granite countertops and stainless steel appliances, along with updated laminate flooring and a stone walk-in shower in the primary bathroom.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1286, other record living area = 1221.
The monthly HOA fee of $754 is substantial and may be a deterrent for budget-conscious buyers or those sensitive to high carrying costs.
Built in 1979, the condominium complex may require more frequent maintenance or face potential future assessments for aging common area infrastructure compared to newer developments.
Welcome to resort-style living on Beautiful Lake Mission Viejo! Nestled within the highly desirable lakefront community of Mallorca in the heart of Mission Viejo, this beautifully maintained two bedroom and two bathroom home offers an exceptional blend of comfort, privacy and a prime location. Step inside to a bright, open and inviting floor plan filled with natural light, views of Lake Mission Viejo and the Saddleback Mountains. The spacious living and dining areas flow seamlessly with their oversized glass sliders, windows, light laminate wood flooring and a cozy brick fireplace making the home perfect for both everyday living and entertaining. The remodeled kitchen is light and bright with lake views, granite countertops, stainless steel appliances, white cabinets and a stone backsplash. The hallway leads you to the inside laundry closet, large linen cabinet with stone accents, a secondary bathroom and the two bedrooms. The primary bedroom offers a peaceful retreat feel with calming views of the lake and an ensuite bathroom with a stone walk-in shower, dual sinks and a large closet. The covered patio is spacious with breathtaking lake views perfect for relaxing after a busy day or entertaining with friends and family. The resort-style amenities includes a 24-hour guard at the front gate, two pools/spas, beautifully maintained landscaping and walkways all around the community. The Mallorca private beach boasts covered picnic areas, bbqs, racks for paddle boards/kayaks, community boat dock and limited private boat slips if you wish to have your own boat at the lake. Also included is a membership to the wonderful Lake Mission Viejo where you will enjoy two beaches, a clubhouse, concerts, boat/water rentals, fishing, sand volleyball, playground and swimming. Very close to wonderful lakefront restaurants, shops, gyms and more. You will truly be Living The Good Life! (Click onto the 360 icon under the map for the amazing drone video)
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 6-8 • 2.5 mi
Grades 6-8 • 4.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,286 | 1,369 |
| Lot Size | 235,146 | 70,876 |
| Price | $900.0K | $736.2K |
| Price per sq ft | $700 | $608 |
| Built year | 1979 | 1983 |
| HOA | $754.0 | $444 |
| Days on market | 3 | 55 |
Jul 19, 2026
$899,999
Initial Listing
Sep 29, 2023
$795,000
Public Record
Apr 8, 2021
$655,000
Public Record
Dec 14, 2016
$470,500
Public Record