22522 Petra 19, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath
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Mission Viejo, California 92692
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $899,000—positioned well below the $935,696 Fair Market Value by 3%. This valuation gap offers $36,696 in Instant Equity for buyers. Featuring a Condition Rating of 3, the unit boasts a modern quartz galley kitchen, panoramic lake views, and no Mello-Roos tax. Located near top-rated schools like Carl Hankey Middle, this property balances lifestyle luxury with financial stability, making it an ideal acquisition for Owner-Occupants or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 22522 Petra 19 Subject | $899,000* List Price | 2 | 2 | 1,477 | $634 | - |
A 22422 Porreras 7 Sold | $800,000 | 2 | 2 | 1,477 | $542 | 0.2 mi |
B 27792 Soller Sold | $945,000 | 2 | 2 | 1,477 | $640 | 0.1 mi |
C 27794 Alfabia Sold | $940,000 | 2 | 2 | 1,444 | $651 | 0.1 mi |
D 27941 Chiclana 81 Sold | $780,000 | 2 | 2 | 1,240 | $629 | 0.7 mi |
E 27865 Mazagon Sold | $691,000 | 2 | 2 | 1,255 | $551 | 0.7 mi |
F 22486 Petra Sold | $1,130,000 | 2 | 2 | 1,444 | $783 | 0.1 mi |
G 22446 Manacor 48 Active | $1,100,000 List Price | 2 | 2 | 1,444 | $762 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1979, the interior has undergone significant renovations including a modern galley kitchen with quartz countertops and stainless steel appliances. The bathrooms have been updated with contemporary tile and a walk-in shower, and the unit features newer plank flooring and double-paned sliding doors, making it move-in ready.
The property boasts rare panoramic views of the lake and Saddleback Mountain from every lake-facing room, situated in a quiet interior location within walking distance to the marina and shopping.
The absence of Mello-Roos taxes offers a substantial monthly financial advantage compared to many other developments in the Mission Viejo area.
As the largest single-level layout available, this unit provides an accessible and spacious living environment featuring modern quartz countertops and updated plank flooring.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1477, other record living area = 1444.
The monthly HOA fee of $753 is relatively high, which may impact the overall affordability and debt-to-income ratio for prospective buyers.
Built in 1979, the property and complex may require more frequent maintenance or future capital improvements compared to newer residential developments.
MAJOR PRICE REDUCTION !Location, Location, Location and NO MELLO ROOS TAX. This unit has what everyone is looking for. Largest single Level floorplan with white quartz galley kitchen and breakfast area. Panoramic lake view from every lake facing room. Located close to the beach and marina entrance and a short distance to both pools and shopping center, YOU DO NOT NEED YOUR CAR TO GET THERE! Quiet interior location away from front gate and road noise. Panoramic view of lake and Saddleback Mountain. This is the location people dream of. Plus all the other amenities, plank flooring, walk in shower, stainless appliances, quartz counters, quartz folding area, newer double pained sliding glass doors, wide distance from neighboring building and NO MELLO ROOS TAX PAYMENT which is a big savings every month, (ask listing agent for details)
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,477 | 1,316.5 | 75% |
| Lot Size | - | 61,109.5 | 19% |
| Price | $899.0K | $801.2K | 73% |
| Price per sq ft | $609 | $612 | 48% |
| Built year | 1979 | 1990 | 21% |
| HOA | $753.0 | $462 | 83% |
| Days on market | 0 | 129 | 6% |
May 22, 2026
$899,000
$949,000
-5% Price Drop
Initial Listing
May 17, 2026
$949,000
Initial Listing
Apr 20, 2023
$804,000
Public Record