
Mission Viejo, California 92692
This Luxury Lakefront Condominium is a Prime Investment Opportunity, listed at $998,000—positioned well below the $1,047,669 Fair Market Value by 4%. This valuation gap offers $49,669 in Instant Equity for buyers. Featuring a High-End Remodeled Condition, the home boasts a designer quartz kitchen, luxury vinyl flooring, and panoramic lake views. Situated in the Capistrano Unified district with resort-style amenities, this turnkey residence combines financial upside with a premium lifestyle. It is ideal for lifestyle-oriented buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27792 Soller Subject | $998,000* List Price | 2 | 2 | 1,477 | $709 | - |
A 22486 Petra Sold | $1,130,000 | 2 | 2 | 1,444 | $783 | 0.2 mi |
B 22482 Formentor 15 Sold | $1,095,000 | 2 | 2 | 1,444 | $758 | 0.2 mi |
C 27805 Barbate 15 Sold | $1,094,900 | 2 | 2 | 1,333 | $821 | 0.6 mi |
D 22422 Porreras 7 Sold | $800,000 | 2 | 2 | 1,477 | $542 | 0.3 mi |
E 27722 Campanet Sold | $875,000 | 2 | 2 | 1,286 | $680 | 0.1 mi |
F 22384 Manacor 4 Sold | $940,000 | 2 | 2 | 1,444 | $651 | 0.3 mi |
G 27802 Paguera Active Under Contract | $975,000 List Price | 2 | 2 | 1,300 | $750 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone an extensive, high-end renovation within the last 5 years. It features a fully remodeled kitchen with quartz countertops and Gallery stainless steel appliances, spa-inspired bathrooms with walk-in showers, luxury vinyl flooring, new dual-pane windows, and updated electrical and LED lighting throughout.
The property is situated on a premium cul-de-sac lot offering unobstructed, breathtaking views of Lake Mission Viejo, the Saddleback Mountains, and stunning sunsets.
Extensively renovated with high-end finishes, including a designer kitchen with quartz countertops, luxury vinyl flooring, and new energy-efficient dual-pane windows and doors.
Located in a 24/7 guard-gated community, residents gain exclusive access to private beaches, pools, boat rentals, and year-round lakefront events.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1477, other record living area = 1444.
The monthly association fee of $685 is substantial and may be a deterrent for buyers sensitive to ongoing carrying costs.
Despite the modern interior updates, the 1979 build date may imply older underlying infrastructure or common area elements compared to newer developments.
From the moment you step inside you are greeted with panoramic lake and mountain views. Located in one of Mission Viejo’s most sought-after guard-gated lakefront communities, this stunning home is perched on a quiet cul-de-sac offering unobstructed views of Lake MV, Saddleback Mountains and breathtaking sunsets. Spacious open floorplan seamlessly connects the living areas with walls of glass opening to a private patio surrounded by greenbelts—creating an ideal backdrop for indoor-outdoor living and entertaining. The home has been remodeled with no expense spared, including new dual-pane windows and sliding doors that flood the interior with natural light. Living room features remodeled fireplace with custom mantel complemented by luxury vinyl flooring throughout the main living areas. The fully renovated kitchen features quartz countertops, designer backsplash, soft-close cabinetry, Gallery stainless steel appliances and charming nook perfect for casual dining, home office or flexible living space. Primary suite is a private sanctuary where you’ll wake up to peaceful lake views and offers expansive closet space with custom organizers, spa-inspired bath showcasing walk-in shower, soft-close dual vanities, quartz countertops, brushed hardware, designer mirrors and lighting. Secondary bath is equally impressive with walk-in shower accented with pebble detail, new vanity and abundant natural light. Even the linen area has been thoughtfully redesigned with floor-to-ceiling custom cabinetry. Enjoy the convenience of a 2-car garage with new smart opener just steps from your private entry. Additional upgrades include new panel doors and hardware, cabinet pull outs, upgraded baseboards, updated electrical, recessed LED lighting, new light fixtures, ceiling fans, washer, dryer and refrigerator included. Bonus opportunity: Electra Craft “Duffy style” boat may be offered for sale after close of escrow. Residents enjoy lake living in a 24/7 guard-gated setting, private beaches, 2 pools, spas, scenic walking trails and Lake MV amenities including boat rentals, sailing club, paddleboarding, kayak slips and storage, playground, summer concert series, fireworks and year-round events. Walk to nearby gym, restaurants and everyday conveniences. Private boat docks are available to residents at low monthly rates. This is more than a home—it’s a lifestyle with effortless access to the water and tranquility defined by lake, mountain, sunset, city light views and effortless luxury
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 2.4 mi
Grades 6-8 • 4.4 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 | 1,365 | 76% |
| Lot Size | 285,731 | 4,752 | 85% |
| Price | $998.0K | $851.0K | 76% |
| Price per sq ft | $676 | $610 | 68% |
| Built year | 1979 | 1989 | 27% |
| HOA | $685.0 | $549 | 66% |
| Days on market | 83 | 167 | 22% |
Jan 30, 2026
$998,000
Initial Listing
Jan 31, 2018
$620,000
Public Record
Sep 12, 2017
$192,000
Public Record