
Mission Viejo, California 92692
This Stunning Lakefront Condominium is listed at $975,000, aligning perfectly with its $974,646 Fair Market Value. Boasting an Excellent Condition Rating following an extensive luxury renovation, the residence features a brand-new chef’s kitchen, pristine white marble flooring, and panoramic lake and mountain views from nearly every room. Situated within the exclusive Mallorca gated community, the property offers elite amenities and access to the Capistrano Unified School District, including the top-rated Carl Hankey Middle School. This turnkey sanctuary is the ideal match for lifestyle-oriented professionals or Owner-Occupants seeking a sophisticated waterfront retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27802 Paguera Subject | $975,000* List Price | 2 | 2 | 1,300 | $750 | - |
A 27805 Barbate 15 Sold | $1,094,900 | 2 | 2 | 1,333 | $821 | 0.7 mi |
B 22486 Petra Sold | $1,130,000 | 2 | 2 | 1,444 | $783 | 0.1 mi |
C 22482 Formentor 15 Sold | $1,095,000 | 2 | 2 | 1,444 | $758 | 0.1 mi |
D 27722 Campanet Sold | $875,000 | 2 | 2 | 1,286 | $680 | 0.2 mi |
E 22422 Porreras 7 Sold | $800,000 | 2 | 2 | 1,477 | $542 | 0.2 mi |
F 27913 Trocadero 68 Sold | $975,000 | 2 | 2 | 1,333 | $731 | 0.7 mi |
G 22522 Campos Active | $949,999 List Price | 2 | 2 | 1,221 | $778 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that brings it to modern luxury standards. It features a brand-new chef's kitchen with contemporary cabinetry and stainless appliances, fully upgraded bathrooms with modern finishes, and pristine white marble flooring throughout. With recessed lighting and new dual-pane windows, the home shows no signs of deferred maintenance despite its 1979 original build date.
The property features unobstructed, breathtaking views of Mission Viejo Lake from nearly every room, significantly increasing its desirability and premium market value.
The interior boasts a brand-new chef’s kitchen, pristine white marble flooring, and fully upgraded bathrooms, offering a turnkey luxury experience for the buyer.
Located in the sought-after Mallorca community, residents enjoy the security of a gated environment and direct access to premium lake activities like kayaking and paddleboarding.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1300, other record living area = 1221.
The monthly HOA fee of $685 is relatively high, which may impact the overall affordability and debt-to-income ratio for potential buyers.
Built in 1979, the property is part of an older complex, which may lead to increased long-term maintenance requirements for common areas or potential future special assessments.
Welcome to 27802 Paguera, a stunning lakefront condo in the sought after Mallorcas gated community, where tranquil Mission Viejo Lake living meets effortless luxury. Perched to capture spectacular lake views from nearly every room, this immaculate residence invites you into a bright, light-filled interior that reflects coastal elegance and timeless comfort. Step inside to discover pristine white marble floors flowing throughout, neutral paint tones that enhance the airy open floorplan, and recessed lighting that beautifully illuminates every space. The heart of the home is the brand-new, highly upgraded kitchen. A chef’s dream with sleek countertops, contemporary cabinetry, stainless appliances, and panoramic water vistas that turn everyday meals into memorable moments. Imagine sipping morning coffee or entertaining friends while gazing over the shimmering lake and rolling hills beyond, the view here is nothing short of breathtaking. Floor-to-ceiling dual-pane windows and sliding glass doors blur the line between indoor comfort and outdoor beauty, allowing natural light to fill the living and dining areas while framing postcard-like scenes day after day. Both bathrooms have been thoughtfully upgraded with modern finishes and stylish touches that complement the home’s bright, coastal aesthetic. The primary suite offers serene retreat-like comfort with expansive vistas that set the tone for peaceful evenings and restful mornings. The secondary bedroom, equally bright and inviting, provides versatility for guests, home office use, or whatever lifestyle best suits your needs. Living in the Mallorcas community means enjoying the very best of Mission Viejo Lake living. From leisurely walks along scenic pathways to kayaking, paddleboarding, and lakeside picnics, you’re embraced by calm waters and outdoor recreation at every turn. Top-rated schools, shopping, dining, and easy freeway access are all just moments away making this location as convenient as it is captivating. Whether you’re drawn to beautiful design, premier lakefront lifestyle, or unobstructed views that greet you every day, 27802 Paguera is more than a condo, it’s your personal gateway to lakeside living at its finest.
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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,300 | 1,333 | 44% |
| Lot Size | - | 2,938 | 39% |
| Price | $975.0K | $851.0K | 71% |
| Price per sq ft | $750 | $610 | 80% |
| Built year | 1979 | 1989 | 27% |
| HOA | $685.0 | $549 | 66% |
| Days on market | 132 | 166 | 44% |
Jan 15, 2026
$975,000
$995,000
-2% Price Drop
Initial Listing
Dec 11, 2025
$995,000
Initial Listing
Apr 4, 2022
$850,000
Public Record
Nov 4, 2015
$500,000
Public Record
Dec 20, 1995
$130,000
Public Record