27887 Mazagon 122, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath
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Mission Viejo, California 92692
This Stunning Turnkey Condominium is listed at $739,000, representing a market-aligned price for its Excellent Condition Rating and premium location. With a $706,941 Fair Market Value, the valuation reflects the extensive recent remodels and rare panoramic views. Residents enjoy a Remodeled Granite Kitchen, stainless appliances, and exclusive Lake Mission Viejo Access for resort-style living. Located within the Capistrano Unified School District near Castille Elementary and Carl Hankey Middle, this home includes a Private 1-Car Garage. It is an ideal match for Owner-Occupants or first-time buyers seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27887 Mazagon 122 Subject | $725,000* List Price | 2 | 2 | 1,135 | $599 | - |
A 27722 Campanet Sold | $875,000 | 2 | 2 | 1,286 | $680 | 0.6 mi |
B 23224 Coso Sold | $635,000 | 2 | 2 | 1,269 | $500 | 0.3 mi |
C 22422 Porreras 7 Sold | $800,000 | 2 | 2 | 1,477 | $542 | 0.9 mi |
D 23332 Coso Active | $690,000 List Price | 2 | 2 | 1,340 | $515 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1978, the property has undergone an extensive recent renovation and is presented in turnkey condition. The interior features a modern kitchen with granite countertops and stainless steel appliances, fully updated bathrooms with walk-in showers and dual vanities, and contemporary flooring and light fixtures throughout, meeting current quality standards with no visible deferred maintenance.
The property boasts exceptional panoramic views and provides exclusive access to Lake Mission Viejo's premium amenities, including private beaches, boating, and summer concerts.
This ground-level, single-story home is move-in ready, featuring a modern open layout with granite countertops, stainless steel appliances, and updated bathrooms with dual vanities.
Rare for the condo market, this unit includes both a private one-car garage and an assigned covered carport, providing superior convenience and additional storage space.
The association fee of $579 per month is relatively high, which increases the total monthly carrying cost and may affect buyer affordability.
While the interior is beautifully remodeled, the original 1978 construction may present long-term maintenance needs for the building's exterior and common infrastructure.
**PRICE SLASHED FOR IMMEDIATE SALE** VIEWS** VIEWS** VIEWS**** Don't let this one get away!! Seller relocating ...must sell! Welcome to this beautifully remodeled 2-bedroom, 2-bathroom ground-level home, nestled in the prestigious Lake Mission Viejo community. This single-story unit offers gorgeous panoramic views, abundant natural light, and an open, airy layout designed for modern living. Step into a bright and inviting living room, featuring a cozy fireplace and seamless access to a spacious private balcony. It also flows into a comfortable dining space. The kitchen features granite countertops, stainless steel appliances, and a breakfast nook. The primary suite is a peaceful retreat, offering its own balcony access, a generous walk-in closet, and a beautiful ensuite bathroom with a walk-in shower and dual vanity. The second bedroom is bright and also features a dual vanity and walk-in shower. Additional highlights include in-unit laundry, a porch, a private 1-car garage, and an assigned covered carport space. Residents enjoy exclusive access to Lake Mission Viejo's top-tier amenities--including beaches, boating, swimming, picnic areas, summer concerts, and more. This turnkey home offers the perfect blend of comfort, style, and resort-style living in one of Mission Viejo's most desirable communities. Don't miss the opportunity to make it yours!
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.8 mi
Grades 6-8 • 3.9 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 | 1,135 | 1,333 | 17% |
| Lot Size | 854,021 | 4,752 | 95% |
| Price | $725.0K | $850.0K | 20% |
| Price per sq ft | $639 | $610 | 66% |
| Built year | 1978 | 1989 | 15% |
| HOA | $579.0 | $549 | 56% |
| Days on market | 49 | 166 | 10% |
Apr 17, 2026
$725,000
$735,000
-1% Price Drop
Initial Listing
Apr 3, 2026
$735,000
$739,000
-1% Price Drop
Initial Listing
Mar 4, 2026
$739,000
Initial Listing
Sep 20, 2013
$342,000
Public Record