
Mission Viejo, California 92692
This Stunning Lakeside Condominium is a Strong Value Opportunity, listed at $749,999—positioned slightly above the $725,018 Fair Market Value. While not a discount play, the property maintains a Good Condition Rating with recent upgrades including a remodeled secondary bath and new dual-pane windows. Residents enjoy a premium lifestyle with Saddleback Mountain and Lake Mission Viejo views, access to a private beach, and proximity to Capistrano Unified schools. This turnkey residence is an ideal acquisition for Owner-Occupants seeking resort-style living or lifestyle-focused buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 27959 Mazagon 163 Subject 2 bd · 2 ba · 1,255 sqft · $578 | $749,999* List Price | 2 | 2 | 1,255 | $578 | - |
A 27941 Chiclana 81 Sold 2 bd · 2 ba · 1,240 sqft · $629 · 0.0 mi | $780,000 | 2 | 2 | 1,240 | $629 | 0.0 mi |
B 27887 Mazagon Sold 2 bd · 2 ba · 1,135 sqft · $595 · 0.0 mi | $675,000 | 2 | 2 | 1,135 | $595 | 0.0 mi |
C 27865 Mazagon Sold 2 bd · 2 ba · 1,255 sqft · $551 · 0.1 mi | $691,000 | 2 | 2 | 1,255 | $551 | 0.1 mi |
D 23332 Coso Sold 2 bd · 2 ba · 1,273 sqft · $518 · 0.4 mi | $660,000 | 2 | 2 | 1,273 | $518 | 0.4 mi |
E 23334 Coso Sold 2 bd · 2 ba · 1,273 sqft · $542 · 0.4 mi | $690,000 | 2 | 2 | 1,273 | $542 | 0.4 mi |
F 23502 Coso 193 Sold 2 bd · 2 ba · 1,269 sqft · $536 · 0.4 mi | $680,000 | 2 | 2 | 1,269 | $536 | 0.4 mi |
G 22462 Alcudia Sold 2 bd · 2 ba · 1,444 sqft · $634 · 0.7 mi | $915,000 | 2 | 2 | 1,444 | $634 | 0.7 mi |
H 22522 Petra 19 Sold 2 bd · 2 ba · 1,477 sqft · $609 · 0.7 mi | $899,100 | 2 | 2 | 1,477 | $609 | 0.7 mi |
I 23186 Denia Active 2 bd · 2 ba · 1,364 sqft · $512 · 0.4 mi | $699,000 List Price | 2 | 2 | 1,364 | $512 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1978, the property has undergone significant recent renovations including a completely remodeled secondary bathroom with quartz countertops, new dual-pane windows and sliding doors, and a newer AC unit. The kitchen is updated with granite and stainless steel, and the overall condition is move-in ready and well-maintained, fitting the 5-15 year renovation window for a 'Good' rating.
Located in the gated Finisterra on the Lake community, this property offers exclusive access to resort-style amenities including a private beach, boat docks, and the extensive recreational opportunities of Lake Mission Viejo.
The unit features soaring ceilings and new floor-to-ceiling dual-pane windows that capture stunning, unobstructed views of both Lake Mission Viejo and Saddleback Mountain, creating a bright and airy atmosphere.
In addition to two bedrooms, the spacious loft with a Murphy bed and bonus nook provides significant flexibility for a home office, guest quarters, or additional living space, maximizing the 1,255 square footage.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =854021, other record lot size in square feet = 1270570.
The monthly association fee of $609 is relatively high, which may be a deterrent for budget-conscious buyers or those sensitive to fixed monthly ownership expenses.
The property utilizes a detached garage and a separate carport rather than an attached garage, which may be viewed as a convenience drawback for residents seeking direct, sheltered access to the home.
Don't miss this Mission Viejo condominium with stunning mountain views, located in the gated lakefront community of Finisterra on the Lake. This spacious two bedroom, two bath unit features a large loft, high ceilings and views galore. As you enter this open, light and bright unit, you're greeted with soaring ceilings and views straight out to Saddleback Mountain. Just off the entry is the kitchen with granite countertops, recessed lighting, breakfast nook, loads of pantry space and stainless steel appliances. The seamless flow of the living area is highlighted by a centrally focused fireplace and new dual pane floor-to-ceiling windows. A new sliding glass door leads to the private balcony where the views continue onto Lake Mission Viejo. The cozy dining area is enhanced by a built-in buffet with granite countertop, wine rack and refrigerator that's perfect for entertaining guests. The large primary suite features an ensuite bathroom with large walk-in shower, walk-in closet and new dual pane sliding glass door and window with spectacular views. The secondary bedroom is conveniently located away from the primary suite, and offers its own full bath that's completely remodeled with quartz countertops, shaker-style cabinets and more. Upstairs you'll find the large loft space with Murphy bed, and a bonus nook that is perfect for a home office or play area. This condominium offers features such as automatic and horizontal blinds throughout, lots of closet space, recessed lighting, ceiling fans, a newer AC unit, detached garage with newer roof, separate private carport, inside laundry area with all appliances included and more. Living at Finisterra on the Lake means you have access to resort-style amenities including a sparkling community pool, private beach, lakeside boardwalk, boat docks, and all the recreation opportunities Lake Mission Viejo has to offer; from paddle boarding and kayaking, fishing, boat rentals, summer concerts, 4th of July fireworks and more. Enjoy the privacy and security of this gated community, with access to top-rated schools, nearby shopping and dining and easy access to major freeways and toll roads. With its unbeatable lifestyle, this is a rare opportunity to own a slice of lakeside living in Mission Viejo.
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 |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,255 | 1,240.63 |
| Lot Size | 854,021 | 97,777.444 |
| Price | $750.0K | $756.5K |
| Price per sq ft | $598 | $613 |
| Built year | 1978 | 1987 |
| HOA | $609.0 | $512 |
| Days on market | 10 | 59 |
Oct 15, 2026
$749,999
Initial Listing
Jun 12, 2020
$480,000
Public Record
Mar 8, 2011
$300,000
Public Record
Aug 30, 2006
$499,000
Public Record
Jul 7, 2004
$450,000
Public Record