
Mission Viejo, California 92692
This Turnkey Single-Story Retreat is a Strong Value Opportunity, listed at $795,000—positioned slightly above the $790,360 Fair Market Value. While priced at market, the home offers exceptional stability in the guard-gated Palmia community. Featuring travertine flooring, a re-piped plumbing system, and a covered patio overlooking a private greenbelt, the property maintains a Good Condition Rating. With access to resort-style amenities and top-rated schools like Melinda Heights Elementary, this home is an ideal sanctuary for Retirees or Owner-Occupants seeking a low-maintenance, accessible lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28934 Paseo Picasso Subject | $795,000* List Price | 2 | 2 | 1,278 | $618 | - |
A 28901 Paseo Sabatini Sold | $796,900 | 2 | 2 | 1,278 | $624 | 0.1 mi |
B 28935 Paseo Theresa Sold | $785,000 | 2 | 2 | 1,278 | $614 | 0.1 mi |
C 28942 Paseo Theresa Sold | $839,000 | 2 | 2 | 1,400 | $599 | 0.1 mi |
D 321 Trailblazer Sold | $818,500 | 2 | 2 | 1,369 | $598 | 0.9 mi |
E 28914 Paseo Caravella Sold | $795,000 | 2 | 2 | 1,278 | $622 | 0.1 mi |
F 21464 San Bernardo Sold | $782,500 | 2 | 2 | 1,387 | $564 | 0.1 mi |
G 188 Valley View Sold | $875,000 | 3 | 3 | 1,339 | $653 | 1.0 mi |
H 21527 Paseo Palmetto Sold | $844,000 | 3 | 2 | 1,428 | $591 | 0.1 mi |
I 21555 San Pablo Pending | $799,000 List Price | 2 | 2 | 1,387 | $576 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1997, the property is in well-maintained, move-in ready condition with significant updates. The kitchen features granite countertops and stainless steel appliances, travertine flooring is present throughout main areas, and the home has been fully re-piped. The bathrooms are functional and updated for accessibility, fitting the 5-15 year renovation window for a 'Good' rating.
Located in the guard-gated Palmia community, residents enjoy premium facilities including a clubhouse, pool, putting green, and exclusive membership to Lake Mission Viejo.
This single-story home is designed for aging-in-place with a walker-friendly primary shower and the significant peace-of-mind benefit of being fully re-piped.
The property features a shared greenbelt buffer rather than backing directly to neighbors, providing a tranquil, landscaped outlook from the covered patio.
The monthly HOA fee of $791.43 is substantial and represents a significant recurring cost that may impact the budget of retirees on a fixed income.
With 1,278 square feet of living space, the home offers a relatively small footprint that may feel restrictive for those downsizing from larger family residences.
Welcome home to 28934 Paseo Picasso, a beautifully kept single-story retreat tucked inside Palmia, Mission Viejo's guard-gated 55+ community where life slows down just enough to enjoy it. A gate off the patio opens to a shared greenbelt buffer, giving you a landscaped strip of green between your home and the next row of houses instead of a yard that backs directly to a neighbor. The covered patio, framed by a lattice pergola, makes for an easy spot to enjoy your morning coffee or unwind in the shade come afternoon. Inside, travertine flooring flows throughout the main living areas, warm underfoot and easy to keep looking sharp for years to come. The open living space works just as well for a quiet evening in as it does for having friends over. The primary suite offers a generously sized walk-in closet and a slider straight out to the backyard. The primary bathroom includes a walk-in shower designed with easy, walker-friendly access, a genuinely thoughtful detail for everyday living. The second bathroom offers a jacuzzi tub and shower combo, perfect for soaking away the day. Carpet is tucked into the bedroom for a cozy touch, and the entire home has been re-piped, so you can move in and simply enjoy the place. Once you're through the guard gate, Palmia's amenities are hard to beat: Club Palmia's ballroom, resort-style pool and spa, 18-hole putting green, fitness center, walking trails, and courts for bocce ball and shuffleboard, plus a full calendar of social clubs and classes. Residents also enjoy membership to Lake Mission Viejo, with summer concerts, a farmers market, movie nights, and party boat rentals. You're still minutes from Mission Viejo's shopping, dining, and freeway access, all while coming home each night to a gated, guarded community built around peace and quiet. If a low-maintenance, single-story home with real accessibility, a peaceful greenbelt setting, and resort-style amenities sounds like your next chapter, this is the one.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 2.2 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,278 | 1,248.725 |
| Lot Size | 14,702 | 90,361.45 |
| Price | $795.0K | $756.3K |
| Price per sq ft | $622 | $612 |
| Built year | 1997 | 1984 |
| HOA | $791.43 | $504 |
| Days on market | 28 | 55 |
Aug 12, 2026
$795,000
Initial Listing
Sep 12, 2000
$260,000
Public Record
Mar 10, 1997
$156,000
Public Record