
Mission Viejo, California 92692
This Move-In Ready Single-Story Home is a Strong Value Opportunity, listed at $795,000—positioned well below the $791,760 Fair Market Value (priced at market stability). Featuring a Condition Rating of 3, the home includes a fully re-piped plumbing system, elegant travertine flooring, and an accessible primary suite. Residents enjoy resort-style amenities in the guard-gated Palmia community and access to top-rated schools like Trabuco Hills High. This property is an ideal sanctuary for active retirees or downsizing owner-occupants seeking a low-maintenance, peaceful lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28934 Paseo Picasso Subject 2 bd · 2 ba · 1,278 sqft · $610 | $780,000* List Price | 2 | 2 | 1,278 | $610 | - |
A 28901 Paseo Sabatini Sold 2 bd · 2 ba · 1,278 sqft · $624 · 0.0 mi | $796,900 | 2 | 2 | 1,278 | $624 | 0.0 mi |
B 21555 San Pablo Sold 2 bd · 2 ba · 1,387 sqft · $566 · 0.0 mi | $785,000 | 2 | 2 | 1,387 | $566 | 0.0 mi |
C 21734 San Leandro Sold 2 bd · 2 ba · 1,278 sqft · $610 · 0.2 mi | $779,000 | 2 | 2 | 1,278 | $610 | 0.2 mi |
D 28927 Paseo Caravella Sold 2 bd · 2 ba · 1,278 sqft · $578 · 0.1 mi | $739,000 | 2 | 2 | 1,278 | $578 | 0.1 mi |
E 21724 San Leandro Sold 2 bd · 2 ba · 1,284 sqft · $565 · 0.2 mi | $725,000 | 2 | 2 | 1,284 | $565 | 0.2 mi |
F 28935 Paseo Theresa Sold 2 bd · 2 ba · 1,278 sqft · $614 · 0.1 mi | $785,000 | 2 | 2 | 1,278 | $614 | 0.1 mi |
G 361 Summer Sold 2 bd · 2 ba · 1,369 sqft · $559 · 0.9 mi | $765,000 | 2 | 2 | 1,369 | $559 | 0.9 mi |
H 28942 Paseo Theresa Sold 2 bd · 2 ba · 1,400 sqft · $599 · 0.1 mi | $839,000 | 2 | 2 | 1,400 | $599 | 0.1 mi |
I 28825 Paseo Campana Active Under Contract 2 bd · 2 ba · 1,091 sqft · $677 · 0.1 mi | $739,000 List Price | 2 | 2 | 1,091 | $677 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained, functional, and move-in ready. Although built in 1997 (making it 29 years old), it features key updates including a fully re-piped plumbing system, travertine flooring, and an accessible primary bath with a walk-in shower.
Located in the premier guard-gated Palmia community, residents enjoy extensive amenities including a clubhouse, pool, putting green, and exclusive membership to Lake Mission Viejo.
This single-story retreat features a walker-friendly primary shower and has been fully re-piped, offering a move-in-ready solution optimized for long-term accessibility.
The property benefits from a shared greenbelt buffer at the rear, providing a landscaped separation from neighbors that creates a more open and private outdoor atmosphere.
The monthly association fee of $791.43 is relatively high, which may impact the overall affordability and appeal for budget-conscious buyers.
The listing indicates no specific views, which may be a disadvantage compared to other properties in the area that offer hills or city light vistas.
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. Inside, travertine flooring flows through the main living areas, warm underfoot and easy to maintain. The updated kitchen features granite countertops, stainless steel appliances, and generous counter space, and it opens to the living and dining areas, making entertaining easy. The primary suite features a generous walk-in closet and a slider that opens straight to the backyard. A gate off the patio opens to a landscaped greenbelt buffer, giving you a little green space between your home and the next row of houses. The covered patio, framed by a lattice pergola, is an easy spot for morning coffee or afternoon shade. The primary bath includes a walk-in shower designed with easy, walker-friendly access. The second bath offers a jacuzzi tub and shower combo. The entire home has been re-piped, so you can move in and enjoy it right away. Parking is a real plus here. Two single-car garages each have a full-size driveway out front, which not every unit in Palmia offers. Once 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 bocce and shuffleboard courts, plus a full calendar of social clubs. Residents also enjoy Lake Mission Viejo membership, with summer concerts, a farmers market, and movie nights. You’re minutes from Mission Viejo’s shopping and dining, plus freeway access. If a low-maintenance, single-story home with real accessibility sounds like your next chapter, don't miss out on this opportunity.
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 | 1,240.63 |
| Lot Size | 14,702 | 97,777.444 |
| Price | $780.0K | $756.5K |
| Price per sq ft | $610 | $613 |
| Built year | 1997 | 1987 |
| HOA | $791.43 | $512 |
| Days on market | 74 | 59 |
Oct 22, 2026
$780,000
$795,000
-2% Price Drop
Initial Listing
Aug 12, 2026
$795,000
Initial Listing
Sep 12, 2000
$260,000
Public Record
Mar 10, 1997
$156,000
Public Record