28938 Paseo Caravella, Mission Viejo, California 92692, Mission Viejo, 92692 - 3 bed, 2 bath
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Mission Viejo, California 92692
This Single-Level End-Unit Residence is listed at $874,000, offering a stable entry point at its $874,000 Fair Market Value. Boasting a Condition Rating of 4, the home is move-in ready with significant infrastructure value, including re-piped plumbing and no Mello-Roos. Located in the prestigious 55+ Guard-Gated Palmia Community, the property features a rare Full-Sized 2-Car Driveway and access to resort amenities near Top-Rated Schools within the Saddleback Valley Unified district. This spacious 1,695 sqft home is an ideal sanctuary for Active Seniors or Retirees seeking a secure, maintenance-free lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 28938 Paseo Caravella Subject | $869,900* List Price | 3 | 2 | 1,695 | $513 | - |
A 28919 28919 Paseo Theresa Sold | $885,000 | 3 | 2 | 1,695 | $522 | 0.1 mi |
B 28826 Paseo Campana Sold | $850,000 | 3 | 2 | 1,428 | $595 | 0.2 mi |
C 28955 Paseo Sabatini Sold | $760,000 | 2 | 2 | 1,278 | $595 | 0.2 mi |
D 21659 Paseo Casiano Sold | $779,000 | 2 | 2 | 1,278 | $610 | 0.1 mi |
E 28845 San Simeon Pending | $878,800 List Price | 3 | 3 | 1,749 | $502 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998, this property is well-maintained and move-in ready but shows its age with original late-90s features. The kitchen and bathrooms contain dated white tile countertops and older white appliances. While the home benefits from being re-piped and having hard surface flooring, it lacks the recent comprehensive renovations necessary to meet the 'good' or 'excellent' criteria.
Located in the prestigious guard-gated Palmia community, this home offers access to resort-style amenities including two pools, a putting course, tennis courts, and a clubhouse, fostering an active and secure lifestyle.
As a single-level end unit, the property provides enhanced privacy and natural light, further distinguished by a rare full-sized two-car driveway in addition to the two-car garage.
The home has been fully re-piped and features no Mello-Roos assessments, offering long-term financial benefits and peace of mind regarding major maintenance concerns.
The association fee of $740 per month is substantial and may be a deterrent for buyers on a fixed income or those sensitive to high recurring monthly expenses.
The removal of a wall in the third bedroom to open it to the kitchen creates a non-traditional layout that may require additional investment to restore if a private third bedroom is desired.
Bring All Offers! Beautiful 3 Bedroom, 2 Bath, Single-level End Unit home with a much sought after Full-sized, 2-car Driveway located in the very desirable 55+ Guard Gated community of Palmia in Mission Viejo. A wall in the third bedroom was removed, opening it to the spacious Kitchen. The door to the room from the hallway, as well as the closet, remains in place. The room could easily be converted back to a private bedroom or continue to be used as a TV room or dining area. This home features plenty of natural light with shutters and blinds throughout. The expansive Eat-in Kitchen features a gas range & convenient Island. The Primary Bedroom includes a ceiling fan and access to the large outdoor space via a sliding glass door. The Primary Bath features dual sinks and a walk-in shower with no step. Other features include a fireplace in Living Room, high ceilings, hard surface/tile flooring and recessed lighting throughout. The separate inside laundry room includes plenty of cabinets and a utility sink. The 2-car garage can be accessed directly from inside the home. The home has been re-piped and has no Mello-Roos. The Association clubhouse and amenities includes 2 pools, spa, putting course, tennis, activities, cable service and more.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 2.2 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 71% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,695 | 1,365 | 88% |
| Lot Size | - | 2,938 | 39% |
| Price | $869.9K | $851.0K | 54% |
| Price per sq ft | $513 | $609 | 10% |
| Built year | 1998 | 1989 | 80% |
| HOA | $740.0 | $549 | 83% |
| Days on market | 111 | 166 | 39% |
Mar 28, 2026
$869,900
$874,000
+0% Price Increase
Initial Listing
Mar 3, 2026
$874,000
$899,900
-3% Price Drop
Initial Listing
Jan 31, 2026
$899,900
$959,900
-6% Price Drop
Initial Listing
Jan 1, 2026
$959,900
Initial Listing
Nov 17, 2020
$575,000
Public Record