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22342 Valdemosa, Mission Viejo, CA 92692

$1.02M2bd · 2ba · 1,221 sqft
Lot 240,203 sqft•HOA $753/mo•Condominium•
Active
•92d on market•MLS# SW-26153482

Property Description

Experience breathtaking lakefront living in this stunning ground-level corner-unit condo with panoramic views of Lake Mission Viejo and the Saddleback Mountains. Nearly every room captures picturesque lake views, making this exceptional home a true rarity. Perfectly positioned on one of the most desirable streets within the prestigious guard-gated community of Mallorca, this private residence offers an expansive backyard and unmatched privacy, features seldom found in the community. This turnkey home has been thoughtfully updated with a remodeled kitchen and bathrooms, newer windows and a slider door, window coverings throughout, a newer heater, laminate plank flooring, and complete plumbing repiping for added peace of mind. As you step inside, you're immediately welcomed by abundant natural light and captivating lake views. The spacious living-dining room combo provides the perfect setting for relaxing or entertaining while enjoying the spectacular scenery. The beautifully updated kitchen features granite countertops, quality cabinetry with a wall pantry and large custom pull-out drawers, and its own tranquil lake view. The primary suite is a peaceful retreat, complete with dual sinks, a generous vanity, custom blackout window coverings, and stunning lake views to greet you each morning. A spacious secondary bedroom is conveniently located adjacent to the updated hall full bathroom. Step outside to your private, beautifully landscaped patio and backyard overlooking Lake Mission Viejo. Whether you're enjoying your morning coffee, entertaining guests, or simply unwinding at the end of the day, the panoramic views and peaceful setting create an unforgettable outdoor living experience. Custom roller shades out on the patio provide extra privacy. A detached two-car garage visible from the front door, a rare and highly desirable feature. The wide street with sidewalks also provides ample guest parking nearby. Enjoy the resort-style lifestyle Mallorca is known for, featuring a private beach, two pools and spas, boat docks and slips with electric outlets (subject to availability and additional fee), and a 24-hour guard-gated entrance. As a Lake Mission Viejo member, you'll enjoy year-round recreation including boating, sailing, kayaking, paddleboarding, swimming, fishing, summer concerts, holiday fireworks, and an exciting calendar of community events. This is an extraordinary opportunity to own one of Mallorca's most desirable lake-view homes!

Features & Amenities

FeeBuilt 1979

Property Details

Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Cooling
Central Air
View
Lake, Mountain(s), Panoramic
City
Mission Viejo
Zip Code
92692
County
Orange
Listed byAllison James Estates & Homes, Marleen Noel

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,182.96
Principal & Interest
Loan Amount
$820,000
Total Interest
$1,045,865
Total Payment Over 30 Years
$1,865,865
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

22342 Valdemosa, Mission Viejo, CA 92692

Mission Viejo · Condominium

$1.02M
Affordable Tier
Beds
2
Baths
2
Sqft
1,221
Lot
5.51 ac
Year
1979
$/Sqft
$839
Pool: Yes✓
View: city✓
Garage: 2-car✓

Listed 41.4% above the median closed sale of $725,000. Price per sqft ($839) is a 34% premium to closed comps ($625).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.02M· $839/sqft
Total list price
Closed comps
vs closed median $725K
+$300K (+41.4%)
Active comps
vs active median $729K
+$296K (+40.6%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $604
+$235 (+38.9%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
27861 EsporlasMission Viejo1979221,221280,855$696$849,9997394
23294 CopanteMission Viejo1980221,1780$551$649,0002492
27802 GleneaglesMission Viejo1986221,257201,183$617$775,0003892
27825 VioletMission Viejo1986221,221106,139$553$675,0002692
27886 VioletMission Viejo1986221,206106,139$604$729,0004291
Total: 5 · Average2.02.01,216.6173,579$604.2$735,599.840.6
Median1,221$729,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
22526 PetraMission Viejo197908/13/2026221,4440$1.15M$1.15M$7961.006593
23332 CosoMission Viejo198009/09/2026221,2730$685,000$660,000$5180.9618092
21724 San LeandroMission Viejo199710/07/2026221,2840$724,900$725,000$5651.002092
21605 FernbrookMission Viejo198709/18/2026221,162174,739$819,900$835,000$7191.026391
23246 CopanteMission Viejo198008/25/2026221,178339,587$620,000$620,000$5261.007490
Total: 5 · Average2.02.01,268.2257,163$798,000$798,000$624.8—80.4
Median1,273$725,000$725,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.