Welcome to Mallorca at Lake Mission Viejo
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22484 Petra, Mission Viejo, CA 92692

$959K2bd · 2ba · 1,444 sqft
Lot 1,444 sqft•HOA $753.34/mo•Condominium•
Active
•51d on market•MLS# OC-26184335

Property Description

Welcome to Mallorca at Lake Mission Viejo, where every day feels like a retreat. This beautifully located condo offers rare panoramic views of the lake, mountains, and city lights from almost every room, creating a truly special setting for your next home. The entry-level Baroness model features 1,444 square feet of open living space, including 2 generous bedrooms, 2 full bathrooms, and a detached 2-car garage. The well-designed floor plan provides comfortable flow throughout, with a bright living room anchored by a gas fireplace and framed by large windows and sliding doors that bring the outdoors in. The kitchen includes granite countertops, laminate flooring, and a convenient eating counter, making it ideal for casual meals and entertaining. The spacious primary bedroom offers built-in storage and calming views, while the private balcony gives you the perfect place to unwind and take in the scenery. From the security and serenity of the gated Mallorca community to the unmatched recreational opportunities of Lake Mission Viejo, this property offers an extraordinary blend of comfort, beauty, and convenience. Residents enjoy exclusive access to lake amenities including fishing, kayaking, paddleboarding, boat rentals, private docks, sandy beaches, summer camps, outdoor concerts, Movies in the Park, holiday celebrations, and a vibrant calendar of year-round community events. Surrounded by Mission Viejo's scenic landscapes, exceptional parks, shopping, dining, and welcoming community spirit, this is more than a home, it's a lifestyle.

Features & Amenities

FeeBuilt 1982

Property Details

Land Type
Fee
Year Built
1982
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Lake, Mountain(s)
Flooring
Vinyl, Carpet
City
Mission Viejo
Zip Code
92692
County
Orange
Listed byPrestige Coastal Real Estate, Inc., Tracey Kirk-Johnson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$4,848.66
Principal & Interest
Loan Amount
$767,110
Total Interest
$978,407
Total Payment Over 30 Years
$1,745,517
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

22484 Petra, Mission Viejo, CA 92692

Mission Viejo · Condominium

$959K
Affordable Tier
Beds
2
Baths
2
Sqft
1,444
Lot
1,444 sqft
Year
1982
$/Sqft
$664
Pool: Yes✓
Spa: Yes✓
View: mountain✓
Garage: 2-car✓

Listed 19.9% above the median closed sale of $800,000.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $959K· $664/sqft
Total list price
Closed comps
vs closed median $800K
+$159K (+19.9%)
Active comps
vs active median $825K
+$134K (+16.2%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $567
+$97 (+17.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
27871 EsporlasMission Viejo1979221,4441,500$630$910,0006998
27780 InvernessMission Viejo1985221,4390$622$895,0005195
27810 GleneaglesMission Viejo1987221,4620$564$825,0001794
23236 CopanteMission Viejo1982221,4690$507$745,0008193
23186 DeniaMission Viejo1980221,3640$512$699,000392
Total: 5 · Average2.02.01,435.61,500$567$814,80044.2
Median1,444$825,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
22526 PetraMission Viejo197908/13/2026221,4440$1.15M$1.15M$7961.006594
28942 Paseo TheresaMission Viejo199507/16/2026221,4000$839,000$839,000$5991.0011489
23332 CosoMission Viejo198009/09/2026221,2730$685,000$660,000$5180.9618089
21724 San LeandroMission Viejo199710/07/2026221,2840$724,900$725,000$5651.002087
24618 Zena CourtMission Viejo197608/28/2026321,4162,850$809,000$800,000$5650.997187
Total: 5 · Average2.22.01,363.42,850$834,800$834,800$608.6—90
Median1,400$800,000$800,000

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.