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21122 Aqua, Mission Viejo, CA 92691

$619K2bd · 2ba · 942 sqft
Lot 61,235 sqft•HOA $505/mo•Condominium•
Active
•63d on market•MLS# PW-26176357

Property Description

Welcome to Rainbow Ridge in Mission Viejo, where comfortable living, private outdoor space, and community amenities come together. This move-in-ready 2-bedroom, 1.25-bath condo features a private backyard with covered patio, direct-access one-car garage, inside laundry, and membership privileges at Lake Mission Viejo. Freshly painted and filled with natural light, the home offers an inviting floor plan with laminate flooring throughout the main living areas, stone tile in the kitchen and bathrooms, and carpeted bedrooms. The bright kitchen features granite countertops, generous workspace, and an easy connection to the living and dining areas—perfect for both everyday living and entertaining. The spacious primary bedroom includes a large walk-in closet and separate dressing area, while the second bedroom offers flexibility as a guest room, home office, or den. Step outside to your own private backyard retreat. Surrounded by mature trees, the covered patio provides a welcoming space for morning coffee, outdoor dining, entertaining friends, or creating a low-maintenance garden. Private outdoor space like this adds another dimension to condo living. Everyday convenience continues with an inside stackable washer and dryer and direct access to the one-car garage. Rainbow Ridge residents enjoy two community pools and spas, walking paths, picnic areas, a Tot Lot, and sport court. Membership privileges at Lake Mission Viejo provide even more opportunities to enjoy the Mission Viejo lifestyle, including the lake, beaches, recreation, and community activities. If you’ve been looking for a Mission Viejo home that combines a private backyard, garage, inside laundry, community amenities, and Lake Mission Viejo privileges, this Rainbow Ridge condo is ready to welcome you home.

Features & Amenities

FeeBuilt 1989

Property Details

Land Type
Fee
Year Built
1989
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Central, Fireplace(s), Forced Air
Cooling
Central Air
Flooring
Carpet, Laminate, Tile
City
Mission Viejo
Zip Code
92691
County
Orange
Listed byUnknown Office, Rick Clark

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,129.43
Principal & Interest
Loan Amount
$495,110
Total Interest
$631,486
Total Payment Over 30 Years
$1,126,596
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

21122 Aqua, Mission Viejo, CA 92691

Mission Viejo · Condominium

$619K
Affordable Tier
Beds
2
Baths
2
Sqft
942
Lot
1.41 ac
Year
1989
$/Sqft
$657
Pool: Yes✓
Spa: Yes✓
Garage: 1-car✓

Listed in line with the median closed sale of $630,000.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $619K· $657/sqft
Total list price
Closed comps
vs closed median $630K
−$11K (−1.8%)
Active comps
vs active median $599K
+$20K (+3.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $659
−$2 (−0.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
133 California CourtMission Viejo19932284361,502$711$599,0001395
27792 ZirconMission Viejo1985219420$648$610,0002694
25987 Via PeraMission Viejo1972229320$590$549,9001793
26067 Via PeraMission Viejo19722293254,445$612$570,0003992
210 California CourtMission Viejo199322843413,109$735$620,0003288
Total: 5 · Average2.01.8898.4176,352$659.2$589,78025.4
Median932$599,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
157 California CourtMission Viejo199309/30/20262290094,342$629,900$620,000$6890.9810893
27974 CrimsonMission Viejo198809/28/202622942871$609,900$615,000$6531.016593
21691 FAIRBROOKMission Viejo198508/21/2026221,0620$819,900$835,000$7861.022091
165 California CourtMission Viejo199307/28/20262284394,342$620,000$630,000$7471.023990
36 BrindisiMission Viejo199409/23/2026221,10565,588$775,000$740,000$6700.958990
Total: 5 · Average2.02.0970.463,785.75$688,000$688,000$709—64.2
Median942$630,000$630,000

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.