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27808 Paguera, Mission Viejo, CA 92692

$999K2bd · 2ba · 1,444 sqft
Lot 364,597 sqft•HOA $753/mo•Condominium•
Active
•96d on market•MLS# OC-26145418

Property Description

What...IS IT REALLY PRICED UNDER $1M?.... That's right IT IS! Undeniably the BEST Deal in ALL of Mission Viejo....Another INCREDIBLE PRICE DECREASE JUST TAKEN....WELL BELOW MARKET! And Includes the best 180 Degree VIEWS of the Water and Mountains! Wake up every morning to breathtaking panoramic views of Lake Mission Viejo's sparkling 125-acre lake and the rolling Saddleback Valley beyond. Perfectly positioned in the highly sought-after Mallorca community, this beautifully upgraded single-story home offers one of the area's most spectacular view settings—with only three steps to the front door for easy access. Enjoy the resort lifestyle that makes Mallorca so special, with private beaches, boating, kayaking, fishing, summer concerts, Movies in the Moonlight, pools, playgrounds, and year-round community events. There's simply nothing else like it in Southern California. Inside, the light-filled floor plan showcases stunning lake views from the main living areas and the primary suite. Recent upgrades include new windows, luxury flooring, quartz counter tops, fresh paint, recessed LED lighting, smooth walls and ceilings, and beautifully updated baths. The inviting living and dining rooms open to an expansive 200+ sq. ft. view deck, creating seamless indoor-outdoor living that's perfect for entertaining or simply relaxing with the ever-changing lake views. The upgraded kitchen features quartz counters, abundant cabinetry, a gas cook top, dishwasher, built-in desk, indoor laundry, and a spacious breakfast nook that's also ideal as a home office. The primary suite is a peaceful retreat with unobstructed lake views, custom built-ins, and a beautifully remodeled bath with a soaking tub, dual vanity, and generous closet space. A bright secondary bedroom and updated guest bath complete the home. Just steps from the two-car garage and one of Mallorca's pools and spas, this rare offering combines an exceptional panoramic lake and Saddleback Valley view location with the unmatched lifestyle of Lake Mission Viejo. Enjoy nearby Vista del Lago which includes incredible lakeside dining/beverage establishments such as: A Hidden Vine Domenicos Italian and Yama Sushi, gym/workout facilities, various salons, banking, shopping, and more.

Features & Amenities

FeeBuilt 1979

Property Details

Land Type
Fee
Year Built
1979
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
Central Air
View
Hills, Lake, Water
Flooring
Vinyl, Carpet
City
Mission Viejo
Zip Code
92692
County
Orange
Listed byUnknown Office, Patti Trevino

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,051.49
Principal & Interest
Loan Amount
$799,200
Total Interest
$1,019,336
Total Payment Over 30 Years
$1,818,536
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

27808 Paguera, Mission Viejo, CA 92692

Mission Viejo · Condominium

$999K
Affordable Tier
Beds
2
Baths
2
Sqft
1,444
Lot
8.37 ac
Year
1979
$/Sqft
$692
Pool: Yes✓
Spa: Yes✓
View: water✓
Garage: 2-car✓

Listed 44.8% above the median closed sale of $690,000. Price per sqft ($692) is a 16% premium to closed comps ($598).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $999K· $692/sqft
Total list price
Closed comps
vs closed median $690K
+$309K (+44.8%)
Active comps
vs active median $825K
+$174K (+21.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $613
+$79 (+12.8%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
27780 InvernessMission Viejo1985221,4390$622$895,0005094
27810 GleneaglesMission Viejo1987221,4620$564$825,0001693
22506 FormentorMission Viejo1981221,444215,746$865$1.25M5692
23186 DeniaMission Viejo1980221,3640$512$699,000292
25915 OrbitaMission Viejo1980221,506325,017$504$759,0005192
Total: 5 · Average2.02.01,443270,381.5$613.4$885,55035
Median1,444$825,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
22526 PetraMission Viejo197908/13/2026221,4440$1.15M$1.15M$7961.006595
23334 CosoMission Viejo198009/08/2026221,273339,587$690,000$690,000$5421.004989
23332 CosoMission Viejo198009/09/2026221,2730$685,000$660,000$5180.9618089
28942 Paseo TheresaMission Viejo199507/16/2026221,4000$839,000$839,000$5991.0011488
23502 CosoMission Viejo198007/22/2026221,269351,073$680,000$680,000$5361.007988
Total: 5 · Average2.02.01,331.8345,330$803,800$803,800$598.2—97.4
Median1,273$690,000$690,000

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.