22486 Petra, Mission Viejo, California 92692, Mission Viejo, 92692 - 2 bed, 2 bath
ACTIVE$1,169,900
22486 Petra, Mission Viejo, California 92692
2Beds
2Baths
1,444Sqft
215,746Lot
Year Built
1979
Close
-
List price
$1.17M
Original List price
$1.17M
Price/Sqft
$810
HOA
$685
Days on market
-
Sold On
-
MLS number
NP25268789
Home ConditionExcellent
Features
Excellent View: Hills, Lake
Deck
ViewHills, Lake
About this home
We found 3 Cons,5 Pros. Rank: price - $1.17M(96th), sqft - 1444(59th), beds - 2(50th), baths - 2(50th).
Rare Baroness Penthouse in Mallorca. One of he best views of the lake in this beautifully remodeled home. Live the dream of looking and living on the lake with no one below you.
Nearby schools
7/10
Castille Elementary School
Public,•K-5•1.7mi
7/10
Newhart Middle School
Public,•6-8•2.6mi
8/10
Carl Hankey Middle School
Public,•6-8•4.6mi
7/10
Capistrano Valley High School
Public,•9-12•6.7mi
Price History
Date
Event
Price
12/02/25
Listing
$1,169,900
Condition Rating
Excellent
Despite being built in 1979, the property has been 'beautifully remodeled' as stated in the description, and the images confirm a very recent, high-quality renovation. The kitchen features modern white cabinetry, light-colored countertops, stainless steel appliances, and dark wood-look flooring, all in excellent condition. Bathrooms are equally updated with contemporary vanities, fixtures, and glass-enclosed showers with modern tiling. Recessed lighting and updated flooring (carpet and wood-look) throughout contribute to a fresh, move-in ready aesthetic, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Exceptional Lake Views: The property boasts some of the 'best views of the lake' and surrounding hills, offering a highly desirable and picturesque living environment.
Penthouse Exclusivity & Privacy: As a 'Rare Baroness Penthouse' with 'no one below you,' the unit offers enhanced privacy, reduced noise, and a premium top-floor living experience.
Beautifully Remodeled Interior: The home has been 'beautifully remodeled,' suggesting modern updates and a move-in ready condition, reducing immediate renovation needs for a buyer.
Desirable Lakefront Lifestyle: The description emphasizes the dream of 'looking and living on the lake,' appealing to buyers seeking a specific, high-demand recreational and scenic lifestyle.
Established Community: Located within the 'Mallorca Condos (MQ)' subdivision, an established community in Mission Viejo, which often implies stable property values and access to community amenities.
Cons
High Monthly Association Fees: The association fee of $685.0 per month is substantial and adds significantly to the overall monthly cost of homeownership.
Building Age: Constructed in 1979, the building is over 40 years old, which may raise concerns about the condition of common area infrastructure or potential for future special assessments, despite the unit's remodel.
Condominium Ownership Limitations: As a condominium, the property comes with inherent HOA rules, regulations, and shared responsibilities that may limit owner autonomy compared to a single-family home.