22506 Formentor , Mission Viejo, CA 92692
$1,249,750
Est. Payment: $6,859.09/mo
2 Bed
2 Bath
1444 Sqft
4.95 Acres
Status: Active | Days on site: 43
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OC03075 - DARSHKEL,SMILACLA
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House Description

Waterfront Penthouse. The most spectacular vantage points on Lake Mission Viejo. Ideally positioned within the exclusive guard-gated community, this exceptional residence captures breathtaking panoramic views across the lake, sandy beaches, boat docks, rolling hills, majestic mountains, and sparkling city lights. From nearly every room, the ever-changing beauty of Lake takes center stage. Beautifully remodeled, and impeccably maintained, this turnkey home seamlessly blends timeless elegance with modern comfort. The residence has been thoughtfully refreshed throughout, featuring a completely new kitchen, new stainless-steel appliances, new windows and sliding doors, new carpet, new HVAC system, upgraded attic insulation, smooth walls and ceilings, fresh interior paint, new interior doors and hardware, and new ceiling fans in every room. Every detail has been carefully considered to create a comfortable, sophisticated, and move-in-ready home. The redesigned gourmet kitchen featuring custom cabinetry, quartz countertops, brand-new stainless-steel appliances, and a bright breakfast nook that opens to its own private view balcony. The spacious living room offers a cozy fireplace and expansive new sliding doors that open to a generous outdoor deck, seamlessly extending the living space and bringing the magnificent scenery indoors. The open-concept dining area is filled with natural light and provides an inviting backdrop for elegant entertaining, intimate dinners, and memorable gatherings overlooking the lake. Smooth walls and ceilings, fresh paint, new carpet, new interior doors and hardware, ceiling fans in every room, and abundant natural light contribute to a clean, contemporary aesthetic while maintaining the warmth and character of the residence. The luxurious bathrooms have been beautifully renovated with custom cabinetry, elegant stone countertops, premium fixtures, and spa-inspired finishes. Two private view decks provide wonderful opportunities to enjoy the spectacular surroundings—from morning coffee overlooking the tranquil lake to evening sunsets followed by dazzling city lights. A laundry area and two-car garage. Residents of Mallorca enjoy an exceptional resort-style lifestyle, with community pools, spas, and direct access to a private beach on Lake Mission Viejo. Lake membership offers year-round recreational opportunities including boating, fishing, paddleboarding, swimming, summer concerts, movies under the stars, beachfront picnics, barbecues

Highlights

Listed by Kelly Arshi , 949-455-0606 and Claudette Milan , 949-234-6600 Re/Max First Class , 949-305-6800. CRMLS/Multi-Regional MLS mls logo

Property Type

Condo/Townhome

Lot/Acreage
4.95

HOA Fee

783 Monthly

Year Built

1981

County

Orange

Area

MN - Mission Viejo North

Neighborhood

Mallorca Condos (MQ)

School District

Capistrano Unified

Listing ID

OC26179076

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:2
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Appliances:Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan, Water To Refrigerator
Air Cond:Central Air
Fireplaces:Gas Starter,Living Room
Floor:Carpet,Wood
Other:
  • ▪ Additional:Balcony, Breakfast Area, Ceiling Fan(s), Cathedral Ceiling(s), Separate/Formal Dining Room, Pantry, Quartz Counters, Recessed Lighting, Entrance Foyer, Primary Suite
Water:Public

Exterior Features

Lot:Cul-De-Sac,No Land Lease
Garage Capacity:2
Others:
  • ▪ Additional:Termite Clearance, Turnkey
Sewer:Public Sewer
Parking Features:Door-Single,Garage Faces Front,Garage,Garage Door Opener
Principal Interest
$6,859
Taxes
$797
HOA
$783

Home Price

$1,249,750

Loan Details

30 yrs
7.307%

Down Payment

20%
$249,950
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,859.09

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $6,859.09 $796.72 $783.00 $8,438.81
Yearly $82,309.14 $9,560.59 $9,396.00 $101,265.73
Total $2,469,274.17 $286,817.63 $281,880.00 $3,037,971.80

Today's Rates

30 Year

7.31%

20 Year

7.2%

15 Year

6.65%

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Market insight data is pulled from the same city as the listing being viewed (Mission Viejo, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-03T21:11:42.000Z

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